XML 31 R21.htm IDEA: XBRL DOCUMENT v3.22.1
LONG-TERM DEBT (Tables)
3 Months Ended
Mar. 31, 2022
Debt Disclosure [Abstract]  
Schedule of Long-Term Debt Outstanding
Long-term debt outstanding for the Company as of March 31, 2022 and December 31, 2021 consisted of the following:
(In thousands)March 31, 2022December 31, 2021
Term Loan Facility due 2026$1,864,032 $1,864,032 
Incremental Term Loan Facility due 2026401,220 401,220 
Asset-based Revolving Credit Facility due 2023(1)
— — 
6.375% Senior Secured Notes due 2026
800,000 800,000 
5.25% Senior Secured Notes due 2027
750,000 750,000 
4.75% Senior Secured Notes due 2028
500,000 500,000 
Other secured subsidiary debt(2)
5,184 5,350 
Total consolidated secured debt4,320,436 4,320,602 
8.375% Senior Unsecured Notes due 2027
1,450,000 1,450,000 
Other unsecured subsidiary debt90 90 
Original issue discount(12,745)(13,454)
Long-term debt fees(17,641)(18,370)
Total debt5,740,140 5,738,868 
Less: Current portion719 673 
Total long-term debt$5,739,421 $5,738,195 
(1)As of March 31, 2022, the senior secured asset-based revolving credit facility (the “ABL Facility”) had a borrowing base of $443.6 million, no outstanding borrowings and $26.9 million of outstanding letters of credit, resulting in $416.7 million of borrowing base availability.
(2)Other secured subsidiary debt consists of finance lease obligations maturing at various dates from 2023 through 2045.