Long Term Borrowings (Tables)

9 Months Ended

Sep. 30, 2025

The following is a summary of our long term borrowings:


	September 30, 2025		December 31, 2024
	(Dollars in millions)
Term Loan Credit Facility - due May 25, 2027	$	598	$	1,297
5.000% Senior Notes - due June 15, 2027	489		485
5.750% Senior Notes - due October 1, 2029	596		595
6.144% Senior Notes - due June 13, 2032	497		496
6.000% Senior Notes - due July 15, 2035	692		—
5.000% American Equity Capital Trust II - due June 1, 2047	84		84
7.000% Fixed-Rate Reset Junior Subordinated Notes - due December 1, 2055	493		—
Total	$	3,449	$	2,957

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

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+ Details