DEBT (Tables)

6 Months Ended

Jun. 30, 2017

Summary of Long-Term Debt and Maturities

Long-term debt and maturities are as follows (dollars in millions):

	June 30, 2017		December 31, 2016
Long-term debt:
Senior Secured Credit Facility Term B-3 Loan, variable, due 2022	$	1,182	$	1,188
Senior Secured Credit Facility Revolving Credit Facility, variable, due 2021		205		—
Senior Notes, fixed 5.0%, due 2024		1,000		1,000
Total long-term debt	$	2,387	$	2,188
Less: current maturities of long-term debt		12		12
deferred financing costs, net		27		29
Total long-term debt, net	$	2,348	$	2,147