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Debt (Tables)
6 Months Ended
Jun. 30, 2022
Debt Disclosure [Abstract]  
Long-Term Debt, Net of Unamortized Discount and Debt Issuance Costs
Long-term debt, net of an unamortized discount and debt issuance costs, consisted of the following:
Original
Principal
Annual
Interest Rate
Maturity
Date
June 30, 2022December 31, 2021
Term Loan Facility, net of unamortized discount (1)
1,300 Variable3/11/2028898 897 
2022 Term Loan Facility, net of unamortized discount(1)
400 Variable4/4/2029395 — 
Senior Notes due 2029 1,075 4.625 %3/15/20291,075 1,075 
6.5% Senior Secured Notes due 2025500 6.50 %5/1/2025— 500 
Standard Bank Term Loan Facility (1)
98 Variable11/11/202685 92 
Australian Government Loan, net of unamortized discountN/AN/A12/31/2036
MGT Loan(2)
36VariableVariable32 33 
Finance leases15 14 
Long-term debt2,501 2,612 
Less: Long-term debt due within one year(17)(18)
Debt issuance costs(35)(36)
Long-term debt, net$2,449 $2,558 
_______________
(1)The average effective interest rate on the Term Loan Facility, the 2022 Term Loan Facility and the Standard Bank Term Loan Facility was 4.6%, 4.4% and 6.5%, respectively, during the six months ended June 30, 2022. The average effective interest rate on the Term Loan Facility and previous Standard Bank Term Loan Facility was 4.6% and 6.9%, respectively, during the six months ended June 30, 2021.
(2)The MGT loan is a related party debt facility. The average effective interest rate on the MGT loan was 3.2% and 3.1% during the six months ended June 30, 2022 and June 30, 2021, respectively.