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Long-Term Debt (Tables)
6 Months Ended
Jun. 30, 2024
Debt Disclosure [Abstract]  
Schedule of Long-Term Debt
June 30, 2024December 31, 2023
(Dollars in millions)Final MaturityRatesFace ValueBook ValueBook Value
Secured Debt
CEI Revolving Credit Facility2028variable$— $— $— 
CEI Term Loan A2028variable693 692 710 
CVA Revolving Credit Facility2029variable— — — 
CVA Delayed Draw Term Loan2029variable120 112 — 
CEI Term Loan B2030variable2,369 2,325 2,432 
CEI Term Loan B-12031variable2,893 2,855 — 
CEI Senior Secured Notes due 203020307.00%2,000 1,980 1,978 
CEI Senior Secured Notes due 203220326.50%1,500 1,483 — 
CEI Senior Secured Notes due 2025N/AN/A— — 3,374 
CRC Senior Secured NotesN/AN/A— — 983 
Unsecured Debt
CEI Senior Notes due 202720278.125%1,611 1,596 1,593 
CEI Senior Notes due 202920294.625%1,200 1,189 1,188 
Special Improvement District Bonds20374.30%42 42 45 
Long-term notes and other payables
Total debt12,430 12,276 12,305 
Current portion of long-term debt(100)(100)(65)
Deferred finance charges associated with the CEI Revolving Credit Facility— (14)(16)
Long-term debt$12,330 $12,162 $12,224 
Unamortized discounts and deferred finance charges$168 $150 
Fair value$12,422 
Schedule of Maturities of Long-Term Debt
Annual Estimated Debt Service Requirements as of June 30, 2024
RemainingYears Ended December 31,
(In millions)20242025202620272028ThereafterTotal
Annual maturities of long-term debt$50 $100 $100 $1,713 $625 $9,842 $12,430 
Estimated interest payments460 860 820 800 630 1,170 4,740 
Total debt service obligation (a)
$510 $960 $920 $2,513 $1,255 $11,012 $17,170 
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(a)Debt principal payments are estimated amounts based on contractual maturity and scheduled repayment dates. Interest payments are estimated based on the forward-looking SOFR curve, where applicable. Actual payments may differ from these estimates.