Debt

3 Months Ended

Mar. 31, 2021

Long-term debt was as follows:


(in millions)	March 31, 2021		December 31, 2020
Term loan A due 2022	$	624	$	654
Term loan B due 2023	814		816

Senior notes due 2024	34		34
Finance lease obligations	17		20
Other loans	4		4
Principal debt balance	1,493		1,528
Debt issuance costs and unamortized discounts	(16)		(18)
Less: current maturities	(89)		(90)
Total Long-term Debt	$	1,388	$	1,420

As of March 31, 2021, the Company had no outstanding borrowings under its $750 million Senior Revolving Credit Facility (Revolver). However, the Company has utilized $7 million of the Revolver to issue letters of credit. The net Revolver available to be drawn upon as of March 31, 2021 was $743 million.

At March 31, 2021 and December 31, 2020, the Company was in compliance with all debt covenants related to the borrowings in the table above.