Note 8 - Debt And Finance Leases (Tables)

9 Months Ended

Sep. 30, 2020

Debt Disclosure [Abstract]

Debt and Finance Leases and Related Maturities and Interest Rates

(in millions)	Type	Maturity	Weighted-Average Effective Interest Rate	September 30, 2020		December 31, 2019
Current portion:
	RED-Rochester, LLC	2033	11.46%	$	1	$	1
	Finance leases	Various	Various		1		1
					2		2
Non-current portion:
	Convertible debt	2021	11.72%		—		91
	RED-Rochester, LLC	2033	11.46%		12		13
	Finance leases	Various	Various		3		4
	Other debt	Various	Various		2		1
					17		109
				$	19	$	111

Loss on Early Extinguishment of Debt

The calculation of the loss on early extinguishment of debt is shown below:

(in millions)
Fair value of Initial Conversion Shares	$	506
Fair value of Mandatory Conversion Shares		13
Carrying value of Notes		(92	)
Fair value of pro-rata share of embedded derivative at Initial Conversion		(416	)
Fair value of pro-rata share of embedded derivative at Mandatory Conversion		(9	)
Total	$	2