Dividends

6 Months Ended

Jun. 30, 2022

Dividends [Abstract]

Dividends

Dividends

From time to time we may declare and pay dividends to our direct parent company, QSC, sometimes in excess of our earnings to the extent permitted by applicable law. Our debt covenants do not currently limit the amount of dividends we can pay to QSC.

During the six months ended June 30, 2022, we declared and paid no dividends to QSC. During the six months ended June 30, 2021, we declared and paid dividends of $570 million to QSC. Dividends paid are reflected on our consolidated statements of cash flows as financing activities.