Schedule I - Condensed Financial Information of Parent (Tables)

12 Months Ended

Dec. 31, 2019

Debt Details [Line Items]

Schedule of Recourse Debt Detail

The following table summarizes the carrying amount and terms of recourse debt of the Company as of the periods indicated (in millions):

	Interest Rate	Final Maturity	December 31, 2019			December 31, 2018
Senior Unsecured Note	4.00%	2021	500			500
Senior Secured Term Loan	LIBOR + 1.75%	2022	18			366
Senior Unsecured Note	4.875%	2023	613			713
Senior Unsecured Note	4.50%	2023	500			500
Drawings on secured credit facility	LIBOR + 1.75%	2024	180			—
Senior Unsecured Note	5.50%	2024	63			63
Senior Unsecured Note	5.50%	2025	544			544
Senior Unsecured Note	6.00%	2026	500			500
Senior Unsecured Note	5.125%	2027	500			500
Unamortized (discount) premium & debt issuance (costs), net			(22		)	(31		)
Subtotal			$	3,396		$	3,655
Less: Current maturities			(5		)	(5		)
Noncurrent maturities			$	3,391		$	3,650

			December 31,
	Interest Rate	Maturity	2019			2018
Senior Unsecured Note	4.00%	2021	500			500
Senior Secured Term Loan	LIBOR + 1.75%	2022	18			366
Senior Unsecured Note	4.875%	2023	613			713
Senior Unsecured Note	4.50%	2023	500			500
Drawings on secured credit facility	LIBOR + 1.75%	2024	180			—
Senior Unsecured Note	5.50%	2024	63			63
Senior Unsecured Note	5.50%	2025	544			544
Senior Unsecured Note	6.00%	2026	500			500
Senior Unsecured Note	5.125%	2027	500			500
Unamortized (discounts)/premiums & debt issuance (costs)			(22		)	(31		)
Subtotal			$	3,396		$	3,655
Less: Current maturities			(5		)	(5		)
Total			$	3,391		$	3,650

Junior Subordinated Notes Payable

			December 31,
	Interest Rate	Maturity	2019			2018
Senior Unsecured Note	4.00%	2021	500			500
Senior Secured Term Loan	LIBOR + 1.75%	2022	18			366
Senior Unsecured Note	4.875%	2023	613			713
Senior Unsecured Note	4.50%	2023	500			500
Drawings on secured credit facility	LIBOR + 1.75%	2024	180			—
Senior Unsecured Note	5.50%	2024	63			63
Senior Unsecured Note	5.50%	2025	544			544
Senior Unsecured Note	6.00%	2026	500			500
Senior Unsecured Note	5.125%	2027	500			500
Unamortized (discounts)/premiums & debt issuance (costs)			(22		)	(31		)
Subtotal			$	3,396		$	3,655
Less: Current maturities			(5		)	(5		)
Total			$	3,391		$	3,650

Future Maturities of Debt

The following table summarizes the principal amounts due under our recourse debt for the next five years and thereafter (in millions):

December 31,	Net Principal Amounts Due
2020	$	5
2021	505
2022	8
2023	1,113
2024	243
Thereafter	1,544
Unamortized (discount) premium & debt issuance (costs), net	(22		)
Total recourse debt	$	3,396

As of December 31, 2019 scheduled maturities are presented in the following table (in millions):

December 31,	Annual Maturities
2020	$	5
2021	505
2022	8
2023	1,113
2024	243
Thereafter	1,544
Unamortized (discount)/premium & debt issuance (costs)	(22		)
Total debt	$	3,396