Long-Term Debt (Tables)

12 Months Ended

Dec. 31, 2019

Debt Disclosure [Abstract]

Summary of Carrying Value of Debt

The following table shows the carrying value of the Company’s debt (in millions):

	December 31,
	2019			2018
Term Loan A	$	917		$	608
Term Loan B	—			445
Revolving Credit Facility	103			408
Receivables Financing Facilities	266			139
Total debt	$	1,286		$	1,600
Less: Debt issuance costs	(6		)	(5		)
Less: Unamortized discounts	(3		)	(4		)
Less: Current portion of debt	(197		)	(157		)
Total long-term debt	$	1,080		$	1,434

Schedule of Maturities of Long-term Debt

As of December 31, 2019, the future maturities of debt, excluding debt discounts and issuance costs, are as follows (in millions):

2020	$	197
2021	99
2022	56
2023	81
2024	853
Thereafter	—
Total future maturities of debt	$	1,286