Long-Term Debt (Tables)

12 Months Ended

Dec. 31, 2023

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,
	2023		2022
Term Loan A	$	1,684	$	1,728
Revolving Credit Facility	413		50
Receivables Financing Facilities	129		254
Total debt	$	2,226	$	2,032
Less: Debt issuance costs	(2)		(4)
Less: Unamortized discounts	(4)		(5)
Less: Current portion of debt	(173)		(214)
Total long-term debt	$	2,047	$	1,809

Schedule of Future Maturities of Debt

As of December 31, 2023, the future maturities of debt are as follows (in millions):

2024	$	173
2025	66
2026	87
2027	1,900
Total future maturities of debt	$	2,226