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LONG-TERM DEBT AND REVOLVING CREDIT AGREEMENT BORROWINGS (Tables)
12 Months Ended
Dec. 31, 2023
Line of Credit Facility [Abstract]  
Schedule of Long-term Debt and Revolving Credit Agreement Borrowings
The following table summarizes our long-term debt and revolving credit agreement borrowings as of December 31, 2023 and 2022.
(Dollars in millions)Annual contractual interest rateEffective interest ratePrincipal amountDeferred issuance costsLess: current portionLong-term debt, noncurrent
December 31, 2023December 31, 2022
2021 Revolver6.58 %7.07 %$200 $— $(109)$91 $— 
2029 Notes3.50 %3.67 %$500 $(3)$— $497 $496 
2031 Notes7.13 %7.30 %$400 $(4)$— $396 $—