As of June 30, 2025 and December 31, 2024, the Company had debt outstanding as follows: | | | | | | | | | | | | | (in millions) | June 30,
2025 | | December 31, 2024 | | | | | | | | | | | | | | | | | 5.000% Senior Notes due 10/01/25 ($24 million par value) | $ | 24 | | | $ | 24 | | 6.750% Senior Notes due 04/15/29 ($525 million par value) | 519 | | | 518 | | 6.625% Senior Notes due 10/15/32 ($450 million par value) | 444 | | | 444 | | | | | | | | | | | Finance leases | 3 | | | 2 | | | Total long-term debt | $ | 990 | | | $ | 988 | | | Less: current portion | 25 | | | 25 | | | Long-term debt, net of current portion | $ | 965 | | | $ | 963 | |
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