Long-term debt is summarized in the following table:


	As of
	June 30,			December 31,
(In millions)	2025			2024
Term Loan A maturing in 2029(1)	$	402		$	412
Term Loan B maturing in 2031(2)		784			788
Revolving Credit Facility maturing in 2029		—			—
Total debt		1,186			1,199
Less current portion		(29	)		(29	)
Total long-term debt	$	1,157		$	1,170

(1)

Term Loan A is presented net of unamortized debt issuance costs of $6 million as of June 30, 2025 and December 31, 2024.

(2)

Term Loan B is presented net of unamortized debt issuance costs of $10 million as of June 30, 2025 and December 31, 2024 and unamortized discount of $2 million as of June 30, 2025 and December 31, 2024.

As of June 30, 2025, we had $2 million of letters of credit outstanding under the Revolving Credit Facility, and the available borrowing capacity under the Revolving Credit Facility was $248 million. As of June 30, 2025, we were in compliance with the covenants under the Credit Agreement.

The following table presents future scheduled debt payments as of June 30, 2025:


(In millions)
2025 (remainder)	$	14
2026		29
2027		29
2028		29
2029		342
Thereafter		760
Total future scheduled debt payments		1,203
Less unamortized debt issuance costs		(15	)
Less unamortized discount		(2	)
Total debt	$	1,186