Subsequent Events |
3 Months Ended | ||||||
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Mar. 31, 2021 | |||||||
| Subsequent Events [Abstract] | |||||||
| Subsequent Events |
On April 15, 2021, the Company redeemed all of its $500 million 5.375% senior unsecured notes due 2026, which was primarily funded through cash on hand. Due to this redemption, the Company incurred an $18 million charge to interest expense in the second quarter of 2021, including $13 million of call premiums and $5 million from the acceleration of deferred financing fees. These notes were classified as current portion of long-term debt on its Condensed Consolidated Balance Sheet as of March 31, 2021.
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- References No definition available.
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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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