Debt (Tables)

12 Months Ended

Dec. 31, 2024

The Company's long-term debt consisted of the following:


	December 31
($ in millions)	2024		2023
Senior notes due May 1, 2025, 3.844%	$	500	$	500
Senior notes due December 1, 2027, 3.483%	600		600
Senior notes due August 16, 2028, 2.043%	600		600
Senior notes due January 15, 2030, 5.353%	500		—
Senior notes due May 1, 2030, 4.200%	500		500
Senior notes due January 15, 2035, 5.749%	500		—
Mississippi economic development revenue bonds due May 1, 2024, 7.81%	—		84
Term loan due August 19, 2024	—		145
Gulf opportunity zone industrial development revenue bonds due December 1, 2028, 4.55%	21		21

Finance lease obligations	9		12
Less unamortized debt issuance costs	(27)		(17)
Total long-term debt	$	3,203	$	2,445
Less current portion	503		231
Long-term debt, net of current portion	$	2,700	$	2,214

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

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+ Details