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Long-Term Debt and Capital Lease Obligations (Tables)
3 Months Ended
Mar. 31, 2019
Long-Term Debt and Capital Lease Obligations  
Schedule of carrying and fair values of the entity's debt facilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

As of

 

 

 

March 31, 2019

 

December 31, 2018

 

 

    

Carrying
Amount

    

Fair Value

    

Carrying
Amount

    

Fair Value

 

 

 

(In thousands)

 

7 7/8% Senior Notes due 2019 (1)

 

$

1,295,007

 

$

1,317,501

 

$

1,317,372

 

$

1,343,298

 

5 1/8% Senior Notes due 2020

 

 

1,100,000

 

 

1,110,670

 

 

1,100,000

 

 

1,089,957

 

6 3/4% Senior Notes due 2021

 

 

2,000,000

 

 

2,064,620

 

 

2,000,000

 

 

1,974,940

 

5 7/8% Senior Notes due 2022

 

 

2,000,000

 

 

1,941,280

 

 

2,000,000

 

 

1,833,140

 

5% Senior Notes due 2023

 

 

1,500,000

 

 

1,359,270

 

 

1,500,000

 

 

1,247,445

 

5 7/8% Senior Notes due 2024

 

 

2,000,000

 

 

1,693,000

 

 

2,000,000

 

 

1,611,960

 

2 3/8% Convertible Notes due 2024

 

 

1,000,000

 

 

822,950

 

 

1,000,000

 

 

801,200

 

7 3/4% Senior Notes due 2026

 

 

2,000,000

 

 

1,748,960

 

 

2,000,000

 

 

1,653,720

 

3 3/8% Convertible Notes due 2026

 

 

3,000,000

 

 

2,544,060

 

 

3,000,000

 

 

2,436,690

 

Other notes payable

 

 

31,232

 

 

31,232

 

 

39,715

 

 

39,715

 

Subtotal

 

 

15,926,239

 

$

14,633,543

 

 

15,957,087

 

$

14,032,065

 

Unamortized debt discount on the Convertible Notes

 

 

(810,023)

 

 

 

 

 

(833,906)

 

 

 

 

Unamortized deferred financing costs and other debt discounts, net

 

 

(35,136)

 

 

 

 

 

(37,388)

 

 

 

 

Finance lease obligations (2)

 

 

60,752

 

 

 

 

 

66,984

 

 

 

 

Total long-term debt and finance lease obligations (including current portion)

 

$

15,141,832

 

 

 

 

$

15,152,777

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(1)

During the year ended December 31, 2018 and the three months ended March 31, 2019, we repurchased $83 million and $22 million, respectively, of our 7 7/8% Senior Notes due 2019 in open market trades.  The remaining balance of $1.295 billion matures on September 1, 2019. 

(2)

Disclosure regarding fair value of finance leases is not required.