Long-Term Debt and Credit Facilities (Tables)

9 Months Ended

Sep. 30, 2014

Debt Disclosure [Abstract]

Schedule of long-term debt including unamortized discounts and premiums

As of the dates indicated below, our long-term debt, including unamortized discounts and premiums, was as follows:

	Interest Rates	Maturities	September 30, 2014			December 31, 2013
			(Dollars in millions)
CenturyLink, Inc.
Senior notes	5.000% - 7.650%	2015 - 2042	$	7,825		7,825
Credit facility (1)	2.160% - 4.250%	2017	585			725
Term loan	2.410%	2019	385			402
Subsidiaries
Qwest Corporation
Senior notes	6.125% - 8.375%	2014 - 2054	7,911			7,411
Qwest Capital Funding, Inc.
Senior notes	6.500% - 7.750%	2018 - 2031	981			981
Embarq Corporation
Senior notes	7.082% - 7.995%	2016 - 2036	2,669			2,669
First mortgage bonds	7.125% - 8.770%	2017 - 2025	232			262
Other	9.000%	2019	150			150
Capital lease and other obligations	Various	Various	521			619
Unamortized discounts, net			(108		)	(78	)
Total long-term debt			21,151			20,966
Less current maturities			(1,169		)	(785	)
Long-term debt, excluding current maturities			$	19,982		20,181

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⁽¹⁾  The outstanding amounts of our credit facility ("Credit Facility") borrowings at September 30, 2014 and December 31, 2013 were $585 million and $725 million, respectively, with weighted average interest rates of 2.160% and 2.176%, respectively. These amounts change on a regular basis.