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Long-Term Debt
12 Months Ended
Dec. 31, 2014
Long-term Debt, Current and Noncurrent [Abstract]  
Long-Term Debt
Long-Term Debt
 
 
 
As of December 31,
 
 
2014
 
2013
 
 
(Thousands)
7.76% notes, due 2015 thru 2016
 
$
10,700

 
$
18,316

5.00% notes, due October 1, 2015
 
150,000

 
150,000

5.15% notes, due March 1, 2018
 
200,000

 
200,000

6.50% notes, due April 1, 2018
 
500,000

 
500,000

8.13% notes, due June 1, 2019
 
700,000

 
700,000

4.88% notes, due November 15, 2021
 
750,000

 
750,000

4.00% EQT Midstream Partners notes, due August 1, 2024
 
500,000

 

7.75% debentures, due July 15, 2026
 
115,000

 
115,000

Medium-term notes:
 
 

 
 

7.3% to 7.6% Series B, due 2015 thru 2023
 
20,000

 
20,000

7.6% Series C, due 2018
 
8,000

 
8,000

8.7% to 9.0% Series A, due 2020 thru 2021
 
35,200

 
40,200

 
 
2,988,900

 
2,501,516

Less debt payable within one year
 
166,011

 
11,162

Total long-term debt
 
$
2,822,889

 
$
2,490,354


 
In August 2014, the Partnership issued 4.00% Senior Notes due 2024 (4.00% Senior Notes) in the aggregate principal amount of $500.0 million. Refer to Note 3 for additional information.
The indentures governing the Company’s and the Partnership’s long-term indebtedness contain certain restrictive financial and operating covenants, including covenants that restrict the Company’s ability to incur indebtedness, incur liens, enter into sale and leaseback transactions, complete acquisitions, merge, sell assets and perform certain other corporate actions.  The covenants do not contain a rating trigger.  Therefore, a change in the Company’s or the Partnership’s debt rating would not trigger a default under the indentures governing the indebtedness.
 
Aggregate maturities of long-term debt are $166.0 million in 2015, $3.0 million in 2016, zero in 2017, $708.0 million in 2018, and $700.0 million in 2019.