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Long-Term Debt and Revolving Promissory Note (Tables)
9 Months Ended
Sep. 30, 2015
Debt Disclosure [Abstract]  
Schedule of long-term debt, including unamortized discounts and premiums
Long-term debt, including unamortized discounts and premiums and note payable - affiliate, is summarized as follows:
 
Interest Rates
 
Maturities
 
As of September 30, 2015
 
As of December 31, 2014
 
 
 
 
 
(Dollars in millions)
Senior notes
6.125% - 8.375%
 
2016 - 2055
 
$
7,629

 
7,311

Term loan
1.950%
 
2025
 
100

 

Capital lease and other obligations
Various
 
Various
 
14

 
32

Unamortized premiums, net
 
 
 
 
21

 
36

Total long-term debt
 
 
 
 
7,764

 
7,379

Less current maturities
 
 
 
 
(644
)
 
(117
)
Long-term debt, excluding current maturities
 
 
 
 
$
7,120

 
7,262

Note payable - affiliate
6.658%
 
2022
 
$
827

 
796