XML 39 R27.htm IDEA: XBRL DOCUMENT v3.8.0.1
Long-Term Debt and Revolving Promissory Note (Tables)
12 Months Ended
Dec. 31, 2017
Debt Disclosure [Abstract]  
Schedule of long-term debt, including unamortized discounts and premiums
Long-term debt, including unamortized premiums and discounts, unamortized debt issuance costs and note payable-affiliate, were as follows:
 
 
 
 
 
As of December 31,
 
Interest Rates
 
Maturities
 
2017
 
2016
 
 
 
 
 
(Dollars in millions)
Senior notes
6.125% - 7.750%
 
2021 - 2057
 
$
7,294

 
7,259

Term loan
3.570%
 
2025
 
100

 
100

Capital lease and other obligations
Various
 
Various
 
36

 
32

Unamortized premiums, net
 
 
 
 
1

 
4

Unamortized debt issuance costs
 
 
 
 
(150
)
 
(134
)
Total long-term debt
 
 
 
 
7,281

 
7,261

Less current maturities
 
 
 
 
(17
)
 
(514
)
Long-term debt, excluding current maturities
 
 
 
 
$
7,264

 
6,747

Note payable-affiliate
6.710%
 
2022
 
$
965

 
914

Schedule of aggregate maturities of the entity's long-term debt (excluding unamortized premiums, discounts, and other)
Set forth below is the aggregate principal amount of our long-term debt (excluding unamortized premiums and discounts and unamortized debt issuance costs and other and excluding note payable-affiliate) maturing during the following years:
 
(Dollars in millions)(1)
2018
$
17

2019
10

2020
5

2021
951

2022
1

2023 and thereafter
6,446

Total long-term debt
$
7,430

_______________________________________________________________________________
(1) Actual principal paid in any year may differ due to the possible future refinancing of outstanding debt or the issuance of new debt.
Schedule of amount of gross interest expense, net of capitalized interest and interest expense (income)-affiliates
Interest expense includes interest on total long-term debt. The following table presents the amount of gross interest expense, net of capitalized interest and interest expense-affiliates, net:
 
Years Ended December 31,
 
2017
 
2016
 
2015
 
(Dollars in millions)
Interest expense:
 
 
 
 
 
Gross interest expense
$
497

 
497

 
491

Capitalized interest
(32
)
 
(19
)
 
(18
)
Total interest expense
$
465

 
478

 
473

Interest expense-affiliates, net
$
63

 
59

 
53