XML 19 R30.htm IDEA: XBRL DOCUMENT v2.4.0.6
Long-Term Debt and Revolving Promissory Note (Details) (USD $)
In Millions, unless otherwise specified
3 Months Ended 6 Months Ended 9 Months Ended 9 Months Ended 1 Months Ended 9 Months Ended 1 Months Ended 1 Months Ended 1 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Dec. 31, 2011
Sep. 30, 2012
Senior notes
Dec. 31, 2011
Senior notes
Sep. 30, 2012
Senior notes
Minimum
Sep. 30, 2012
Senior notes
Maximum
Sep. 30, 2012
Capital lease and other obligations
Dec. 31, 2011
Capital lease and other obligations
Sep. 30, 2012
Floating rate notes due 2013
Sep. 17, 2012
Floating rate notes due 2013
Jun. 30, 2012
7.00% Notes due 2052
Apr. 30, 2012
7.00% Notes due 2052
Sep. 30, 2012
7.00% Notes due 2052
Jun. 25, 2012
7.00% Notes due 2052
Apr. 02, 2012
7.00% Notes due 2052
Apr. 30, 2012
8.375% Notes due 2016
Apr. 18, 2012
8.375% Notes due 2016
Apr. 30, 2012
7.625% Notes due 2015
Apr. 18, 2012
7.625% Notes due 2015
Jul. 31, 2012
7.5% Notes due 2023
Jul. 20, 2012
7.5% Notes due 2023
Sep. 30, 2012
Revolving promissory note
CenturyLink, Inc.
Long-term debt                                                
Interest rate (as a percent)             3.639% [1] 8.375% [1]               7.00% 7.00%   8.375%   7.625%   7.50%  
Unamortized premiums, net $ (141)   $ (141) $ 320                                        
Total long-term debt 7,652   7,652 8,325 7,386 [1] 7,829 [1]     125 176                            
Less current maturities (805)   (805) (64)                                        
LONG-TERM DEBT 6,847   6,847 8,261                                        
Maximum borrowing capacity                     750               811   400     1,000
Period to reset interest rates                     3 months                          
Interest rate as of remeasurement date (as a percent)                       3.639%                        
Principal amount of notes issued                         400 525                    
Amount outstanding                                               685
Net proceeds from issuance of debt                         387 508                    
Redemption price as percentage of principal amount of notes plus accrued interest                             100.00%                  
Amount of notes redeemed                                           484    
Principal amount of notes for which tender offers are received and accepted                                   575   308        
Percentage of principal amount of notes for which tender offer was received and accepted                                   71.00%   77.00%        
Amount for which cash tender offer is received and accepted                                   722   369        
Loss on early retirement of debt $ 1 $ 1 $ 47                                 $ 46        
Weighted average interest rate (as a percent)                                               6.0917%
[1] Our $750 million Notes due 2013 are floating rate notes, with rates that reset every three months. As of the most recent measurement date of September 15, 2012, the rate for these notes was XX%, which is not included in the range of rates stated above.