Long-Term Debt (Tables)

9 Months Ended

Sep. 30, 2014

Long-term debt

Schedule of long-term debt

As of September 30, 2014 and December 31, 2013, long-term debt was as follows:

(dollars in millions)	September 30, 2014			December 31, 2013
Senior Secured Term Loan*	$	2,611		$	2,611
Floating Rate Senior Notes due 2018 (3.823% as of September 30, 2014 and 3.846% as of December 31, 2013)	300			300
11.875% Senior Notes due 2019	605			605
9.375% Senior Notes due 2019	500			500
8.125% Senior Notes due 2019	1,200			1,200
8.875% Senior Notes due 2019	300			300
8.625% Senior Notes due 2020	900			900
7% Senior Notes due 2020	775			775
6.125% Senior Notes due 2021	640			640
5.375% Senior Notes due 2022	1,000			—
7% Convertible Senior Notes due 2015	200			200
7% Convertible Senior Notes due 2015 Series B	275			275
Capital Leases	66			73
Other	12			13
Total Debt Obligations	9,384			8,392
Unamortized Discount:
Discount on Senior Secured Term Loan	(6		)	(7		)
Discount on 11.875% Senior Notes due 2019	(7		)	(8		)
Discount on 9.375% Senior Notes due 2019	(7		)	(7		)
Discount on 8.125% Senior Notes due 2019	(6		)	(7		)
Discount on 7% Convertible Senior Notes due 2015	—			(1		)
Total Unamortized Discount	(26		)	(30		)
Carrying Value of Debt	9,358			8,362
Less current portion	(502		)	(31		)
Long-term Debt, less current portion	$	8,856		$	8,331

* The $815 million Tranche B-III 2019 Term Loan due 2019 and the $1.796 billion Tranche B 2020 Term Loan due 2020 each had an interest rate of 4.00% as of September 30, 2014 and December 31, 2013.

Schedule of aggregate future contractual maturities of long-term debt and capital leases (excluding discounts)

Long-Term Debt Maturities

Aggregate future contractual maturities of long-term debt and capital leases (excluding discounts) were as follows as of September 30, 2014 (dollars in millions):

2014 (remaining three months)	$	22
2015	483
2016	7
2017	6
2018	306
2019	3,426
Thereafter	5,134
	$	9,384