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Long-Term Obligations (Tables)
6 Months Ended
Jun. 30, 2016
Debt Disclosure [Abstract]  
Summary of Long-term Obligations

Long-term obligations are carried at amortized cost. Long-term obligations consisted of the following as of:

 

 

 

June 30,

 

 

December 31,

 

(Amounts in thousands)

 

2016

 

 

2015

 

Senior Secured Term Loans due 2018

 

$

34,405

 

 

$

1,813,250

 

Accounts Receivable Securitization Facility

 

 

75,000

 

 

 

 

Senior Secured Term Loans due 2019

 

 

78,814

 

 

 

336,875

 

Senior Secured A Term Loans due 2021

 

 

650,000

 

 

 

 

Senior Secured B Term Loans due 2021

 

 

260,000

 

 

 

250,000

 

4 3/4% Senior Secured Notes due 2021

 

 

400,000

 

 

 

 

5 3/8% Senior Notes due 2022

 

 

1,000,000

 

 

 

1,000,000

 

Senior Secured B Term Loans due 2023

 

 

870,000

 

 

 

 

Unamortized value of debt issuance costs (1)

 

 

(39,361

)

 

 

(57,062

)

Net carrying value

 

 

3,328,858

 

 

 

3,343,063

 

Less: current maturities

 

 

(37,918

)

 

 

(24,375

)

Long-term obligations, net of debt issuance costs

 

$

3,290,940

 

 

$

3,318,688

 

 

(1)

Includes the reclassification of debt issuance costs from “Other assets” as a result of the Company adopting ASU 2015-03. See Note 1.

Senior Secured Notes Redemption Percentage and Year

 

Year

 

Percentage

 

2018

 

 

102.375%

 

2019

 

 

101.188%

 

2020 and thereafter

 

 

100.000%