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Long-Term Debt (Tables)
3 Months Ended 12 Months Ended
Mar. 31, 2013
Dec. 31, 2012
Long-Term Debt    
Summary of carrying and fair values of debt facilities

 

 

 

 

As of

 

 

 

March 31, 2013

 

December 31, 2012

 

 

 

Carrying

 

 

 

Carrying

 

 

 

 

 

Value

 

Fair Value

 

Value

 

Fair Value

 

 

 

(In thousands)

 

7 % Senior Notes due 2013 (1)

 

$

500,000

 

$

513,350

 

$

500,000

 

$

521,875

 

6 5/8% Senior Notes due 2014

 

1,000,000

 

1,063,750

 

1,000,000

 

1,078,500

 

7 3/4% Senior Notes due 2015

 

750,000

 

815,385

 

750,000

 

844,725

 

7 1/8% Senior Notes due 2016

 

1,500,000

 

1,668,750

 

1,500,000

 

1,683,750

 

4 5/8% Senior Notes due 2017

 

900,000

 

933,750

 

900,000

 

940,500

 

7 7/8% Senior Notes due 2019

 

1,400,000

 

1,664,250

 

1,400,000

 

1,669,500

 

6 3/4% Senior Notes due 2021

 

2,000,000

 

2,220,000

 

2,000,000

 

2,280,000

 

5 7/8% Senior Notes due 2022

 

2,000,000

 

2,102,000

 

2,000,000

 

2,150,000

 

5 % Senior Notes due 2023

 

1,500,000

 

1,485,000

 

1,500,000

 

1,548,750

 

Mortgages and other notes payable

 

65,082

 

65,082

 

65,427

 

65,427

 

Subtotal

 

11,615,082

 

$

12,531,317

 

11,615,427

 

$

12,783,027

 

Capital lease obligations (2)

 

240,334

 

NA

 

248,304

 

NA

 

Total long-term debt and capital lease obligations (including current portion)

 

$

11,855,416

 

 

 

$

11,863,731

 

 

 

 

 

(1)         Our 7% Senior Notes with an aggregate principal balance of $500 million mature on October 1, 2013.

(2)         Disclosure regarding fair value of capital leases is not required.

 

 

 

 

As of December 31,

 

 

 

2012

 

2011

 

 

 

Carrying
Value

 

Fair Value

 

Carrying
Value

 

Fair Value

 

 

 

(In thousands)

 

7 % Senior Notes due 2013 (1)

 

500,000

 

521,875

 

500,000

 

535,000

 

6 5/8% Senior Notes due 2014

 

1,000,000

 

1,078,500

 

1,000,000

 

1,060,000

 

7 3/4% Senior Notes due 2015

 

750,000

 

844,725

 

750,000

 

817,500

 

7 1/8% Senior Notes due 2016

 

1,500,000

 

1,683,750

 

1,500,000

 

1,593,750

 

4 5/8% Senior Notes due 2017

 

900,000

 

940,500

 

 

 

7 7/8% Senior Notes due 2019

 

1,400,000

 

1,669,500

 

1,400,000

 

1,589,000

 

6 3/4% Senior Notes due 2021

 

2,000,000

 

2,280,000

 

2,000,000

 

2,140,000

 

5 7/8% Senior Notes due 2022

 

2,000,000

 

2,150,000

 

 

 

5 % Senior Notes due 2023

 

1,500,000

 

1,548,750

 

 

 

Mortgages and other notes payable

 

65,427

 

65,427

 

71,871

 

71,871

 

Subtotal

 

11,615,427

 

$

12,783,027

 

7,221,871

 

$

7,807,121

 

Capital lease obligations (2)

 

248,304

 

NA

 

270,893

 

NA

 

Total long-term debt and capital lease obligations (including current portion)

 

$

11,863,731

 

 

 

$

7,492,764

 

 

 

 

 

(1)         Our 7% Senior Notes with an aggregate principal balance of $500 million mature on October 1, 2013 and have been reclassified to “Current portion of long-term debt and capital lease obligations” on our Consolidated Balance Sheets as of December 31, 2012.

(2)         Disclosure regarding fair value of capital leases is not required.