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Long-Term Debt and Credit Facilities (Tables)
6 Months Ended
Jun. 30, 2015
Debt Disclosure [Abstract]  
Schedule of long-term debt including unamortized discounts and premiums
Long-term debt, including unamortized discounts and premiums, consisted of borrowings by CenturyLink, Inc. and certain of its subsidiaries, including Qwest Corporation ("QC"), Qwest Capital Funding, Inc. and Embarq Corporation and subsidiaries ("Embarq") and is summarized as follows:
 
Interest Rates
 
Maturities
 
As of June 30,   2015
 
As of December 31, 2014
 
 
 
 
 
(Dollars in millions)
CenturyLink, Inc.
 
 
 
 
 
 
 
Senior notes
5.150% - 7.650%
 
2017 - 2042
 
$
7,975

 
7,825

Credit facility and revolving line of credit(1)
1.937% - 4.000%
 
2019
 
320

 
725

Term loan
1.940%
 
2019
 
369

 
380

Subsidiaries
 
 
 
 
 
 
 
Qwest Corporation
 
 
 
 
 
 
 
Senior notes
6.125% - 8.375%
 
2016 - 2054
 
7,219

 
7,311

Term loan
1.940%
 
2025
 
100

 

Qwest Capital Funding, Inc.
 
 
 
 
 
 
 
Senior notes
6.500% - 7.750%
 
2018 - 2031
 
981

 
981

Embarq Corporation and subsidiaries
 
 
 
 
 
 
 
Senior notes
7.082% - 7.995%
 
2016 - 2036
 
2,669

 
2,669

First mortgage bonds
7.125% - 8.770%
 
2017 - 2025
 
232

 
232

Other
9.000%
 
2019
 
150

 
150

Capital lease and other obligations
Various
 
Various
 
457

 
509

Unamortized discounts, net
 
 
 
 
(119
)
 
(111
)
Total long-term debt
 
 
 
 
20,353

 
20,671

Less current maturities
 
 
 
 
(1,519
)
 
(550
)
Long-term debt, excluding current maturities
 
 
 
 
$
18,834

 
20,121

______________________________________________________________________ 
(1) 
The total outstanding amount of our credit facility ("Credit Facility") and revolving line of credit borrowings at June 30, 2015 and December 31, 2014, were $320 million and $725 million, respectively, with weighted average interest rates of 2.000% and 2.270%, respectively. These amounts change on a regular basis.