XML 65 R57.htm IDEA: XBRL DOCUMENT v3.19.3
Long-Term Debt and Credit Facilities - Schedule of Long Term Debt (Details) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2019
Dec. 31, 2018
Long-term Debt and Credit Facilities    
Finance lease and other obligations $ 214 $ 801
Unamortized discounts and other, net (30) (8)
Unamortized debt issuance costs (266) (283)
Total long-term debt 35,125 36,061
Less current maturities (1,744) (652)
Long-term debt, excluding current maturities 33,381 35,409
CenturyLink, Inc. | Line of credit | 2017 Revolving Credit Facility    
Long-term Debt and Credit Facilities    
Long-term debt, gross $ 700 $ 550
CenturyLink, Inc. | Line of credit | 2017 Revolving Credit Facility | Minimum    
Long-term Debt and Credit Facilities    
Stated interest rate 4.786%  
CenturyLink, Inc. | Medium-term notes    
Long-term Debt and Credit Facilities    
Long-term debt, weighted average interest rate 4.794% 5.272%
CenturyLink, Inc. | Medium-term notes | Term Loan A    
Long-term Debt and Credit Facilities    
Long-term debt, gross $ 1,558 $ 1,622
CenturyLink, Inc. | Medium-term notes | Term Loan A-1    
Long-term Debt and Credit Facilities    
Long-term debt, gross 338 351
CenturyLink, Inc. | Medium-term notes | Term Loan B    
Long-term Debt and Credit Facilities    
Long-term debt, gross 5,895 5,940
CenturyLink, Inc. | Senior notes    
Long-term Debt and Credit Facilities    
Long-term debt, gross $ 7,446 8,036
CenturyLink, Inc. | Senior notes | Minimum    
Long-term Debt and Credit Facilities    
Stated interest rate 5.625%  
CenturyLink, Inc. | Senior notes | Maximum    
Long-term Debt and Credit Facilities    
Stated interest rate 7.65%  
Level 3 Financing, Inc. | Medium-term notes    
Long-term Debt and Credit Facilities    
Long-term debt, gross $ 4,611 $ 4,611
Long-term debt, weighted average interest rate 4.294% 4.754%
Level 3 Financing, Inc. | Senior notes    
Long-term Debt and Credit Facilities    
Long-term debt, gross $ 5,915 $ 5,315
Level 3 Financing, Inc. | Senior notes | Minimum    
Long-term Debt and Credit Facilities    
Stated interest rate 4.625%  
Level 3 Financing, Inc. | Senior notes | Maximum    
Long-term Debt and Credit Facilities    
Stated interest rate 6.125%  
Embarq Corporation | First mortgage bonds    
Long-term Debt and Credit Facilities    
Long-term debt, gross $ 138 138
Embarq Corporation | First mortgage bonds | Minimum    
Long-term Debt and Credit Facilities    
Stated interest rate 7.125%  
Embarq Corporation | First mortgage bonds | Maximum    
Long-term Debt and Credit Facilities    
Stated interest rate 8.375%  
Embarq Corporation | Senior notes    
Long-term Debt and Credit Facilities    
Stated interest rate 7.995%  
Long-term debt, gross $ 1,450 1,485
Embarq Corporation | Other    
Long-term Debt and Credit Facilities    
Stated interest rate 9.00%  
Long-term debt, gross $ 148 150
Level 3 Parent, LLC | Senior notes    
Long-term Debt and Credit Facilities    
Stated interest rate 5.75%  
Long-term debt, gross $ 600 600
Qwest Corporation | Medium-term notes    
Long-term Debt and Credit Facilities    
Stated interest rate 4.05%  
Long-term debt, gross $ 100 100
Qwest Corporation | Senior notes    
Long-term Debt and Credit Facilities    
Long-term debt, gross $ 5,956 5,956
Qwest Corporation | Senior notes | Minimum    
Long-term Debt and Credit Facilities    
Stated interest rate 6.125%  
Qwest Corporation | Senior notes | Maximum    
Long-term Debt and Credit Facilities    
Stated interest rate 7.75%  
Qwest Capital Funding, Inc. | Senior notes    
Long-term Debt and Credit Facilities    
Long-term debt, gross $ 352 $ 697
Qwest Capital Funding, Inc. | Senior notes | Minimum    
Long-term Debt and Credit Facilities    
Stated interest rate 6.875%  
Qwest Capital Funding, Inc. | Senior notes | Maximum    
Long-term Debt and Credit Facilities    
Stated interest rate 7.75%  
London Interbank Offered Rate (LIBOR) | CenturyLink, Inc. | Medium-term notes | Term Loan A    
Long-term Debt and Credit Facilities    
Basis spread 2.75%  
London Interbank Offered Rate (LIBOR) | CenturyLink, Inc. | Medium-term notes | Term Loan A-1    
Long-term Debt and Credit Facilities    
Basis spread 2.75%  
London Interbank Offered Rate (LIBOR) | CenturyLink, Inc. | Medium-term notes | Term Loan B    
Long-term Debt and Credit Facilities    
Basis spread 2.75%  
London Interbank Offered Rate (LIBOR) | Level 3 Financing, Inc. | Medium-term notes    
Long-term Debt and Credit Facilities    
Basis spread 2.25%