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Long-Term Debt and Credit Facilities (Tables)
 9 Months Ended
Sep. 30, 2020
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Including Unamortized Discounts and Premiums
The following chart reflects the consolidated long-term debt of Lumen Technologies and its subsidiaries, including unamortized discounts and premiums and unamortized debt issuance costs, but excluding intercompany debt:
Interest Rates(1)
Maturities(1)
September 30, 2020December 31, 2019
   (Dollars in millions)
Senior Secured Debt: (2)
CenturyLink, Inc.
Revolving Credit Facility (3)
LIBOR + 2.00%
2025$1,075 250 
Term Loan A (3)(4)
LIBOR + 2.00%
20251,123 1,536 
Term Loan A-1 (3)(4)
LIBOR + 2.00%
2025321 333 
Term Loan B (3)(5)
LIBOR + 2.25%
20274,963 5,880 
Senior notes4.000%20271,250 — 
Subsidiaries:
Level 3 Financing, Inc.
Tranche B 2027 Term Loan (6)
LIBOR + 1.75%
20273,111 3,111 
Senior notes
3.400% - 3.875%
2027 - 2029
1,500 1,500 
Embarq Corporation subsidiaries
First mortgage bonds
7.125% - 8.375%
2023 - 2025
138 138 
Senior Notes and Other Debt:    
CenturyLink, Inc.
Senior notes
5.125% - 7.650%
2021 - 2042
7,645 8,696 
Subsidiaries:
Level 3 Financing, Inc.
Senior notes
3.625% - 5.375%
2024 - 2029
5,515 5,515 
Qwest Corporation
Senior notes
6.125% - 7.750%
2021 - 2057
4,105 5,956 
Term Loan (7)
LIBOR + 2.00%
2025100 100 
Qwest Capital Funding, Inc.
Senior notes
6.875% - 7.750%
2021 - 2031
352 352 
Embarq Corporation and subsidiary
Senior note7.995%20361,437 1,450 
Finance lease and other obligationsVariousVarious292 222 
Unamortized discounts, net  (77)(52)
Unamortized debt issuance costs(258)(293)
Total long-term debt  32,592 34,694 
Less current maturities   (1,487)(2,300)
Long-term debt, excluding current maturities  $31,105 32,394 
______________________________________________________________________ 
(1)As of September 30, 2020.
(2)See Note 7—Long-Term Debt and Credit Facilities in our Annual Report on Form 10-K for the year ended December 31, 2019 for a description of certain parent or subsidiary guarantees and liens securing this debt.
(3)CenturyLink, Inc.'s credit agreement was amended as noted below, extending the maturity date of its (a) Term Loan A, Term Loan A-1 and Revolving Credit Facilities from 2022 to 2025 and (b) Term Loan B from 2025 to 2027.
(4)Term Loans A and A-1 had interest rates of 2.147% and 4.549% as of September 30, 2020 and December 31, 2019, respectively.
(5)Term Loan B had interest rates of 2.397% and 4.549% as of September 30, 2020 and December 31, 2019, respectively.
(6)The Tranche B 2027 Term Loan had an interest rate of 1.897% as of September 30, 2020 and 3.549% as of December 31, 2019, respectively.
(7)Qwest Corporation Term Loan had an interest rate of 2.150% as of September 30, 2020 and 3.800% as of December 31, 2019, respectively.
Schedule of Maturities of Long-term Debt
Set forth below is the aggregate principal amount of our long-term debt as of September 30, 2020 (excluding unamortized discounts, net, and unamortized debt issuance costs), maturing during the following years:
 (Dollars in millions)
2020 (remaining three months)$54 
20212,423 
20221,541 
2023965 
20242,041 
2025 and thereafter25,903 
Total long-term debt$32,927