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Long-Term Debt and Credit Facilities (Tables)
 3 Months Ended
Mar. 31, 2021
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, net and unamortized debt issuance costs, but excluding intercompany debt:
Interest Rates(1)
Maturities(1)
March 31, 2021December 31, 2020
   (Dollars in millions)
Senior Secured Debt: (2)
Lumen Technologies, Inc.
Revolving Credit Facility
LIBOR + 2.00%
2025$— 150 
Term Loan A (3)
LIBOR + 2.00%
20251,094 1,108 
Term Loan A-1 (3)
LIBOR + 2.00%
2025312 316 
Term Loan B (4)
LIBOR + 2.25%
20274,938 4,950 
Senior notes4.000%20271,250 1,250 
Subsidiaries:
Level 3 Financing, Inc.
Tranche B 2027 Term Loan (5)
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:    
Lumen Technologies, Inc.
Senior notes
4.500% - 7.650%
2021 - 2042
8,645 8,645 
Subsidiaries:
Level 3 Financing, Inc.
Senior notes
3.625% - 5.375%
2025 - 2029
5,515 5,515 
Qwest Corporation
Senior notes
6.500% - 7.750%
2021 - 2057
2,935 3,170 
Term Loan (6)
LIBOR + 2.00%
2027215 215 
Qwest Capital Funding, Inc.
Senior notes
6.875% - 7.750%
2021 - 2031
352 352 
Embarq Corporation and subsidiary
Senior note7.995%20361,437 1,437 
Finance lease and other obligationsVariousVarious327 295 
Unamortized discounts, net  (96)(78)
Unamortized debt issuance costs(233)(237)
Total long-term debt  31,440 31,837 
Less current maturities   (3,841)(2,427)
Long-term debt, excluding current maturities  $27,599 29,410 
______________________________________________________________________ 
(1)As of March 31, 2021.
(2)See Note 6—Long-Term Debt and Credit Facilities in our Annual Report on Form 10-K for the year ended December 31, 2020 for a description of certain parent or subsidiary guarantees and liens securing this debt.
(3)Term Loans A and A-1 had interest rates of 2.109% and 2.147% as of March 31, 2021 and December 31, 2020, respectively.
(4)Term Loan B had interest rates of 2.359% and 2.397% as of March 31, 2021 and December 31, 2020, respectively.
(5)The Tranche B 2027 Term Loan had interest rates of 1.859% and 1.897% as of March 31, 2021 and December 31, 2020, respectively.
(6)Qwest Corporation Term Loan had interest rates of 2.110% and 2.150% as of March 31, 2021 and December 31, 2020, respectively.
Schedule of Maturities of Long-term Debt
Set forth below is the aggregate principal amount of our long-term debt as of March 31, 2021 (excluding unamortized discounts, net, and unamortized debt issuance costs), maturing during the following years:

 (Dollars in millions)
2021 (remaining nine months)$2,410 
20221,541 
2023966 
20241,143 
20252,907 
2026 and thereafter22,802 
Total long-term debt$31,769