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Long-Term Debt and Credit Facilities (Tables)
12 Months Ended
Dec. 31, 2022
Debt Disclosure [Abstract]  
Schedule of long-term debt including unamortized discounts and premiums
The following table reflects the consolidated long-term debt of Lumen Technologies, Inc. and its subsidiaries as of the dates indicated below, including unamortized discounts and premiums and unamortized debt issuance costs:
   As of December 31,
 
Interest Rates(1)
Maturities(1)
20222021
   (Dollars in millions)
Senior Secured Debt: (2)
Lumen Technologies, Inc.    
Revolving Credit Facility(3)
LIBOR + 2.00%
2025$— 200 
Term Loan A(4)
LIBOR + 2.00%
2025991 1,050 
Term Loan A-1(4)
LIBOR + 2.00%
2025283 300 
Term Loan B(5)
LIBOR + 2.25%
20273,941 4,900 
Senior notes
4.000%
20271,250 1,250 
Subsidiaries:
Level 3 Financing, Inc.
Tranche B 2027 Term Loan(6)
LIBOR + 1.75%
20272,411 3,111 
Senior notes
3.400% - 3.875%
2027 - 2029
1,500 1,500 
Embarq Corporation subsidiaries
First mortgage bondsN/AN/A— 138 
Senior Notes and Other Debt:(7)
Lumen Technologies, Inc.
Senior notes
4.500% - 7.650%
2023 - 2042
3,722 8,414 
Subsidiaries:   
Level 3 Financing, Inc.
Senior notes
3.625% - 4.625%
2027 - 2029
3,940 5,515 
Qwest Corporation
Senior notes
6.500% - 7.750%
2025 - 2057
1,986 1,986 
Term loan(8)
LIBOR + 2.25%
2027215 215 
Qwest Capital Funding, Inc.
Senior notes
6.875% - 7.750%
2028 - 2031
192 255 
Finance lease and other obligations(9)
VariousVarious317 347 
Unamortized (discounts) premiums, net  (7)21 
Unamortized debt issuance costs(169)(220)
Total long-term debt  20,572 28,982 
Less current maturities  (154)(1,554)
Long-term debt, excluding current maturities  $20,418 27,428 
_______________________________________________________________________________
(1)As of December 31, 2022.
(2)See the remainder of this Note for a description of certain parent or subsidiary guarantees and liens securing this debt.
(3)The Revolving Credit Facility had an interest rate of 2.103% as of December 31, 2021.
(4)Term Loans A and A-1 had interest rates of 6.384% and 2.104% as of December 31, 2022 and December 31, 2021, respectively.
(5)Term Loan B had interest rates of 6.634% and 2.354% as of December 31, 2022 and December 31, 2021, respectively.
(6)The Level 3 Tranche B 2027 Term Loan had interest rates of 6.134% and 1.854% as of December 31, 2022 and December 31, 2021, respectively.
(7)The table excludes $1.4 billion of indebtedness under Embarq Corporation's 7.995% senior notes maturing in 2036 that was classified as held for sale as of December 31, 2021 and was transferred as of October 3, 2022 concurrent with the sale of the ILEC business. See Note 2—Divestitures of the Latin American and ILEC Businesses and Planned Divestiture of the EMEA Business.
(8)The Qwest Corporation Term Loan had interest rates of 6.640% and 2.110% as of December 31, 2022 and December 31, 2021, respectively.
(9)The table excludes finance lease obligations that were classified as held for sale as of December 31, 2022 and December 31, 2021. See Note 2—Divestitures of the Latin American and ILEC Businesses and Planned Divestiture of the EMEA Business.
Schedule of maturities of long-term debt
Set forth below is the aggregate principal amount of our long-term debt as of December 31, 2022 (excluding unamortized (discounts) premiums, net, and unamortized debt issuance costs) maturing during the following years. As a result of classifying our EMEA business as held for sale on our December 31, 2022 consolidated balance sheet, the amounts presented below do not include maturities of the finance lease obligations of that business. See Note 2—Divestitures of the Latin American and ILEC Businesses and Planned Divestiture of the EMEA Business.

 (Dollars in millions)
2023$154 
2024158 
20251,743 
2026806 
20279,387 
2028 and thereafter8,500 
Total long-term debt$20,748 
Schedule of debt repayments During 2022, Lumen borrowed $2.4 billion from, and made repayments of $2.6 billion to, its Revolving Credit Facility. We used our net revolving credit draws and available cash to repay the following aggregate principal amounts of indebtedness through a combination of tender offers, redemptions, prepayments, amortization payments and payments at maturity. These transactions resulted in a net gain on the extinguishment of debt of $214 million.
DebtPeriod of Repayment(Dollars in millions)
Lumen Technologies, Inc.
5.800% Senior Notes due 2022 (at maturity)
Q1 2022$1,400 
6.750% Senior Notes, Series W, due 2023
Q4 2022750 
7.500% Senior Notes, Series Y, due 2024
Q4 2022982 
7.500% Senior Notes, Series Y, due 2024
Q3 202218 
5.625% Senior Notes, Series X, due 2025
Q4 2022286 
7.200% Senior Notes, Series D, due 2025
Q4 202234 
5.125% Senior Notes due 2026
Q4 2022520 
5.125% Senior Notes due 2026
Q3 202211 
6.875% Debentures, Series G, due 2028
Q4 2022130 
5.375% Senior Notes due 2029
Q4 2022494 
Term Loan B prepaymentQ4 2022909 
Scheduled term loan paymentsMultiple125 
Level 3 Financing, Inc.
Tranche B 2027 Term LoanQ3 2022700 
5.375% Senior Notes due 2025
Q3 2022800 
5.250% Senior Notes due 2026
Q3 2022775 
Embarq Corporation Subsidiaries
First Mortgage BondsQ4 2022137 
Qwest Capital Funding, Inc.
Senior NotesQ4 202263 
OtherQ4 202268 
Total Debt Repayments$8,202 
DebtPeriod of Repayment(Dollars in millions)
Lumen Technologies, Inc.
6.450% Senior Notes, Series S, due 2021 (at maturity)
Q2 2021$1,231 
Scheduled term loan paymentsMultiple125 
Level 3 Financing, Inc.
5.375% Senior Notes due 2024
Q1 2021900 
Qwest Corporation, Inc.
6.750% Senior Notes (at maturity)
Q4 2021950 
7.000% Senior Notes due 2056
Q1 2021235 
Qwest Capital Funding, Inc.
Senior Notes (at maturity)Q3 202197 
Total Debt Repayments$3,538 
Schedule of amount of gross interest expense, net of capitalized interest
Interest expense includes interest on total long-term debt. The following table presents the amount of gross interest expense, net of capitalized interest:

 Years Ended December 31,
 202220212020
 (Dollars in millions)
Interest expense:   
Gross interest expense$1,398 1,575 1,743 
Capitalized interest(66)(53)(75)
Total interest expense$1,332 1,522 1,668