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Long-Term Debt and Credit Facilities (Tables)
 3 Months Ended
Mar. 31, 2023
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:

Interest Rates(1)
Maturities(1)
March 31, 2023December 31, 2022
   (Dollars in millions)
Senior Secured Debt: (2)
Lumen Technologies, Inc.
Revolving Credit Facility
LIBOR + 2.00%
2025$— — 
Term Loan A(3)
LIBOR + 2.00%
2025977 991 
Term Loan A-1(3)
LIBOR + 2.00%
2025279 283 
Term Loan B(4)
LIBOR + 2.25%
20273,928 3,941 
Senior notes4.000%20271,250 1,250 
Subsidiaries:
Level 3 Financing, Inc.
Tranche B 2027 Term Loan(5)
LIBOR + 1.75%
20272,411 2,411 
Senior notes
3.400% - 10.500%
2027 - 2030
2,415 1,500 
Senior Notes and Other Debt:    
Lumen Technologies, Inc.
Senior notes
4.500% - 7.650%
2023 - 2042
2,162 3,722 
Subsidiaries:
Level 3 Financing, Inc.
Senior notes
3.625% - 4.625%
2027 - 2029
3,940 3,940 
Qwest Corporation
Senior notes
6.500% - 7.750%
2025 - 2057
1,986 1,986 
Term loan(6)
LIBOR + 2.50%
2027215 215 
Qwest Capital Funding, Inc.
Senior notes
6.875% - 7.750%
2028 - 2031
192 192 
Finance lease and other obligationsVariousVarious306 317 
Unamortized discounts, net  (3)(7)
Unamortized debt issuance costs(162)(169)
Total long-term debt  19,896 20,572 
Less current maturities   (153)(154)
Long-term debt, excluding current maturities  $19,743 20,418 
______________________________________________________________________ 
(1)As of March 31, 2023.
(2)See Note 7—Long-Term Debt and Credit Facilities in our Annual Report on Form 10-K for the year ended December 31, 2022 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 6.922% and 6.384% as of March 31, 2023 and December 31, 2022, respectively.
(4)Term Loan B had interest rates of 7.172% and 6.634% as of March 31, 2023 and December 31, 2022, respectively.
(5)The Level 3 Tranche B 2027 Term Loan had interest rates of 6.672% and 6.134% as of March 31, 2023 and December 31, 2022, respectively.
(6)The Qwest Corporation Term Loan had interest rates of 7.422% and 6.640% as of March 31, 2023 and December 31, 2022, 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, 2023 (excluding unamortized discounts, 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 March 31, 2023 consolidated balance sheet, the amounts presented below do not include maturities of the finance lease obligations of that business. See Note 2—Planned Divestiture of the EMEA Business.

 (Dollars in millions)
2023 (remaining nine months)$115 
2024157 
20251,665 
2026498 
20279,386 
2028 and thereafter8,240 
Total long-term debt$20,061 
Schedule of Debt Repayments
The following table sets forth the aggregate principal amount of each series of Lumen’s senior unsecured notes exchanged and retired on March 31, 2023:

Debt(Aggregate principal amount in millions)
5.625% Senior Notes, Series X, due 2025
$48 
7.200% Senior Notes, Series D, due 2025
21 
5.125% Senior Notes due 2026
291 
6.875% Debentures, Series G, due 2028
52 
5.375% Senior Notes due 2029
275 
4.500% Senior Notes due 2029
556 
7.600% Senior Notes, Series P, due 2039
161 
7.650% Senior Notes, Series U, due 2042
131 
Total$1,535