Long-Term Debt (Tables)

9 Months Ended

Sep. 30, 2011

Long-Term Debt [Abstract]

Long-Term Debt

The activity in our long-term debt from December 31, 2010 to September 30, 2011 is summarized as follows:

				Nine months ended
				September 30, 2011								Interest
												Rate* at
	December 31,						New		September 30,			September 30,
($ in thousands)	2010			Payments			Borrowings		2011			2011
Rural Utilities Service
Loan Contracts	$	11,214		$	(763	)	$	-	$	10,451			6.15	%
Senior Unsecured Debt		8,302,151			(78,227	)		-		8,223,924			8.00	%
Industrial Development
Revenue Bonds		13,550			-			-		13,550			6.33	%
TOTAL LONG-TERM DEBT	$	8,326,915		$	(78,990	)	$	-	$	8,247,925			8.00	%
Less: Debt Discount		(63,299	)							(53,081	)
Less: Current Portion		(280,002	)							(43,763	)
	$	7,983,614							$	8,151,081

Senior Unsecured Debt

Additional information regarding our Senior Unsecured Debt is as follows:

	September 30, 2011			December 31, 2010
		Principal	Interest		Principal	Interest
($ in thousands)		Outstanding	Rate		Outstanding	Rate
Senior Notes:
Due 5/15/2011	$	-	-	$	76,089	9.250%
Due 10/24/2011 *		200,000	6.270%		200,000	6.270%
Due 12/31/2012 *		142,875	1.625% (Variable)		144,000	1.688% (Variable)
Due 1/15/2013		580,724	6.250%		580,724	6.250%
Due 12/31/2013 *		130,275	2.000% (Variable)		131,288	2.063% (Variable)
Due 5/1/2014		600,000	8.250%		600,000	8.250%
Due 3/15/2015		300,000	6.625%		300,000	6.625%
Due 4/15/2015		500,000	7.875%		500,000	7.875%
Due 4/15/2017		1,100,000	8.250%		1,100,000	8.250%
Due 10/1/2018		600,000	8.125%		600,000	8.125%
Due 3/15/2019		434,000	7.125%		434,000	7.125%
Due 4/15/2020		1,100,000	8.500%		1,100,000	8.500%
Due 4/15/2022		500,000	8.750%		500,000	8.750%
Due 1/15/2027		345,858	7.875%		345,858	7.875%
Due 2/15/2028		200,000	6.730%		200,000	6.730%
Due 10/15/2029		50,000	8.400%		50,000	8.400%
Due 8/15/2031		945,325	9.000%		945,325	9.000%
		7,729,057			7,807,284
Debentures:
Due 11/1/2025		138,000	7.000%		138,000	7.000%
Due 8/15/2026		1,739	6.800%		1,739	6.800%
Due 10/1/2034		628	7.680%		628	7.680%
Due 7/1/2035		125,000	7.450%		125,000	7.450%
Due 10/1/2046		193,500	7.050%		193,500	7.050%
		458,867			458,867
Subsidiary Senior
Notes due 12/1/2012		36,000	8.050%		36,000	8.050%
Total	$	8,223,924	8.00%	$	8,302,151	8.04%

Credit Facility

Our principal payments for the next five years reflect the Credit Agreement entered into on October 14, 2011 and the related debt repayments referred to above, and are as follows as of September 30, 2011:

	($ in thousands)
	Principal
	Payments
2011 (remaining three months)	$	253
2012	$	94,016
2013	$	638,767
2014	$	658,017
2015	$	858,049
2016	$	345,466