Long-Term Debt (Tables)

6 Months Ended

Jun. 30, 2017

Long-Term Debt [Abstract]

Long-Term Debt

			Six months ended June 30, 2017
($ in millions)	January 1, 2017		Payments and Retirements		New Borrowings		June 30, 2017		Interest Rate at June 30, 2017*
Senior and Subsidiary Unsecured Debt	$	15,900	$	(1,500)	$	-	$	14,400	9.22%
Senior Secured Debt		2,151		(74)		1,500		3,577	4.86%
Secured Subsidiary Debt		100		-		-		100	8.50%
Other Secured Debt		19		(2)		-		17	4.98%
Rural Utilities Service Loan Contracts		8		-		-		8	6.15%
Total Long-Term Debt	$	18,178	$	(1,576)	$	1,500	$	18,102	8.35%
Less: Debt Issuance Costs		(209)						(199)
Less: Debt Premium/(Discount)		(46)						(57)
Less: Current Portion		(363)						(166)
	$	17,560					$	17,680

*  Interest rate includes amortization of debt issuance costs and debt premiums or discounts. The interest rates at June 30, 2017 represent a weighted average of multiple issuances.

Senior Unsecured Debt

	June 30, 2017			December 31, 2016
	Principal		Interest	Principal		Interest
($ in millions)	Outstanding		Rate	Outstanding		Rate
Senior Unsecured Debt Due:
4/15/2017	$	-	8.250%	$	210	8.250%
10/1/2018		583	8.125%		583	8.125%
3/15/2019		434	7.125%		434	7.125%
4/15/2020		642	8.500%		1,169	8.500%
9/15/2020		303	8.875%		1,066	8.875%
7/1/2021		500	9.250%		500	9.250%
9/15/2021		775	6.250%		775	6.250%
4/15/2022		500	8.750%		500	8.750%
9/15/2022		2,188	10.500%		2,188	10.500%
1/15/2023		850	7.125%		850	7.125%
4/15/2024		750	7.625%		750	7.625%
1/15/2025		775	6.875%		775	6.875%
9/15/2025		3,600	11.000%		3,600	11.000%
11/1/2025		138	7.000%		138	7.000%
8/15/2026		2	6.800%		2	6.800%
1/15/2027		346	7.875%		346	7.875%
8/15/2031		945	9.000%		945	9.000%
10/1/2034		1	7.680%		1	7.680%
7/1/2035		125	7.450%		125	7.450%
10/1/2046		193	7.050%		193	7.050%
		13,650			15,150
Senior Secured Debt Due:
10/24/2019 (1)		263	5.105% (Variable)		280	4.145% (Variable)
3/31/2021 (2)		1,523	3.980% (Variable)		1,564	3.270% (Variable)
10/12/2021 (3)		291	5.105% (Variable)		307	4.145% (Variable)
6/15/2024 (4)		1,500	4.910% (Variable)		-
		3,577			2,151
Subsidiary Debt Due:
05/15/2027		200	6.750%		200	6.750%
02/01/2028		300	6.860%		300	6.860%
2/15/2028		200	6.730%		200	6.730%
10/15/2029		50	8.400%		50	8.400%
11/15/2031		100	8.500%		100	8.500%
		850			850
Total	$	18,077	8.1% (5)	$	18,151	8.3% (5)

Debt Maturities by Year

	Principal
($ in millions)	Payments
2017 (remaining six months)	$	83
2018	$	748
2019	$	833
2020	$	1,156
2021	$	2,569
2022	$	2,703
Thereafter	$	10,010