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Long-Term Debt and Revolving Promissory Note (Tables)
12 Months Ended
Dec. 31, 2014
Debt Disclosure [Abstract]  
Schedule of long-term debt, including unamortized discounts and premiums
Long-term debt, including unamortized discounts and premiums and note payable-affiliate, were as follows:
 
 
 
 
 
As of December 31,
 
Interest Rates
 
Maturities
 
2014
 
2013
 
 
 
 
 
(Dollars in millions)
Senior notes
6.125% - 8.375%
 
2015 - 2054
 
$
7,311

 
7,411

Capital lease and other obligations
Various
 
Various
 
32

 
72

Unamortized premiums, net
 
 
 
 
36

 
75

Total long-term debt
 
 
 
 
7,379

 
7,558

Less current maturities
 
 
 
 
(117
)
 
(637
)
Long-term debt, excluding current maturities
 
 
 
 
$
7,262

 
6,921

Note payable-affiliate
6.657%
 
2022
 
$
796

 
754

Schedule of aggregate maturities of the entity's long-term debt (excluding unamortized premiums, discounts, and other)
Aggregate maturities of our long-term debt (excluding unamortized premiums, discounts and other and excluding note payable-affiliate):
 
(Dollars in millions)(1)
2015
$
117

2016
237

2017
500

2018

2019

2020 and thereafter
6,489

Total long-term debt
$
7,343

_______________________________________________________________________________
(1) Actual principal paid in all years may differ due to the possible future refinancing of outstanding debt or the issuance of new debt.
Schedule of amount of gross interest expense, net of capitalized interest and interest expense (income)-affiliates
Interest expense includes interest on long-term debt. The following table presents the amount of gross interest expense, net of capitalized interest and interest expense-affiliates, net:
 
Years Ended December 31,
 
2014
 
2013
 
2012
 
(Dollars in millions)
Interest expense:
 
 
 
 
 
Gross interest expense
$
481

 
467

 
461

Capitalized interest
(17
)
 
(17
)
 
(18
)
Total interest expense
$
464

 
450

 
443

Interest expense-affiliates, net
$
40

 
64

 
24