Long-Term Debt and Note Payable - Affiliate (Tables)

3 Months Ended

Mar. 31, 2020

Debt Disclosure [Abstract]

Schedule of long-term debt

The following chart reflects (i) the consolidated long-term debt of Qwest Corporation and its subsidiaries, including finance lease and other obligations, unamortized premiums, net, unamortized debt issuance costs and (ii) note payable - affiliate:

	Interest Rates	Maturities	March 31, 2020			December 31, 2019
			(Dollars in millions)
Senior notes	6.125% - 7.750%	2021 - 2057	$	4,856		5,956
Term loan (1)	LIBOR + 2.00%	2025	100			100
Finance lease and other obligations	Various	Various	8			10
Unamortized premiums, net			4			—
Unamortized debt issuance costs			(114		)	(115	)
Total long-term debt			4,854			5,951
Less current maturities			(3		)	(1,105	)
Long-term debt, excluding current maturities			$	4,851		4,846
Note payable - affiliate	5.561%	2022	$	1,100		1,069

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⁽¹⁾ Qwest Corporation's Term Loan had an interest rate of 2.990% as of March 31, 2020 and 3.800% as of December 31, 2019

Schedule of maturities of long-term debt

Set forth below is the aggregate principal amount of our long-term debt (excluding unamortized premiums and discounts and unamortized debt issuance costs and excluding note payable-affiliate) maturing during the following years:

	(Dollars in millions)
2020 (remaining nine months)	$	3
2021	951
2022	1
2023	—
2024	1
2025 and thereafter	4,008
Total long-term debt	$	4,964