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Long-Term Debt | 3 Months Ended
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Mar. 31, 2019
Debt Disclosure [Abstract] |
Long-Term Debt | NOTE 8 — LONG-TERM DEBT A summary of long-term debt at March 31, 2019 and December 31, 2018, including related interest rates at March 31, 2019, follows (dollars in millions):
|  | March 31, 2019 |  |  | December 31, 2018 |
Senior secured asset-based revolving credit facility (effective interest rate of 3.7%) |  | $ | 3,500 |  |  | $ | 3,040 |
Senior secured revolving credit facility |  |  | — |  |  |  | — |
Senior secured term loan facilities (effective interest rate of 3.7%) |  |  | 3,776 |  |  |  | 3,801 |
Senior secured notes (effective interest rate of 5.6%) |  |  | 13,800 |  |  |  | 13,800 |
Other senior secured debt (effective interest rate of 5.5%) |  |  | 657 |  |  |  | 585 |
Senior secured debt |  |  | 21,733 |  |  |  | 21,226 |
Senior unsecured notes (effective interest rate of 6.3%) |  |  | 13,252 |  |  |  | 11,752 |
Net debt issuance costs |  |  | (170 | ) |  |  | (157 | )
Total debt (average life of 6.3 years, rates averaging 5.4%) |  |  | 34,815 |  |  |  | 32,821 |
Less amounts due within one year |  |  | 3,796 |  |  |  | 788 |
|  | $ | 31,019 |  |  | $ | 32,033 |
During January 2019, we issued $1.500 billion aggregate principal amount of senior unsecured notes comprised of $1.000 billion aggregate principal amount of 5.875% notes due 2029 and $500 million aggregate principal amount of 5.625% notes due 2028. We used the net proceeds to fund the purchase of a seven-hospital health system located in western North Carolina.

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- Definition The entire disclosure for long-term debt. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -URI http://asc.fasb.org/topic&trid=2208564 + Details
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