XML 40 R28.htm IDEA: XBRL DOCUMENT v3.19.2
Long-Term Debt (Tables)
 6 Months Ended
Jun. 30, 2019
Debt Disclosure [Abstract]  
Schedule of Long-Term Debt
A summary of long-term debt at June 30, 2019 and December 31, 2018, including related interest rates at June 30, 2019, follows (dollars in millions):
                 
 
June 30,
2019
   
December 31,
2018
 
Senior secured asset-based revolving credit facility
 
$
—
    $
3,040
 
Senior secured revolving credit facility
   
—
     
—
 
Senior secured term loan facilities (effective interest rate of 3.6%)
   
3,752
     
3,801
 
Senior secured notes (effective interest rate of 5.4%)
   
18,800
     
13,800
 
Other senior secured debt (effective interest rate of 5.5%)
   
641
     
585
 
                 
Senior secured debt
   
23,193
     
21,226
 
Senior unsecured notes (effective interest rate of 6.3%)
   
13,252
     
11,752
 
Debt issuance costs and discounts
    
(252
)
   
(157
 )
                 
Total debt (average life of 8.2 years, rates averaging 5.5%)
   
36,193
     
32,821
 
Less amounts due within one year
   
2,073
     
788
 
                 
 
$
 
34,120
    $
32,033