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Long-Term Debt and Credit Facilities (Tables) | 9 Months Ended
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Sep. 30, 2019
Debt Disclosure [Abstract] |
Schedule of long-term debt including unamortized discounts and premiums | The following chart reflects the consolidated long-term debt of CenturyLink, Inc. and its subsidiaries, including unamortized discounts and premiums and unamortized debt issuance costs, but excluding intercompany debt:
| Interest Rates(1) |  | Maturities |  | September 30, 2019 |  | December 31, 2018
|  |  |  |  | (Dollars in millions)
Senior Secured Debt: (2) |  |  |  |  |  |  |
CenturyLink, Inc. |  |  |  |  |  |  |
2017 Revolving Credit Facility | 4.786% |  | 2022 |  | $ | 700 |  |  | 550 |
Term Loan A (3) | LIBOR + 2.75% |  | 2022 |  | 1,558 |  |  | 1,622 |
Term Loan A-1 (3) | LIBOR + 2.75% |  | 2022 |  | 338 |  |  | 351 |
Term Loan B (3) | LIBOR + 2.75% |  | 2025 |  | 5,895 |  |  | 5,940 |
Subsidiaries: |  |  |  |  |  |  |
Level 3 Financing, Inc. |  |  |  |  |  |  |
Tranche B 2024 Term Loan (4) | LIBOR + 2.25% |  | 2024 |  | 4,611 |  |  | 4,611 |
Embarq Corporation subsidiaries |  |  |  |  |  |  |
First mortgage bonds | 7.125% - 8.375% |  | 2023 - 2025 |  | 138 |  |  | 138 |
Senior Notes and Other Debt: |  |  |  |  |  |  |
CenturyLink, Inc. |  |  |  |  |  |  |
Senior notes | 5.625% - 7.650% |  | 2019 - 2042 |  | 7,446 |  |  | 8,036 |
Subsidiaries: |  |  |  |  |  |  |
Level 3 Financing, Inc. |  |  |  |  |  |  |
Senior notes | 4.625% - 6.125% |  | 2021 - 2027 |  | 5,915 |  |  | 5,315 |
Level 3 Parent, LLC |  |  |  |  |  |  |
Senior notes | 5.750% |  | 2022 |  | 600 |  |  | 600 |
Qwest Corporation |  |  |  |  |  |  |
Senior notes | 6.125% - 7.750% |  | 2021 - 2057 |  | 5,956 |  |  | 5,956 |
Term loan | 4.050% |  | 2025 |  | 100 |  |  | 100 |
Qwest Capital Funding, Inc. |  |  |  |  |  |  |
Senior notes | 6.875% - 7.750% |  | 2021 - 2031 |  | 352 |  |  | 697 |
Embarq Corporation and subsidiary |  |  |  |  |  |  |
Senior note | 7.995% |  | 2036 |  | 1,450 |  |  | 1,485 |
Other | 9.000% |  | 2019 |  | 148 |  |  | 150 |
Finance lease and other obligations | Various |  | Various |  | 214 |  |  | 801 |
Unamortized discounts and other, net |  |  |  |  | (30 | ) |  | (8 | )
Unamortized debt issuance costs |  |  |  |  | (266 | ) |  | (283 | )
Total long-term debt |  |  |  |  | 35,125 |  |  | 36,061 |
Less current maturities |  |  |  |  | (1,744 | ) |  | (652 | )
Long-term debt, excluding current maturities |  |  |  |  | $ | 33,381 |  |  | 35,409 |
______________________________________________________________________
(1) | As of September 30, 2019.
(2) | For information on certain parent or subsidiary guarantees and liens securing this debt, see "Other" below.
(3) | Term Loans A, A-1 and B had interest rates of 4.794% and 5.272% as of September 30, 2019 and December 31, 2018, respectively.
(4) | The Tranche B 2024 Term Loan had an interest rate of 4.294% as of September 30, 2019 and 4.754% as of December 31, 2018, respectively.
Schedule of maturities of long-term debt | Set forth below is the aggregate principal amount of our long-term debt (excluding unamortized discounts, net and unamortized debt issuance costs) maturing during the following years as of September 30, 2019:
| (Dollars in millions)
2019 (remaining three months) | $ | 640 |
2020 | 1,190 |
2021 | 2,478 |
2022 | 5,250 |
2023 | 2,095 |
2024 and thereafter | 23,768 |
Total long-term debt | $ | 35,421 |

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