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Long-Term Debt (Tables) | 9 Months Ended
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Sep. 30, 2020
Debt Disclosure [Abstract] |
Summary of Long-term Debt | Long-term debt consisted of the following:
| September 30, 2020 |  | December 31, 2019
(Dollars in millions) | Final Maturity |  | Rates |  | Face Value |  | Book Value |  | Book Value
Secured Debt |  |  |  |  |  |  |  |  |
CEI Senior Secured Notes | 2025 |  | 6.25% |  | $ | 3,400 |  |  | $ | 3,330 |  |  | $ | — |
CEI Revolving Credit Facility | 2025 |  | variable (a) |  | 900 |  |  | 880 |  |  | — |
ERI Term Loan | N/A |  | N/A |  | — |  |  | — |  |  | 491 |
CRC Term Loan B | 2024 |  | variable (b) |  | 4,571 |  |  | 4,120 |  |  | — |
CRC Term Loan B-1 | 2025 |  | variable (c) |  | 1,800 |  |  | 1,709 |  |  | — |
CRC Revolving Credit Facility | 2022 |  | variable (d) |  | — |  |  | — |  |  | — |
CRC Senior Secured Notes | 2025 |  | 5.75% |  | 1,000 |  |  | 978 |  |  | — |
Convention Center Mortgage Loan | 2025 |  | 7.70% |  | 400 |  |  | 397 |  |  | — |
Lumière Loan | N/A |  | N/A |  | — |  |  | — |  |  | 246 |
Unsecured Debt |  |  |  |  |  |  |  |  |
CEI Senior Notes | 2027 |  | 8.13% |  | 1,800 |  |  | 1,767 |  |  | — |
CRC Notes | 2025 |  | 5.25% |  | 1,700 |  |  | 1,490 |  |  | — |
5% Convertible Notes | 2024 |  | 5.00% |  | 597 |  |  | 546 |  |  | — |
6% Senior Notes | 2026 |  | N/A |  | — |  |  | — |  |  | 582 |
6% Senior Notes | 2025 |  | N/A |  | — |  |  | — |  |  | 879 |
7% Senior Notes | 2023 |  | N/A |  | — |  |  | — |  |  | 370 |
Special Improvement District Bonds | 2037 |  | 4.30% |  | 51 |  |  | 51 |  |  | — |
Long-term notes and other payables |  |  |  |  | 2 |  |  | 2 |  |  | 3 |
Total debt |  | 16,221 |  |  | 15,270 |  |  | 2,571 |
Current portion of long-term debt |  | (67) |  |  | (67) |  |  | (246) |
Long-term debt |  | $ | 16,154 |  |  | $ | 15,203 |  |  | $ | 2,325 |
Unamortized premiums, discounts and deferred finance charges (e) |  |  |  | $ | 951 |  |  | $ | 34 |
Fair value |  | $ | 16,135 |  |  |  |  |
____________________ (a)Prime rate plus 2.25%. (b)LIBOR plus 2.75%. (c)$1.2 billion at 1 month LIBOR plus 4.50% and $600 million at 3 month LIBOR plus 4.50%. (d)LIBOR plus 2.00%. (e)Approximately $7 million of deferred financing costs related to our revolving credit facilities are included within Other assets, net as of December 31, 2019.
Schedule of Maturities of Long-term Debt |
Annual Estimated Debt Service Requirements as of September 30, 2020 |  |  |  |
| Remaining |  | Years Ended December 31, |  |  |  |
(In millions) | 2020 |  | 2021 |  | 2022 |  | 2023 |  | 2024 |  | Thereafter |  | Total
Annual maturities of long-term debt | $ | 16 |  |  | $ | 67 |  |  | $ | 67 |  |  | $ | 67 |  |  | $ | 5,036 |  |  | $ | 10,968 |  |  | $ | 16,221 |
Estimated interest payments | 200 |  |  | 850 |  |  | 820 |  |  | 790 |  |  | 790 |  |  | 690 |  |  | 4,140 |
Total debt service obligation (a) | $ | 216 |  |  | $ | 917 |  |  | $ | 887 |  |  | $ | 857 |  |  | $ | 5,826 |  |  | $ | 11,658 |  |  | $ | 20,361 |
____________________ (a)Debt principal payments are estimated amounts based on maturity dates and potential borrowings under our revolving credit facilities. Interest payments are estimated based on the forward-looking LIBOR curve and include the estimated impact of the ten interest rate swap agreements related to our CRC Credit Facility (see Note 11). Actual payments may differ from these estimates.

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- Definition Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. + References No definition available. + Details
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- Definition Tabular disclosure of the combined aggregate amount of maturities and sinking fund requirements for all long-term borrowings for each of the five years following the date of the latest balance sheet date presented. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6802200&loc=d3e1835-112601 + Details
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