Annual report pursuant to Section 13 and 15(d)

Debt (Tables)

v3.24.0.1
Debt (Tables)
12 Months Ended
Dec. 31, 2023
Debt  
Schedule of debt summarized

Outstanding

    

principal

    

Carrying value

December 31,

December 31,

December 31,

2023

2023

2022

amounts in millions

Corporate level debentures

8.5% Senior Debentures due 2029

$

287

 

286

 

286

8.25% Senior Debentures due 2030

 

505

 

503

 

503

4% Exchangeable Senior Debentures due 2029

352

 

101

 

134

3.75% Exchangeable Senior Debentures due 2030

 

429

 

118

 

157

1.75% Exchangeable Senior Debentures due 2046

323

Subsidiary level notes and facilities

QVC 4.375% Senior Secured Notes due 2023

 

 

 

214

QVC 4.85% Senior Secured Notes due 2024

423

423

600

QVC 4.45% Senior Secured Notes due 2025

586

585

599

QVC 4.75% Senior Secured Notes due 2027

575

575

575

QVC 4.375% Senior Secured Notes due 2028

500

500

500

QVC 5.45% Senior Secured Notes due 2034

400

399

399

QVC 5.95% Senior Secured Notes due 2043

 

300

 

300

 

300

QVC 6.375% Senior Secured Notes due 2067

225

225

225

QVC 6.25% Senior Secured Notes due 2068

500

500

500

QVC Bank Credit Facilities

 

857

 

857

 

1,075

Deferred loan costs

(32)

(37)

Total consolidated Qurate Retail debt

$

5,939

 

5,340

 

6,353

Less debt classified as current

 

(642)

 

(828)

Total long-term debt

$

4,698

 

5,525

Schedule of Five Year Maturities

The annual principal maturities of Qurate Retail's debt, based on stated maturity dates, for each of the next five years is as follows (amounts in millions):

2024

    

$

426

2025

$

588

2026

$

860

2027

$

578

2028

$

503

Schedule of fair value of debt securities that are not reported at fair value condensed consolidated balance sheet The fair value, based on quoted prices of instruments not considered to be active markets, of Qurate Retail's publicly traded debt securities that are not reported at fair value in the accompanying consolidated balance sheets is as follows (amounts in millions):

December 31,

 

    

2023

    

2022

 

Senior debentures

$

350

 

377

QVC senior secured notes

$

2,512

 

2,676