Quarterly report pursuant to Section 13 or 15(d)

Debt (Tables)

v3.21.2
Debt (Tables)
9 Months Ended
Sep. 30, 2021
Long-Term Debt  
Schedule of debt summarized

Outstanding

 

principal at

Carrying value

 

    

September 30, 2021

    

September 30, 2021

    

December 31, 2020

 

amounts in millions

 

Corporate level debentures

8.5% Senior Debentures due 2029

$

287

 

286

 

285

8.25% Senior Debentures due 2030

 

505

 

502

 

502

4% Exchangeable Senior Debentures due 2029

429

363

362

3.75% Exchangeable Senior Debentures due 2030

431

357

346

1.75% Exchangeable Senior Debentures due 2046

332

714

649

Subsidiary level notes and facilities

QVC 4.375% Senior Secured Notes due 2023

 

750

 

750

 

750

QVC 4.85% Senior Secured Notes due 2024

 

600

 

600

 

600

QVC 4.45% Senior Secured Notes due 2025

600

599

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

3.5% Exchangeable Senior Debentures due 2031

 

210

 

549

 

393

QVC Senior Secured Credit Facility

120

120

Deferred loan costs

(45)

(49)

Total consolidated Qurate Retail debt

$

6,764

 

7,294

 

6,936

Less current classification

 

(1,983)

 

(1,750)

Total long-term debt

$

5,311

 

5,186

Schedule of fair value of debt securities that are not reported at fair value condensed consolidated balance sheet The fair value of Qurate Retail's publicly traded debt securities that are not reported at fair value in the accompanying condensed consolidated balance sheet at September 30, 2021 are as follows (amounts in millions):

Senior debentures

$

889

QVC senior secured notes

    

$

4,699