Quarterly report pursuant to Section 13 or 15(d)

Long-Term Debt (Tables)

v3.22.1
Long-Term Debt (Tables)
3 Months Ended
Mar. 31, 2022
Long-Term Debt  
Schedule of debt summarized

Outstanding

 

principal at

Carrying value

 

    

March 31, 2022

    

March 31, 2022

    

December 31, 2021

 

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

396

294

328

3.75% Exchangeable Senior Debentures due 2030

431

312

347

1.75% Exchangeable Senior Debentures due 2046

332

545

640

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

QVC Senior Secured Credit Facility

747

747

481

Deferred loan costs

(43)

(44)

Total consolidated Qurate Retail debt

$

7,148

 

7,092

 

6,989

Less current classification

 

(1,901)

 

(1,315)

Total long-term debt

$

5,191

 

5,674

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 March 31, 2022 are as follows (amounts in millions):

Senior debentures

$

731

QVC senior secured notes

    

$

4,225