º¬Ð߲ݴ«Ã½

Annual report pursuant to Section 13 and 15(d)

Long-Term Debt (Tables)

v3.19.3.a.u2
Long-Term Debt (Tables)
12 Months Ended
Dec. 31, 2019
Long-Term Debt Ìý
Schedule of debt summarized

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Outstanding

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​

​

ÌýÌýÌýÌý

principal

ÌýÌýÌýÌý

Carrying value

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​

​

DecemberÌý31,

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DecemberÌý31,

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DecemberÌý31,

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​

​

2019

​

2019

​

2018

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​

​

amountsÌýinÌýmillions

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Corporate level debentures

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​

​

​

​

​

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8.5% Senior Debentures due 2029

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$

287

Ìý

285

Ìý

286

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8.25% Senior Debentures due 2030

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Ìý

504

Ìý

502

Ìý

502

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4% Exchangeable Senior Debentures due 2029

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​

431

Ìý

327

Ìý

304

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3.75% Exchangeable Senior Debentures due 2030

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Ìý

433

Ìý

318

Ìý

307

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3.5% Exchangeable Senior Debentures due 2031

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Ìý

251

Ìý

422

Ìý

377

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0.75% Exchangeable Senior Debentures due 2043

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Ìý

—

Ìý

2

Ìý

2

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1.75% Exchangeable Senior Debentures due 2046

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​

332

​

488

​

344

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Subsidiary level notes and facilities

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QVC 3.125% Senior Secured Notes due 2019

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​

—

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—

​

399

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QVC 5.125% Senior Secured Notes due 2022

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Ìý

500

Ìý

500

Ìý

500

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QVC 4.375% Senior Secured Notes due 2023

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Ìý

750

Ìý

750

Ìý

750

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QVC 4.85% Senior Secured Notes due 2024

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​

600

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600

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600

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QVC 4.45% Senior Secured Notes due 2025

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​

600

​

599

​

599

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QVC 5.45% Senior Secured Notes due 2034

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​

400

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399

​

399

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QVC 5.95% Senior Secured Notes due 2043

​

Ìý

300

Ìý

300

Ìý

300

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QVC 6.375% Senior Secured Notes due 2067

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​

225

​

225

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225

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QVC 6.25% Senior Secured Notes due 2068

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​

500

​

500

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—

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QVC Bank Credit Facilities

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Ìý

1,235

Ìý

1,235

Ìý

1,320

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Other subsidiary debt

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—

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—

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188

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Deferred loan costs

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—

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(40)

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(29)

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Total consolidated º¬Ð߲ݴ«Ã½ debt

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$

7,348

Ìý

7,412

Ìý

7,373

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Less debt classified as current

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​

​

Ìý

(1,557)

Ìý

(1,410)

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Total long-term debt

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​

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$

5,855

Ìý

5,963

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Schedule of Five Year Maturities

The annual principal maturities of º¬Ð߲ݴ«Ã½'s debt, based on stated maturity dates, for each of the next five years is as follows (amounts in millions):

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2020

ÌýÌýÌýÌý

$

11

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2021

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$

11

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2022

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$

512

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2023

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$

1,997

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2024

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$

613

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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 º¬Ð߲ݴ«Ã½'s publicly traded debt securities that are not reported at fair value in the accompanying consolidated balance sheets is as follows (amounts inÌýmillions):

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DecemberÌý31,

Ìý

​

ÌýÌýÌýÌý

2019

ÌýÌýÌýÌý

2018

Ìý

Senior debentures

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$

804

Ìý

786

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QVC senior secured notes

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$

4,011

Ìý

3,573

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