jvidÊÓƵ

Annual report pursuant to Section 13 and 15(d)

Debt (Tables)

v3.10.0.1
Debt (Tables)
12 Months Ended
Dec. 31, 2018
Long-term Debt, Unclassified [Abstract] Ìý
Debt Excluding Intergroup Debt

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Outstanding

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

ÌýÌýÌýÌý

principal

ÌýÌýÌýÌý

Carrying value

Ìý

Ìý

Ìý

DecemberÌý31,

Ìý

DecemberÌý31,

Ìý

DecemberÌý31,

Ìý

Ìý

Ìý

2018

Ìý

2018

Ìý

2017

Ìý

Ìý

Ìý

amountsÌýinÌýmillions

Ìý

Corporate level debentures

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

8.5% Senior Debentures due 2029

Ìý

$

287

Ìý

286

Ìý

285

Ìý

8.25% Senior Debentures due 2030

Ìý

Ìý

504

Ìý

502

Ìý

502

Ìý

4% Exchangeable Senior Debentures due 2029

Ìý

Ìý

433

Ìý

304

Ìý

316

Ìý

3.75% Exchangeable Senior Debentures due 2030

Ìý

Ìý

434

Ìý

307

Ìý

318

Ìý

3.5% Exchangeable Senior Debentures due 2031

Ìý

Ìý

318

Ìý

377

Ìý

342

Ìý

0.75% Exchangeable Senior Debentures due 2043

Ìý

Ìý

Ìý—

Ìý

Ìý2

Ìý

Ìý2

Ìý

1.75% Exchangeable Senior Debentures due 2046

Ìý

Ìý

332

Ìý

344

Ìý

868

Ìý

Subsidiary level notes and facilities

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

QVC 3.125% Senior Secured Notes due 2019

Ìý

Ìý

400

Ìý

399

Ìý

399

Ìý

QVC 5.125% Senior Secured Notes due 2022

Ìý

Ìý

500

Ìý

500

Ìý

500

Ìý

QVC 4.375% Senior Secured Notes due 2023

Ìý

Ìý

750

Ìý

750

Ìý

750

Ìý

QVC 4.85% Senior Secured Notes due 2024

Ìý

Ìý

600

Ìý

600

Ìý

600

Ìý

QVC 4.45% Senior Secured Notes due 2025

Ìý

Ìý

600

Ìý

599

Ìý

599

Ìý

QVC 5.45% Senior Secured Notes due 2034

Ìý

Ìý

400

Ìý

399

Ìý

399

Ìý

QVC 5.95% Senior Secured Notes due 2043

Ìý

Ìý

300

Ìý

300

Ìý

300

Ìý

QVC 6.375% Senior Secured Notes due 2067

Ìý

Ìý

225

Ìý

225

Ìý

Ìý—

Ìý

QVC Bank Credit Facilities

Ìý

Ìý

1,320

Ìý

1,320

Ìý

1,763

Ìý

HSN Bank Credit Facility

Ìý

Ìý

Ìý—

Ìý

Ìý—

Ìý

460

Ìý

Other subsidiary debt

Ìý

Ìý

188

Ìý

188

Ìý

170

Ìý

Deferred loan costs

Ìý

Ìý

Ìý—

Ìý

(29)

Ìý

(24)

Ìý

Total consolidated jvidÊÓƵ debt

Ìý

$

7,591

Ìý

7,373

Ìý

8,549

Ìý

Less debt classified as current

Ìý

Ìý

Ìý

Ìý

(1,410)

Ìý

(996)

Ìý

Total long-term debt

Ìý

Ìý

Ìý

$

5,963

Ìý

7,553

Ìý

Ìý

Schedule of Five Year Maturities

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

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

2019

ÌýÌýÌýÌý

$

433

Ìý

2020

Ìý

$

32

Ìý

2021

Ìý

$

32

Ìý

2022

Ìý

$

530

Ìý

2023

Ìý

$

2,101

Ìý

Ìý

Debt Securities That Are Not Reported At Fair Value

The fair value, based on quoted prices of instruments not considered to be active markets (Level 2), of jvidÊÓƵ's publicly traded debt securities that are not reported at fair value in the accompanying consolidated balance sheets is as follows (amounts inÌýmillions):

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

DecemberÌý31,

Ìý

Ìý

ÌýÌýÌýÌý

2018

ÌýÌýÌýÌý

2017

Ìý

Senior debentures

Ìý

$

786

Ìý

866

Ìý

QVC senior secured notes

Ìý

$

3,573

Ìý

3,636

Ìý

Ìý