|
Long-term debt and finance lease obligations consisted of the following:
|
|
|
|
|
|
|
|
|
| (in millions) |
March 31, 2023 |
December 31, 2022 |
4.375% Senior Secured Notes due 2023, net of original issue discount |
$ |
— |
|
214 |
|
4.85% Senior Secured Notes due 2024, net of original issue discount |
600 |
|
600 |
|
4.45% Senior Secured Notes due 2025, net of original issue discount |
599 |
|
599 |
|
4.75% Senior Secured Notes due 2027 |
575 |
|
575 |
|
4.375% Senior Secured Notes due 2028 |
500 |
|
500 |
|
5.45% Senior Secured Notes due 2034, net of original issue discount |
399 |
|
399 |
|
5.95% Senior Secured Notes due 2043, net of original issue discount |
300 |
|
300 |
|
6.375% Senior Secured Notes due 2067 |
225 |
|
225 |
|
6.25% Senior Secured Notes due 2068 |
500 |
|
500 |
|
| Senior secured credit facility (1) |
1,297 |
|
1,057 |
|
| Finance lease obligations |
3 |
|
4 |
|
| Less debt issuance costs, net |
(34) |
|
(36) |
|
| Total debt and finance lease obligations |
4,964 |
|
4,937 |
|
| Less current portion |
(2) |
|
(216) |
|
| Long-term portion of debt and finance lease obligations |
$ |
4,962 |
|
4,721 |
|
(1) Includes $57 million of Zulily's outstanding borrowings as of March 31, 2023.
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