US Cellular 2015 Annual Report Download - page 96

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Long-term debt as of December 31, 2015 and 2014 was as follows:
December 31,
2015 2014
Less Less
Unamortized Unamortized
discount discount
and debt and debt
Issuance Maturity Call Principal issuance Principal issuance
date date date Amount costs Total Amount costs Total
(Dollars in thousands)
TDS:
Unsecured Senior Notes
March March March
6.625% ....... 2005 2045 2010 $ 116,250 $ 3,567 $ 112,683 $ 116,250 $ 3,604 $ 112,646
Nov Nov Nov
6.875% ....... 2010 2059 2015 225,000 7,537 217,463 225,000 7,561 217,439
March March March
7.000% ....... 2011 2060 2016 300,000 9,621 290,379 300,000 9,650 290,350
Nov Dec Dec
5.875% ....... 2012 2061 2017 195,000 6,718 188,282 195,000 6,744 188,256
Oct Oct
Purchase contract . . 2001 2021 1,097 – 1,097 1,097 – 1,097
Total Parent .. 837,347 27,443 809,904 837,347 27,559 809,788
Subsidiaries:
U.S. Cellular –
Unsecured Senior Notes
Dec 2003
and Dec Dec
6.700% .......June 2004 2033 2003 544,000 15,247 528,753 544,000 15,656 528,344
May May May
6.950% ....... 2011 2060 2016 342,000 10,905 331,095 342,000 10,937 331,063
Dec Dec Dec
7.250% ....... 2014 2063 2019 275,000 9,629 265,371 275,000 9,644 265,356
Nov Nov Nov
7.250% ....... 2015 2064 2020 300,000 10,316 289,684 –––
Jan Jan
Term Loan ..... 2015 2022 225,000 2,283 222,717 –––
Obligation on capital leases . 2,200 – 2,200 2,143 – 2,143
TDS Telecom –
Rural Utilities Service (‘‘RUS’’) and other notes . 691 691 699 699
Obligation on capital leases ............ 733 – 733 767 – 767
Other –
Through
Long-term notes . 2016 2,961 – 2,961 3,686 – 3,686
Obligation on capital leases . 24 24 31 – 31
Total Subsidiaries ..... 1,692,609 48,380 1,644,229 1,168,326 36,237 1,132,089
Total long-term debt ........ $ 2,529,956 $ 75,823 $ 2,454,133 $ 2,005,673 $ 63,796 $ 1,941,877
Long-term debt, current ... $ 14,306 $ 808
Long-term debt, noncurrent $ 2,439,827 $ 1,941,069
TDS may redeem its callable notes and U.S. Cellular may redeem its 6.95% Senior Notes, 7.25% 2063 Senior Notes and
7.25% 2064 Senior Notes, in whole or in part at any time after the respective call date, at a redemption price equal to
100% of the principal amount redeemed plus accrued and unpaid interest. U.S. Cellular may redeem the 6.7% Senior
Notes, in whole or in part, at any time prior to maturity at a redemption price equal to the greater of (a) 100% of the
principal amount of such notes, plus accrued and unpaid interest, or (b) the sum of the present values of the remaining
88
TELEPHONE AND DATA SYSTEMS, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS