Long-Term Debt | Long-Term Debt Long-term debt consists of the following as of March 31, 2019 and December 31, 2018 : March 31, 2019 December 31, 2018 Principal Amount Accreted Value Principal Amount Accreted Value CCO Holdings, LLC: 5.250% senior notes due March 15, 2021 $ 500 $ 498 $ 500 $ 498 5.250% senior notes due September 30, 2022 1,250 1,238 1,250 1,238 5.125% senior notes due February 15, 2023 1,000 994 1,000 994 4.000% senior notes due March 1, 2023 500 497 500 496 5.125% senior notes due May 1, 2023 1,150 1,144 1,150 1,144 5.750% senior notes due September 1, 2023 500 497 500 497 5.750% senior notes due January 15, 2024 1,000 994 1,000 993 5.875% senior notes due April 1, 2024 1,700 1,689 1,700 1,688 5.375% senior notes due May 1, 2025 750 746 750 745 5.750% senior notes due February 15, 2026 2,500 2,468 2,500 2,467 5.500% senior notes due May 1, 2026 1,500 1,490 1,500 1,490 5.875% senior notes due May 1, 2027 800 795 800 795 5.125% senior notes due May 1, 2027 3,250 3,220 3,250 3,219 5.000% senior notes due February 1, 2028 2,500 2,466 2,500 2,466 Charter Communications Operating, LLC: 3.579% senior notes due July 23, 2020 2,000 1,994 2,000 1,992 4.464% senior notes due July 23, 2022 3,000 2,983 3,000 2,982 Senior floating rate notes due February 1, 2024 900 902 900 903 4.500% senior notes due February 1, 2024 1,100 1,092 1,100 1,091 4.908% senior notes due July 23, 2025 4,500 4,467 4,500 4,466 3.750% senior notes due February 15, 2028 1,000 986 1,000 986 4.200% senior notes due March 15, 2028 1,250 1,240 1,250 1,240 5.050% senior notes due March 30, 2029 1,250 1,240 — — 6.384% senior notes due October 23, 2035 2,000 1,982 2,000 1,982 5.375% senior notes due April 1, 2038 800 786 800 785 6.484% senior notes due October 23, 2045 3,500 3,467 3,500 3,467 5.375% senior notes due May 1, 2047 2,500 2,506 2,500 2,506 5.750% senior notes due April 1, 2048 2,450 2,390 1,700 1,683 6.834% senior notes due October 23, 2055 500 495 500 495 Credit facilities 10,639 10,557 10,038 9,959 Time Warner Cable, LLC: 8.750% senior notes due February 14, 2019 — — 1,250 1,260 8.250% senior notes due April 1, 2019 2,000 2,000 2,000 2,030 5.000% senior notes due February 1, 2020 1,500 1,532 1,500 1,541 4.125% senior notes due February 15, 2021 700 719 700 721 4.000% senior notes due September 1, 2021 1,000 1,030 1,000 1,033 5.750% sterling senior notes due June 2, 2031 (a) 815 875 796 855 6.550% senior debentures due May 1, 2037 1,500 1,679 1,500 1,680 7.300% senior debentures due July 1, 2038 1,500 1,778 1,500 1,780 6.750% senior debentures due June 15, 2039 1,500 1,717 1,500 1,719 5.875% senior debentures due November 15, 2040 1,200 1,256 1,200 1,256 5.500% senior debentures due September 1, 2041 1,250 1,258 1,250 1,258 5.250% sterling senior notes due July 15, 2042 (b) 847 817 827 798 4.500% senior debentures due September 15, 2042 1,250 1,140 1,250 1,140 Time Warner Cable Enterprises LLC: 8.375% senior debentures due March 15, 2023 1,000 1,180 1,000 1,191 8.375% senior debentures due July 15, 2033 1,000 1,295 1,000 1,298 Total debt 73,351 74,099 71,961 72,827 Less current portion: 8.750% senior notes due February 14, 2019 — — (1,250 ) (1,260 ) 8.250% senior notes due April 1, 2019 (2,000 ) (2,000 ) (2,000 ) (2,030 ) 5.000% senior notes due February 1, 2020 (1,500 ) (1,532 ) — — Long-term debt $ 69,851 $ 70,567 $ 68,711 $ 69,537 (a) Principal amount includes £625 million remeasured at $815 million and $796 million as of March 31, 2019 and December 31, 2018 , respectively, using the exchange rate at the respective dates. (b) Principal amount includes £650 million remeasured at $847 million and $827 million as of March 31, 2019 and December 31, 2018 , respectively, using the exchange rate at the respective dates. The accreted values presented in the table above represent the principal amount of the debt less the original issue discount at the time of sale, deferred financing costs, and, in regards to Time Warner Cable, LLC and Time Warner Cable Enterprises LLC debt assumed, fair value premium adjustments as a result of applying acquisition accounting plus the accretion of those amounts to the balance sheet date. However, the amount that is currently payable if the debt becomes immediately due is equal to the principal amount of the debt. In regards to the fixed-rate British pound sterling denominated notes (the “Sterling Notes”), the principal amount of the debt and any premium or discount is remeasured into U.S. dollars as of each balance sheet date. See Note 8. The Company has availability under the Charter Communications Operating, LLC ("Charter Operating") credit facilities of approximately $4.6 billion as of March 31, 2019 . In January 2019, Charter Operating and Charter Communications Operating Capital Corp. jointly issued $1.25 billion aggregate principal amount of 5.050% senior notes due 2029 at a price of 99.935% of the aggregate principal amount and an additional $750 million aggregate principal amount of 5.750% senior notes due 2048 at a price of 94.970% of the aggregate principal amount. The net proceeds were used to pay related fees and expenses and for general corporate purposes, including distributions to the Company's parent companies to fund buybacks of Charter Class A common stock and Charter Holdings common units as well as repaying certain indebtedness, including repaying at maturity Time Warner Cable, LLC's 8.750% senior notes due 2019. In January 2019, Charter Operating entered into an amendment to its Credit Agreement raising $1.7 billion of new term loan A-3 and increasing revolving loan capacity to $4.75 billion . In addition, the majority of term loan A-2 holders converted to term loan A-3 and essentially all revolver commitments were extended to 2024. Pricing on the new term loan A-3 is LIBOR plus 1.50% . The net proceeds were used to pay related fees and expenses and for general corporate purposes, including distributions to the Company's parent companies to fund buybacks of Charter Class A common stock and Charter Holdings common units as well as repaying certain indebtedness, including repaying at maturity Time Warner Cable, LLC's 8.250% senior notes due 2019. The Charter Operating notes are guaranteed by CCO Holdings and substantially all of the operating subsidiaries of Charter Operating. In addition, the Charter Operating notes are secured by a perfected first priority security interest in substantially all of the assets of Charter Operating to the extent such liens can be perfected under the Uniform Commercial Code by the filing of a financing statement and the liens rank equally with the liens on the collateral securing obligations under the Charter Operating credit facilities. Charter Operating may redeem some or all of the Charter Operating notes at any time at a premium. The Charter Operating notes are subject to the terms and conditions of the indenture governing the Charter Operating notes. The Charter Operating notes contain customary representations and warranties and affirmative covenants with limited negative covenants. The Charter Operating indenture also contains customary events of default. |