Debt and Capital Lease Obligations | Debt and Capital Lease Obligations The U.S. dollar equivalents of the components of our debt are as follows: June 30, 2017 Principal amount Weighted average interest rate (a) Unused borrowing capacity (b) Estimated fair value (c) Borrowing currency U.S. $ equivalent June 30, 2017 December 31, 2016 June 30, 2017 December 31, 2016 in millions Liberty Global Group: VM Notes 5.54 % — $ — $ 9,897.0 $ 9,311.0 $ 9,356.6 $ 9,041.0 VM Credit Facilities 3.89 % (d) 878.0 4,616.7 4,531.5 4,599.2 4,505.5 Unitymedia Notes 4.97 % — — 8,028.0 7,679.7 7,594.8 7,419.3 Unitymedia Credit Facilities 3.53 % (e) 1,185.6 239.3 — 240.0 — UPCB SPE Notes 4.52 % — — 2,585.2 1,783.7 2,509.6 1,772.8 UPC Holding Senior Notes 5.73 % — — 2,356.0 1,569.8 2,288.0 1,451.5 UPC Holding Bank Facility 3.91 % € 990.1 1,130.0 2,155.1 2,811.9 2,150.0 2,782.8 Telenet Credit Facility (f) 3.49 % € 335.0 382.3 4,067.5 3,210.0 4,062.4 3,187.5 Telenet SPE Notes 5.48 % — — 975.9 1,383.9 890.2 1,297.3 Vendor financing (g) 3.61 % — — 2,452.2 2,284.5 2,452.2 2,284.5 ITV Collar Loan 1.35 % — — 1,356.3 1,323.7 1,407.9 1,336.2 Derivative-related debt instruments (h) 3.30 % — — 806.8 450.7 730.6 416.7 Sumitomo Share Loan (i) 1.05 % — — 356.8 215.5 356.8 215.5 Sumitomo Collar Loan 1.88 % — — 342.2 499.7 338.4 488.2 Other (j) 5.48 % — — 387.6 343.2 391.8 349.0 Total Liberty Global Group 4.48 % 3,575.9 40,622.6 37,398.8 39,368.5 36,547.8 LiLAC Group: CWC Notes 7.31 % — — 2,356.3 2,319.6 2,190.8 2,181.1 CWC Credit Facilities 4.51 % $ 741.5 741.5 1,522.3 1,427.9 1,518.3 1,411.9 VTR Finance Senior Secured Notes 6.88 % — — 1,487.8 1,463.9 1,400.0 1,400.0 VTR Credit Facility — (k) 226.3 — — — — Liberty Puerto Rico Bank Facility 4.98 % $ 40.0 40.0 934.2 935.2 942.5 942.5 Vendor financing (g) 4.46 % — — 93.1 48.9 93.1 48.9 Total LiLAC Group 6.12 % 1,007.8 6,393.7 6,195.5 6,144.7 5,984.4 Total debt before premiums, discounts, fair value adjustments and deferred financing costs 4.71 % $ 4,583.7 $ 47,016.3 $ 43,594.3 $ 45,513.2 $ 42,532.2 The following table provides a reconciliation of total debt before premiums, discounts, fair value adjustments and deferred financing costs to total debt and capital lease obligations: June 30, 2017 December 31, 2016 in millions Total debt before premiums, discounts, fair value adjustments and deferred financing costs $ 45,513.2 $ 42,532.2 Premiums, discounts, fair value adjustments and deferred financing costs, net (193.0 ) (216.3 ) Total carrying amount of debt 45,320.2 42,315.9 Capital lease obligations (l) 1,375.1 1,242.8 Total debt and capital lease obligations 46,695.3 43,558.7 Current maturities of debt and capital lease obligations (3,750.7 ) (2,775.1 ) Long-term debt and capital lease obligations $ 42,944.6 $ 40,783.6 _______________ (a) Represents the weighted average interest rate in effect at June 30, 2017 for all borrowings outstanding pursuant to each debt instrument, including any applicable margin. The interest rates presented represent stated rates and do not include the impact of derivative instruments, deferred financing costs, original issue premiums or discounts and commitment fees, all of which affect our overall cost of borrowing. Including the effects of derivative instruments, original issue premiums or discounts and commitment fees, but excluding the impact of financing costs, our weighted average interest rate on our aggregate variable- and fixed-rate indebtedness was 4.77% (including 4.50% for the Liberty Global Group and 6.43% for the LiLAC Group ) at June 30, 2017 . For information regarding our derivative instruments, see note 5 . (b) Unused borrowing capacity represents the maximum availability under the applicable facility at June 30, 2017 without regard to covenant compliance calculations or other conditions precedent to borrowing. At June 30, 2017 , based on the applicable leverage-based restricted payment tests and leverage covenants, the full amount of unused borrowing capacity was available to be borrowed under each of the respective subsidiary facilities, and there were no restrictions on the respective subsidiary's ability to make loans or distributions from this availability to Liberty Global or its subsidiaries or other equity holders, except as shown in the table below. In the following table we present (i) for each subsidiary where the ability to borrow is limited, the actual borrowing availability under the respective facility and (ii) for each subsidiary where the ability to make loans or distributions from this availability is limited, the amount that can be loaned or distributed to Liberty Global or its subsidiaries or other equity holders. The amounts presented below assume no changes from June 30, 2017 borrowing levels and are based on the applicable leverage-based restricted payment tests and covenant and other limitations in effect for each borrowing group at June 30, 2017 , both before and after considering the impact of the completion of the June 30, 2017 compliance requirements. For information regarding certain refinancing transactions completed subsequent to June 30, 2017 that could have an impact on unused borrowing capacity and/or the availability to be borrowed, loaned or distributed, see note 16 . Limitation on availability June 30, 2017 Upon completion of relevant June 30, 2017 compliance reporting requirements Borrowing currency U.S. $ equivalent Borrowing currency U.S. $ equivalent in millions Limitation on availability to be borrowed under: UPC Holding Bank Facility (1) € 990.1 $ 1,130.0 € 933.7 $ 1,065.6 CWC Credit Facilities (2) $ 691.5 $ 691.5 $ 691.5 $ 691.5 Limitation on availability to be loaned or distributed by: Virgin Media £ 618.8 $ 804.9 £ 397.3 $ 516.8 Unitymedia (3) € 750.1 $ 856.0 € 731.8 $ 835.2 _______________ (1) Amounts include the impact of the redemption of the UPC Holding 6.375% Senior Notes , which was completed in July 2017. (2) Amounts include the impact of (i) the July 3, 2017 drawdown of $50.0 million under the CWC Revolving Credit Facility to fund a portion of the contribution to the CWSF (as defined in note 14 ) and (ii) the removal of the limitation related to letters of credit issued in connection with certain pension obligations. For additional information, see note 14 . (3) Borrowing currency represents the euro equivalent of the total Unitymedia Credit Facilities . (c) The estimated fair values of our debt instruments are determined using the average of applicable bid and ask prices (mostly Level 1 of the fair value hierarchy) or, when quoted market prices are unavailable or not considered indicative of fair value, discounted cash flow models (mostly Level 2 of the fair value hierarchy). The discount rates used in the cash flow models are based on the market interest rates and estimated credit spreads of the applicable entity, to the extent available, and other relevant factors. For additional information regarding fair value hierarchies, see note 6 . (d) Unused borrowing capacity under the VM Credit Facilities relates to a multi-currency revolving facility with maximum borrowing capacity equivalent to £675.0 million ( $878.0 million ). (e) The Unitymedia Credit Facilities comprise (i) a €420.0 million ( $479.3 million ) senior secured revolving credit facility and an €80.0 million ( $91.3 million ) super senior secured revolving credit facility, each of which were undrawn at June 30, 2017 , and (ii) $615.0 million of unused borrowing capacity under UM Facility B , as defined and described below. (f) In connection with the June 19, 2017 closing of the SFR BeLux Acquisition , Telenet borrowed (i) the full €120.0 million ( $137.0 million ) amount under Telenet Facility Z and (ii) €90.0 million ( $102.7 million ) of the total €400.0 million ( $456.5 million ) amount under Telenet Facility AG . For further information regarding the SFR BeLux Acquisition , see note 3 . (g) Represents amounts owed pursuant to interest-bearing vendor financing arrangements that are used to finance certain of our property and equipment additions and, to a lesser extent, certain of our operating expenses. These obligations are generally due within one year and include VAT that was paid on our behalf by the vendor. Repayments of vendor financing obligations are included in repayments and repurchases of debt and capital lease obligations in our condensed consolidated statements of cash flows. (h) Represents amounts associated with certain derivative-related borrowing instruments, including outstanding principal of $361.1 million and $119.3 million , respectively, which are carried at a fair value of $400.5 million and $128.9 million , respectively. For information regarding fair value hierarchies, see note 6 . (i) The Sumitomo Share Loan is carried at fair value. For further information, see note 5 . (j) Amounts include $143.1 million and $116.0 million , respectively, of debt collateralized by certain trade receivables of Virgin Media . (k) The VTR Credit Facility is a senior secured credit facility that comprises a $160.0 million revolving credit facility and a CLP 44.0 billion ( $66.3 million ) revolving credit facility, each of which were undrawn at June 30, 2017 . (l) The U.S. dollar equivalents of our consolidated capital lease obligations are as follows: June 30, 2017 December 31, 2016 in millions Liberty Global Group: Unitymedia $ 698.4 $ 657.0 Telenet 415.7 374.0 Virgin Media 77.2 91.2 Other subsidiaries 163.0 98.9 Total Liberty Global Group 1,354.3 1,221.1 LiLAC Group: CWC 19.9 20.8 VTR 0.9 0.7 Liberty Puerto Rico — 0.2 Total LiLAC Group 20.8 21.7 Total capital lease obligations $ 1,375.1 $ 1,242.8 Refinancing Transactions - General Information At June 30, 2017 , most of our outstanding debt had been incurred by one of our seven primary subsidiary "borrowing groups." In the following discussion, references to these primary borrowing groups, which comprise Virgin Media , Unitymedia , UPC Holding , Telenet , CWC , VTR Finance and Liberty Puerto Rico , include their respective restricted parent and subsidiary entities. We have completed various refinancing transactions during the first six months of 2017 . Unless otherwise noted, the terms and conditions of the notes and credit facilities entered into are largely consistent with those of our existing notes and credit facilities with regard to covenants, events of default and change of control provisions, among other items. For information concerning the general terms and conditions of our debt, see note 10 to the consolidated financial statements included in our 10-K . Virgin Media Refinancing Transactions In January 2017, Virgin Media issued £675.0 million ( $878.0 million ) principal amount of 5.0% senior secured notes due April 15, 2027 (the April 2027 VM Senior Secured Notes ). The net proceeds from the April 2027 VM Senior Secured Notes were used to redeem in full the £640.0 million ( $832.5 million ) outstanding principal amount under the April 2021 VM Sterling Senior Secured Notes . In connection with these transactions, Virgin Media recognized a loss on debt modification and extinguishment, net, of $39.9 million . This loss includes (i) the payment of $32.6 million of redemption premium and (ii) the write-off of $7.3 million of unamortized discount and deferred financing costs. Subject to the circumstances described below, the April 2027 VM Senior Secured Notes are non-callable until April 15, 2022. At any time prior to April 15, 2022, Virgin Media may redeem some or all of the April 2027 VM Senior Secured Notes by paying a “make-whole” premium, which is the present value of all remaining scheduled interest payments to April 15, 2022 using the discount rate (as specified in the indenture) as of the redemption date plus 50 basis points . Virgin Media may redeem some or all of the April 2027 VM Senior Secured Notes at the following redemption prices (expressed as a percentage of the principal amount) plus accrued and unpaid interest and additional amounts (as specified in the indenture), if any, to the applicable redemption date, as set forth below: Redemption price 12-month period commencing April 15: 2022 102.500% 2023 101.250% 2024 100.625% 2025 and thereafter 100.000% In February 2017, Virgin Media entered into a new £865.0 million ( $1,125.1 million ) term loan facility ( VM Facility J ). VM Facility J matures on January 31, 2026, bears interest at a rate of LIBOR + 3.50% and is subject to a LIBOR floor of 0.0% . The net proceeds from VM Facility J were used to prepay in full the £849.4 million ( $1,104.8 million ) outstanding principal amount under VM Facility E . In connection with these transactions, Virgin Media recognized a loss on debt modification and extinguishment, net, of $2.4 million related to unamortized discount and deferred financing costs. In February 2017, Virgin Media launched an offer (the Exchange Offer ) to exchange the January 2021 VM Sterling Senior Secured Notes for new senior secured notes due January 15, 2025 (the 2025 VM Sterling Senior Secured Notes ). The Exchange Offer was consummated on March 21, 2017 and £521.3 million ( $678.1 million ) aggregate principal amount of the January 2021 VM Sterling Senior Secured Notes was exchanged for £521.3 million aggregate principal amount of the 2025 VM Sterling Senior Secured Notes . Interest on the 2025 VM Sterling Senior Secured Notes will initially accrue at a rate of 6.0% up to January 15, 2021 and at a rate of 11.0% thereafter. The January 2021 VM Sterling Senior Secured Notes were exchanged for the 2025 VM Sterling Senior Secured Notes in a non-cash transaction, other than the payment of accrued and unpaid interest on the exchanged January 2021 VM Sterling Senior Secured Notes . In connection with these transactions, Virgin Media recognized a gain on debt modification and extinguishment, net, of $5.7 million . This gain includes (i) the write-off of $7.0 million of unamortized premium and (ii) the payment of $1.3 million of third-party costs. Subject to the circumstances described below, the 2025 VM Sterling Senior Secured Notes are non-callable until January 15, 2021. At any time prior to January 15, 2021, Virgin Media may redeem some or all of the 2025 VM Sterling Senior Secured Notes by paying a “make-whole” premium, which is the present value of all remaining scheduled interest payments to January 15, 2021 using the discount rate (as specified in the indenture) as of the redemption date plus 50 basis points . Virgin Media may redeem some or all of the 2025 VM Sterling Senior Secured Notes at the following redemption prices (expressed as a percentage of the principal amount) plus accrued and unpaid interest and additional amounts (as specified in the indenture), if any, to the applicable redemption date, as set forth below: Redemption price 12-month period commencing January 15: 2021 105.000% 2022 102.500% 2023 and thereafter 100.000% Unitymedia Refinancing Transaction In June 2017, Unitymedia entered into a new $855.0 million term loan facility ( UM Facility B ), of which $240.0 million was drawn as of June 30, 2017 . UM Facility B was issued at 99.75% of par, matures on September 30, 2025, bears interest at a rate of LIBOR + 2.25% and is subject to a LIBOR floor of 0.0% . The $240.0 million of net proceeds from UM Facility B that were drawn as of June 30, 2017, together with existing cash, were used to (i) redeem 10% of the original principal amount of each of the following series of notes: (a) the January 2023 UM Dollar Senior Secured Notes and (b) the April 2023 UM Senior Secured Notes and (ii) redeem 10% of the outstanding principal amount of each of the following series of notes: (1) the January 2023 5.75% UM Euro Senior Secured Notes and (2) the January 2023 5.125% UM Euro Senior Secured Notes. In connection with these transactions, Unitymedia recognized a loss on debt modification and extinguishment, net, of $8.2 million . This loss includes (I) the payment of $6.9 million of redemption premium and (II) the write-off of $1.3 million of unamortized discounts and deferred financing costs. UPC Holding Refinancing Transactions In February 2017, UPC Holding entered into a new $2,150.0 million term loan facility ( UPC Facility AP ). UPC Facility AP was issued at 99.75% of par, matures on April 15, 2025, bears interest at a rate of LIBOR + 2.75% and is subject to a LIBOR floor of 0.0% . The net proceeds from UPC Facility AP , together with existing cash, were used to prepay in full the $2,150.0 million outstanding principal amount under UPC Facility AN . In connection with these transactions, UPC Holding recognized a loss on debt modification and extinguishment, net, of $8.9 million related to unamortized discount and deferred financing costs. In June 2017, UPCB Finance VII Limited ( UPCB Finance VII ) issued €600.0 million ( $684.8 million ) principal amount of 3.625% senior secured notes due June 15, 2029 (the UPCB Finance VII Notes ). UPCB Finance VII is a special purpose financing entity, which is 100% owned by a third party, created for the primary purpose of facilitating the offering of senior secured notes, for which we are the primary beneficiary. As such, UPC Holding and Liberty Global are required to consolidate UPCB Finance VII . UPCB Finance VII used the proceeds to fund UPC Facility AQ , an additional facility under the UPC Holding Bank Facility , with a subsidiary of UPC Holding as the borrower. The call provisions, maturity and applicable interest rate for UPC Facility AQ are the same as those for the UPCB Finance VII Notes . The net proceeds from UPC Facility AQ were used, together with existing cash, to prepay in full the €600 million ( $684.8 million ) outstanding principal amount under UPC Facility AO . In connection with these transactions, UPC Holding recognized a loss on debt modification and extinguishment, net, of $5.4 million related to unamortized discount and deferred financing costs. Subject to the circumstances described below, the UPCB Finance VII Notes are non-callable until June 15, 2022. At any time prior to June 15, 2022, UPCB Finance VII may redeem some or all of the UPCB Finance VII Notes by paying a “make-whole” premium, which is the present value of all remaining scheduled interest payments to June 15, 2022 using the discount rate (as specified in the indenture) as of the redemption date plus 50 basis points . UPCB Finance VII may redeem some or all of the UPCB Finance VII Notes at the following redemption prices (expressed as a percentage of the principal amount) plus accrued and unpaid interest and additional amounts (as specified in the indenture), if any, to the applicable redemption date, as set forth below: Redemption price 12-month period commencing June 15: 2022 101.813% 2023 100.906% 2024 100.453% 2025 and thereafter 100.000% In June 2017, UPC Holding issued €635.0 million ( $724.7 million ) principal amount of 3.875% senior secured notes due June 15, 2029 (the UPC Holding 3.875% Senior Notes ). The net proceeds from the UPC Holding 3.875% Senior Notes were used to redeem in full the €600.0 million ( $684.8 million ) outstanding principal amount under the UPC Holding 6.375% Senior Notes . As the redemption of the UPC Holding 6.375% Senior Notes was not completed until July 2017, the proceeds from the issuance of the UPC Holding 3.875% Senior Notes were held in escrow at June 30, 2017 as cash collateral. Subject to the circumstances described below, the UPC Holding 3.875% Senior Notes are non-callable until June 15, 2022. At any time prior to June 15, 2022, UPC Holding may redeem some or all of the UPC Holding 3.875% Senior Notes by paying a “make-whole” premium, which is the present value of all remaining scheduled interest payments to June 15, 2022 using the discount rate (as specified in the indenture) as of the redemption date plus 50 basis points . UPC Holding may redeem some or all of the UPC Holding 3.875% Senior Notes at the following redemption prices (expressed as a percentage of the principal amount) plus accrued and unpaid interest and additional amounts (as specified in the indenture), if any, to the applicable redemption date, as set forth below: Redemption price 12-month period commencing June 15: 2022 101.938% 2023 100.969% 2024 100.484% 2025 and thereafter 100.000% Telenet Refinancing Transactions In April 2017, Telenet entered into (i) a €1,330.0 million ( $1,517.9 million ) term loan facility ( Telenet Facility AH ), which was issued at 99.75% of par, matures on March 31, 2026, bears interest at a rate of EURIBOR + 3.00% and is subject to a EURIBOR floor of 0.0% , and (ii) a $1,800.0 million term loan facility ( Telenet Facility AI ), which was issued at 99.75% of par, matures on June 30, 2025, bears interest at a rate of LIBOR + 2.75% and is subject to a LIBOR floor of 0.0% . The net proceeds from Telenet Facility AH and Telenet Facility AI were used to prepay in full (a) the €1,600.0 million ( $1,826.1 million ) outstanding principal amount under Telenet Facility AE and (b) the $1,500.0 million outstanding principal amount under Telenet Facility AF . In connection with these transactions, Telenet recognized a loss on debt modification and extinguishment, net, of $22.1 million related to unamortized discounts and deferred financing costs. In May 2017, commitments under Telenet Facility AI were increased by $500.0 million (the Telenet Facility AI Add-on ). The Telenet Facility AI Add-on was issued at 100% of par with the same maturity and interest rate as Telenet Facility AI . The proceeds from Telenet Facility AI Add-on were used to prepay in full the €450.0 million ( $513.6 million ) outstanding principal amount under Telenet Facility U , together with accrued and unpaid interest and the related prepayment premium, to Telenet Finance V Luxembourg S.C.A ( Telenet Finance V ) and, in turn, Telenet Finance V used such proceeds to fully redeem the €450.0 million outstanding principal amount of its 6.25% senior secured notes. Telenet Finance V is a special purpose financing entity, which is 100% owned by a third party, created for the primary purpose of facilitating the offering of senior secured notes, for which we are the primary beneficiary. As such, Telenet and Liberty Global are required to consolidate Telenet Finance V . In connection with these transactions, Telenet recognized a loss on debt modification and extinguishment, net, of $27.7 million . This loss includes (i) the payment of $21.5 million of redemption premium and (ii) the write-off of $6.2 million of unamortized discount and deferred financing costs. CWC Refinancing Transactions In May 2017, CWC entered into a new $1,125.0 million term loan facility (the CWC Term Loan B-3 Facility ). The CWC Term Loan B-3 Facility was issued at 99.5% of par, matures on January 31, 2025, bears interest at a rate of LIBOR + 3.50% and is subject to a LIBOR floor of 0.0% . The net proceeds from the CWC Term Loan B-3 Facility were used to prepay in full the $1,100.0 million outstanding principal amount under the CWC Term Loans. In connection with these transactions, CWC recognized a loss on debt modification and extinguishment, net, of $24.9 million . This loss includes (i) the write-off of $22.7 million of unamortized discount and deferred financing costs and (ii) the payment of $2.2 million of third-party costs. In July 2017, the commitments under the CWC Term Loan B-3 Facility were increased by $700.0 million (the CWC Term Loan B-3 Facility Add-on ). The CWC Term Loan B-3 Facility Add-on was issued at 99.5% of par with the same maturity and interest rate as the CWC Term Loan B-3 Facility . The net proceeds from the CWC Term Loan B-3 Facility Add-on will be used to redeem $645.0 million of the $1,250.0 million outstanding principal amount of the Columbus Senior Notes. Maturities of Debt and Capital Lease Obligations Maturities of our debt and capital lease obligations as of June 30, 2017 are presented below ( U.S. dollar equivalents based on June 30, 2017 exchange rates) for the named entity and its subsidiaries, unless otherwise noted: Debt: Liberty Global Group Virgin Media Unitymedia UPC Telenet (b) Other Total Liberty Global Group in millions Year ending December 31: 2017 (remainder of year) $ 302.0 $ 174.6 $ 1,167.2 $ 314.2 $ 202.5 $ 2,160.5 2018 781.2 124.0 430.3 66.8 198.8 1,601.1 2019 116.1 8.2 2.7 19.4 32.1 178.5 2020 84.1 7.8 11.8 12.9 192.6 309.2 2021 1,330.5 7.4 11.1 11.4 1,314.4 2,674.8 2022 382.4 607.9 4.5 11.7 313.6 1,320.1 Thereafter 12,464.9 7,601.4 6,264.6 4,793.4 — 31,124.3 Total debt maturities 15,461.2 8,531.3 7,892.2 5,229.8 2,254.0 39,368.5 Premiums, discounts, fair value adjustments and deferred financing costs, net (69.3 ) (49.8 ) (50.3 ) (33.2 ) (32.4 ) (235.0 ) Total debt $ 15,391.9 $ 8,481.5 $ 7,841.9 $ 5,196.6 $ 2,221.6 $ 39,133.5 Current portion $ 1,095.4 $ 298.2 $ 1,597.0 $ 372.4 $ 55.2 $ 3,418.2 Noncurrent portion $ 14,296.5 $ 8,183.3 $ 6,244.9 $ 4,824.2 $ 2,166.4 $ 35,715.3 LiLAC Group Total Liberty Global Group CWC VTR Liberty Puerto Rico Total LiLAC Group Total Liberty Global in millions Year ending December 31: 2017 (remainder of year) $ 2,160.5 $ 43.6 $ 19.6 $ — $ 63.2 $ 2,223.7 2018 1,601.1 79.1 53.5 — 132.6 1,733.7 2019 178.5 260.6 — — 260.6 439.1 2020 309.2 39.3 — — 39.3 348.5 2021 2,674.8 1,385.0 — — 1,385.0 4,059.8 2022 1,320.1 775.1 — 850.0 1,625.1 2,945.2 Thereafter 31,124.3 1,146.4 1,400.0 92.5 2,638.9 33,763.2 Total debt maturities 39,368.5 3,729.1 1,473.1 942.5 6,144.7 45,513.2 Premiums, discounts, fair value adjustments and deferred financing costs, net (235.0 ) 78.0 (23.4 ) (12.6 ) 42.0 (193.0 ) Total debt $ 39,133.5 $ 3,807.1 $ 1,449.7 $ 929.9 $ 6,186.7 $ 45,320.2 Current portion $ 3,418.2 $ 119.9 $ 73.1 $ — $ 193.0 $ 3,611.2 Noncurrent portion $ 35,715.3 $ 3,687.2 $ 1,376.6 $ 929.9 $ 5,993.7 $ 41,709.0 _______________ (a) Amounts include certain senior secured notes issued by special purpose financing entities that are consolidated by UPC Holding and Liberty Global . (b) Amounts include certain senior secured notes issued by special purpose financing entities that are consolidated by Telenet and Liberty Global . Capital lease obligations: Liberty Global Group Unitymedia Telenet Virgin Media Other Total Liberty Global Group Total LiLAC Group Total in millions Year ending December 31: 2017 (remainder of year) $ 42.4 $ 36.1 $ 15.9 $ 21.6 $ 116.0 $ 11.9 $ 127.9 2018 84.7 71.4 16.2 36.5 208.8 5.6 214.4 2019 84.2 62.1 7.9 29.8 184.0 2.7 186.7 2020 83.8 58.9 5.0 24.1 171.8 1.3 173.1 2021 83.7 56.7 4.8 20.4 165.6 0.1 165.7 2022 83.6 58.3 4.1 14.8 160.8 — 160.8 Thereafter 660.0 210.2 174.3 47.1 1,091.6 — 1,091.6 Total principal and interest payments 1,122.4 553.7 228.2 194.3 2,098.6 21.6 2,120.2 Amounts representing interest (424.0 ) (138.0 ) (151.0 ) (31.3 ) (744.3 ) (0.8 ) (745.1 ) Present value of net minimum lease payments $ 698.4 $ 415.7 $ 77.2 $ 163.0 $ 1,354.3 $ 20.8 $ 1,375.1 Current portion $ 32.0 $ 49.3 $ 21.4 $ 29.7 $ 132.4 $ 7.1 $ 139.5 Noncurrent portion $ 666.4 $ 366.4 $ 55.8 $ 133.3 $ 1,221.9 $ 13.7 $ 1,235.6 Non-cash Financing Transactions During the six months ended June 30, 2017 and 2016 , certain of our refinancing transactions included non-cash borrowings and repayments of debt aggregating $7,731.2 million and $205.2 million |