Charter 2011 Annual Report Download - page 100

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CHARTER COMMUNICATIONS, INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
DECEMBER 31, 2011, 2010 AND 2009
(dollars in millions, except share or per share data or where indicated)
F- 16
6. Accounts Payable and Accrued Expenses
Accounts payable and accrued expenses consist of the following as of December 31, 2011 and 2010:
Accounts payable – trade
Accrued capital expenditures
Accrued expenses:
Interest
Programming costs
Franchise related fees
Compensation
Other
Successor
December 31,
2011
$ 174
111
191
303
50
123
201
$ 1,153
2010
$ 168
54
162
282
53
124
206
$ 1,049
7. Long-Term Debt
Long-term debt consists of the following as of December 31, 2011 and 2010:
CCH II, LLC:
13.500% senior notes due November 30, 2016
CCO Holdings, LLC:
7.25% senior notes due October 30, 2017
7.875% senior notes due April 30, 2018
7.00% senior notes due January 15, 2019
8.125% senior notes due April 30, 2020
7.375% senior notes due June 1, 2020
6.50% senior notes due April 30, 2021
Credit facility due September 6, 2014
Charter Communications Operating, LLC:
8.00% senior second-lien notes due April 30, 2012
10.875% senior second-lien notes due September 15,
2014
Credit facilities
Long-Term Debt
Successor
December 31,
2011
Principal
Amount
$ 1,480
1,000
900
1,400
700
750
1,500
350
500
312
3,929
$ 12,821
Accreted
Value
$ 1,692
1,000
900
1,391
700
750
1,500
326
502
331
3,764
$ 12,856
2010
Principal
Amount
$ 1,766
1,000
900
—
700
—
—
350
1,100
546
5,954
$ 12,316
Accreted
Value
$ 2,057
1,000
900
—
700
—
—
314
1,112
591
5,632
$ 12,306
As of December 31, 2011 and 2010, the accreted values presented above represent the fair value of the notes as of the Effective
Date or the principal amount of the notes less the original issue discount at the time of sale, plus the accretion 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. The Company has availability under its credit facilities of approximately $1.3 billion as of December 31, 2011, including