|
3/31/2021 |
YE 2020 |
| Revolving Credit Facility |
647 |
290 |
| Term Loans |
690 |
690 |
| Unsecured Notes |
721 |
1,000 |
| Secured Mortgages |
959 |
885 |
| Total Principal Debt |
3,017 |
2,865 |
| Fair Value Debt Adjustments |
1 |
6 |
| Debt Issuance Costs |
(28) |
(29) |
| Total Consolidated Debt |
2,990 |
2,842 |
| Unconsolidated Debt |
609 |
625 |
| Fair Value Debt Adjustments |
3 |
5 |
| Debt Issuance Costs |
(2) |
(2) |
| Total Debt |
3,600 |
3,470 |
| Less Cash and cash equivalents |
82 |
61 |
| Net Debt |
3,518 |
3,409 |
*Excludes Noncore assets Anderson Mall, Charlottesville Fashion Square, Lincolnwood Town Center, and Muncie Mall. Excludes Other Indebtedness.
*Net Debt is a non-GAAP financial measure
*Dollars in millions