|
9/30/2019 |
YE 2018 |
| Revolving Credit Facility |
217 |
290 |
| Term Loans |
690 |
690 |
| Unsecured Notes |
971 |
1000 |
| Secured Mortgages |
1,043 |
885 |
| Total Principal Debt |
2,921 |
2,865 |
| Fair Value Debt Adjustments |
4 |
6 |
| Debt Issuance Costs |
(26) |
(29) |
| Total Consolidated Debt |
2,899 |
2,842 |
| Unconsolidated Debt |
619 |
625 |
| Fair Value Debt Adjustments |
4 |
5 |
| Debt Issuance Costs |
(2) |
(2) |
| Total Debt |
3,520 |
3,470 |
| Less Cash and cash equivalents |
55 |
61 |
| Net Debt |
3,465 |
3,409 |
*Excludes Noncore assets Charlottesville Fashion Square, Muncie Mall, Seminole Town Center, Towne West Square and West Ridge Mall.
*Net Debt is a non-GAAP financial measure
*Dollars in millions