|
9/30/2020 |
YE 2019 |
| Revolving Credit Facility |
647 |
290 |
| Term Loans |
690 |
690 |
| Unsecured Notes |
721 |
1,000 |
| Secured Mortgages |
1,029 |
885 |
| Total Principal Debt |
3,087 |
2,865 |
| Fair Value Debt Adjustments |
2 |
6 |
| Debt Issuance Costs |
(27) |
(29) |
| Total Consolidated Debt |
3,062 |
2,842 |
| Unconsolidated Debt |
615 |
625 |
| Fair Value Debt Adjustments |
3 |
5 |
| Debt Issuance Costs |
(2) |
(2) |
| Total Debt |
3,678 |
3,470 |
| Less Cash and cash equivalents |
112 |
61 |
| Net Debt |
3,566 |
3,409 |
*Excludes Noncore assets Charlottesville Fashion Square and Muncie Mall. Excludes Other Indebtedness.
*Net Debt is a non-GAAP financial measure
*Dollars in millions