| | | | | | | | | | | | | | | | | | | | | | | | | | | | Summary of outstanding debt by category | | | | | | | (in millions) | Maturity Dates | Interest Rate(s) Per Annum at September 30, 2024 | September 30, 2024 | December 31, 2023 | | Unsecured Payroll Support Program Loans | 2030 | to | 2031 | 1.00% | $ | 3,496 | | $ | 3,496 | | | Unsecured notes | 2024 | to | 2029 | 2.90% | to | 7.38% | 2,575 | | 2,590 | | | Financing arrangements secured by SkyMiles assets: | | | | | | | | | SkyMiles Notes(1) | 2024 | to | 2028 | 4.50% | and | 4.75% | 4,107 | | 4,518 | | SkyMiles Term Loan(1)(2) | 2024 | to | 2027 | 9.03% | 850 | | 1,772 | | NYTDC Special Facilities Revenue Bonds(1) | 2025 | to | 2045 | 4.00% | to | 6.00% | 3,591 | | 3,656 | | | Financing arrangements secured by aircraft: | | | | | Certificates(1) | 2024 | to | 2028 | 2.00% | to | 8.00% | 1,033 | | 1,591 | | Notes(1)(2) | 2024 | to | 2033 | 7.20% | to | 7.52% | 89 | | 165 | | | Financing arrangements secured by slots, gates and/or routes: | | | | | | | | | | Senior Secured Notes | 2025 | 7.00% | 812 | | 838 | | Other financings(1)(2) | 2024 | to | 2030 | 2.51% | to | 5.00% | 66 | | 67 | | Corporate Revolving Credit Facility(2) | 2026 | to | 2028 | Undrawn | — | | — | | Other revolving credit facilities(2) | 2025 | to | 2026 | Undrawn | — | | — | | | Total secured and unsecured debt | | | | | | | $ | 16,619 | | $ | 18,693 | | | Unamortized (discount)/premium and debt issue cost, net and other | | | | (38) | | (83) | | | Total debt | | | | | | | $ | 16,581 | | $ | 18,610 | | | Less: current maturities | | | | | | | (2,700) | | (2,625) | | | Total long-term debt | | | | | | | $ | 13,881 | | $ | 15,985 | |
(1)Due in installments during the years shown above. (2)Certain financings are comprised of variable rate debt. All variable rates are equal to SOFR (generally subject to a floor) or another index rate, plus a specified margin.
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