
	March 31, 2016		December 31, 2015

	(Millions)
Devon debt
Commercial paper	$	-	$	626
Debentures and notes		9,425		9,425
Net discount on debentures and notes		(28)		(28)
Debt issuance costs		(56)		(57)
Total Devon debt		9,341		9,966
EnLink debt
Credit facilities		552		414
Debentures and notes		2,663		2,663
Net premium on debentures and notes		12		13
Debt issuance costs		(23)		(24)
Total EnLink debt		3,204		3,066
Total debt		12,545		13,032
Less amount classified as short-term debt (1)		350		976
Total long-term debt	$	12,195	$	12,056

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(1)

Short-term debt as of March 31, 2016 consists of $350 million of floating rate due on December 15, 2016. Short-term debt as of December 31, 2015 consists of $626 million of commercial paper and $350 million floating rate due on December 15, 2016.