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Debt
12 Months Ended
Dec. 31, 2022
Debt Disclosure [Abstract]  
Debt Debt
In the third quarter of 2022, we entered into a $5,800 364-day revolving credit agreement expiring in August 2023, a $3,000 three-year revolving credit agreement expiring in August 2025, and amended our $3,200 five-year revolving credit agreement, which expires in October 2024, primarily to incorporate a LIBOR successor rate. The 364-day credit facility has a one-year term out option which allows us to extend the maturity of any borrowings one year beyond the aforementioned expiration date. As of December 31, 2022, we had $12,000 currently available under credit line agreements. We continue to be in full compliance with all covenants contained in our debt or credit facility agreements.
Interest incurred, including amounts capitalized, was $2,650, $2,790 and $2,280 for the years ended December 31, 2022, 2021 and 2020, respectively. Interest expense recorded by BCC is reflected as Boeing Capital interest expense on our Consolidated Statements of Operations. Total Company interest payments were $2,572, $2,583 and $1,925 for the years ended December 31, 2022, 2021 and 2020, respectively.
Short-term debt and current portion of long-term debt at December 31 consisted of the following:
20222021
Unsecured debt$5,103 $1,155 
Finance lease obligations65 61 
Other notes22 80 
Total$5,190 $1,296 
Debt at December 31 consisted of the following:
20222021
Unsecured debt
1.17% - 2.50% due through 2026
$11,846 12,404 
2.60% - 3.20% due through 2030
6,412 7,001 
3.25% - 3.90% due through 2059
9,576 9,570 
3.95% - 5.15% due through 2059
14,035 13,993 
5.71% - 6.63% due through 2060
13,011 13,008 
6.88% - 8.75% due through 2043
1,854 1,853 
Other debt and notes
Finance lease obligations due through 2044
206 180 
Other notes61 93 
Total debt$57,001 $58,102 
Scheduled principal payments for debt and minimum finance lease obligations for the next five years are as follows:
20232024202520262027
Debt$5,128 $5,081 $4,306 $7,966 $3,300 
Minimum finance lease obligations$69 $52 $41 $22 $5