Debt (Tables)

12 Months Ended

Dec. 31, 2018

Our outstanding borrowings at December 31, 2018 and 2017 consisted of the following:



	December 31,
(In millions)	2018		2017
Marathon Petroleum Corporation:
Commercial paper	$	—	$	—
364-day bank revolving credit facility due September 2019	—		—
Trade receivables securitization facility due July 2019	—		—
Bank revolving credit facility due October 2023	—		—
Senior notes, 2.700% due December 2018	—		600
Senior notes, 3.400% due December 2020	650		650
Senior notes, 5.125% due March 2021	1,000		1,000
Senior notes, 5.375% due October 2022	337		—
Senior notes, 4.750% due December 2023	614		—
Senior notes, 5.125% due April 2024	241		—
Senior notes, 3.625%, due September 2024	750		750
Senior notes, 5.125% due December 2026	719		—
Senior notes, 3.800% due April 2028	496		—
Senior notes, 6.500% due March 2041	1,250		1,250
Senior notes, 4.750% due September 2044	800		800
Senior notes, 5.850% due December 2045	250		250
Senior notes, 4.500% due April 2048	498		—
Andeavor senior notes, 3.800% - 5.375% due 2022 - 2048	469		—
Senior notes, 5.000%, due September 2054	400		400
Capital lease obligations due 2019-2033	629		356



	December 31,
(In millions)	2018			2017
Notes payable	11			—
MPLX LP:
MPLX bank revolving credit facility due 2022	—			505
MPLX senior notes, 5.500% due February 2023	—			710
MPLX senior notes, 3.375% due March 2023	500			—
MPLX senior notes, 4.500% due July 2023	989			989
MPLX senior notes, 4.875% due December 2024	1,149			1,149
MPLX senior notes, 4.000% due February 2025	500			500
MPLX senior notes, 4.875% due June 2025	1,189			1,189
MarkWest senior notes, 4.500% - 5.500% due 2023 - 2025	23			63
MPLX senior notes, 4.125% due March 2027	1,250			1,250
MPLX senior notes, 4.000% due March 2028	1,250			—
MPLX senior notes, 4.800% due February 2029	750			—
MPLX senior notes, 4.500% due April 2038	1,750			—
MPLX senior notes, 5.200% due March 2047	1,000			1,000
MPLX senior notes, 4.700% due April 2048	1,500			—
MPLX senior notes, 5.500% due February 2049	1,500			—
MPLX senior notes, 4.900% due April 2058	500			—
MPLX capital lease obligations due 2020	6			7
ANDX LP:
ANDX revolving and dropdown credit facilities due 2021	1,245			—
ANDX senior notes, 5.500% due October 2019	500			—
ANDX senior notes, 6.250% due October 2022	300			—
ANDX senior notes, 3.500% due December 2022	500			—
ANDX senior notes, 6.375% due May 2024	450			—
ANDX senior notes, 5.250% due January 2025	750			—
ANDX senior notes, 4.250% due December 2027	750			—
ANDX senior notes, 5.200% due December 2047	500			—
ANDX capital lease obligations	15			—
Total	27,980			13,418
Unamortized debt issuance costs	(128		)	(59		)
Unamortized (discount) premium, net	(328		)	(413		)
Amounts due within one year	(544		)	(624		)
Total long-term debt due after one year	$	26,980		$	12,322

Schedule Of Debt Payments

Principal maturities for our debt obligations and capital lease obligations as of December 31, 2018 for the next five years were as follows:



(In millions)
2019	$	544
2020	695
2021	2,296
2022	1,320
2023	2,403

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.22)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 45
-Paragraph 1A
-URI http://asc.fasb.org/extlink&oid=114775744&loc=d3e28541-108399

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21506-112644

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(e),(f))
-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690

Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=114775744&loc=d3e28551-108399

Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21521-112644

Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21538-112644

Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 470
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=75038535&loc=d3e64711-112823

Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 55
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=114775985&loc=d3e28878-108400

Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21475-112644

+ Details