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Debt (Tables)
3 Months Ended
Mar. 31, 2020
Debt Disclosure [Abstract]  
Schedule of Debt
 
Millions of Dollars
 
March 31
2020

 
December 31
2019

 
 
 
 
2.450% Senior Notes due December 2024
$
300

 
300

3.605% Senior Notes due February 2025
500

 
500

3.550% Senior Notes due October 2026
500

 
500

3.750% Senior Notes due March 2028
500

 
500

3.150% Senior Notes due December 2029
600

 
600

4.680% Senior Notes due February 2045
450

 
450

4.900% Senior Notes due October 2046
625

 
625

Tax-exempt bonds due April 2020 and April 2021 at 1.465% and 1.85% at
March 31, 2020, and December 31, 2019, respectively
75

 
75

Debt at face value
3,550

 
3,550

Net unamortized discounts and debt issuance costs
(34
)
 
(34
)
Total debt
3,516

 
3,516

Short-term debt
(25
)
 
(25
)
Long-term debt
$
3,491

 
3,491