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Fair Value of Financial Instruments (Tables)
3 Months Ended
Mar. 31, 2020
Fair Value Disclosures [Abstract]  
Schedule of Carrying Amounts and Estimated Fair Values of Long-term Debt, Excluding Capital Lease Obligations, and Input Level to Determine Fair Values
The following table presents the carrying amounts and estimated fair values of our financial liabilities as of March 31, 2020 and December 31, 2019:
 
 
 
March 31, 2020
 
December 31, 2019
 
Input
Level
 
Carrying
Amount
 
Fair
Value
 
Carrying
Amount
 
Fair
Value
 
 
 
(Dollars in millions)
Long-term debt, excluding finance lease and other obligations
2
 
$
34,405

 
33,117

 
34,472

 
35,737

Interest rate swap contracts (see Note 10)
2
 
152

 
152

 
51

 
51