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Debt
12 Months Ended
Dec. 31, 2019
Debt Disclosure [Abstract]  
Debt Debt

Our total debt, including short-term borrowings and current maturities of long-term debt, consisted of the following:
 
December 31
Millions of dollars
2019
2018
5.0% senior notes due November 2045
$
2,000

$
2,000

3.8% senior notes due November 2025
2,000

2,000

3.5% senior notes due August 2023
1,100

1,100

4.85% senior notes due November 2035
1,000

1,000

7.45% senior notes due September 2039
1,000

1,000

4.75% senior notes due August 2043
900

900

6.7% senior notes due September 2038
800

800

3.25% senior notes due November 2021
500

500

4.5% senior notes due November 2041
500

500

7.6% senior debentures due August 2096
300

300

8.75% senior debentures due February 2021
185

185

6.75% notes due February 2027
104

104

Other
28

47

Unamortized debt issuance costs and discounts
(90
)
(92
)
Total
10,327

10,344

Short-term borrowings and current maturities of long-term debt
(11
)
(32
)
Total long-term debt
$
10,316

$
10,312


    
Senior debt
All of our senior notes and debentures rank equally with our existing and future senior unsecured indebtedness, have semiannual interest payments and have no sinking fund requirements. We may redeem all of our senior notes from time to time or all of the notes of each series at any time at the applicable redemption prices, plus accrued and unpaid interest. Our 6.75% notes due February 2027, 7.6% senior debentures due August 2096 and 8.75% senior debentures due February 2021 may not be redeemed prior to maturity.

Revolving credit facilities
We have a revolving credit facility with a capacity of $3.5 billion, which expires in March 2024. The facility is for working capital or general corporate purposes. The full amount of the revolving credit facility was available as of December 31, 2019.

Debt maturities
Our long-term debt matures as follows: $11 million in 2020, $697 million in 2021, $4 million in 2022, $1.1 billion in 2023, no amounts in 2024, and the remainder thereafter.