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Long-Term Debt (Tables)
12 Months Ended
Dec. 31, 2017
Debt Disclosure [Abstract]  
Debt
Our debt consists of the following:
 
December 31,
2017
 
December 31,
2016
(millions, except percentages)
Debt
 
Interest Rate
 
Debt
 
Interest Rate
Revolving Credit Facility, due August 27, 2020
$
230

 
2.27
%
 
$

 
%
Noble Midstream Services Revolving Credit Facility, due September 20, 2021
85

 
2.49
%
 

 
%
Term Loan Facility, due January 6, 2019 (1)

 
%
 
550

 
2.01
%
Leviathan Term Loan Facility, due February 23, 2025


 
%
 

 

Senior Notes, due March 1, 2019 (2)

 
%
 
1,000

 
8.25
%
Senior Notes, due May 1, 2021
379

 
5.63
%
 
379

 
5.63
%
Senior Notes, due December 15, 2021
1,000

 
4.15
%
 
1,000

 
4.15
%
Senior Notes, due June 1, 2022 (1)


 
%
 
18

 
5.88
%
Senior Notes, due October 15, 2023
100

 
7.25
%
 
100

 
7.25
%
Senior Notes, due November 15, 2024
650

 
3.90
%
 
650

 
3.90
%
Senior Notes, due April 1, 2027
250

 
8.00
%
 
250

 
8.00
%
Senior Notes, due January 15, 2028 (2)

600

 
3.85
%
 

 
%
Senior Notes, due March 1, 2041
850

 
6.00
%
 
850

 
6.00
%
Senior Notes, due November 15, 2043
1,000

 
5.25
%
 
1,000

 
5.25
%
Senior Notes, due November 15, 2044
850

 
5.05
%
 
850

 
5.05
%
Senior Notes, due August 15, 2047 (2)
 

500

 
4.95
%
 

 
%
Other Senior Notes and Debentures (3)

92

 
7.13
%
 
92

 
7.13
%
Capital Lease and Other Obligations (4)

273

 
%
 
375

 
%
Total
$
6,859

 
 

 
$
7,114

 
 

Unamortized Discount
(24
)
 
 

 
(23
)
 
 

Unamortized Premium (2)
12

 
 
 
17

 
 
Unamortized Debt Issuance Costs
(40
)
 
 
 
(34
)
 
 
Total Debt, Net of Discount
$
6,807

 
 

 
$
7,074

 
 

Less Amounts Due Within One Year
 

 
 

 
 

 
 

Capital Lease and Other Obligations
(61
)
 
 

 
(63
)
 
 

Long-Term Debt Due After One Year
$
6,746

 
 

 
$
7,011

 
 


(1) 
In fourth quarter 2017, we repaid $550 million of borrowings under the Term Loan Facility and $18 million of our outstanding Senior Notes due June 1, 2022.
(2)  
In third quarter 2017, we redeemed all of our Senior Notes due March 1, 2019 and issued Senior Notes due January 15, 2028 and August 15, 2047.
(3)  
Includes $8 million of Senior Notes due June 1, 2024 and $84 million of Senior Debentures due August 1, 2097. The weighted average interest rate for these instruments is 7.13%.
(4)  
The reduction from 2016 includes $41 million related to other obligations for drilling commitments assumed by the acquirer of the Marcellus Shale upstream assets and $60 million of capital lease principal payments.
Annual maturities of outstanding debt
Annual maturities of outstanding debt, excluding capital lease payments, as of December 31, 2017 are as follows:
(millions)
Debt
Principal
Payments
2018
$

2019

2020
230

2021
1,464

2022

Thereafter
4,892

Total
$
6,586