The following summarizes the Company’s borrowing activity, after eliminating the effect of intercompany transactions, during the three months ended March 31, 2019:



		Carrying Value
millions	Anadarko ⁽¹⁾				WES				Anadarko Consolidated				Description
Balance at December 31, 2018		$	11,354			$	4,815			$	16,169
Borrowings
		—				2,000				2,000			WES 364-Day Facility
		—				420				420			WES RCF
Repayments
		(600		)		—				(600		)	8.700 % Senior Notes due 2019
		(300		)		—				(300		)	6.950 % Senior Notes due 2019
		—				(28		)		(28		)	WGP RCF
Other, net		12				1				13			Amortization of discounts, premiums, and debt issuance costs
Balance at March 31, 2019		$	10,466			$	7,208			$	17,674


⁽¹⁾	Excludes WES.

Debt The following summarizes the Company’s outstanding debt, including finance lease liabilities, after eliminating the effect of intercompany transactions:



millions	Anadarko ⁽¹⁾				WES				Anadarko Consolidated
March 31, 2019
Total borrowings at face value		$	11,893			$	7,260			$	19,153
Net unamortized discounts, premiums, and debt issuance costs ⁽²⁾		(1,427		)		(52		)		(1,479		)
Total borrowings ⁽³⁾		10,466				7,208				17,674
Finance lease liabilities		250				—				250
Less short-term debt		21				2,000				2,021
Total long-term debt		$	10,695			$	5,208			$	15,903

December 31, 2018
Total borrowings at face value		$	12,793			$	4,868			$	17,661
Net unamortized discounts, premiums, and debt issuance costs ⁽²⁾		(1,439		)		(53		)		(1,492		)
Total borrowings ⁽³⁾		11,354				4,815				16,169
Finance lease liabilities		248				—				248
Less short-term debt		919				28				947
Total long-term debt		$	10,683			$	4,787			$	15,470


⁽¹⁾	Excludes WES.


⁽²⁾	Unamortized discounts, premiums, and debt issuance costs are amortized over the term of the related debt. Debt issuance costs related to RCFs are included in other current assets and other assets on the Company’s Consolidated Balance Sheets.


⁽³⁾	The Company’s outstanding borrowings, except for borrowings under the WGP RCF, are senior unsecured.