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Debt (Tables)
6 Months Ended
Jun. 30, 2019
Debt Disclosure [Abstract]  
Schedule of Debt Outstanding The following summarizes the Company’s borrowing activity, after eliminating the effect of intercompany transactions, during the six months ended June 30, 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 Term Loan Facility
 
 

 
700

 
700

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
 
25

 
2

 
27

Amortization of discounts, premiums, and debt issuance costs
Balance at June 30, 2019
 
$
10,479

 
$
7,489

 
$
17,968

 
(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
 
June 30, 2019
 
 
 
 
 
 
Total borrowings at face value
 
$
11,893

 
$
7,540

 
$
19,433

Net unamortized discounts, premiums, and debt issuance costs (2)
 
(1,414
)
 
(51
)
 
(1,465
)
Total borrowings (3)
 
10,479

 
7,489

 
17,968

Finance lease liabilities
 
261

 

 
261

Less short-term debt
 
31

 

 
31

Total long-term debt
 
$
10,709

 
$
7,489

 
$
18,198

 
 
 
 
 
 
 
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.