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Borrowings
 3 Months Ended
Mar. 31, 2020
Debt Disclosure [Abstract]  
Borrowings BORROWINGS
Short-term and long-term borrowings are comprised of the following:
March 31, 2020December 31, 2019
Short-term borrowings
Short-term borrowings from GE$156  $273  
Other borrowings54  48  
Total short-term borrowings210  321  
Long-term borrowings      
2.773% Senior Notes due December 2022
1,247  1,246  
8.55% Debentures due June 2024
126  127  
   3.337% Senior Notes due December 2027
1,344  1,343  
6.875% Notes due January 2029
287  289  
3.138% Senior Notes due November 2029
522  522  
5.125% Senior Notes due September 2040
1,300  1,301  
4.08% Senior Notes due December 2047
1,337  1,337  
Other long-term borrowings122  136  
Total long-term borrowings6,285  6,301  
Total borrowings$6,495  $6,622  
Baker Hughes Co-Obligor, Inc. is a co-obligor, jointly and severally with BHH LLC on our long-term debt securities.  This co-obligor is a 100%-owned finance subsidiary of BHH LLC that was incorporated for the sole purpose of serving as a corporate co-obligor of long-term debt securities and has no assets or operations other than those related to its sole purpose. As of March 31, 2020, Baker Hughes Co-Obligor, Inc. is a co-obligor of our long-term debt securities totaling $6,163 million.
Certain Senior Notes contain covenants that restrict our ability to take certain actions, including, but not limited to, the creation of certain liens securing debt, the entry into certain sale-leaseback transactions and engaging in
certain merger, consolidation and asset sale transactions in excess of specified limits. At March 31, 2020, we were in compliance with all debt covenants.
The estimated fair value of total borrowings at March 31, 2020 and December 31, 2019 was $5,866 million and $6,847 million, respectively. For a majority of our borrowings the fair value was determined using quoted period-end market prices. Where market prices are not available, we estimate fair values based on valuation methodologies using current market interest rate data adjusted for our non-performance risk.
See "Note 15. Related Party Transactions" for additional information on the short-term borrowings from GE.