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Long-Term Debt
12 Months Ended
Dec. 31, 2017
Debt Disclosure [Abstract]  
Long-Term Debt
Long-Term Debt
Total long-term debt, excluding capital leases, at December 31, 2017, was $33,477. The company’s long-term debt outstanding at year-end 2017 and 2016 was as follows:
 
At December 31
 
 
2017

 
 
2016

 
Principal

 
 
Principal

3.191% notes due 2023
$
2,250

 
 
$
2,250

2.954% notes due 2026
2,250

 
 
2,250

1.718% notes due 2018
2,000

 
 
2,000

2.355% notes due 2022
2,000

 
 
2,000

1.365% notes due 2018
1,750

 
 
1,750

1.961% notes due 2020
1,750

 
 
1,750

Floating rate notes due 2018 (1.833%)1
1,650

 
 
1,650

4.950% notes due 2019
1,500

 
 
1,500

1.561% notes due 2019
1,350

 
 
1,350

2.100% notes due 2021
1,350

 
 
1,350

1.790% notes due 2018
1,250

 
 
1,250

2.419% notes due 2020
1,250

 
 
1,250

2.427% notes due 2020
1,000

 
 
1,000

2.895% notes due 2024
1,000

 
 

Floating rate notes due 2019 (1.684%)1
850

 
 
400

2.193% notes due 2019
750

 
 
750

2.566% notes due 2023
750

 
 
750

3.326% notes due 2025
750

 
 
750

2.498% notes due 2022
700

 
 

2.411% notes due 2022
700

 
 
700

Floating rate notes due 2021 (2.109%)1
650

 
 
650

Floating rate notes due 2022 (1.994%)1
650

 
 
350

1.991% notes due 2020
600

 
 

1.686% notes due 2019
550

 
 

Floating rate notes due 2020 (1.697%)2
400

 
 

8.625% debentures due 2032
147

 
 
147

8.625% debentures due 2031
108

 
 
108

8.000% debentures due 2032
75

 
 
75

Amortizing bank loan due 2018 (2.179%)2
72

 
 
178

9.750% debentures due 2020
54

 
 
54

8.875% debentures due 2021
40

 
 
40

Medium-term notes, maturing from 2021 to 2038 (6.283%)1
38

 
 
38

Floating rate notes due 2017

 
 
2,050

1.104% notes due 2017

 
 
2,000

1.345% notes due 2017

 
 
1,100

1.344% notes due 2017

 
 
1,000

Total including debt due within one year
30,234

 
 
32,490

   Debt due within one year
(6,722
)
 
 
(6,256
)
   Reclassified from short-term debt
10,000

 
 
9,000

Unamortized discounts and debt issuance costs
(35
)
 
 
(41
)
Total long-term debt
$
33,477

 
 
$
35,193

1 
Weighted-average interest rate at December 31, 2017.
2 
Interest rate at December 31, 2017.

Chevron has an automatic shelf registration statement that expires in August 2018. This registration statement is for an unspecified amount of nonconvertible debt securities issued or guaranteed by the company.
Long-term debt with a principal balance of $30,234 matures as follows: 2018$6,722; 2019$5,000; 2020$5,054; 2021$2,054; 2022$4,050; and after 2022$7,354.
The company completed a bond issuance of $4,000 in first quarter 2017.
See Note 10, beginning on page 64, for information concerning the fair value of the company’s long-term debt.