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Debt | 3 Months Ended
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Mar. 31, 2020
Debt Disclosure [Abstract] |
Debt | Debt The Company’s debt consisted of the following:
(In millions) |  | March 31, 2020 |  | December 31, 2019
Short-term and current maturities of long-term debt: |  |  |  |
Lines of credit |  | $ | 157 |  |  | $ | 150 |
Finance lease and other financing obligations |  | 181 |  |  | 137 |
Total short-term and current maturities of long-term debt |  | $ | 338 |  |  | $ | 287 |
Long-term debt: |  |  |  |
2.7% senior notes due 2020 |  | $ | 850 |  |  | $ | 850 |
4.75% senior notes due 2021 |  | 400 |  |  | 400 |
3.5% senior notes due 2022 |  | 700 |  |  | 700 |
3.8% senior notes due 2023 |  | 1,000 |  |  | 1,000 |
0.375% senior notes due 2023 |  | 557 |  |  | 559 |
2.75% senior notes due 2024 |  | 2,000 |  |  | 2,000 |
3.85% senior notes due 2025 |  | 900 |  |  | 900 |
2.25% senior notes due 2025 |  | 654 |  |  | 687 |
3.2% senior notes due 2026 |  | 2,000 |  |  | 2,000 |
1.125% senior notes due 2027 |  | 557 |  |  | 559 |
4.2% senior notes due 2028 |  | 1,000 |  |  | 1,000 |
3.5% senior notes due 2029 |  | 3,000 |  |  | 3,000 |
1.625% senior notes due 2030 |  | 557 |  |  | 559 |
3.0% senior notes due 2031 |  | 654 |  |  | 687 |
4.4% senior notes due 2049 |  | 2,000 |  |  | 2,000 |
Receivable securitized loan |  | 500 |  |  | 500 |
Term loan facility |  | 1,750 |  |  | 3,950 |
Unamortized discount and deferred financing costs |  | (154 | ) |  | (160 | )
Revolving credit facility |  | 2,251 |  |  | 174 |
Finance lease and other financing obligations |  | 454 |  |  | 247 |
Total long-term debt |  | $ | 21,630 |  |  | $ | 21,612 |
The Company was in compliance with all financial debt covenants during the first quarter of 2020. Annual maturities of the Company’s total debt were as follows at March 31, 2020:
(In millions) |
Year ending December 31, |
Remainder of 2020 | $ | 302 |
2021 | 556 |
2022 | 1,324 |
2023 | 4,774 |
2024 | 3,838 |
Thereafter | 11,328 |
Total principal payments | 22,122 |
Unamortized discount and deferred financing costs | (154 | )
Total debt | $ | 21,968 |
T he Company maintains an amended and restated revolving credit facility, which matures in September 2023, with aggregate commitments available for $3.5 billion of total capacity. At March 31, 2020, the 2.7% senior notes due in June 2020 were classified in the consolidated balance sheet as long-term and within the debt maturity schedule above as maturing in September 2023, the date that the Company’s revolving credit facility expires, as the Company has the intent to refinance this debt on a long-term basis and the ability to do so under its revolving credit facility.

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- Definition The entire disclosure for long-term debt. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -URI http://asc.fasb.org/topic&trid=2208564 + Details
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