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Debt (Tables) | 9 Months Ended
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Sep. 30, 2019
Debt Disclosure [Abstract] |
Summary of credit facilities | We had outstanding borrowings, letters of credit issued, and availability under our credit facilities as follows (amounts in millions and currency in U.S. dollars, except as noted):
|  |  |  |  |  | September 30, 2019
|  | Facility Amount |  | Maturity Date |  | Outstanding Borrowings |  | Letters of Credit Issued (a) |  | Availability
Committed facilities: |  |  |  |  |  |  |  |  |  |
Valero Revolver |  | $ | 4,000 |  |  | March 2024 |  | $ | — |  |  | $ | 34 |  |  | $ | 3,966 |
Canadian Revolver (b) |  | C$ | 150 |  |  | November 2019 |  | C$ | — |  |  | C$ | 5 |  |  | C$ | 145 |
Accounts receivable sales facility |  | $ | 1,300 |  |  | July 2020 |  | $ | 100 |  |  | n/a |  |  | $ | 1,200 |
Letter of credit facility (c) |  | $ | 100 |  |  | November 2019 |  | n/a |  |  | $ | — |  |  | $ | 100 |
Committed facilities of VIE (d): |  |  |  |  |  |  |  |  |  |
IEnova Revolver |  | $ | 340 |  |  | February 2028 |  | $ | 257 |  |  | n/a |  |  | $ | 83 |
Uncommitted facilities: |  |  |  |  |  |  |  |  |  |
Letter of credit facilities |  | n/a |  |  | n/a |  | n/a |  |  | $ | 129 |  |  | n/a |
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(a) | Letters of credit issued as of September 30, 2019 expire at various times in 2019 through 2020.
(b) | The Canadian Revolver was amended in November 2019 to extend the maturity date from November 2019 to November 2020.
(c) | The letter of credit facility was amended in November 2019 to reduce the facility from $100 million to $50 million and to extend the maturity date from November 2019 to November 2020.
(d) Creditors of our VIE do not have recourse against us.
Interest and debt expense, net of capitalized interest | “Interest and debt expense, net of capitalized interest” is comprised of the following (in millions):
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2019 |  | 2018 |  | 2019 |  | 2018
Interest and debt expense | $ | 133 |  |  | $ | 134 |  |  | $ | 405 |  |  | $ | 417 |
Less capitalized interest | 22 |  |  | 23 |  |  | 70 |  |  | 61 |
Interest and debt expense, net of capitalized interest | $ | 111 |  |  | $ | 111 |  |  | $ | 335 |  |  | $ | 356 |

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- Definition Tabular disclosure of short-term or long-term contractual arrangements with lenders, including letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19(b),22(b)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(e),(f)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 + Details
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