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DEBT DEBT (Tables)
9 Months Ended
Sep. 30, 2018
Debt Instrument [Line Items]  
Debt [Table Text Block]
The following table sets forth our consolidated debt for the periods indicated:
 
 
September 30,
2018
 
December 31,
2017
 
 
(Thousands of dollars)
Commercial paper outstanding, bearing a weighted-average interest rate of 2.85% and 2.23% as of
September 30, 2018, and December 31, 2017, respectively.
$
120,000

 
$
614,673

Senior unsecured obligations:
 
 
 
 
$425,000 at 3.2% due September 2018
 

 
425,000

$1,000,000 term loan, rate of 2.87% as of December 31, 2017, due January 2019
 

 
500,000

$500,000 at 8.625% due March 2019
 
500,000

 
500,000

$300,000 at 3.8% due March 2020
 
300,000

 
300,000

$700,000 at 4.25% due February 2022
 
547,397

 
547,397

$900,000 at 3.375 % due October 2022
 
900,000

 
900,000

$425,000 at 5.0 % due September 2023
 
425,000

 
425,000

$500,000 at 7.5% due September 2023
 
500,000

 
500,000

$500,000 at 4.9 % due March 2025
 
500,000

 
500,000

$500,000 at 4.0% due July 2027
 
500,000

 
500,000

$800,000 at 4.55% due July 2028
 
800,000

 

$100,000 at 6.875% due September 2028
 
100,000

 
100,000

$400,000 at 6.0% due June 2035
 
400,000

 
400,000

$600,000 at 6.65% due October 2036
 
600,000

 
600,000

$600,000 at 6.85% due October 2037
 
600,000

 
600,000

$650,000 at 6.125% due February 2041
 
650,000

 
650,000

$400,000 at 6.2% due September 2043
 
400,000

 
400,000

$700,000 at 4.95% due July 2047
 
700,000

 
700,000

$450,000 at 5.2% due July 2048
 
450,000

 

Guardian Pipeline
 
 
 
 
Weighted average 7.85% due December 2022
 
30,870

 
36,607

Total debt
 
9,023,267

 
9,198,677

Unamortized portion of terminated swaps
 
17,179

 
18,468

Unamortized debt issuance costs and discounts
 
(87,088
)
 
(78,193
)
Current maturities of long-term debt
 
(507,650
)
 
(432,650
)
Short-term borrowings (a)
 
(120,000
)
 
(614,673
)
Long-term debt
 
$
8,325,708

 
$
8,091,629


(a) - Individual issuances of commercial paper under our commercial paper program generally mature in 90 days or less. These issuances are supported by and reduce the borrowing capacity under our $2.5 Billion Credit Agreement.