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Fair Value of Financial Instruments Fair value by balance sheet grouping table (Tables)
9 Months Ended
Sep. 30, 2018
Fair Value Disclosures [Abstract]  
Schedule of Carrying Values and Estimated Fair Values of Debt Instruments The carrying amount and fair value of our total debt, including short-term borrowings and current maturities of long-term debt, is as follows:
 
September 30, 2018
 
December 31, 2017
Millions of dollars
Level 1
Level 2
Total fair value
Carrying value
 
Level 1
Level 2
Total fair value
Carrying value
Total debt
$
8,119

$
3,284

$
11,403

$
10,459

 
$
3,285

$
9,172

$
12,457

$
10,942