Debt (Tables) |
12 Months Ended |
|---|---|
Dec. 31, 2021 | |
| Debt [Abstract] | |
| Schedule of Debt | Long-term debt at December 31 was: Millions of Dollars 2021 2020 9.125 % Debentures due 2021 $ - 123 2.4 % Notes due 2022 329 329 7.65 % Debentures due 2023 78 78 3.35 % Notes due 2024 426 426 8.2 % Debentures due 2025 134 134 3.35 % Notes due 2025 199 199 6.875 % Debentures due 2026 67 67 4.95 % Notes due 2026 1,250 1,250 7.8 % Debentures due 2027 203 203 3.75 % Notes due 2027 981 - 3.75 % Notes due 2027 19 - 4.3 % Notes due 2028 973 - 4.3 % Notes due 2028 27 - 7.375 % Debentures due 2029 92 92 7 % Debentures due 2029 200 200 6.95 % Notes due 2029 1,549 1,549 8.125 % Notes due 2030 390 390 2.4 % Notes due 2031 489 - 2.4 % Notes due 2031 11 - 7.2 % Notes due 2031 575 575 7.25 % Notes due 2031 500 500 7.4 % Notes due 2031 500 500 5.9 % Notes due 2032 505 505 4.15 % Notes due 2034 246 246 5.95 % Notes due 2036 500 500 5.951 % Notes due 2037 645 645 5.9 % Notes due 2038 600 600 6.5 % Notes due 2039 2,750 2,750 4.3 % Notes due 2044 750 750 5.95 % Notes due 2046 500 500 7.9 % Debentures due 2047 60 60 4.875 % Notes due 2047 800 - 4.85 % Notes due 2048 590 - 4.85 % Notes due 2048 10 - Floating rate notes due 2022 at 1.02 % – 1.12 % during 2021 and 1.12 % – 2.81 % during 2020 500 500 Marine Terminal 0.04 % – 0.15 % during 0.1 % – 7.5 % during 2020 265 265 Industrial Development Bonds due 2035 at 0.04 % – 0.12 % during 2021 and 0.11 % – 7.5 % during 2020 18 18 Commercial Paper at 0.05 % – 0.22 % during 2021 - 300 Other 35 38 Debt at face value 17,766 14,292 Finance leases 1,261 891 Net unamortized premiums, discounts and debt 907 186 Total 19,934 15,369 Short-term debt (1,200) (619) Long-term debt $ 18,734 14,750 |