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Long-Term Debt (Tables)
 6 Months Ended
Jun. 30, 2018
Debt Disclosure [Abstract]  
Schedule of long-term debt The following table summarizes our long-term debt:
 
Maturity
Interest Rate(s)(5) Per Annum at
June 30,
December 31,
(in millions)
Dates
June 30, 2018
2018
2017
Pacific Facilities:
 
 
 
 
 
 
 
 
Pacific Term Loan B-1
n/a
n/a
 
n/a
$
—

$
1,048

Pacific Revolving Credit Facility
n/a
n/a
 
n/a
—

—

2015 Credit Facilities:
 
 
 
 
 
 
 
 
Term Loan Facility
n/a
n/a
 
n/a
—

490

Revolving Credit Facility
n/a
n/a
 
n/a
—

—

Financing arrangements secured by aircraft:
 
 
 
 
 
 
 
 
Certificates(1)
2018
to
2027
3.63%
to
8.02%
2,207

2,380

Notes(1)
2018
to
2027
2.75%
to
6.76%
1,647

1,961

2018 Unsecured notes
2021
to
2028
3.40%
to
4.38%
1,600

—

2018 Unsecured revolving credit facility
2021
to
2023
undrawn
variable(4)
—

—

NYTDC Special Facilities Revenue Bonds, Series 2018(1)
2022
to
2036
4.00%
to
5.00%
1,383

—

Other unsecured notes
2020
to
2022
2.60%
to
3.63%
2,450

2,450

Other financings(1)(2)
2019
to
2030
1.81%
to
8.75%
204

210

Other revolving credit facilities(3)
2019
to
2021
undrawn
variable(4)
—

—

Total secured and unsecured debt
 
 
 
 
 
 
9,491

8,539

Unamortized premium (discount) and debt issue cost, net
 
 
 
 
 
 
23

(99
)
Total debt
 
 
 
 
 
 
9,514

8,440

Less: current maturities
 
 
 
 
 
 
(1,256
)
(2,145
)
Total long-term debt
 
 
 
 
 
 
$
8,258

$
6,295

 
(1) 
Due in installments.
(2) 
Primarily includes unsecured bonds and debt secured by certain accounts receivable and real estate.
(3) 
Guaranteed by substantially all of our domestic subsidiaries (the "Guarantors"). As of June 30, 2018, we have $436 million available under these revolving credit facilities, all of which are undrawn.
(4) 
Interest rate equal to LIBOR (generally subject to a floor) or another index rate, in each case plus a specified margin.
(5) 
Certain aircraft and other financings are comprised of variable rate debt.
Schedule of estimated fair value of debt instruments The fair value of debt, shown below, is principally based on reported market values, recently completed market transactions and estimates based on interest rates, maturities, credit risk and underlying collateral. Long-term debt is primarily classified as Level 2 within the fair value hierarchy.    
(in millions)
June 30,
2018
December 31,
2017
Total debt at par value
$
9,491

$
8,539

Unamortized premium (discount) and debt issue cost, net

23

(99
)
Net carrying amount
$
9,514

$
8,440

 
 
 
Fair value
$
9,700

$
8,700