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Debt (Tables)
 9 Months Ended
Sep. 30, 2019
Debt Disclosure [Abstract]  
Schedule of debt

The following table summarizes our debt:
 
Maturity
Interest Rate(s)(1) Per Annum at
September 30,
December 31,
(in millions)
Dates
September 30, 2019
2019
2018
Unsecured notes
2020
to
2028
2.60%
to
4.38%
$
4,050

$
4,050

Financing arrangements secured by aircraft:
 
 
 
 
 
 
 
 
Certificates(2)
2019
to
2027
3.20%
to
8.02%
1,999

1,837

Notes(2)
2019
to
2025
2.62%
to
6.37%
1,246

1,787

NYTDC Special Facilities Revenue Bonds, Series 2018(2)
2022
to
2036
4.00%
to
5.00%
1,383

1,383

Other financings(2)(3)
2021
to
2030
3.02%
to
8.75%
196

251

2018 Unsecured Revolving Credit Facility
2021
to
2023
undrawn
variable
—

—

Other revolving credit facilities
2020
to
2021
undrawn
variable
—

—

Total secured and unsecured debt
 
 
 
 
 
 
8,874

9,308

Unamortized premium and debt issue cost, net and other
 
 
 
 
 
 
151

60

Total debt
 
 
 
 
 
 
9,025

9,368

Less: current maturities
 
 
 
 
 
 
(1,953
)
(1,409
)
Total long-term debt
 
 
 
 
 
 
$
7,072

$
7,959

 
(1) 
Certain aircraft and other financings are comprised of variable rate debt. All variable rates are equal to LIBOR (generally subject to a floor) or another index rate, in each case plus a specified margin.
(2) 
Due in installments.
(3) 
Primarily includes unsecured bonds and debt secured by certain accounts receivable and real estate.
Schedule of pass through certificates The details of the 2019-1 EETC, which is secured by 14 aircraft, are shown in the table below:

(in millions)
Total Principal
Fixed Interest Rate
Issuance Date
Final Maturity Date
2019-1 Class AA Certificates
$
425

3.204%
March 2019
April 2024
2019-1 Class A Certificates
75

3.404%
March 2019
April 2024
Total
$
500

 
 
 
Schedule of line of credit facilities
The table below shows availability under revolving credit facilities, all of which were undrawn, as of September 30, 2019:
(in millions)
 
2018 Unsecured Revolving Credit Facility
$
2,650

Other revolving credit facilities
456

Total availability under revolving credit facilities
$
3,106
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)
September 30,
2019
December 31,
2018
Total debt at par value
$
8,874

$
9,308

Unamortized premium and debt issue cost, net and other
151

60

Net carrying amount
$
9,025

$
9,368

 
 
 
Fair value
$
9,300

$
9,400