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Debt (Tables)
 12 Months Ended
Dec. 31, 2019
Debt Disclosure [Abstract]  
Schedule of debt
The following table summarizes our debt:
Maturity
Interest Rate(s)(1)
 Per Annum at
December 31,
(in millions)DatesDecember 31, 201920192018
Unsecured notes2020to20292.60%  to4.38%  $5,550  $4,050  
Financing arrangements secured by aircraft:
Certificates(2)
2020to20273.20%  to8.02%  1,669  1,837  
Notes(2)
2020to20251.99%  to6.08%  1,193  1,787  
NYTDC Special Facilities Revenue Bonds, Series 2018(2)
2022to20364.00%  to5.00%  1,383  1,383  
Other financings(2)(3)
2021to20302.51%  to8.75%  196  251  
2018 Unsecured Revolving Credit Facility2021to2023undrawn  
variable
—  —  
Other revolving credit facilities2020to2021undrawn  
variable
—  —  
Total secured and unsecured debt9,991  9,308  
Unamortized premium and debt issuance cost, net and other115  60  
Total debt10,106  9,368  
Less: current maturities(2,054) (1,409) 
Total long-term debt$8,052  $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 PrincipalFixed Interest RateIssuance DateFinal Maturity Date
2019-1 Class AA Certificates$425  3.204 %March 2019April 2024
2019-1 Class A Certificates75  3.404 %March 2019April 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 December 31, 2019:

(in millions)
2018 Unsecured Revolving Credit Facility$2,650  
Other revolving credit facilities459  
Total availability under revolving credit facilities$3,109  
Summary of scheduled maturities of debt
The following table summarizes scheduled maturities of our debt for the years succeeding December 31, 2019:


(in millions)		Total DebtAmortization of
Debt Premium and Debt Issuance Cost, net and other
2020$2,060  $13  
20211,094  15  
20221,708  16  
2023932  11  
20241,508  10  
Thereafter2,689  50  
Total$9,991  $115  $10,106  
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. Debt is primarily classified as Level 2 within the fair value hierarchy.
December 31,
(in millions)20192018
Net carrying amount$10,106  $9,368  
Fair value$10,400  $9,400