Note F – Long-term Debt


	December 31
(Thousands of dollars)	2013			2012
Notes payable
2.50% notes, due 2017	$	550,000			550,000
3.70% notes, due 2022		600,000			600,000
4.00% notes, due 2022		500,000			500,000
7.05% notes, due 2029		250,000			250,000
5.125% notes, due 2042		350,000			350,000
Notes payable to banks, 1.4375% at December 31, 2013		350,000			0
Other, 6%, due through 2028		0			1,169

Total notes payable		2,600,000			2,251,169
Unamortized discount on notes payable		(5,439	)		(5,922	)

Total notes payable, net of unamortized discount		2,594,561			2,245,247
Capitalized lease obligation, due through June 2028		368,251			0

Total debt including current maturities		2,962,812			2,245,247
Current maturities		(26,249	)		(46	)

Total long-term debt	$	2,936,563			2,245,201

Long-term debt amounts repayable over each of the next five years and thereafter are as follows: $26,249,000 in 2014, $17,921,000 in 2015, $18,819,000 in 2016, $919,700,000 in 2017, $20,752,000 in 2018 and $1,959,371,000 thereafter.

The capitalized lease obligation included in the above table is associated with production facilities at the Kakap field, offshore Sarawak, Malaysia. The facilities are utilized by the Company under a 25 year lease that extends through 2038.