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Contractual Obligations

Contractual Obligations

INTEREST PAYMENTS
Year ended December 31 (millions of dollars)
Payments Due by Period
  Total Less than one year 1 – 3 years 3 – 5 years More than 5 years
Interest payments on long-term debt 14,508 1,072 1,995 1,794 9,647
Interest payments on junior subordinated notes 662 78 156 156 272
Interest payments on long-term debt of joint ventures 328 61 76 56 135
Total interest payments 15,498 1,211 2,227 2,006 10,054