Borrowings

 
2017
 
2016
 
 
Total
Of which current
Total
Of which current
     
Debenture loans
2,542
-
3,290
749
Commercial paper
-
-
-
-
     
Total
2,542
-
3,290
749

At 31 December 2017, there were four debenture loans (€2,542 million, maturing in 2019, and 2022 through 2026).

The repayment schedule for borrowings (excluding commercial paper) is as follows:

Borrowings by maturity

 
2017
2016
   
2017
-
749
2018
-
-
2019
300
300
2020 and 2021
-
-
2022 through 2026
2,242
2,241
   
   
Total
2,542
3,290

In agreements governing loans with a residual amount at year-end 2017 of €2,542 million, of which zero is of a current nature (31 December 2016: €3,290 million, of which €749 million was of a current nature), clauses have been included which restrict the provision of security. More information on borrowings is provided in Note 19 to the 'Consolidated financial statements', 'Borrowings'.