Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.

Text: devon energy corporation and subsidiaries notes to consolidated financial statements 2013 ( continued ) debt maturities as of december 31 , 2013 , excluding premiums and discounts , are as follows ( in millions ) : . <table class='wikitable'><tr><td>1</td><td>2014</td><td>$ 4067</td></tr><tr><td>2</td><td>2015</td><td>2014</td></tr><tr><td>3</td><td>2016</td><td>500</td></tr><tr><td>4</td><td>2017</td><td>750</td></tr><tr><td>5</td><td>2018</td><td>125</td></tr><tr><td>6</td><td>2019 and thereafter</td><td>6600</td></tr><tr><td>7</td><td>total</td><td>$ 12042</td></tr></table> credit lines devon has a $ 3.0 billion syndicated , unsecured revolving line of credit ( the 201csenior credit facility 201d ) that matures on october 24 , 2018 . however , prior to the maturity date , devon has the option to extend the maturity for up to one additional one-year period , subject to the approval of the lenders . amounts borrowed under the senior credit facility may , at the election of devon , bear interest at various fixed rate options for periods of up to twelve months . such rates are generally less than the prime rate . however , devon may elect to borrow at the prime rate . the senior credit facility currently provides for an annual facility fee of $ 3.8 million that is payable quarterly in arrears . as of december 31 , 2013 , there were no borrowings under the senior credit facility . the senior credit facility contains only one material financial covenant . this covenant requires devon 2019s ratio of total funded debt to total capitalization , as defined in the credit agreement , to be no greater than 65 percent . the credit agreement contains definitions of total funded debt and total capitalization that include adjustments to the respective amounts reported in the accompanying financial statements . also , total capitalization is adjusted to add back noncash financial write-downs such as full cost ceiling impairments or goodwill impairments . as of december 31 , 2013 , devon was in compliance with this covenant with a debt-to- capitalization ratio of 25.7 percent . commercial paper devon has access to $ 3.0 billion of short-term credit under its commercial paper program . commercial paper debt generally has a maturity of between 1 and 90 days , although it can have a maturity of up to 365 days , and bears interest at rates agreed to at the time of the borrowing . the interest rate is generally based on a standard index such as the federal funds rate , libor , or the money market rate as found in the commercial paper market . as of december 31 , 2013 , devon 2019s weighted average borrowing rate on its commercial paper borrowings was 0.30 percent . other debentures and notes following are descriptions of the various other debentures and notes outstanding at december 31 , 2013 , as listed in the table presented at the beginning of this note . geosouthern debt in december 2013 , in conjunction with the planned geosouthern acquisition , devon issued $ 2.25 billion aggregate principal amount of fixed and floating rate senior notes resulting in cash proceeds of approximately .
Question: what is the total debt maturities for 2016 and 2017?
Answer: 1250.0
Question: what is the total debt maturities?
Answer: 12042.0
Question: what percentage of total debt maturities does debt due in 2016 and 2017 represent?

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