December 31, 2013 | December 31, 2012 | ||||||||||||
(in millions) | Amount Outstanding | Average Year-End Rate | Amount Outstanding | Average Year-End Rate | |||||||||
Commercial paper | $ | 1,387 | 0.1 | % | $ | 1,972 | 0.2 | % | |||||
Bank loans | 1,013 | 5.7 | 447 | 6.6 | |||||||||
$ | 2,400 | $ | 2,419 |
(in millions) | 2013 | 2012 | |||||
U.S. dollar notes, 0.287% to 6.875% (average interest rate 4.105%), due through 2043 | $ | 16,500 | $ | 14,702 | |||
Foreign currency obligations: | |||||||
Euro notes, 1.750% to 5.875% (average interest rate 3.340%), due through 2033 | 7,303 | 3,724 | |||||
Swiss franc notes, 0.875% to 2.000% (average interest rate 1.240%), due through 2021 | 1,289 | 1,579 | |||||
Other (average interest rate 3.621%), due through 2024 | 186 | 415 | |||||
25,278 | 20,420 | ||||||
Less current portion of long-term debt | 1,255 | 2,781 | |||||
$ | 24,023 | $ | 17,639 |
(in millions) | ||||||||
Type | Face Value | Interest Rate | Issuance | Maturity | ||||
U.S. dollar notes | $1,250 | 6.875% | November 2008 | March 2014 | ||||
U.S. dollar notes | $400 | Floating | March 2013 | February 2015 | ||||
U.S. dollar notes | $650 | 2.500% | May 2011 | May 2016 | ||||
U.S. dollar notes | $600 | 2.500% | August 2011(a) | May 2016 | ||||
U.S. dollar notes | $550 | 1.625% | March 2012 | March 2017 | ||||
U.S. dollar notes | $750 | 1.125% | August 2012 | August 2017 | ||||
U.S. dollar notes | $2,500 | 5.650% | May 2008 | May 2018 | ||||
U.S. dollar notes | $750 | 1.875% | November 2013 | January 2019 | ||||
U.S. dollar notes | $1,000 | 4.500% | March 2010 | March 2020 | ||||
U.S. dollar notes | $350 | 4.125% | May 2011 | May 2021 | ||||
U.S. dollar notes | $750 | 2.900% | November 2011 | November 2021 | ||||
U.S. dollar notes | $750 | 2.500% | August 2012 | August 2022 | ||||
U.S. dollar notes | $600 | 2.625% | March 2013 | March 2023 | ||||
U.S. dollar notes | $500 | 3.600% | November 2013 | November 2023 | ||||
U.S. dollar notes | $1,500 | 6.375% | May 2008 | May 2038 | ||||
U.S. dollar notes | $750 | 4.375% | November 2011 | November 2041 | ||||
U.S. dollar notes | $700 | 4.500% | March 2012 | March 2042 | ||||
U.S. dollar notes | $750 | 3.875% | August 2012 | August 2042 | ||||
U.S. dollar notes | $850 | 4.125% | March 2013 | March 2043 | ||||
U.S. dollar notes | $750 | 4.875% | November 2013 | November 2043 | ||||
EURO notes | (b) | €750 (approximately $1,105) | 5.875% | September 2008 | September 2015 | |||
EURO notes | (b) | €750 (approximately $976) | 5.750% | March 2009 | March 2016 | |||
EURO notes | (b) | €750 (approximately $951) | 2.125% | May 2012 | May 2019 | |||
EURO notes | (b) | €1,250 (approximately $1,621) | 1.750% | March 2013 | March 2020 | |||
EURO notes | (b) | €600 (approximately $761) | 2.875% | May 2012 | May 2024 | |||
EURO notes | (b) | €750 (approximately $972) | 2.750% | March 2013 | March 2025 | |||
EURO notes | (b) | €500 (approximately $648) | 3.125% | June 2013 | June 2033 | |||
Swiss franc notes | (b) | CHF325 (approximately $362) | 1.000% | December 2011 | December 2016 | |||
Swiss franc notes | (b) | CHF200 (approximately $217) | 0.875% | March 2013 | March 2019 | |||
Swiss franc notes | (b) | CHF325 (approximately $334) | 1.000% | September 2012 | September 2020 | |||
Swiss franc notes | (b) | CHF300 (approximately $335) | 2.000% | December 2011 | December 2021 | |||
(in millions) | |||
2014 | $ | 1,255 | |
2015 | 1,439 | ||
2016 | 2,654 | ||
2017 | 1,302 | ||
2018 | 2,502 | ||
2019-2023 | 8,389 | ||
2024-2028 | 2,010 | ||
Thereafter | 5,988 | ||
25,539 | |||
Debt discounts | (261 | ) | |
Total long-term debt | $ | 25,278 |
Type (in billions of dollars) | Committed Credit Facilities | Commercial Paper | |||||
364-day revolving credit, expiring February 11, 2014 | $ | 2.0 | |||||
Multi-year revolving credit, expiring March 31, 2015 | 2.5 | ||||||
Multi-year revolving credit, expiring October 25, 2016 | 3.5 | ||||||
Total facilities | $ | 8.0 | |||||
Commercial paper outstanding | $ | 1.4 |