Maturity | December 31, | ||||||||||
Dates | Rate (1) | 2013 | 2012 | ||||||||
(in millions) | |||||||||||
Fixed-rate notes: | |||||||||||
Surplus notes | 2015-2025 | 5.36%-8.30% | $ | 941 | $ | 940 | |||||
Surplus notes subject to set-off arrangements | 2021-2033 | 3.52%-5.26% | 2,400 | 1,000 | |||||||
Senior notes(2) | 2014-2043 | 2.21%-11.31% | 12,151 | 13,537 | |||||||
Floating-rate notes: | |||||||||||
Surplus notes | 2016-2052 | 0.51%-3.52% | 3,200 | 3,200 | |||||||
USD-denominated senior notes | 2014-2023 | 1.02%-4.91% | 677 | 293 | |||||||
Foreign currency-denominated senior notes | (3) | 0.84%-3.13% | 100 | 490 | |||||||
Junior subordinated notes | 2042-2068 | 5.20%-8.88% | 4,884 | 4,594 | |||||||
Prudential Holdings, LLC notes (the "IHC debt"): | |||||||||||
Series A | 2017(4) | 1.12%-1.18% | 238 | 285 | |||||||
Series B | 2023(4) | 7.245% | 777 | 777 | |||||||
Series C | 2023(4) | 8.695% | 585 | 613 | |||||||
Subtotal | 25,953 | 25,729 | |||||||||
Less: assets under set-off arrangements(5) | 2,400 | 1,000 | |||||||||
Total long-term debt(6) | $ | 23,553 | $ | 24,729 |