The components of our long-term debt, including the current portion, and the associated interest rates were as follows as of June 30, 2013 and 2012:
Due Date |
Face Value June 30, 2013 |
Face Value
June 30, |
Stated Rate |
Effective Rate |
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(In millions) | ||||||||||||||||
Notes | ||||||||||||||||
September 27, 2013 |
$ | 1,000 | $ | 1,000 | 0.875% | 1.000% | ||||||||||
June 1, 2014 |
2,000 | 2,000 | 2.950% | 3.049% | ||||||||||||
September 25, 2015 |
1,750 | 1,750 | 1.625% | 1.795% | ||||||||||||
February 8, 2016 |
750 | 750 | 2.500% | 2.642% | ||||||||||||
November 15, 2017 (a) |
600 | * | 0.875% | 1.084% | ||||||||||||
May 1, 2018 (b) |
450 | * | 1.000% | 1.106% | ||||||||||||
June 1, 2019 |
1,000 | 1,000 | 4.200% | 4.379% | ||||||||||||
October 1, 2020 |
1,000 | 1,000 | 3.000% | 3.137% | ||||||||||||
February 8, 2021 |
500 | 500 | 4.000% | 4.082% | ||||||||||||
November 15, 2022 (a) |
750 | * | 2.125% | 2.239% | ||||||||||||
May 1, 2023 (b) |
1,000 | * | 2.375% | 2.465% | ||||||||||||
May 2, 2033 (c) |
715 | * | 2.625% | 2.690% | ||||||||||||
June 1, 2039 |
750 | 750 | 5.200% | 5.240% | ||||||||||||
October 1, 2040 |
1,000 | 1,000 | 4.500% | 4.567% | ||||||||||||
February 8, 2041 |
1,000 | 1,000 | 5.300% | 5.361% | ||||||||||||
November 15, 2042 (a) |
900 | * | 3.500% | 3.571% | ||||||||||||
May 1, 2043 (b) |
500 | * | 3.750% | 3.829% | ||||||||||||
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Total |
15,665 | 10,750 | ||||||||||||||
Convertible Debt | ||||||||||||||||
June 15, 2013 |
0 | 1,250 | 0.000% | 1.849% | ||||||||||||
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Total |
$ | 15,665 | $ | 12,000 | ||||||||||||
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(a) |
In November 2012, we issued $2.25 billion of debt securities. |
(b) |
In April 2013, we issued $1.95 billion of debt securities. |
(c) |
In April 2013, we issued €550 million of debt securities. |
* |
Not applicable. |