Quarterly report pursuant to Section 13 or 15(d)

DEBT AND FINANCING ARRANGEMENTS (Tables)

v3.8.0.1
DEBT AND FINANCING ARRANGEMENTS (Tables)
9 Months Ended
Sep. 30, 2017
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Instruments
The carrying value of our outstanding debt as of September 30, 2017 and December 31, 2016 consists of the following (in millions):
 
Principal
Amount
 
 
 
Carrying Value
 
 
Maturity
 
2017
 
2016
Commercial paper
$
4,120

 
2017-2018
 
$
4,120

 
$
3,250

Fixed-rate senior notes:
 
 
 
 
 
 
 
1.125% senior notes
375

 
2017
 
375

 
374

5.50% senior notes
750

 
2018
 
755

 
769

5.125% senior notes
1,000

 
2019
 
1,027

 
1,043

3.125% senior notes
1,500

 
2021
 
1,567

 
1,584

2.40% senior notes
500

 
2026
 
497

 
497

2.45% senior notes
1,000

 
2022
 
989

 
986

2.35% senior notes
600

 
2022
 
596

 

6.20% senior notes
1,500

 
2038
 
1,482

 
1,481

4.875% senior notes
500

 
2040
 
489

 
489

3.625% senior notes
375

 
2042
 
368

 
367

3.40% senior notes
500

 
2046
 
491

 
491

Floating rate senior notes
400

 
2022
 
398

 

8.375% Debentures:
 
 
 
 
 
 
 
8.375% debentures
424

 
2020
 
453

 
461

8.375% debentures
276

 
2030
 
282

 
282

Pound Sterling notes:
 
 
 
 
 
 
 
5.50% notes
89

 
2031
 
84

 
76

5.125% notes
609

 
2050
 
582

 
535

Euro senior notes:
 
 
 
 
 
 
 
1.625% notes
827

 
2025
 
822

 
732

1.00% notes
591

 
2028
 
587

 
523

Floating rate senior notes
591

 
2020
 
589

 
525

Canadian senior notes:
 
 
 
 
 
 
 
2.125% notes
603

 
2024
 
600

 

Floating rate senior notes
979

 
2049-2067
 
969

 
824

Capital lease obligations
450

 
2017-3005
 
450

 
447

Facility notes and bonds
320

 
2029-2045
 
320

 
319

Other debt
18

 
2017-2022
 
18

 
20

Total debt
$
18,897

 
 
 
18,910

 
16,075

Less: Current maturities
 
 
 
 
(4,555
)
 
(3,681
)
Long-term debt
 
 
 
 
$
14,355

 
$
12,394