Alcoa 2012 Annual Report Download - page 120

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Other Investments. As of December 31, 2012 and 2011, Other investments included $67 and $92, respectively, in
exchange-traded fixed income and equity securities, which are classified as available-for-sale and are carried at fair
value with unrealized gains and losses recognized in other comprehensive income. Unrealized and realized gains and
losses related to these securities were immaterial in 2012, 2011, and 2010.
J. Other Noncurrent Assets
December 31, 2012 2011
Intangibles, net (E) $ 407 $ 481
Cash surrender value of life insurance 464 455
Value-added tax receivable 408 510
Fair value of derivative contracts (X) 364 44
Prepaid gas transmission contract (N) 363 346
Deferred mining costs, net 223 221
Prepaid pension benefit (W) 86 109
Unamortized debt expense 86 98
Assets held for sale (B) 2 243
Other 309 289
$2,712 $2,796
K. Debt
Long-Term Debt.
December 31, 2012 2011
6% Notes, due 2012 $ - $ 322
6% Notes, due 2013 422 422
5.25% Convertible Notes, due 2014 575 575
5.55% Notes, due 2017 750 750
6.5% Bonds, due 2018 250 250
6.75% Notes, due 2018 750 750
5.72% Notes, due 2019 750 750
6.15% Notes, due 2020 1,000 1,000
5.40% Notes, due 2021 1,250 1,250
5.87% Notes, due 2022 627 627
5.9% Notes, due 2027 625 625
6.75% Bonds, due 2028 300 300
5.95% Notes due 2037 625 625
BNDES Loans, due 2013-2029 (see below for weighted average rates) 397 627
Iowa Finance Authority Loan, due 2042 (4.75%) 250 -
Other* 205 212
8,776 9,085
Less: amount due within one year 465 445
$8,311 $8,640
* Other includes various financing arrangements related to subsidiaries, unamortized debt discounts related to the
outstanding notes and bonds listed in the table above, a beneficial conversion feature related to the convertible notes,
and adjustments to the carrying value of long-term debt related to interest swap contracts accounted for as fair value
hedges (see the Derivatives section of Note X).
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