Costco 2010 Annual Report Download - page 36

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We plan to open up to 31 new warehouses in 2011, including one to two relocations of existing
warehouses to larger and better-located facilities.
Additional Equity Investments in Subsidiaries and Joint Ventures
Our investments in the Costco Mexico joint venture and in other unconsolidated joint ventures that are
less than majority owned are accounted for under the equity method. We did not make any capital
contributions to Costco Mexico (a 50%-owned joint venture) in 2010, 2009, or 2008.
Bank Credit Facilities and Commercial Paper Programs
Entity
Credit Facility
Description
Expiration
Date
Credit Line Usage at
August 29, 2010
Applicable
Interest
Rate
Total of
all Credit
Facilities
Stand-by
Letter of
Credit
(LC) &
Letter of
Guaranty
Commercial
LC
Short-
Term
Borrowing
Available
Credit
U.S. ............ Uncommitted
Standby LC
N/A $ 22 $22 $— $— $ — N/A
U.S. ............ Uncommitted
Commercial LC
N/A 50 — 9 — 41 N/A
Australia(1) ...... Guarantee Line N/A 9 — — — 9 N/A
Canada(1)(3) ..... Multi-Purpose
Line
N/A 28 16 — — 12 2.25%
Japan(1) ........ Revolving Credit March-11 41 — — 13 28 0.61%
Japan(1) ........ Bank Guaranty March-11 18 18 — — — N/A
Japan(1) ........ Revolving Credit February-11 41 — — 13 28 0.61%
Japan(2) ........ Commercial LC N/A 1 — — — 1 N/A
Korea(1) ........ Multi-Purpose
Line
March-11 10 2 — — 8 3.63%
Taiwan .......... Multi-Purpose
Line
January-11 22 5 — — 17 2.63%
Taiwan .......... Multi-Purpose
Line
July-11 16 3 — — 13 2.65%
United Kingdom . . Uncommitted
Money Market
Line
N/A 31 — — — 31 3.05%
United Kingdom . . Uncommitted
Overdraft Line
N/A 46 — — — 46 1.50%
United
Kingdom(2) ....
Letter of
Guarantee
N/A 3 3 — — — N/A
United Kingdom . . Commercial LC N/A 3 1 — — 2 N/A
TOTAL ................... $341 $70 $ 9 $26 $236
(1) The U.S. parent company, Costco Wholesale Corporation, guarantees this entity’s credit facility.
(2) Obligations under this facility are fully cash-collateralized by the subsidiary.
(3) The bank may cancel or restrict availability under this facility with 45-days written notice.
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