Crucial 2012 Annual Report Download - page 63

62
Principal and carrying amounts of the liability components for our convertible notes with debt and equity components were
as follows:
As of 2012 2011
Outstanding
Principal Unamortized Discount Net Carrying Amount Outstanding Principal Unamortized Discount Net Carrying Amount
2014 Notes $ 949 $ (89) $ 860 $ 949 $ (134) $ 815
2032C Notes 550 (99) 451 — — —
2032D Notes 450 (89) 361 — — —
2031A Notes 345 (80) 265 345 (90) 255
2031B Notes 345 (102) 243 345 (111) 234
2027 Notes 175 (34) 141 175 (40) 135
As of August 30, 2012, the remaining amortization period for the debt discount was approximately 2, 7, 9, 6, 8, and 5 years
for 2014 Notes, 2032C Notes, 2032D Notes, 2031A Notes, 2031B Notes, and 2027 Notes, respectively.
Carrying amounts of the equity components for our convertible notes with debt and equity components were as follows:
As of 2012 2011
2014 Notes $ 368 $ 368
2032C Notes 101 —
2032D Notes 90 —
2031A Notes 89 89
2031B Notes 109 109
2027 Notes 40 40
Interest expense for our convertible notes with debt and equity components was as follows:
For the year ended 2012 2011 2010
Contractual interest expense:
2014 Notes, stated rate of 1.875% $ 18 $ 19 $ 24
2032C Notes, stated rate of 2.375% 5 — —
2032D Notes, stated rate of 3.125% 5 — —
2031A Notes, stated rate of 1.5% 5 1 —
2031B Notes, stated rate of 1.875% 6 1 —
2027 Notes, stated rate of 1.875% 3 3 —
42 24 24
Amortization of discount and issuance costs:
2014 Notes, effective rate of 7.9% 47 46 56
2032C Notes, effective rate of 6.0% 5 — —
2032D Notes, effective rate of 6.3% 3 — —
2031A Notes, effective rate of 6.5% 11 1 —
2031B Notes, effective rate of 7.0% 10 1 —
2027 Notes, effective rate of 6.9% 6 5 —
82 53 56
$ 124 $ 77 $ 80