Dell 2009 Annual Report Download - page 71

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Table of Contents
DELL INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Debt
The following table summarizes Dell's outstanding debt at:
January 29, January 30,
2010 2009
(in millions)
Long-Term Debt
Notes:
$400 million issued on June 10, 2009, at 3.375% due June 2012 ("2012 Notes") with interest payable
June 15 and December 15 (including $1 million hedge accounting adjustment) $ 401 $ -
$600 million issued on April 17, 2008, at 4.70% due April 2013 ("2013 Notes") with interest payable
April 15 and October 15 599 599
$500 million issued on April 1, 2009, at 5.625% due April 2014 ("2014 Notes") with interest payable
April 15 and October 15 500 -
$500 million issued on April 17, 2008, at 5.65% due April 2018 ("2018 Notes") with interest payable
April 15 and October 15 499 499
$600 million issued on June 10, 2009, at 5.875% due June 2019 ("2019 Notes") with interest payable
June 15 and December 15 600 -
$400 million issued on April 17, 2008, at 6.50% due April 2038 ("2038 Notes") with interest payable
April 15 and October 15 400 400
Senior Debentures
$300 million issued in April 1998 at 7.10% due April 2028 with interest payable April 15 and October 15
(includes the unamortized amount related to interest rate swap terminations) 394 400
India Term Note
Entered into on October 2009 at 8.9% due October 2011 with interest payable monthly 24 -
Total long-term debt 3,417 1,898
Short-Term Debt
Commercial paper 496 100
Structured financing debt 164 -
Other 3 13
Total short-term debt 663 113
Total debt $ 4,080 $ 2,011
Long-Term Debt
During Fiscal 2010, Dell issued the 2012 Notes, 2014 Notes, and the 2019 Notes (collectively, the "Notes"). The net proceeds from the
Notes, after payment of expenses, were approximately $1.5 billion. The estimated fair value of all the notes included in long-term debt
was approximately $3.2 billion at January 29, 2010, compared to a carrying value of $3.0 billion at that date.
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