HP 2014 Annual Report Download - page 158

HEWLETT-PACKARD COMPANY AND SUBSIDIARIES
Notes to Consolidated Financial Statements (Continued)
Note 12: Borrowings (Continued)
Long-Term Debt
As of October 31
2014 2013
In millions
U.S. Dollar Global Notes(1)
2006 Shelf Registration Statement:
$500 issued at discount to par at a price of 99.694% in February 2007 at 5.4%, due March 2017 ..... $ 500 $ 499
$750 issued at discount to par at a price of 99.932% in March 2008 at 5.5%, due March 2018 ...... 750 750
$2,000 issued at discount to par at a price of 99.561% in December 2008 at 6.125%, paid March 2014 . — 1,999
$1,500 issued at discount to par at a price of 99.993% in February 2009 at 4.75%, paid June 2014 .... — 1,500
2009 Shelf Registration Statement:
$1,100 issued at discount to par at a price of 99.887% in September 2010 at 2.125%, due September
2015 .............................................................. 1,100 1,100
$650 issued at discount to par at a price of 99.911% in December 2010 at 2.2%, due December 2015 . . 650 650
$1,350 issued at discount to par at a price of 99.827% in December 2010 at 3.75%, due December
2020 .............................................................. 1,349 1,349
$500 issued at par in May 2011 at three-month USD LIBOR plus 0.4%, paid May 2014 .......... — 500
$500 issued at discount to par at a price of 99.971% in May 2011 at 1.55%, paid May 2014 ........ — 500
$1,000 issued at discount to par at a price of 99.958% in May 2011 at 2.65%, due June 2016 ....... 1,000 1,000
$1,250 issued at discount to par at a price of 99.799% in May 2011 at 4.3%, due June 2021........ 1,248 1,248
$350 issued at par in September 2011 at three-month USD LIBOR plus 1.55%, paid September 2014 . — 350
$750 issued at discount to par at a price of 99.977% in September 2011 at 2.35%, due March 2015 . . . 750 750
$1,300 issued at discount to par at a price of 99.784% in September 2011 at 3.0%, due September 2016 1,298 1,298
$1,000 issued at discount to par at a price of 99.816% in September 2011 at 4.375%, due September
2021 .............................................................. 999 999
$1,200 issued at discount to par at a price of 99.863% in September 2011 at 6.0%, due September 2041 1,199 1,198
$650 issued at discount to par at a price of 99.946% in December 2011 at 2.625%, paid December
2014 .............................................................. 650 650
$850 issued at discount to par at a price of 99.790% in December 2011 at 3.3%, due December 2016 . . 849 849
$1,500 issued at discount to par at a price of 99.707% in December 2011 at 4.65%, due December
2021 .............................................................. 1,496 1,496
$1,500 issued at discount to par at a price of 99.985% in March 2012 at 2.6%, due September 2017 . . . 1,500 1,500
$500 issued at discount to par at a price of 99.771% in March 2012 at 4.05%, due September 2022 . . . 499 499
2012 Shelf Registration Statement:
$750 issued at par in January 2014 at three-month USD LIBOR plus 0.94%, due January 2019 ...... 750 —
$1,250 issued at discount to par at a price of 99.954% in January 2014 at 2.75%, due January 2019 . . . 1,250 —
17,837 20,684
EDS Senior Notes(1)
$300 issued October 1999 at 7.45%, due October 2029 ............................... 313 314
Other, including capital lease obligations, at 0.00%-8.30%, due in calendar years 2014-2024(2) .......... 424 689
Fair value adjustment related to hedged debt ........................................ 120 147
Less: current portion ..................................................... (2,655) (5,226)
Total long-term debt ..................................................... $16,039 $16,608
(1) HP may redeem some or all of the fixed-rate U.S. Dollar Global Notes and EDS Senior Notes at any time in accordance
with the terms thereof. The U.S. Dollar Global Notes and EDS Senior Notes are senior unsecured debt.
(2) Other, including capital lease obligations includes $123 million and $244 million as of October 31, 2014 and 2013,
respectively, of borrowing- and funding-related activity associated with HPFS and its subsidiaries that are collateralized by
receivables and underlying assets associated with the related capital and operating leases. For both the periods presented,
the carrying amount of the assets approximated the carrying amount of the borrowings.
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