Microsoft 2011 Annual Report Download - page 63

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63
The components of long-term debt, the associated interest rates, and the semi-annual interest record and
payment dates were as follows as of June 30, 2011:
Due Date Face Value
Stated
Interes
t
Rate
Effective
Interes
t
Rate
Interest
Record Date
Interest
Pay Date
Interest
Record Date Interest
Pay Date
(In millions)
Notes
September 27, 2013 $ 1,000 0.875% 1.000% March 15 March 27 September 15 September 27
June 1, 2014 2,000 2.950% 3.049% May 15 June 1 November 15 December 1
September 25, 2015 1,750 1.625% 1.795% March 15 March 25 September 15 September 25
February 8, 2016 750 2.500% 2.642% February 1 February 8 August 1 August 8
June 1, 2019 1,000 4.200% 4.379% May 15 June 1 November 15 December 1
October 1, 2020 1,000 3.000% 3.137% March 15 April 1 September 15 October 1
February 8, 2021 500 4.000% 4.082% February 1 February 8 August 1 August 8
June 1, 2039 750 5.200% 5.240% May 15 June 1 November 15 December 1
October 1, 2040 1,000 4.500% 4.567% March 15 April 1 September 15 October 1
February 8, 2041 1,000 5.300% 5.361% February 1 February 8 August 1 August 8
Total 10,750
Convertible Debt
June 15, 2013 1,250 0.000% 1.849%
Total unamortized
discount (79)
Total $ 11,921
The components of long-term debt, the associated interest rates, and the semi-annual interest record and
payment dates were as follows as of June 30, 2010:
Due Date Face Value
Stated
Interest
Rate
Effective
Interest
Rate
Interest
Record Date
Interest
Pay Date
Interest
Record Date
Interest
Pay Date
(In millions)
Notes
June 1, 2014 $ 2,000 2.950% 3.049% May 15 June 1 November 15 December 1
June 1, 2019 1,000 4.200% 4.379% May 15 June 1 November 15 December 1
June 1, 2039 750 5.200% 5.240% May 15 June 1 November 15 December 1
Total 3,750
Convertible Debt
June 15, 2013 1,250 0.000% 1.849%
Total unamortized discount (61)
Total $ 4,939
Notes
The Notes are senior unsecured obligations and rank equally with our other unsecured and unsubordinated debt
outstanding.
Convertible debt
In June 2010, we issued $1.25 billion of zero coupon convertible unsecured debt due on June 15, 2013 in a
private placement offering. Proceeds from the offering were $1.24 billion, net of fees and expenses, which were
capitalized.