Oracle 2010 Annual Report Download - page 227

NOTES PAYABLE AND OTHER BORROWINGS (Table)
NOTES PAYABLE AND OTHER BORROWINGS
(Table) (USD $)
12 Months Ended
05/31/2011
Notes Payable and Other Borrowings (Dollars in millions) May 31,
2011
May 31,
2010
Commercial paper notes $— $881
Short-term borrowings (effective interest rate of 0.44%) 1,150 —
5.00% senior notes due January 15, 2011, net of discount of $1 as of May 31, 2010 — 2,249
4.95% senior notes due April 15, 2013 1,250 1,250
3.75% senior notes due July 8, 2014, net of fair value adjustment of $69 and $33 as of May 31, 2011
and 2010, respectively (1)
1,569 1,533
5.25% senior notes due January 15, 2016, net of discount of $5 and $6 as of May 31, 2011 and 2010,
respectively
1,995 1,994
5.75% senior notes due April 15, 2018, net of discount of $1 each as of May 31, 2011 and 2010 2,499 2,499
5.00% senior notes due July 8, 2019, net of discount of $5 and $6 as of May 31, 2011 and 2010,
respectively
1,745 1,744
3.875% senior notes due July 15, 2020, net of discount of $2 as of May 31, 2011 998 —
6.50% senior notes due April 15, 2038, net of discount of $2 each as of May 31, 2011 and 2010 1,248 1,248
6.125% senior notes due July 8, 2039, net of discount of $8 each as of May 31, 2011 and 2010 1,242 1,242
5.375% senior notes due July 15, 2040, net of discount of $25 as of May 31, 2011 2,225 —
Capital leases 1 15
Total borrowings $
15,922
$14,655
Notes payable, current and other current borrowings $ 1,150 $3,145
Notes payable, non-current and other non-current borrowings $
14,772
$11,510
___________
(1) Refer to Note 11 for a description of our accounting for fair value
hedges.
Future Principal Payments for all Borrowings
Fiscal 2012
$ 1,150
Fiscal 2013 1,250
Fiscal 2014 —
Fiscal 2015 1,500
Fiscal 2016 2,000
Thereafter 10,000
Total $ 15,900
Source: ORACLE CORP, 10-K, June 28, 2011 Powered by Morningstar® Document Research℠