SunTrust 2013 Annual Report Download - page 102
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86
We also held a total net book value of approximately $14 million and $32 million of private equity (direct investments) and
other equity-related investments at December 31, 2013 and 2012, respectively. We generally hold these investments as long-
term investments. If conditions in the market deteriorate, impairment charges could occur related to these long-term investments
and other assets, including but not limited to goodwill and other intangible assets.
OFF-BALANCE SHEET ARRANGEMENTS
See discussion of off-balance sheet arrangements in Note 10, “Certain Transfers of Financial Assets and Variable Interest
Entities,” and Note 17, “Guarantees,” to the Consolidated Financial Statements in this Form 10-K.
CONTRACTUAL COMMITMENTS
In the normal course of business, we enter into certain contractual obligations, including obligations to make future payments
on debt and lease arrangements, contractual commitments for capital expenditures, and service contracts. The table below
presents our significant contractual obligations at December 31, 2013, except for pension and other postretirement benefit
plans, which are included in Note 15, "Employee Benefit Plans," to the Consolidated Financial Statements in this Form 10-K.
Table 32
At December 31, 2013
(Dollars in millions) 1 year or less 1-3 years 3-5 years After 5 years Total
Time deposit maturities 1$8,369 $3,728 $886 $73 $13,056
Brokered time deposits 11,262 387 223 152 2,024
Long-term debt 1,2 8 1,951 6,342 2,389 10,690
Operating lease obligations 208 386 262 354 1,210
Capital lease obligations 1134210
Purchase obligations 3284 65 31 8 388
Total $10,132 $6,520 $7,748 $2,978 $27,378
1 Amounts do not include accrued interest.
2 Amounts do not include capital lease obligations.
3 Represents aggregation of termination fees on legally binding contracts to purchase goods or services that have a minimum termination fee of $5 million
or more. Amounts paid under these contracts totaled $194 million during 2013; however, there is no minimum annual payment other than termination fees
required.