United Healthcare 2010 Annual Report Download - page 83

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8. Commercial Paper and Long-Term Debt
Commercial paper and long-term debt consisted of the following:
December 31, 2010 December 31, 2009
(in millions)
Par
Value
Carrying
Value
Fair
Value
Par
Value
Carrying
Value
Fair
Value
Commercial paper ................................ $ 930 $ 930 $ 930 $ 0 $ 0 $ 0
Senior unsecured floating-rate notes due June 2010 ......000500500499
5.1% senior unsecured notes due November 2010 .......000250257259
Senior unsecured floating-rate notes due February 2011 . . 250 250 250 250 250 251
5.3% senior unsecured notes due March 2011 .......... 705 712 711 750 781 777
5.5% senior unsecured notes due November 2012 ....... 352 372 377 450 480 481
4.9% senior unsecured notes due February 2013 ........ 534 541 568 550 549 575
4.9% senior unsecured notes due April 2013 ........... 409 425 437 450 464 472
4.8% senior unsecured notes due February 2014 ........ 172 186 184 250 268 256
5.0% senior unsecured notes due August 2014 .......... 389 425 423 500 540 518
4.9% senior unsecured notes due March 2015 .......... 416 456 444 500 544 513
5.4% senior unsecured notes due March 2016 .......... 601 666 661 750 847 772
5.4% senior unsecured notes due November 2016 ....... 95 95 105 95 95 98
6.0% senior unsecured notes due June 2017 ............ 441 484 491 500 587 523
6.0% senior unsecured notes due November 2017 ....... 156 167 174 250 285 258
6.0% senior unsecured notes due February 2018 ........ 1,100 1,065 1,249 1,100 1,099 1,136
3.9% senior unsecured notes due October 2020 ......... 450 413 429000
Zero coupon senior unsecured notes due November
2022 ......................................... 1,095 588 677 1,095 558 611
5.8% senior unsecured notes due March 2036 .......... 850 844 862 850 844 762
6.5% senior unsecured notes due June 2037 ............ 500 495 552 500 495 493
6.6% senior unsecured notes due November 2037 ....... 650 645 729 650 645 651
6.9% senior unsecured notes due February 2038 ........ 1,100 1,085 1,281 1,100 1,085 1,138
5.7% senior unsecured notes due October 2040 ......... 300 298 299000
Total commercial paper and long-term debt ............ $11,495 $11,142 $11,833 $11,340 $11,173 $11,043
Maturities of commercial paper and long-term debt for the years ending December 31 are as follows:
(in millions)
Maturities of
Long-Term Debt
2011 ......................................................................... $1,892
2012 ......................................................................... 372
2013 ......................................................................... 966
2014 ......................................................................... 611
2015 ......................................................................... 456
Thereafter ..................................................................... 6,257
$1,095 million par, zero coupon senior unsecured notes due November 2022 (a) ............. 588
(a) These notes have been included in current maturities of long-term debt in the Consolidated Balance Sheets
as of December 31, 2010 and 2009 due to a current note holder option to “put” the note to the Company
which began on November 15, 2010, and recurs each November 15 thereafter until 2022 (except 2014), at
accreted value.
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