Wells Fargo 2009 Annual Report Download - page 140

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Following is a summary of our long-term debt based on
original maturity (reflecting unamortized debt discounts
Note 13: Long-Term Debt
December 31,
2009 2008
Maturity Stated
(in millions) date(s) interest rate(s)
Wells Fargo & Company (Parent only)
Senior
Fixed-rate notes (1)(2) 2010-2035 2.125-6.75% $ 46,266 49,019
Floating-rate notes (2)(3) 2010-2048 Varies 41,231 51,220
Extendible notes (4) —8
Market-linked notes (5) 2010-2018 Varies 458 933
Total senior debt – Parent 87,955 101,180
Subordinated
Fixed-rate notes (1) 2011-2035 4.375-7.574% 12,148 12,204
Floating-rate notes 2015-2016 Varies 1,096 1,074
Total subordinated debt – Parent 13,244 13,278
Junior subordinated
Fixed-rate notes (1)(6)(7)(8) 2026-2068 5.625-10.18% 8,661 10,111
FixFloat preferred purchase securities (9)(10) 2013-2044 7.70-9.75% to
2013, varies 4,296 4,308
Floating-rate notes 2027-2036 Varies 272 245
FixFloat notes 2036 6.28% to 2011, varies 10 10
Fixed-rate notes – hybrid trust securities (1)(11)(12)(13) 2037-2047 6.375-7.85% 2,425 2,449
FixFloat notes – income trust securities (14) 2011-2042 5.20% to 2011, varies 2,490 2,445
Total junior subordinated debt – Parent (15) 18,154 19,568
Total long-term debt – Parent 119,353 134,026
Wells Fargo Bank, N.A. and its subsidiaries (WFB, N.A.)
Senior
Fixed-rate notes 2010-2011 1.122-3.720% 663
Floating-rate notes —1,026
Fixed-rate advances – Federal Home Loan Bank (FHLB) (1) 2011-2012 1.60-5.20% 707 202
Market-linked notes (5) 2010-2016 0.025-5.75% 304 437
Obligations of subsidiaries under capital leases (Note 7) 2010-2025 Varies 71 97
Total senior debt – WFB, N.A. 1,088 1,825
Subordinated
Fixed-rate notes (1) 2010-2036 4.75-7.55% 6,383 6,941
Floating-rate notes (3) 2016 Varies 500 500
Other notes and debentures 2010-2037 0.00-6.00% 12 9
Total subordinated debt – WFB, N.A. 6,895 7,450
Total long-term debt – WFB, N.A. 7,983 9,275
Wachovia Bank, N.A. (WB, N.A.)
Senior
Fixed-rate notes (1) 2013 6.00% 2,227 2,098
Fixed-rate advances – FHLB —8
Floating-rate notes (3) 2010-2011 Varies 3,910 3,963
Floating-rate advances – FHLB —5,527
Primarily notes issued under global note programs (16) 2010-2040 Varies 4,410 20,529
Obligations of subsidiaries under capital leases (Note 7) 2014 4.98% 66
Total senior debt – WB, N.A. 10,553 32,131
Subordinated
Fixed-rate notes (1) 2010-2038 4.80-7.85% 11,825 12,856
Floating-rate notes (3) 2014-2017 Varies 1,437 1,388
Total subordinated debt – WB, N.A. 13,262 14,244
Junior subordinated
Fixed-rate notes – trust securities 2026 8.00% 318 308
Floating-rate notes – trust securities 2027 Varies 270 243
Total junior subordinated debt – WB, N.A. (15) 588 551
Mortgage notes and other debt 2010-2046 Varies 7,679 9,993
Total long-term debt – WB, N.A. 32,082 56,919
(continued on following page)
and premiums, and purchase accounting adjustments for
debt assumed in the Wachovia acquisition, where applicable):
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