Albertsons 2012 Annual Report Download - page 61

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NOTE 6—LONG-TERM DEBT
The Company’s long-term debt and capital lease obligations consisted of the following:
2012 2011
1.65% to 4.75% Revolving Credit Facility and Variable Rate Notes due June 2012—
October 2018 $ 1,074 $ 1,382
8.00% Notes due May 2016 1,000 1,000
7.45% Debentures due August 2029 650 650
7.50% Notes due November 2014 490 490
6.34% to 7.15% Medium Term Notes due July 2012 – June 2028 440 440
8.00% Debentures due May 2031 400 400
7.50% Notes due May 2012 282 300
8.00% Debentures due June 2026 272 272
8.70% Debentures due May 2030 225 225
7.75% Debentures due June 2026 200 200
7.25% Notes due May 2013 140 200
7.90% Debentures due May 2017 96 96
Accounts Receivable Securitization Facility 55 90
Other 52 102
Net discount on debt, using an effective interest rate of 6.28% to 8.97% (216) (250)
Capital lease obligations 1,096 1,154
Total debt and capital lease obligations 6,256 6,751
Less current maturities of long-term debt and capital lease obligations (388) (403)
Long-term debt and capital lease obligations $ 5,868 $ 6,348
Future maturities of long-term debt, excluding the net discount on the debt and capital lease obligations, as of
February 25, 2012 consist of the following:
Fiscal Year
2013 $ 324
2014 196
2015 591
2016 591
2017 1,005
Thereafter 2,669
Certain of the Company’s credit facilities and long-term debt agreements have restrictive covenants and cross-
default provisions which generally provide, subject to the Company’s right to cure, for the acceleration of
payments due in the event of a breach of a covenant or a default in the payment of a specified amount of
indebtedness due under certain other debt agreements. The Company was in compliance with all such covenants
and provisions for all periods presented.
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