Amazon.com 2005 Annual Report Download - page 53

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The following table provides information about our cash equivalent and marketable fixed income securities,
including principal cash flows by expected maturity and the related weighted average interest rates at
December 31, 2005 (in millions, except percentages):
2006 2007 2008 2009 2010 Thereafter Total
Estimated
Fair Value at
December 31,
2005
Money market funds ............. $ 587 $— $— $— $— $ — $ 587 $ 587
Weighted average interest rate ...... 3.41% ———— — 3.41%
Certificates of deposit ............ 15 5 3 4 — — 27 29
Weighted average interest rate ...... 3.67% 2.90% 3.06% 3.03% — — 3.37%
Corporate debt securities .......... 200 53 33 69 33 — 388 402
Weighted average interest rate ...... 3.97% 4.00% 3.99% 4.60% 4.60% — 4.14%
U.S. Government and Agency
Securities .................... 211 35 79 43 73 — 441 439
Weighted average interest rate ...... 3.97% 4.98% 4.76% 4.94% 4.58% — 4.39%
Asset backed securities ........... 131 97 33 5 10 — 276 276
Weighted average interest rate ...... 3.89% 4.94% 4.10% 5.02% 4.95% — 4.34%
Other securities ................. 3 33 47 35 18 — 136 165
Weighted average interest rate ...... 2.60% 2.80% 2.83% 2.95% 3.01% — 2.87%
Cash equivalents and marketable
fixed-income securities ......... $1,147 $ 223 $ 195 $ 156 $ 134 $ — $1,855 $1,898
The following table provides information about our cash equivalent and marketable fixed income securities,
including principal cash flows by expected maturity and the related weighted average interest rates at
December 31, 2004 (in millions, except percentages):
2005 2006 2007 2008 2009 Thereafter Total
Estimated
Fair Value at
December 31,
2004
Money market funds ............. $ 102 $— $— $— $— $— $ 102 $ 103
Weighted average interest rate ...... 2.18% ———— — 2.18%
Certificates of deposit ............ 496 ———— — 496 497
Weighted average interest rate ...... 2.52% ———— — 2.52%
Corporate debt securities .......... 240 4 3 8 13 — 268 275
Weighted average interest rate ...... 2.25% 3.45% 4.00% 4.00% 4.00% — 2.51%
U.S. Government and Agency
Securities .................... 142 141 46 43 19 — 391 388
Weighted average interest rate ...... 2.33% 3.32% 3.29% 3.00% 3.00% — 2.91%
Asset backed securities ........... — 61 8 — — — 69 70
Weighted average interest rate ...... — 4.38% 3.10% — — — 4.24%
Other securities ................. 26 ———— 26 27
Weighted average interest rate ...... 2.24% ———— — 2.24%
Cash equivalents and marketable
fixed-income securities ......... $1,006 $ 206 $ 57 $ 51 $ 32 $— $1,352 $1,360
At December 31, 2005, we had long-term debt of $1.52 billion primarily associated with our 4.75%
Convertible Subordinated Notes and 6.875% PEACS, which are due in 2009 and 2010. The fair value of our
long-term debt will fluctuate with movements of interest rates, increasing in periods of declining rates of interest
and declining in periods of increasing rates of interest.
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