Best Buy 2002 Annual Report Download - page 30

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28 MD&A
The following table presents information regarding available commercial commitments and their expiration dates
by fiscal year ($ in millions):
Available Commercial Commitments
Expires
Amount 2003 2004 2005 2006 Thereafter
Lines of credit(1) $ 222 $ 31 $ — $ — $ 191 $ —
Master lease agreement 23 ———23 —
Inventory financing line 200 200 ————
Total $ 445 $ 231 $ — $ — $ 214 $ —
(1) Our $44 million revolving credit facility increases to $53 million on a seasonal basis. Nine million dollars of our $200 million line
of credit were committed to stand-by letters of credit.
Contractual Obligations and Available Commercial Commitments
The following table presents information regarding contractual obligations by fiscal year ($ in millions):
Contractual Obligations
Payments Due
2003 2004 2005 2006 2007 Thereafter
Operating leases $472 $459 $417 $376 $361 $2,698
Long-term debt 7 6 3 40 1 763
Purchase commitments 120 5 ————
Total $599 $470 $420 $416 $362 $3,461
Note: For more information regarding operating leases, long-term debt and purchase commitments, refer to notes 3, 5 and
9, respectively, in the Notes to Financial Statements beginning on page 39.