DuPont 2013 Annual Report Download - page 34

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Part II
ITEM 7. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF
OPERATIONS, continued
33
Off-Balance Sheet Arrangements
Certain Guarantee Contracts
Information with respect to the company's guarantees is included in Note 16 to the Consolidated Financial Statements. Historically,
the company has not had to make significant payments to satisfy guarantee obligations; however, the company believes it has the
financial resources to satisfy these guarantees.
Contractual Obligations
Information related to the company's significant contractual obligations is summarized in the following table:
Payments Due In
(Dollars in millions)
Total at
December 31,
2013 2014 2015 –
2016 2017 –
2018 2019 and
beyond
Long-term debt obligations1$ 12,392 $ 1,674 $ 3,026 $ 1,361 $ 6,331
Expected cumulative cash requirements for
interest payments through maturity 4,047 429 776 648 2,194
Capital leases126 3 6 3 14
Operating leases 1,524 288 501 388 347
Purchase obligations2
Information technology infrastructure &
services 174 108 62 4 —
Raw material obligations 740 512 140 65 23
Utility obligations 295 69 98 39 89
INVISTA-related obligations31,533 117 282 328 806
Human resource services 62 31 30 1 —
Other 220 153 58 7 2
Total purchase obligations 3,024 990 670 444 920
Other liabilities1,4
Workers' compensation 96 14 43 18 21
Asset retirement obligations 63 2 10 4 47
Environmental remediation 458 84 168 67 139
Legal settlements 89 76 5 4 4
License agreements52,159 326 541 572 720
Other6193 65 29 17 82
Total other long-term liabilities 3,058 567 796 682 1,013
Total contractual obligations7$ 24,071 $ 3,951 $ 5,775 $ 3,526 $ 10,819
1. Included in the Consolidated Financial Statements.
2. Represents enforceable and legally binding agreements in excess of $1 million to purchase goods or services that specify fixed or minimum quantities; fixed,
minimum or variable price provisions; and the approximate timing of the agreement.
3. Primarily represents raw material supply obligations.
4. Pension and other long-term employee benefit obligations have been excluded from the table as they are discussed below within Long-term Employee
Benefits.
5. Primarily represents remaining minimum payments under Pioneer license agreements.
6. Primarily represents employee-related benefits other than pensions and other long-term employee benefits.
7. Due to uncertainty regarding the completion of tax audits and possible outcomes, the estimate of obligations related to unrecognized tax benefits cannot be
made. See Note 6 to the Consolidated Financial Statements for additional detail.
The company expects to meet its contractual obligations through its normal sources of liquidity and believes it has the financial
resources to satisfy these contractual obligations.