Fannie Mae 2009 Annual Report Download - page 137

Table 34: Maturity Profile of Outstanding Debt Maturing in More Than One Year
(1)
$42.2 $47.7
$8.1 $18.6
$79.5
$40.7
$75.6
$140.4
$0
$20
$40
$60
$80
$100
$120
$140
$160
$180
Q1 2011 Q2 2011 Q3 2011 Q4 2011 2012 2013 2014 2015 &
thereafter
(Dollars in billions)
(1)
Includes unamortized discounts, premiums and other cost basis adjustments of $15.5 billion as of December 31, 2009.
Excludes debt from consolidations of $5.4 billion as of December 31, 2009.
We intend to repay our short-term and long-term debt obligations as they become due primarily through
proceeds from the issuance of additional debt securities. We also intend to use funds we receive from Treasury
under the senior preferred stock purchase agreement to pay our debt obligations and to pay dividends on the
senior preferred stock.
Contractual Obligations
Table 35 summarizes, by remaining maturity, our future cash obligations related to our long-term debt,
announced calls, operating leases, purchase obligations and other material noncancelable contractual
obligations as of December 31, 2009.
Table 35: Contractual Obligations
Total
Less than
1 Year
1toG3
Years
3to5
Years
More than
5 Years
Payment Due by Period as of December 31, 2009
(Dollars in millions)
Long-term debt obligations
(1)
. . . . . . . . . . . . . . . . . . . . . . $567,950 $115,094 $196,174 $116,273 $140,409
Contractual interest on long-term debt obligations
(2)
. . . . . . 127,292 18,816 28,615 20,307 59,554
Operating lease obligations
(3)
...................... 188 41 73 36 38
Purchase obligations:
Mortgage commitments
(4)
. . . . . . . . . . . . . . . . . . . . . . 31,902 31,870 32 — —
Other purchase obligations
(5)
.................... 849 306 490 52 1
Other long-term liabilities reflected in the consolidated
balance sheet
(6)
. . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,970 1,617 314 23 16
Total contractual obligations . . . . . . . . . . . . . . . . . . . . . . $730,151 $167,744 $225,698 $136,691 $200,018
(1)
Represents the carrying amount of our long-term debt assuming payments are made in full at maturity. Amounts
exclude $6.2 billion in long-term debt from consolidations. Amounts include an unamortized net discount and other
cost basis adjustments of $15.6 billion.
(2)
Excludes contractual interest on long-term debt from consolidations.
(3)
Includes certain premises and equipment leases.
(4)
Includes on- and off-balance sheet commitments to purchase mortgage loans and mortgage-related securities.
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