v2.4.0.6

Long-Term Debt (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2011
Long-Term Debt |
Long-term obligations |
|  | December 31, |
--- | --- | --- | ---
(US$ in millions) |  | 2011 |  | 2010 |
Term loans due 2011—LIBOR plus 1.25% to 1.75% (1) |  | $ | — |  | $ | 475 |
Term loan due 2013—fixed interest rate of 3.32% |  |  | 300 |  |  | 300 |
Japanese Yen term loan due 2011—Yen LIBOR plus 1.40% (2) |  |  | — |  |  | 123 |
Revolving credit facilities |  |  | 250 |  |  | — |
5.875% Senior Notes due 2013 |  |  | 300 |  |  | 300 |
5.35% Senior Notes due 2014 |  |  | 500 |  |  | 500 |
5.10% Senior Notes due 2015 |  |  | 382 |  |  | 382 |
4.10% Senior Notes due 2016 |  |  | 500 |  |  | — |
5.90% Senior Notes due 2017 |  |  | 250 |  |  | 250 |
8.50% Senior Notes due 2019 |  |  | 600 |  |  | 600 |
BNDES loans, variable interest rate indexed to TJLP plus 3.20% and URTJLP plus 9.20% payable through 2017 (3)(4)(5) |  |  | 64 |  |  | 118 |
Other |  |  | 216 |  |  | 115 |
|  |  | 3,362 |  |  | 3,163 |
Less: Current portion of long-term debt |  |  | (14 | ) |  | (612 | )
Total long-term debt |  | $ | 3,348 |  | $ | 2,551 |
(1) One, three and six month LIBOR at December 31, 2011 were 0.30%, 0.58% and 0.81% per annum, respectively, and at December 31, 2010 were 0.26%, 0.30% and 0.46% per annum, respectively. (2) Three month Yen LIBOR at December 31, 2010 was 0.19% per annum. (3) Industrial development loans provided by BNDES, an agency of the Brazilian government. (4) TJLP is a long-term interest rate published by the BNDES on a quarterly basis; TJLP as of December 31, 2011 and December 31, 2010 was 6.00% per annum for both periods. (5) URTJLP is a long-term interest rate derived from the TJLP interest rate published by BNDES on a quarterly basis; URTJLP as of December 31, 2011 and December 31, 2010 was TJLP minus 6.00% per annum for both periods.
Principal maturities of long term debt |
(US$ in millions) |  |  |
--- | --- | --- | ---
2012 |  | $ | 14 |
2013 |  |  | 628 |
2014 |  |  | 570 |
2015 |  |  | 437 |
2016 |  |  | 765 |
Thereafter |  |  | 882 |
Total (1) |  | $ | 3,296 |
(1) Excludes unamortized net gains of $66 million related to terminated interest rate swap agreements recorded in long-term portion of debt.

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- Definition Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21538-112644 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(e),(f)) -URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6451184&loc=d3e28551-108399 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 470 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6479336&loc=d3e64711-112823 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 1A -URI http://asc.fasb.org/extlink&oid=6451184&loc=d3e28541-108399 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 55 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=6584090&loc=d3e28878-108400 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 22 -Article 5 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21521-112644 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21475-112644 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21506-112644 + Details
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- Definition Tabular disclosure of the combined aggregate amount of maturities and sinking fund requirements for all long-term borrowings for each of the five years following the date of the latest balance sheet date presented. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Topic 470 -SubTopic 10 -Publisher FASB -Number -Article -Subparagraph -Name Accounting Standards Codification -Paragraph 1 -Section 50 -URI http://asc.fasb.org/extlink&oid=6802200&loc=d3e1835-112601 + Details
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