XML 70 R44.htm IDEA: XBRL DOCUMENT
v2.4.1.9

Long-Term Borrowings and Capital Lease Obligations (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2014
Long-term Debt and Capital Lease Obligations [Abstract] |
Schedule of Long-Term Borrowings and Capital Lease Obligations |
December 31, | 2014 | 2013
U.S. dollar: |  |
Medium-term notes due 2038 – 2041 1 | $ | 114 |  | $ | 121 |
5.875% notes due 2014 2 | — |  | 170 |
1.75% notes due 2014 2 | — |  | 400 |
Floating rate notes due 2014 2,3 | — |  | 600 |
4.875% notes due 2014 2 | — |  | 500 |
3.25% notes due 2015 2,4 | 1,001 |  | 1,028 |
4.75% notes due 2015 2 | 400 |  | 400 |
1.95% notes due 2016 | 499 |  | 498 |
2.75% notes due 2016 | 500 |  | 500 |
5.25% notes due 2016 | 600 |  | 599 |
6.00% notes due 2018 5 | 1,338 |  | 1,361 |
5.75% notes due 2019 | 499 |  | 499 |
4.625% notes due 2020 | 998 |  | 997 |
3.625% notes due 2021 | 999 |  | 999 |
4.25% notes due 2021 | 499 |  | 499 |
2.80% notes due 2023 | 1,250 |  | 1,250 |
6.50% debentures due 2028 | 299 |  | 299 |
5.60% notes due 2036 | 396 |  | 395 |
4.90% notes due 2041 | 494 |  | 494 |
4.15% notes due 2043 | 749 |  | 749 |
Other loans (average interest rate of 4.2 percent)2 | 29 |  | 33 |
Other loans- various currencies 2 | — |  | 1 |
| 10,664 |  | 12,392 |
Less short-term portion of long-term debt | 1,405 |  | 1,674 |
| 9,259 |  | 10,718 |
Capital lease obligations | 12 |  | 23 |
Total | $ | 9,271 |  | $ | 10,741 |
1. | Average interest rates on medium-term notes were 0.0% at December 31, 2014 and 2013.
2. | Includes long-term debt due within one year.
3. | Interest rate on floating notes during 2014 and at December 31, 2013 was 0.7%.
4. | At December 31, 2014 and 2013, the company had outstanding interest rate swap agreements with gross notional amounts of $1,000. Over the remaining terms of the notes, the company will receive fixed payments equivalent to the underlying debt and pay floating payments based on USD LIBOR (London Interbank Offered Rate). The fair value of outstanding swaps was an asset of $1 and $29 at December 31, 2014 and 2013, respectively.
5. | During 2008, the interest rate swap agreement associated with these notes was terminated. The gain will be amortized over the remaining life of the bond, resulting in an effective yield of 3.85%

X
- Details
Name: | us-gaap_LongTermDebtAndCapitalLeaseObligationsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. + References No definition available. + Details
Name: | us-gaap_ScheduleOfDebtTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration