<?xml version="1.0" encoding="us-ascii"?><InstanceReport xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:xsd="http://www.w3.org/2001/XMLSchema"><Version>2.2.0.25</Version><hasSegments>false</hasSegments><hasScenarios>false</hasScenarios><ReportLongName>0215 - Disclosure - Long-Term Debt</ReportLongName><DisplayLabelColumn>true</DisplayLabelColumn><ShowElementNames>false</ShowElementNames><RoundingOption /><HasEmbeddedReports>false</HasEmbeddedReports><Columns><Column><Id>1</Id><IsAbstractGroupTitle>false</IsAbstractGroupTitle><LabelColumn>false</LabelColumn><CurrencyCode>USD</CurrencyCode><FootnoteIndexer /><hasSegments>false</hasSegments><hasScenarios>false</hasScenarios><MCU><KeyName>1/1/2010 - 12/31/2010
USD ($)

USD ($) / shares

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    &lt;!-- Begin Block Tagged Note 15 - us-gaap:DebtDisclosureTextBlock--&gt;
    &lt;div style="margin-left: 0%"&gt;
    &lt;div style="margin-top: 12pt; font-size: 1pt"&gt;&amp;#160;
    &lt;/div&gt;
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    &lt;td width="95%"&gt;&lt;/td&gt;
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    &lt;tr valign="top"&gt;
    &lt;td&gt;
    &lt;b&gt;&lt;font style="font-family: 'Times New Roman', Times"&gt;15.&amp;#160;&amp;#160;&lt;/font&gt;&lt;/b&gt;
    &lt;/td&gt;
    &lt;td&gt;
    &lt;b&gt;&lt;font style="font-family: 'Times New Roman', Times"&gt;LONG-TERM
    DEBT&lt;/font&gt;&lt;/b&gt;
    &lt;/td&gt;
    &lt;/tr&gt;
    &lt;/table&gt;
    &lt;div style="margin-top: 6pt; font-size: 1pt"&gt;&amp;#160;
    &lt;/div&gt;
    &lt;div align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent"&gt;
    Long-term debt consisted of the following:
    &lt;/div&gt;
    &lt;div style="margin-top: 6pt; font-size: 1pt"&gt;&amp;#160;
    &lt;/div&gt;
    &lt;table border="0" width="100%" align="center" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent; text-align: left"&gt;
    &lt;!-- Table Width Row BEGIN --&gt;
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    &lt;td width="75%"&gt;&amp;#160;&lt;/td&gt;&lt;!-- colindex=01 type=maindata --&gt;
    &lt;td width="2%"&gt;&amp;#160;&lt;/td&gt;&lt;!-- colindex=02 type=gutter --&gt;
    &lt;td width="1%" align="right"&gt;&amp;#160;&lt;/td&gt;&lt;!-- colindex=02 type=lead --&gt;
    &lt;td width="8%" align="right"&gt;&amp;#160;&lt;/td&gt;&lt;!-- colindex=02 type=body --&gt;
    &lt;td width="1%" align="left"&gt;&amp;#160;&lt;/td&gt;&lt;!-- colindex=02 type=hang1 --&gt;
    &lt;td width="3%"&gt;&amp;#160;&lt;/td&gt;&lt;!-- colindex=03 type=gutter --&gt;
    &lt;td width="1%" align="right"&gt;&amp;#160;&lt;/td&gt;&lt;!-- colindex=03 type=lead --&gt;
    &lt;td width="8%" align="right"&gt;&amp;#160;&lt;/td&gt;&lt;!-- colindex=03 type=body --&gt;
    &lt;td width="1%" align="left"&gt;&amp;#160;&lt;/td&gt;&lt;!-- colindex=03 type=hang1 --&gt;
    &lt;/tr&gt;
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    &lt;!-- TableOutputHead --&gt;
    &lt;tr style="font-size: 8pt" valign="bottom" align="center"&gt;
    &lt;td nowrap="nowrap" align="center" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td colspan="2" nowrap="nowrap" align="center" valign="bottom"&gt;
    &lt;b&gt;December&amp;#160;31,&lt;br /&gt;
    &lt;/b&gt;
    &lt;/td&gt;
    &lt;td&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td colspan="2" nowrap="nowrap" align="center" valign="bottom"&gt;
    &lt;b&gt;December&amp;#160;31,&lt;br /&gt;
    &lt;/b&gt;
    &lt;/td&gt;
    &lt;td&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;/tr&gt;
    &lt;tr style="font-size: 8pt" valign="bottom" align="center"&gt;
    &lt;td nowrap="nowrap" align="center" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td colspan="2" nowrap="nowrap" align="center" valign="bottom" style="border-bottom: 1px solid #000000"&gt;
    &lt;b&gt;2010&lt;/b&gt;
    &lt;/td&gt;
    &lt;td&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td colspan="2" nowrap="nowrap" align="center" valign="bottom" style="border-bottom: 1px solid #000000"&gt;
    &lt;b&gt;2009&lt;/b&gt;
    &lt;/td&gt;
    &lt;td&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;/tr&gt;
    &lt;tr style="line-height: 3pt; font-size: 1pt"&gt;
    &lt;td&gt;&amp;#160;
    &lt;/td&gt;
    &lt;/tr&gt;
    &lt;!-- TableOutputBody --&gt;
    &lt;tr valign="bottom" style="background: #cceeff"&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &lt;div style="text-indent: -10pt; margin-left: 10pt"&gt;
    &lt;b&gt;Bank loans:&lt;/b&gt;
    &lt;/div&gt;
    &lt;/td&gt;
    &lt;td&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="right" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="right" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;/tr&gt;
    &lt;tr valign="bottom"&gt;
    &lt;td align="left" valign="bottom"&gt;
    &lt;div style="text-indent: -10pt; margin-left: 10pt"&gt;
    1.79% due 2010, floating interest rate at Libor + 1.0%
    &lt;/div&gt;
    &lt;/td&gt;
    &lt;td&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="right" valign="bottom"&gt;
    &lt;b&gt;&amp;#8212;&lt;/b&gt;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="right" valign="bottom"&gt;
    40
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;/tr&gt;
    &lt;tr valign="bottom" style="background: #cceeff"&gt;
    &lt;td align="left" valign="bottom"&gt;
    &lt;div style="text-indent: -10pt; margin-left: 10pt"&gt;
    &lt;b&gt;Funding program loans from European Investment Bank:&lt;/b&gt;
    &lt;/div&gt;
    &lt;/td&gt;
    &lt;td&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="right" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="right" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;/tr&gt;
    &lt;tr valign="bottom"&gt;
    &lt;td align="left" valign="bottom"&gt;
    &lt;div style="text-indent: -10pt; margin-left: 10pt"&gt;
    0.32% due 2014, floating interest rate at Libor + 0.017%
    &lt;/div&gt;
    &lt;/td&gt;
    &lt;td&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="right" valign="bottom"&gt;
    &lt;b&gt;80&lt;/b&gt;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="right" valign="bottom"&gt;
    100
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;/tr&gt;
    &lt;tr valign="bottom" style="background: #cceeff"&gt;
    &lt;td align="left" valign="bottom"&gt;
    &lt;div style="text-indent: -10pt; margin-left: 10pt"&gt;
    0.31% due 2015, floating interest rate at Libor + 0.026%
    &lt;/div&gt;
    &lt;/td&gt;
    &lt;td&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="right" valign="bottom"&gt;
    &lt;b&gt;47&lt;/b&gt;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="right" valign="bottom"&gt;
    56
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;/tr&gt;
    &lt;tr valign="bottom"&gt;
    &lt;td align="left" valign="bottom"&gt;
    &lt;div style="text-indent: -10pt; margin-left: 10pt"&gt;
    0.34% due 2016, floating interest rate at Libor + 0.052%
    &lt;/div&gt;
    &lt;/td&gt;
    &lt;td&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="right" valign="bottom"&gt;
    &lt;b&gt;116&lt;/b&gt;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="right" valign="bottom"&gt;
    136
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;/tr&gt;
    &lt;tr valign="bottom" style="background: #cceeff"&gt;
    &lt;td align="left" valign="bottom"&gt;
    &lt;div style="text-indent: -10pt; margin-left: 10pt"&gt;
    0.62% due 2016, floating interest rate at Libor + 0.317%
    &lt;/div&gt;
    &lt;/td&gt;
    &lt;td&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="right" valign="bottom"&gt;
    &lt;b&gt;155&lt;/b&gt;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="right" valign="bottom"&gt;
    180
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;/tr&gt;
    &lt;tr valign="bottom"&gt;
    &lt;td align="left" valign="bottom"&gt;
    &lt;div style="text-indent: -10pt; margin-left: 10pt"&gt;
    0.50% due 2016, floating interest rate at Libor + 0.213%
    &lt;/div&gt;
    &lt;/td&gt;
    &lt;td&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="right" valign="bottom"&gt;
    &lt;b&gt;171&lt;/b&gt;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="right" valign="bottom"&gt;
    200
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;/tr&gt;
    &lt;tr valign="bottom" style="background: #cceeff"&gt;
    &lt;td align="left" valign="bottom"&gt;
    &lt;div style="text-indent: -10pt; margin-left: 10pt"&gt;
    &lt;b&gt;Other funding program loans:&lt;/b&gt;
    &lt;/div&gt;
    &lt;/td&gt;
    &lt;td&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="right" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="right" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;/tr&gt;
    &lt;tr valign="bottom"&gt;
    &lt;td align="left" valign="bottom"&gt;
    &lt;div style="text-indent: -10pt; margin-left: 10pt"&gt;
    0.90% (weighted average), due 2010, fixed interest rate
    &lt;/div&gt;
    &lt;/td&gt;
    &lt;td&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="right" valign="bottom"&gt;
    &lt;b&gt;&amp;#8212;&lt;/b&gt;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="right" valign="bottom"&gt;
    12
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;/tr&gt;
    &lt;tr valign="bottom" style="background: #cceeff"&gt;
    &lt;td align="left" valign="bottom"&gt;
    &lt;div style="text-indent: -10pt; margin-left: 10pt"&gt;
    0.46% (weighted average), due 2012, fixed interest rate
    &lt;/div&gt;
    &lt;/td&gt;
    &lt;td&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="right" valign="bottom"&gt;
    &lt;b&gt;2&lt;/b&gt;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="right" valign="bottom"&gt;
    6
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;/tr&gt;
    &lt;tr valign="bottom"&gt;
    &lt;td align="left" valign="bottom"&gt;
    &lt;div style="text-indent: -10pt; margin-left: 10pt"&gt;
    0.50% (weighted average), due 2013, fixed interest rate
    &lt;/div&gt;
    &lt;/td&gt;
    &lt;td&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="right" valign="bottom"&gt;
    &lt;b&gt;3&lt;/b&gt;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="right" valign="bottom"&gt;
    3
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;/tr&gt;
    &lt;tr valign="bottom" style="background: #cceeff"&gt;
    &lt;td align="left" valign="bottom"&gt;
    &lt;div style="text-indent: -10pt; margin-left: 10pt"&gt;
    0.49% (weighted average), due 2014, fixed interest rate
    &lt;/div&gt;
    &lt;/td&gt;
    &lt;td&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="right" valign="bottom"&gt;
    &lt;b&gt;3&lt;/b&gt;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="right" valign="bottom"&gt;
    8
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;/tr&gt;
    &lt;tr valign="bottom"&gt;
    &lt;td align="left" valign="bottom"&gt;
    &lt;div style="text-indent: -10pt; margin-left: 10pt"&gt;
    0.50% (weighted average), due 2016, fixed interest rate
    &lt;/div&gt;
    &lt;/td&gt;
    &lt;td&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="right" valign="bottom"&gt;
    &lt;b&gt;1&lt;/b&gt;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="right" valign="bottom"&gt;
    2
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;/tr&gt;
    &lt;tr valign="bottom" style="background: #cceeff"&gt;
    &lt;td align="left" valign="bottom"&gt;
    &lt;div style="text-indent: -10pt; margin-left: 10pt"&gt;
    0.50% (weighted average), due 2017, fixed interest rate
    &lt;/div&gt;
    &lt;/td&gt;
    &lt;td&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="right" valign="bottom"&gt;
    &lt;b&gt;1&lt;/b&gt;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="right" valign="bottom"&gt;
    67
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;/tr&gt;
    &lt;tr valign="bottom"&gt;
    &lt;td align="left" valign="bottom"&gt;
    &lt;div style="text-indent: -10pt; margin-left: 10pt"&gt;
    0.74% (weighted average), due 2018, fixed interest rate
    &lt;/div&gt;
    &lt;/td&gt;
    &lt;td&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="right" valign="bottom"&gt;
    &lt;b&gt;2&lt;/b&gt;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="right" valign="bottom"&gt;
    &amp;#8212;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;/tr&gt;
    &lt;tr valign="bottom" style="background: #cceeff"&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &lt;div style="text-indent: -10pt; margin-left: 10pt"&gt;
    &lt;b&gt;Capital leases:&lt;/b&gt;
    &lt;/div&gt;
    &lt;/td&gt;
    &lt;td&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="right" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="right" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;/tr&gt;
    &lt;tr valign="bottom"&gt;
    &lt;td align="left" valign="bottom"&gt;
    &lt;div style="text-indent: -10pt; margin-left: 10pt"&gt;
    6.48% (weighted average), due 2011, fixed interest rate
    &lt;/div&gt;
    &lt;/td&gt;
    &lt;td&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="right" valign="bottom"&gt;
    &lt;b&gt;2&lt;/b&gt;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="right" valign="bottom"&gt;
    8
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;/tr&gt;
    &lt;tr valign="bottom" style="background: #cceeff"&gt;
    &lt;td align="left" valign="bottom"&gt;
    &lt;div style="text-indent: -10pt; margin-left: 10pt"&gt;
    6.00% (weighted average), due 2014, fixed interest rate
    &lt;/div&gt;
    &lt;/td&gt;
    &lt;td&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="right" valign="bottom"&gt;
    &lt;b&gt;7&lt;/b&gt;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="right" valign="bottom"&gt;
    9
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;/tr&gt;
    &lt;tr valign="bottom"&gt;
    &lt;td align="left" valign="bottom"&gt;
    &lt;div style="text-indent: -10pt; margin-left: 10pt"&gt;
    5.29% (weighted average), due 2017, fixed interest rate
    &lt;/div&gt;
    &lt;/td&gt;
    &lt;td&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="right" valign="bottom"&gt;
    &lt;b&gt;2&lt;/b&gt;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="right" valign="bottom"&gt;
    2
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;/tr&gt;
    &lt;tr valign="bottom" style="background: #cceeff"&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &lt;div style="text-indent: -10pt; margin-left: 10pt"&gt;
    &lt;b&gt;Senior Bonds:&lt;/b&gt;
    &lt;/div&gt;
    &lt;/td&gt;
    &lt;td&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="right" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="right" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;/tr&gt;
    &lt;tr valign="bottom"&gt;
    &lt;td align="left" valign="bottom"&gt;
    &lt;div style="text-indent: -10pt; margin-left: 10pt"&gt;
    1.43%, due 2013, floating interest rate at Euribor + 0.40%
    &lt;/div&gt;
    &lt;/td&gt;
    &lt;td&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="right" valign="bottom"&gt;
    &lt;b&gt;569&lt;/b&gt;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="right" valign="bottom"&gt;
    720
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;/tr&gt;
    &lt;tr valign="bottom" style="background: #cceeff"&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &lt;div style="text-indent: -10pt; margin-left: 10pt"&gt;
    &lt;b&gt;Convertible debt:&lt;/b&gt;
    &lt;/div&gt;
    &lt;/td&gt;
    &lt;td&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="right" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="right" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;/tr&gt;
    &lt;tr valign="bottom"&gt;
    &lt;td align="left" valign="bottom"&gt;
    &lt;div style="text-indent: -10pt; margin-left: 10pt"&gt;
    1.50% convertible bonds due 2016
    &lt;/div&gt;
    &lt;/td&gt;
    &lt;td&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="right" valign="bottom"&gt;
    &lt;b&gt;534&lt;/b&gt;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="right" valign="bottom"&gt;
    943
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;/tr&gt;
    &lt;tr valign="bottom" style="background: #cceeff"&gt;
    &lt;td align="left" valign="bottom"&gt;
    &lt;div style="text-indent: -10pt; margin-left: 10pt"&gt;
    &lt;b&gt;Total long-term debt&lt;/b&gt;
    &lt;/div&gt;
    &lt;/td&gt;
    &lt;td&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="right" valign="bottom"&gt;
    &lt;b&gt;1,695&lt;/b&gt;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="right" valign="bottom"&gt;
    2,492
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;/tr&gt;
    &lt;tr valign="bottom"&gt;
    &lt;td align="left" valign="bottom"&gt;
    &lt;div style="text-indent: -10pt; margin-left: 10pt"&gt;
    Less current portion (excluding short term borrowings)
    &lt;/div&gt;
    &lt;/td&gt;
    &lt;td&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="right" valign="bottom"&gt;
    &lt;b&gt;(645&lt;/b&gt;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &lt;b&gt;)&lt;/b&gt;
    &lt;/td&gt;
    &lt;td&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="right" valign="bottom"&gt;
    (176
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    )
    &lt;/td&gt;
    &lt;/tr&gt;
    &lt;tr valign="bottom" style="font-size: 1pt"&gt;
    &lt;td&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td style="border-top: 1px solid #000000"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td style="border-top: 1px solid #000000"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td style="border-top: 1px solid #000000"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td style="border-top: 1px solid #000000"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;/tr&gt;
    &lt;tr valign="bottom" style="background: #cceeff"&gt;
    &lt;td align="left" valign="bottom"&gt;
    &lt;div style="text-indent: -10pt; margin-left: 10pt"&gt;
    &lt;b&gt;Total long-term debt, less current portion&lt;/b&gt;
    &lt;/div&gt;
    &lt;/td&gt;
    &lt;td&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="right" valign="bottom"&gt;
    &lt;b&gt;1,050&lt;/b&gt;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="right" valign="bottom"&gt;
    2,316
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;/tr&gt;
    &lt;tr valign="bottom" style="font-size: 1pt"&gt;
    &lt;td&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td style="border-top: 3px double #000000"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td style="border-top: 3px double #000000"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td style="border-top: 3px double #000000"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td style="border-top: 3px double #000000"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;/tr&gt;
    &lt;/table&gt;
    &lt;div align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent"&gt;
    &lt;/div&gt;
    &lt;div style="margin-top: 6pt; font-size: 1pt"&gt;&amp;#160;
    &lt;/div&gt;
    &lt;div align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent"&gt;
    Long-term debt is denominated in the following currencies:
    &lt;/div&gt;
    &lt;div style="margin-top: 6pt; font-size: 1pt"&gt;&amp;#160;
    &lt;/div&gt;
    &lt;table border="0" width="100%" align="center" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent; text-align: left"&gt;
    &lt;!-- Table Width Row BEGIN --&gt;
    &lt;tr style="font-size: 1pt" valign="bottom"&gt;
    &lt;td width="75%"&gt;&amp;#160;&lt;/td&gt;&lt;!-- colindex=01 type=maindata --&gt;
    &lt;td width="2%"&gt;&amp;#160;&lt;/td&gt;&lt;!-- colindex=02 type=gutter --&gt;
    &lt;td width="1%" align="right"&gt;&amp;#160;&lt;/td&gt;&lt;!-- colindex=02 type=lead --&gt;
    &lt;td width="8%" align="right"&gt;&amp;#160;&lt;/td&gt;&lt;!-- colindex=02 type=body --&gt;
    &lt;td width="1%" align="left"&gt;&amp;#160;&lt;/td&gt;&lt;!-- colindex=02 type=hang1 --&gt;
    &lt;td width="3%"&gt;&amp;#160;&lt;/td&gt;&lt;!-- colindex=03 type=gutter --&gt;
    &lt;td width="1%" align="right"&gt;&amp;#160;&lt;/td&gt;&lt;!-- colindex=03 type=lead --&gt;
    &lt;td width="8%" align="right"&gt;&amp;#160;&lt;/td&gt;&lt;!-- colindex=03 type=body --&gt;
    &lt;td width="1%" align="left"&gt;&amp;#160;&lt;/td&gt;&lt;!-- colindex=03 type=hang1 --&gt;
    &lt;/tr&gt;
    &lt;!-- Table Width Row END --&gt;
    &lt;!-- TableOutputHead --&gt;
    &lt;tr style="font-size: 8pt" valign="bottom" align="center"&gt;
    &lt;td nowrap="nowrap" align="center" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td colspan="2" nowrap="nowrap" align="center" valign="bottom"&gt;
    &lt;b&gt;December&amp;#160;31,&lt;br /&gt;
    &lt;/b&gt;
    &lt;/td&gt;
    &lt;td&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td colspan="2" nowrap="nowrap" align="center" valign="bottom"&gt;
    &lt;b&gt;December&amp;#160;31,&lt;br /&gt;
    &lt;/b&gt;
    &lt;/td&gt;
    &lt;td&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;/tr&gt;
    &lt;tr style="font-size: 8pt" valign="bottom" align="center"&gt;
    &lt;td nowrap="nowrap" align="center" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td colspan="2" nowrap="nowrap" align="center" valign="bottom" style="border-bottom: 1px solid #000000"&gt;
    &lt;b&gt;2010&lt;/b&gt;
    &lt;/td&gt;
    &lt;td&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td colspan="2" nowrap="nowrap" align="center" valign="bottom" style="border-bottom: 1px solid #000000"&gt;
    &lt;b&gt;2009&lt;/b&gt;
    &lt;/td&gt;
    &lt;td&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;/tr&gt;
    &lt;tr style="line-height: 3pt; font-size: 1pt"&gt;
    &lt;td&gt;&amp;#160;
    &lt;/td&gt;
    &lt;/tr&gt;
    &lt;!-- TableOutputBody --&gt;
    &lt;tr valign="bottom" style="background: #cceeff"&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &lt;div style="text-indent: -10pt; margin-left: 10pt"&gt;
    U.S. dollar
    &lt;/div&gt;
    &lt;/td&gt;
    &lt;td&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="right" valign="bottom"&gt;
    &lt;b&gt;1,113&lt;/b&gt;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="right" valign="bottom"&gt;
    1,666
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;/tr&gt;
    &lt;tr valign="bottom"&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &lt;div style="text-indent: -10pt; margin-left: 10pt"&gt;
    Euro
    &lt;/div&gt;
    &lt;/td&gt;
    &lt;td&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="right" valign="bottom"&gt;
    &lt;b&gt;582&lt;/b&gt;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="right" valign="bottom"&gt;
    826
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;/tr&gt;
    &lt;tr valign="bottom" style="background: #cceeff"&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &lt;div style="text-indent: -10pt; margin-left: 10pt"&gt;
    &lt;b&gt;Total&lt;/b&gt;
    &lt;/div&gt;
    &lt;/td&gt;
    &lt;td&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="right" valign="bottom"&gt;
    &lt;b&gt;1,695&lt;/b&gt;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="right" valign="bottom"&gt;
    2,492
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;/tr&gt;
    &lt;/table&gt;
    &lt;div align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent"&gt;
    &lt;/div&gt;
    &lt;div style="margin-top: 6pt; font-size: 1pt"&gt;&amp;#160;
    &lt;/div&gt;
    &lt;div align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent"&gt;
    The European Investment Bank&amp;#8217;s loans denominated in EUR,
    but drawn in USD, are classified as
    &lt;font style="white-space: nowrap"&gt;USD-denominated&lt;/font&gt;
    debt.
    &lt;/div&gt;
    &lt;!-- XBRL Pagebreak Begin --&gt;
    &lt;/div&gt;
    &lt;!-- END PAGE WIDTH --&gt;
    &lt;!-- PAGEBREAK --&gt;
    &lt;div style="margin-left: 0%"&gt;
    &lt;!-- BEGIN PAGE WIDTH --&gt;
    &lt;div align="center" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent"&gt;
    &lt;b&gt;
    &lt;font style="font-family: 'Times New Roman', Times"&gt;
    &lt;/font&gt;
    &lt;/b&gt;
    &lt;/div&gt;
    &lt;!-- XBRL Pagebreak End --&gt;
    &lt;div style="margin-top: 6pt; font-size: 1pt"&gt;&amp;#160;
    &lt;/div&gt;
    &lt;div align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent"&gt;
    Aggregate future maturities of total long-term debt outstanding
    (including current portion) are as follows:
    &lt;/div&gt;
    &lt;div style="margin-top: 6pt; font-size: 1pt"&gt;&amp;#160;
    &lt;/div&gt;
    &lt;table border="0" width="100%" align="center" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent; text-align: left"&gt;
    &lt;!-- Table Width Row BEGIN --&gt;
    &lt;tr style="font-size: 1pt" valign="bottom"&gt;
    &lt;td width="86%"&gt;&amp;#160;&lt;/td&gt;&lt;!-- colindex=01 type=maindata --&gt;
    &lt;td width="2%"&gt;&amp;#160;&lt;/td&gt;&lt;!-- colindex=02 type=gutter --&gt;
    &lt;td width="1%" align="right"&gt;&amp;#160;&lt;/td&gt;&lt;!-- colindex=02 type=lead --&gt;
    &lt;td width="10%" align="right"&gt;&amp;#160;&lt;/td&gt;&lt;!-- colindex=02 type=body --&gt;
    &lt;td width="1%" align="left"&gt;&amp;#160;&lt;/td&gt;&lt;!-- colindex=02 type=hang1 --&gt;
    &lt;/tr&gt;
    &lt;!-- Table Width Row END --&gt;
    &lt;!-- TableOutputHead --&gt;
    &lt;tr style="font-size: 8pt" valign="bottom" align="center"&gt;
    &lt;td nowrap="nowrap" align="center" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td colspan="2" nowrap="nowrap" align="center" valign="bottom"&gt;
    &lt;b&gt;December&amp;#160;31,&lt;br /&gt;
    &lt;/b&gt;
    &lt;/td&gt;
    &lt;td&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;/tr&gt;
    &lt;tr style="font-size: 8pt" valign="bottom" align="center"&gt;
    &lt;td nowrap="nowrap" align="center" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td colspan="2" nowrap="nowrap" align="center" valign="bottom" style="border-bottom: 1px solid #000000"&gt;
    &lt;b&gt;2010&lt;/b&gt;
    &lt;/td&gt;
    &lt;td&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;/tr&gt;
    &lt;tr style="line-height: 3pt; font-size: 1pt"&gt;
    &lt;td&gt;&amp;#160;
    &lt;/td&gt;
    &lt;/tr&gt;
    &lt;!-- TableOutputBody --&gt;
    &lt;tr valign="bottom" style="background: #cceeff"&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &lt;div style="text-indent: -10pt; margin-left: 10pt"&gt;
    2011
    &lt;/div&gt;
    &lt;/td&gt;
    &lt;td&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="right" valign="bottom"&gt;
    &lt;b&gt;645&lt;/b&gt;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;/tr&gt;
    &lt;tr valign="bottom"&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &lt;div style="text-indent: -10pt; margin-left: 10pt"&gt;
    2012
    &lt;/div&gt;
    &lt;/td&gt;
    &lt;td&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="right" valign="bottom"&gt;
    &lt;b&gt;109&lt;/b&gt;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;/tr&gt;
    &lt;tr valign="bottom" style="background: #cceeff"&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &lt;div style="text-indent: -10pt; margin-left: 10pt"&gt;
    2013
    &lt;/div&gt;
    &lt;/td&gt;
    &lt;td&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="right" valign="bottom"&gt;
    &lt;b&gt;676&lt;/b&gt;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;/tr&gt;
    &lt;tr valign="bottom"&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &lt;div style="text-indent: -10pt; margin-left: 10pt"&gt;
    2014
    &lt;/div&gt;
    &lt;/td&gt;
    &lt;td&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="right" valign="bottom"&gt;
    &lt;b&gt;106&lt;/b&gt;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;/tr&gt;
    &lt;tr valign="bottom" style="background: #cceeff"&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &lt;div style="text-indent: -10pt; margin-left: 10pt"&gt;
    2015
    &lt;/div&gt;
    &lt;/td&gt;
    &lt;td&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="right" valign="bottom"&gt;
    &lt;b&gt;84&lt;/b&gt;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;/tr&gt;
    &lt;tr valign="bottom"&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &lt;div style="text-indent: -10pt; margin-left: 10pt"&gt;
    Thereafter
    &lt;/div&gt;
    &lt;/td&gt;
    &lt;td&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="right" valign="bottom"&gt;
    &lt;b&gt;75&lt;/b&gt;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;/tr&gt;
    &lt;tr valign="bottom" style="font-size: 1pt"&gt;
    &lt;td&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td style="border-top: 1px solid #000000"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td style="border-top: 1px solid #000000"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;/tr&gt;
    &lt;tr valign="bottom" style="background: #cceeff"&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &lt;div style="text-indent: -10pt; margin-left: 10pt"&gt;
    &lt;b&gt;Total&lt;/b&gt;
    &lt;/div&gt;
    &lt;/td&gt;
    &lt;td&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="right" valign="bottom"&gt;
    &lt;b&gt;1,695&lt;/b&gt;
    &lt;/td&gt;
    &lt;td nowrap="nowrap" align="left" valign="bottom"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;/tr&gt;
    &lt;tr valign="bottom" style="font-size: 1pt"&gt;
    &lt;td&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td style="border-top: 3px double #000000"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td style="border-top: 3px double #000000"&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;td&gt;
    &amp;#160;
    &lt;/td&gt;
    &lt;/tr&gt;
    &lt;/table&gt;
    &lt;div align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent"&gt;
    &lt;/div&gt;
    &lt;div style="margin-top: 6pt; font-size: 1pt"&gt;&amp;#160;
    &lt;/div&gt;
    &lt;div align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent"&gt;
    In February 2006, the Company issued $1,131&amp;#160;million
    principal amount at maturity of zero coupon senior convertible
    bonds due in February 2016. The bonds were issued at 100% of
    principal with a yield to maturity of 1.5% and resulted in net
    proceeds to the Company of $974&amp;#160;million less transaction
    fees. The bonds are convertible by the holder at any time prior
    to maturity at a conversion rate of 43.833898&amp;#160;shares per
    one thousand dollar face value of the bonds corresponding to
    42,694,216 equivalent shares. This conversion rate has been
    adjusted from 43.363087&amp;#160;shares per one thousand dollar face
    value of the bonds as at May&amp;#160;21, 2007, as the result of the
    extraordinary cash dividend approved by the Annual General
    Meeting of Shareholders held on May&amp;#160;14, 2008. This new
    conversion has been effective since May&amp;#160;19, 2008. The
    holders can also redeem the convertible bonds on
    February&amp;#160;23, 2011 at a price of $1,077.58, on
    February&amp;#160;23, 2012 at a price of $1,093.81 and on
    February&amp;#160;24, 2014 at a price of $1,126.99 per one thousand
    dollar face value of the bonds. The Company can call the bonds
    at any time after March&amp;#160;10, 2011 subject to the
    Company&amp;#8217;s share price exceeding 130% of the accreted value
    divided by the conversion rate for 20 out of 30 consecutive
    trading days. The Company may redeem for cash at the principal
    amount at issuance plus accumulated gross yield all, but not a
    portion, of the convertible bonds at any time if 10% or less of
    the aggregate principal amount at issuance of the convertible
    bonds remain outstanding in certain circumstances or in the
    event of changes to the tax laws of the Netherlands or any
    successor jurisdiction. During 2009 the Company repurchased 98
    thousand bonds corresponding to $106&amp;#160;million principal
    amount for a total cash consideration of $103&amp;#160;million,
    realizing a gain on the repurchase of $3&amp;#160;million. During
    2010 the Company repurchased 386 thousand bonds corresponding to
    $417&amp;#160;million principal amount for a total cash
    consideration of $410&amp;#160;million, realizing a gain on the
    repurchase of $7&amp;#160;million.
    &lt;/div&gt;
    &lt;div style="margin-top: 6pt; font-size: 1pt"&gt;&amp;#160;
    &lt;/div&gt;
    &lt;div align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent"&gt;
    In March 2006, STMicroelectronics Finance B.V. (&amp;#8220;ST
    BV&amp;#8221;), a wholly owned subsidiary of the Company, issued
    floating rate senior bonds with a principal amount of
    &amp;#8364;500&amp;#160;million at an issue price of 99.873%. The notes,
    which mature on March&amp;#160;17, 2013, pay a coupon rate of the
    three-month Euribor plus 0.40% on the 17th of June, September,
    December and March of each year through maturity. In the event
    of changes to the tax laws of the Netherlands or any successor
    jurisdiction, ST BV or the Company may redeem the full amount of
    senior bonds for cash. In the event of certain change in control
    triggering events, the holders can cause ST BV or the Company to
    repurchase all or a portion of the bonds outstanding. During
    2010 the Company repurchased 74 thousand bonds for a total cash
    consideration of $98&amp;#160;million.
    &lt;/div&gt;
    &lt;div style="margin-top: 12pt; font-size: 1pt"&gt;&amp;#160;
    &lt;/div&gt;
    &lt;div align="left" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent"&gt;
    &lt;b&gt;&lt;font style="font-family: 'Times New Roman', Times"&gt;Credit
    facilities&lt;/font&gt;&lt;/b&gt;
    &lt;/div&gt;
    &lt;div style="margin-top: 6pt; font-size: 1pt"&gt;&amp;#160;
    &lt;/div&gt;
    &lt;div align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent"&gt;
    The Company had unutilized committed medium term credit
    facilities with core relationship banks totalling
    $492&amp;#160;million. In addition, the aggregate amount of the
    Company&amp;#8217;s and its subsidiaries&amp;#8217; total available
    short-term credit facilities, excluding foreign exchange credit
    facilities, was approximately $664&amp;#160;million as at
    December&amp;#160;31, 2010. In addition, ST-Ericsson had
    $100&amp;#160;million of committed line from Ericsson as parent
    company, of which $75 was withdrawn and reported as
    &amp;#8220;Short-term borrowings&amp;#8221; at December&amp;#160;31, 2010. The
    Company also has three committed credit facilities with the
    European Investment Bank as part of R&amp;#038;D funding programs.
    The first one, for a total of &amp;#8364;245&amp;#160;million for
    R&amp;#038;D in France was fully drawn in U.S.&amp;#160;dollars for a
    total amount of $341&amp;#160;million, of which $98&amp;#160;million
    were paid back as at December&amp;#160;31, 2010. The second one,
    signed on July&amp;#160;21, 2008, for a total amount of
    &amp;#8364;250&amp;#160;million for R&amp;#038;D projects in Italy, was fully
    drawn in U.S.&amp;#160;dollars for $380&amp;#160;million, of which
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    third one, signed in September 2010, for a total of
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 -Publisher SEC
 -Name Regulation S-X (SX)
 -Number 210
 -Section 02
 -Paragraph 19, 20, 22
 -Article 5

Reference 2: http://www.xbrl.org/2003/role/presentationRef
 -Publisher FASB
 -Name Statement of Financial Accounting Standard (FAS)
 -Number 129
 -Paragraph 2, 4

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