At September 30, 2011, we had no borrowings outstanding, and no borrowings were made during the third quarter and nine months ended September 30, 2011 against our $3 billion revolving credit facility or under our U.S. commercial paper program that is backed by the revolving credit facility.

In February and March 2011, we retired the following debt at a weighted average price equal to 112 percent of face value. A $279 million loss on extinguishment of debt was recognized in the first quarter of 2011. The loss includes related deferred financing and premium costs partially offset by the gain on settled interest rate swaps.

(In millions)
6.000% notes due 2012	$	400
6.125% notes due 2012		450
8.375% secured notes due 2012^{a}		448
6.500% debentures due 2014		700
5.900% notes due 2018		40
7.500% debentures due 2019		460
Total debt purchases	$	2,498

In April 2010, we retired $500 million in aggregate principal of our debt under two tender offers at a weighted average price equal to 117 percent of face value. As a result of the tender offers, we recorded a loss on extinguishment of debt of $92 million, including the transaction premium as well as the expensing of related deferred financing costs on the debt in the second quarter of 2010.

In May 2010, United States Steel redeemed $89 million of certain industrial development and environmental improvement bonds.

United States Steel has issued calls for the fourth quarter of 2011 on the remaining environmental revenue bonds for which we remained obligated after the USX Separation.