Long-term Debt

The Company has various committed lines of credit in the U.S., committed with 22 financial institutions, used to support its commercial paper program. In May 2018, the Company renewed and extended its existing five year credit facility of $5.0 billion and renewed and extended its 364-day revolving credit facility and increased it to $10.0 billion from $7.5 billion. In total, the Company has committed lines of credit in the U.S. of $15.0 billion at July 31, 2018 and $12.5 billion at January 31, 2018, all undrawn.

The following table provides the changes in the Company's long-term debt for the six months ended July 31, 2018:



(Amounts in millions)	Long-term debt due within one year			Long-term debt			Total
Balances as of February 1, 2018	$	3,738		$	30,045		$	33,783
Proceeds from issuance of long-term debt	—			15,851			15,851
Repayments of long-term debt	(3,029		)	(21		)	(3,050		)
Reclassifications of long-term debt	364			(364		)	—
Other	17			(553		)	(536		)
Balances as of July 31, 2018	$	1,090		$	44,958		$	46,048

Debt Issuances

Information on long-term debt issued during the six months ended July 31, 2018, to fund a portion of the purchase price for the Flipkart acquisition discussed in Note 10 and for general corporate purposes, is as follows:

(Amounts in millions)

Issue Date

Principal Amount

Maturity Date

Fixed vs. Floating

Interest Rate

Net Proceeds

June 27, 2018

750 USD

June 23, 2020

Floating

748

June 27, 2018

1,250 USD

June 23, 2020

Fixed

2.850%

1,247

June 27, 2018

750 USD

June 23, 2021

Floating

748

June 27, 2018

1,750 USD

June 23, 2021

Fixed

3.125%

1,745

June 27, 2018

2,750 USD

June 26, 2023

Fixed

3.400%

2,740

June 27, 2018

1,500 USD

June 26, 2025

Fixed

3.550%

1,490

June 27, 2018

2,750 USD

June 26, 2028

Fixed

3.700%

2,725

June 27, 2018

1,500 USD

June 28, 2038

Fixed

3.950%

1,473

June 27, 2018

3,000 USD

June 29, 2048

Fixed

4.050%

2,935

Total

15,851

These issuances are senior, unsecured notes which rank equally with all other senior, unsecured debt obligations of the Company, and are not convertible or exchangeable. These issuances do not contain any financial covenants and do not restrict the Company's ability to pay dividends or repurchase company stock.

Maturities

The following table provides details of debt repayments during the six months ended July 31, 2018:



(Amounts in millions)
Maturity Date	Principal Amount	Fixed vs. Floating	Interest Rate	Repayment
February 15, 2018	1,250 USD	Fixed	5.800%	$	1,250
April 11, 2018	1,250 USD	Fixed	1.125%	1,250
June 1, 2018	500 USD	Floating	5.498%	500
Various	50 USD	Various	Various	50
Total repayment of matured debt				$	3,050

Annual maturities of long-term debt for the remainder of fiscal 2019, the next five years and thereafter are as follows:



(Amounts in millions)
Fiscal year	Maturities
Remainder of 2019	$	699
2020	1,875
2021	5,326
2022	3,086
2023	2,851
Thereafter	32,211
Total	$	46,048