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Note 8 - Debt (Tables)
 3 Months Ended
Mar. 31, 2012
Debt [Abstract]  
Carrying value of outstanding debt
The following table summarizes the carrying value of our outstanding debt:
 
Coupon
 
Carrying Value as of
Effective
 
Carrying Value as of
Effective
 
 Rate
 
March 31, 2012
 Interest Rate
 
December 31, 2011
 Interest Rate
 
(In millions, except percentages)
Long-Term Debt
 
 
 
 
 
 
 
Senior notes due 2013
0.875
%
 
$
400

0.946
%
 
$
400

0.946
%
Senior notes due 2015
1.625
%
 
598

1.703
%
 
598

1.703
%
Senior notes due 2020
3.250
%
 
497

3.319
%
 
497

3.319
%
Total senior notes
 
 
1,495

 
 
1,495

 
Note payable
 
 
14

 
 
15

 
Capital lease obligations
 
 
12

 
 
15

 
Total long-term debt
 
 
$
1,521

 
 
$
1,525

 
 
 
 
 
 
 
 
 
Short-Term Debt
 
 
 
 
 
 
 
Commercial paper
 
 
$
550

 
 
$
550

 
Note payable
 
 
2

 
 
2

 
Capital lease obligations
 
 
12

 
 
13

 
Total short-term debt
 
 
564

 
 
565

 
Total Debt
 
 
$
2,085

 
 
$
2,090

 
Schedule of present value of minimum lease payments
The present value of future minimum capital lease payments as of March 31, 2012 was as follows (in millions):
Gross capital lease obligations
$
25

Imputed interest
(1
)
Total present value of future minimum capital lease payments
$
24