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Note 8 - Debt (Tables)
 9 Months Ended
Sep. 30, 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
 
September 30, 2012
 Interest Rate
 
December 31, 2011
 Interest Rate
 
(In millions, except percentages)
Long-Term Debt
 
 
 
 
 
 
 
Senior notes due 2013
0.875
%
 
$
400

1.078
%
 
$
400

1.078
%
Senior notes due 2015
1.625
%
 
598

1.805
%
 
598

1.805
%
Senior notes due 2015
0.700
%
 
250

0.820
%
 
—

N/A

Senior notes due 2017
1.350
%
 
999

1.456
%
 
—

N/A

Senior notes due 2020
3.250
%
 
498

3.389
%
 
497

3.389
%
Senior notes due 2022
2.600
%
 
999

2.678
%
 
—

N/A

Senior notes due 2042
4.000
%
 
743

4.114
%
 
—

N/A

Total senior notes
 
 
4,487

 
 
1,495

 
Notes payable
 
 
13

 
 
15

 
Capital lease obligations
 
 
6

 
 
15

 
Total long-term debt
 
 
$
4,506

 
 
$
1,525

 
 
 
 
 
 
 
 
 
Short-Term Debt
 
 
 
 
 
 
 
Commercial paper
 
 
$
—

 
 
$
550

 
Notes payable
 
 
2

 
 
2

 
Capital lease obligations
 
 
10

 
 
13

 
Total short-term debt
 
 
12

 
 
565

 
Total Debt
 
 
$
4,518

 
 
$
2,090

 
Schedule of present value of minimum lease payments
The present value of future minimum capital lease payments as of September 30, 2012 was as follows (in millions):
Gross capital lease obligations
$
17

Imputed interest
(1
)
Total present value of future minimum capital lease payments
$
16