Note 11 - Debt (Tables)

12 Months Ended

Dec. 31, 2012

Note 7 - Debt [Abstract]

Carrying value of outstanding debt

The following tables summarizes the carrying value of our outstanding debt as of December 31, 2012 and 2011:

	Coupon		Carrying Value as of		Effective
	Rate		December 31, 2012		Interest Rate
	(In millions, except percentages)
Long-Term Debt
Senior notes due 2015	1.625	%	$	599	1.805	%
Senior notes due 2015	0.700	%	250		0.820	%
Senior notes due 2017	1.350	%	999		1.456	%
Senior notes due 2020	3.250	%	498		3.389	%
Senior notes due 2022	2.600	%	999		2.678	%
Senior notes due 2042	4.000	%	742		4.114	%
Total senior notes			4,087
Notes payable			13
Capital lease obligations			6
Total long-term debt			$	4,106
Short-Term Debt
Senior notes due 2013	0.875	%	$	400	1.078	%
Notes payable			2
Capital lease obligations			11
Total short-term debt			413
Total Debt			$	4,519

	Coupon		Carrying Value as of		Effective
	Rate		December 31, 2011		Interest Rate
	(In millions, except percentages)
Long-Term Debt
Senior notes due 2013	0.875	%	$	400	1.078	%
Senior notes due 2015	1.625	%	598		1.805	%
Senior notes due 2020	3.250	%	497		3.389	%
Total senior notes			1,495
Notes payable			15
Capital lease obligations			15
Total long-term debt			$	1,525
Short-Term Debt
Commercial paper			$	550
Notes payable			2
Capital lease obligations			13
Total short-term debt			565
Total Debt			$	2,090

Schedule of present value of minimum lease payments

The present value of future minimum lease payments as of December 31, 2012 was as follows:

	December 31, 2012
	(In millions)
Gross capital lease obligations	$	18
Imputed interest	(1		)
Total present value of future minimum lease payments	$	17

Schedule of expected future principal maturities

Expected future principal maturities as of December 31, 2012 are as follows (in millions):

Fiscal Years:
	2013	$	413
	2014	19
	2015	850
	2016	—
	2017	1,000
	Thereafter	2,250
		$	4,532