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Debt

12 Months Ended

Apr. 30, 2013

Our long-term debt (net of unamortized discount) consisted of:



April 30,	2012		2013
5.00% notes, due in fiscal 2014	$	251	$	—
2.50% notes, due in fiscal 2016	249		249
1.00% notes, due in fiscal 2018	—		249
2.25% notes, due in fiscal 2023	—		249
3.75% notes, due in fiscal 2043	—		250
Other	6		2
	506		999
Less current portion	3		2
	$	503	$	997

Debt payments required over the next five fiscal years consist of $2 in 2014, $0 in 2015, $250 in 2016, $0 in 2017, $250 in 2018, and $500 after 2018.

On February 25, 2013, we redeemed, in full, our 5.00% notes due in fiscal 2014 by exercising a “make whole” call provision of the notes. In connection with the redemption, we incurred costs of $9, which is reflected as interest expense in the accompanying consolidated statement of operations.

- Definition

The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants.

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