Long-term debt (Tables)

12 Months Ended

Dec. 31, 2011

Long-term debt

Long-term debt

	December 31,
(Millions of dollars)	2011		2010		2009
Machinery and Power Systems:
Notes—6.550% due 2011	$	—	$	—	$	251
Notes—Floating Rate (Three-month USD LIBOR plus 0.17%) due 2013	750		—		—
Notes—1.375% due 2014	750		—		—
Notes—5.700% due 2016	510		512		515
Notes—3.900% due 2021	1,245		—		—
Notes—5.200% due 2041	1,247		—		—
Debentures—9.375% due 2011	—		—		123
Debentures—7.000% due 2013	350		350		350
Debentures—7.900% due 2018	899		899		899
Debentures—9.375% due 2021	120		120		120
Debentures—8.000% due 2023	82		82		82
Debentures—6.625% due 2028	299		299		299
Debentures—7.300% due 2031	349		349		349
Debentures—5.300% due 2035 1	206		205		204
Debentures—6.050% due 2036	748		748		748
Debentures—8.250% due 2038	248		248		248
Debentures—6.950% due 2042	250		249		249
Debentures—7.375% due 2097	297		297		297
Capital lease obligations	46		81		211
Other	19		66		707
Total Machinery and Power Systems	8,415		4,505		5,652
Financial Products:
Commercial paper	—		—		71
Medium-term notes	15,701		14,993		15,363
Other	828		939		761
Total Financial Products	16,529		15,932		16,195
Total long-term debt due after one year	$	24,944	$	20,437	$	21,847
1 Debentures due in 2035 have a face value of $307 million and an effective yield to maturity of 8.56%.

Aggregate amounts of maturities of long-term debt

	December 31,
(Millions of dollars)	2012		2013		2014		2015		2016
Machinery and Power Systems	$	558	$	1,118	$	757	$	5	$	522
Financial Products	5,102		5,816		4,664		987		1,775
	$	5,660	$	6,934	$	5,421	$	992	$	2,297