Long-Term Borrowings

12 Months Ended

Nov. 03, 2019

Long-Term Borrowings

Long-Term Borrowings

Note 10. Long-Term Borrowings

Long-term borrowings of the Company at November 3, 2019 and October 28, 2018 consisted of the following (in millions of dollars):

	2019			2018
Senior Debt:
Medium-term notes due 2020-2029 (principal $20,794.7 - 2019, $19,808.2 - 2018):	$	21,055.9	*	$	19,447.5	*
Average interest rate of 2.8% - 2019, 2.8% - 2018
Other notes		51.1			34.4
Total senior debt		21,107.0			19,481.9
Unamortized debt discount and debt issuance costs		(54.6)			(49.7)
Total **	$	21,052.4		$	19,432.2

*             Includes unamortized fair value adjustments related to interest rate swaps.

**           All interest rates are as of year end.

The approximate principal amounts of long-term borrowings maturing in each of the next five years, in millions of dollars, are as follows: 2020 - $5,723.1, 2021 - $5,727.1, 2022 - $5,266.9, 2023 - $3,130.3, and 2024 - $2,446.5.