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Financing arrangements (Tables)
12 Months Ended
Dec. 31, 2011
Financing arrangements [Abstract]  
Carrying values and the fixed contractual coupon rates of long-term borrowings
                 
    2011     2010  

0.125% convertible notes due 2011 (0.125% 2011 Convertible Notes)

  $     $ 2,488  

0.375% convertible notes due 2013 (0.375% 2013 Convertible Notes)

    2,346       2,213  

1.875% notes due 2014 (1.875% 2014 Notes)

    1,000        

4.85% notes due 2014 (4.85% 2014 Notes)

    1,000       1,000  

2.30% notes due 2016 (2.30% 2016 Notes)

    748        

2.50% notes due 2016 (2.50% 2016 Notes)

    999        

5.85% notes due 2017 (5.85% 2017 Notes)

    1,099       1,099  

6.15% notes due 2018 (6.15% 2018 Notes)

    499       499  

4.375% euro denominated notes due 2018 (4.375% 2018 euro Notes)

    714        

5.70% notes due 2019 (5.70% 2019 Notes)

    998       998  

4.50% notes due 2020 (4.50% 2020 Notes)

    300       300  

3.45% notes due 2020 (3.45% 2020 Notes)

    897       897  

4.10% notes due 2021 (4.10% 2021 Notes)

    998        

3.875% notes due 2021 (3.875% 2021 Notes)

    1,745        

5.50% pound sterling denominated notes due 2026 (5.50% 2026 pound sterling Notes)

    739        

6.375% notes due 2037 (6.375% 2037 Notes)

    899       899  

6.90% notes due 2038 (6.90% 2038 Notes)

    499       499  

6.40% notes due 2039 (6.40% 2039 Notes)

    996       996  

5.75% notes due 2040 (5.75% 2040 Notes)

    697       696  

4.95% notes due 2041 (4.95% 2041 Notes)

    595       595  

5.15% notes due 2041 (5.15% 2041 Notes)

    2,232        

5.65% notes due 2042 (5.65% 2042 Notes)

    1,244        

Other notes, including our zero-coupon convertible notes

    184       183  
   

 

 

   

 

 

 

Total debt

    21,428       13,362  

Less current portion

    (84)       (2,488)  
   

 

 

   

 

 

 

Total noncurrent debt

  $ 21,344     $ 10,874  
   

 

 

   

 

 

 
Principal balance, unamortized discount and net carrying amounts of the liability and equity components of our 2013 convertible notes
                                 
    Liability component     Equity component  

0.375% 2013 Convertible Notes

  Principal
balance
    Unamortized
discount
    Net carrying
amount
    Net carrying
amount
 

December 31, 2011

  $ 2,500     $ 154     $ 2,346     $ 829  

December 31, 2010

  $ 2,500     $ 287     $ 2,213     $ 829  
The effective interest rates on notes after giving effect to the related interest rate swap contracts and the notional amounts of interest rate swap contracts
                     
        Notional amount  
   

Effective interest rate

  2011     2010  

4.85% 2014 Notes

  LIBOR + 0.3%   $ 1,000     $ 1,000  

5.85% 2017 Notes

  LIBOR + 2.5%     1,100       1,100  

6.15% 2018 Notes

  LIBOR + 1.8%     500       500  

5.70% 2019 Notes

  LIBOR + 2.6%     1,000       1,000  
       

 

 

   

 

 

 
        $ 3,600     $ 3,600  
       

 

 

   

 

 

 
Aggregate contractual maturities of long-term debt obligations
         

Maturity date

  Amount  

2012(1)

  $ 84  

2013(2)

    2,500  

2014

    2,000  

2015

     

2016

    1,750  

Thereafter

    15,312  
   

 

 

 

Total

  $ 21,646  
   

 

 

 

 

 

(1) 

This amount represents the accreted value of our zero-coupon convertible notes due in 2032 which will be redeemed on March 1, 2012.