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NOTES PAYABLE (Tables)
12 Months Ended
Dec. 31, 2014
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Instruments
A summary of notes payable as of December 31 follows:
(In millions)
2014
 
2013
3.45% senior notes due August 2015
 
$
300

 
 
 
$
300

 
2.65% senior notes due February 2017
 
653

(1) 
 
 
655

(1) 
8.50% senior notes due May 2019
 
850


 
 
850


4.00% senior notes due February 2022
 
350

(2) 
 
 
349

(2) 
3.625% senior notes due June 2023
 
700

 
 
 
700

 
3.625% senior notes due November 2024
 
749

(2) 
 
 
0

 
6.90% senior notes due December 2039
 
397

(2) 
 
 
396

(2) 
6.45% senior notes due August 2040
 
448

(2) 
 
 
448

(2) 
5.50% subordinated debentures due September 2052
 
500

 
 
 
500

 
Yen-denominated Uridashi notes:
 
 
 
 
 
 
 
2.26% notes due September 2016 (principal amount 8 billion yen)
 
66

 
 
 
76

 
Yen-denominated Samurai notes:
 
 
 
 
 
 
 
1.47% notes paid July 2014 (principal amount 28.7 billion yen)
 
0

 
 
 
272

 
1.84% notes due July 2016 (principal amount 15.8 billion yen)
 
131

 
 
 
150

 
Variable interest rate notes paid July 2014 (1.30% in 2013, principal amount
5.5 billion yen)
 
0

 
 
 
52

 
Yen-denominated loans:
 
 
 
 
 
 
 
3.60% loan due July 2015 (principal amount 10 billion yen)
 
83

 
 
 
95

 
3.00% loan due August 2015 (principal amount 5 billion yen)
 
41

 
 
 
48

 
Capitalized lease obligations payable through 2019
 
14

 
 
 
6

 
Total notes payable
 
$
5,282

 
 
 
$
4,897

 

Schedule of Maturities of Long Term Debt
The aggregate contractual maturities of notes payable during each of the years after December 31, 2014, are as follows:
(In millions)
Long-term
Debt
 
Capitalized
Lease
Obligations
 
Total
Notes
Payable
2015
 
$
424

 
 
 
$
4

 
 
 
$
428

 
2016
 
197

 
 
 
4

 
 
 
201

 
2017
 
650

 
 
 
3

 
 
 
653

 
2018
 
0

 
 
 
2

 
 
 
2

 
2019
 
850

 
 
 
1

 
 
 
851

 
Thereafter
 
3,150

 
 
 
0

 
 
 
3,150

 
Total
 
$
5,271

 
 
 
$
14

 
 
 
$
5,285