Borrowing and Credit Agreements (Tables)

12 Months Ended

Dec. 31, 2013

Debt Disclosure [Abstract]

Summary of the Company's borrowings

The following table is a summary of the Company’s borrowings as of December 31:

In millions	2013			2012
Commercial paper	$	—		$	690
4.875% senior notes due 2014	550			550
3.25% senior notes due 2015	550			550
1.2% senior notes due 2016	750			—
6.125% senior notes due 2016	421			421
5.75% senior notes due 2017	1,310			1,310
2.25% senior notes due 2018	1,250			—
6.6% senior notes due 2019	394			394
4.75% senior notes due 2020	450			450
4.125% senior notes due 2021	550			550
2.75% senior notes due 2022	1,250			1,250
4.0% senior notes due 2023	1,250			—
6.25% senior notes due 2027	1,000			1,000
6.125% senior notes due 2039	1,500			1,500
5.75% senior notes due 2041	950			950
5.3% senior notes due 2043	750			—
Enhanced Capital Advantage Preferred Securities due 2062(1)	41			41
Deferred acquisition payables due 2015-2017(2)	42			—
Mortgage notes payable	4			1
Capital lease obligations	390			171
	13,402			9,828
Less:
Short-term debt (commercial paper)	—			(690		)
Current portion of long-term debt	(561		)	(5		)
	$	12,841		$	9,133

(1) The Enhanced Capital Advantage Preferred Securities (“ECAPS”) had a stated rate of interest of 6.302% through June 1, 2012, at which time the rate converted to a variable rate which was 2.3% and 2.6% at December 31, 2013 and 2012.

(2) Deferred acquisition payables are denominated in Brazilian real and bear interest at the Brazilian interbank deposit certificate rate which was 9.77% at December 31, 2013.