Long-Term Debt and Short-Term Borrowings (Tables)

12 Months Ended

Dec. 31, 2012

Long-Term Debt and Short-Term Borrowings

Schedule of Long-Term Debt

Long-Term Debt
	Currency/	Effective		Final
(Millions)	Fixed vs.	Interest		Maturity
Description / 2012 Principal Amount	Floating	Rate		Date	2012		2011
Eurobond (775 million Euros)	Euro Fixed	4.30	%	2014	$	1,034	$	1,017
Medium-term note ($1 billion)	USD Fixed	1.62	%	2016		994		992
Medium-term note ($850 million)	USD Fixed	4.42	%	2013		850		849
30-year bond ($750 million)	USD Fixed	5.73	%	2037		747		747
Medium-term note ($650 million)	USD Fixed	1.10	%	2017		647		―
Medium-term note ($600 million)	USD Fixed	2.17	%	2022		592		―
Medium-term note	USD Fixed	―	%	―		―		500
Eurobond (250 million Euros)	Euro Floating	0.88	%	2014		349		347
30-year debenture ($330 million)	USD Fixed	6.01	%	2028		347		348
UK borrowing (66 million GBP)	GBP Floating	1.34	%	2015		106		―
Floating rate note ($97 million)	USD Floating	0.00	%	2041		97		97
Floating rate note ($59 million)	USD Floating	0.00	%	2044		59		59
Other borrowings	Various	0.36	%	2013-2040		80		91
Total long-term debt					$	5,902	$	5,047
Less: current portion of long-term debt						986		563
Long-term debt (excluding current portion)					$	4,916	$	4,484

Schedule of Short-Term Borrowings and Current Portion of Long-Term Debt

Short-Term Borrowings and Current Portion of Long-Term Debt
	Effective
(Millions)	Interest Rate		2012		2011
Current portion of long-term debt	3.83	%	$	986	$	563
U.S. dollar commercial paper	―	%		―		―
Other borrowings	4.70	%		99		119
Total short-term borrowings and current portion of long-term debt			$	1,085	$	682

Schedule of Weighted-Average Effective Interest Rate

Weighted-Average Effective Interest Rate
	Total
At December 31	2012		2011
Short-term	3.91	%	4.32	%
Long-term	3.16	%	3.76	%

Schedule of Maturities of long-term debt

Maturities of long-term debt for the five years subsequent to December 31, 2012 are as follows (in millions):
										After
2013		2014		2015		2016		2017		2017		Total
$	986	$	1,481	$	107	$	994	$	648	$	1,686	$	5,902