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Debt
3 Months Ended
Feb. 28, 2013
Debt

NOTE 2 – Debt

At February 28, 2013, our unsecured short-term borrowings consisted of euro-denominated commercial paper of $76 million and euro bank loans of $46 million, with an aggregate weighted-average interest rate of 0.2%.

In December 2012, we issued $500 million of unsecured publicly-traded notes, which bear interest at 1.9% and are due in December 2017. We used the net proceeds of these notes for general corporate purposes.

In February 2013, we issued $500 million of unsecured publicly-traded notes, which bear interest at 1.2% and are due in February 2016. The proceeds were used to repay a like amount of unsecured floating rate export credit facilities prior to their maturity dates through 2022.