Debt

Debt as of June 27, 2014 and September 27, 2013 is as follows ($ in millions):



	As of
	June 27, 2014		September 27, 2013
3.375% public notes due 2015	$	258	$	258
3.75% public notes due 2018	67		67
8.5% public notes due 2019	364		364
7.0% public notes due 2019	246		246
6.875% public notes due 2021	465		466
4.625% public notes due 2023	42		42
Other⁽¹⁾	21		20
Total debt	1,463		1,463
Less current portion	20		20
Long-term debt	$	1,443	$	1,443

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⁽¹⁾	$20 million of the amount shown as Other as of both June 27, 2014 and September 27, 2013 represents the current portion of the Company's total debt.

Fair Value

The carrying amount of Tyco's debt subject to the fair value disclosure requirements as of both June 27, 2014 and September 27, 2013 was $1,443 million. The Company has determined the fair value of such debt to be $1,684 million and $1,676 million as of June 27, 2014 and September 27, 2013, respectively. The Company utilizes various valuation methodologies to determine the fair value of its debt, which is primarily dependent on the type of market in which the Company's debt is traded. When available, the Company uses quoted market prices to determine the fair value of its debt that is traded in active markets. As of June 27, 2014 and September 27, 2013, the Company's debt, all of which is actively traded and subject to the fair value disclosure requirements, is classified as Level 1 in the fair value hierarchy.

Commercial paper

From time to time Tyco International Finance S.A. ("TIFSA") may issue commercial paper for general corporate purposes. The maximum aggregate amount of unsecured commercial paper notes available to be issued on a private placement basis under the commercial paper program is $1 billion as of June 27, 2014. As of June 27, 2014 and September 27, 2013, TIFSA had no commercial paper outstanding.

Credit Facilities

The Company's committed revolving credit facility totaled $1 billion as of June 27, 2014. This revolving credit facility may be used for working capital, capital expenditures and general corporate purposes. As of June 27, 2014 and September 27, 2013 there were no amounts drawn under the Company's revolving credit facility. Interest under the revolving credit facility is variable and is calculated by reference to LIBOR or an alternate base rate.