Note 8 - Debt (Tables)

6 Months Ended

Jun. 30, 2013

Debt Disclosure [Abstract]

Carrying value of outstanding debt

The following table summarizes the carrying value of our outstanding debt:

	Coupon		Carrying Value as of		Effective		Carrying Value as of		Effective
	Rate		June 30, 2013		Interest Rate		December 31, 2012		Interest Rate
	(In millions, except percentages)
Long-Term Debt
Senior notes due 2015	1.625	%	$	599	1.805	%	$	599	1.805	%
Senior notes due 2015	0.700	%	250		0.820	%	250		0.820	%
Senior notes due 2017	1.350	%	999		1.456	%	999		1.456	%
Senior notes due 2020	3.250	%	498		3.389	%	498		3.389	%
Senior notes due 2022	2.600	%	999		2.678	%	999		2.678	%
Senior notes due 2042	4.000	%	743		4.114	%	742		4.114	%
Total senior notes			4,088				4,087
Other indebtedness			35				19
Total long-term debt			$	4,123			$	4,106
Short-Term Debt
Senior notes due 2013	0.875	%	$	400	1.078	%	$	400	1.078	%
Other indebtedness			10				13
Total short-term debt			410				413
Total Debt			$	4,533			$	4,519

Schedule of present value of minimum lease payments

The present value of future minimum capital lease payments as of June 30, 2013 was as follows (in millions):

	June 30, 2013
	(In millions)
Gross capital lease obligations	$	10
Imputed interest	(1		)
Total present value of future minimum capital lease payments	$	9