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Long-Term Debt (Tables)
12 Months Ended
Dec. 31, 2014
Debt Disclosure [Abstract]  
Long-Term Debt Obligations
The face value of our total long-term debt obligations is as follows (in millions):
 
December 31,
 
2014
 
2013
0.65% Notes due on November 27, 2015 (1)
$
750

 
$
750

1.20% Notes due on November 29, 2017 (1)
1,000

 
1,000

2.50% Notes due on November 29, 2022 (1)
1,250

 
1,250

2.60% Notes due on December 5, 2019 (2)
1,000

 

3.30% Notes due on December 5, 2021 (2)
1,000

 

3.80% Notes due on December 5, 2024 (2)
1,250

 

4.80% Notes due on December 5, 2034 (2)
1,250

 

4.95% Notes due on December 5, 2044 (2)
1,500

 

Other long-term debt
881

 
967

Total debt
9,881

 
3,967

Less current portion of long-term debt
(1,520
)
 
(753
)
Face value of long-term debt
$
8,361

 
$
3,214


_____________________________
(1)
Issued in November 2012, effective interest rates of the 2015, 2017, and 2022 Notes were 0.84%, 1.38%, and 2.66%.
(2)
Issued in December 2014, effective interest rates of the 2019, 2021, 2024, 2034, and 2044 Notes were 2.73%, 3.43%, 3.90%, 4.92%, and 5.11%.
Future Principal Payments for Debt
As of December 31, 2014, future principal payments for our total debt were as follows (in millions):
 
Year Ended December 31,
2015
$
1,520

2016
36

2017
1,037

2018
38

2019
1,000

Thereafter
6,250

 
$
9,881