XML 81 R22.htm IDEA: XBRL DOCUMENT v2.4.0.6
LONG-TERM DEBT
6 Months Ended
Apr. 30, 2013
Debt Disclosure [Abstract]  
LONG-TERM DEBT
15. LONG-TERM DEBT
 
Senior Notes
 
The following table summarizes the company’s long-term senior notes and the related interest rate swaps:
 
 
April 30, 2013
 
October 31, 2012
 
Amortized Principal
 
Swap
 
Total
 
Amortized
Principal
 
Swap
 
Total
 
(in millions)
2015 Senior Notes
$
499

 
$
16

 
$
515

 
$
499

 
$
18

 
$
517

2017 Senior Notes
599

 
24

 
623

 
599

 
26

 
625

2020 Senior Notes
498

 
27

 
525

 
498

 
29

 
527

2022 Senior Notes
399

 

 
399

 
399

 

 
399

Total
$
1,995

 
$
67

 
$
2,062

 
$
1,995

 
$
73

 
$
2,068

 
All notes issued are unsecured and rank equally in right of payment with all of Agilent’s other senior unsecured indebtedness. There have been no changes to the principal, maturity, interest rates and interest payment terms of the senior notes in the three and six months ended April 30, 2013 as compared to the senior notes described in our Annual Report on Form 10-K for the fiscal year ended October 31, 2012. All swap contracts have been terminated and amounts to be amortized over the remaining life of the senior notes as of April 30, 2013 and October 31, 2012 are detailed above.
 
Other Debt

As of April 30, 2013, and as a result of the Dako acquisition, we have a mortgage debt, secured on buildings  in Denmark, in Danish Krone equivalent of $44 million aggregate principal outstanding with a Danish financial institution. The loan has a variable interest rate based on 3 months Copenhagen Interbank Rate ("Cibor") and will mature on September 30, 2027. Interest payments are made in March, June, September and December of each year.