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Debt
3 Months Ended
Dec. 31, 2018
Debt Disclosure [Abstract]  
Debt
DEBT
Our total debt consists of the following:
Debt
(in millions)
December 31,
2018
 
September 30,
2018
Senior Notes and Debentures:
 
 
 
Senior notes due September 2019, 5.625%
$
221

 
$
550

Senior notes due December 2019, 2.750%
90

 
252

Senior notes due March 2021, 4.500%
498

 
497

Senior notes due December 2021, 3.875%
596

 
596

Senior notes due February 2022, 2.250%
49

 
102

Senior notes due June 2022, 3.125%
194

 
194

Senior notes due March 2023, 3.250%
181

 
181

Senior notes due September 2023, 4.250%
1,240

 
1,239

Senior notes due April 2024, 3.875%
489

 
488

Senior notes due October 2026, 3.450%
123

 
474

Senior debentures due December 2034, 4.850%
86

 
281

Senior debentures due April 2036, 6.875%
1,068

 
1,068

Senior debentures due October 2037, 6.750%
75

 
75

Senior debentures due February 2042, 4.500%
45

 
62

Senior debentures due March 2043, 4.375%
1,103

 
1,102

Senior debentures due June 2043, 4.875%
18

 
32

Senior debentures due September 2043, 5.850%
1,230

 
1,230

Senior debentures due April 2044, 5.250%
345

 
345

Junior Debentures:
 
 
 
Junior subordinated debentures due February 2057, 5.875%
642

 
642

Junior subordinated debentures due February 2057, 6.250%
642

 
642

Capital lease and other obligations
26

 
30

Total debt
8,961

 
10,082

Less current portion
326

 
567

Noncurrent portion
$
8,635

 
$
9,515

 
 
 
 

In the quarter ended December 31, 2018, we redeemed $1.128 billion of senior notes and debentures for a redemption price of $1.100 billion. As a result, we recognized a pre-tax extinguishment gain of $18 million, net of $10 million of unamortized debt costs and transaction fees.
Our 5.875% Junior subordinated debentures due February 2057 and 6.250% Junior subordinated debentures due February 2057 accrue interest at the stated fixed rates until February 28, 2022 and February 28, 2027, respectively, on which dates the rates will switch to floating rates based on three-month LIBOR plus 3.895% and 3.899%, respectively, reset quarterly. These debentures can be called by us at any time after the expiration of the fixed-rate period.
The total unamortized discount and issuance fees and expenses related to our notes and debentures outstanding was $419 million and $431 million as of December 31, 2018 and September 30, 2018, respectively.
Credit Facility
As of December 31, 2018, there were no amounts outstanding under our $2.5 billion revolving credit facility due November 2019. The credit facility is used for general corporate purposes and to support commercial paper outstanding. The credit facility has one principal financial covenant that requires our interest coverage for the most recent four consecutive fiscal quarters to be at least 3.0x, which we met as of December 31, 2018.