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Long-term debt (Tables)
12 Months Ended
Dec. 31, 2010
Long-term debt  
Long-term debt

 

 

 

 

December 31,

 

(Millions of dollars)

 

2010

 

2009

 

2008

 

Machinery and Power Systems:

 

 

 

 

 

 

 

Notes—6.550% due 2011

 

$

 

$

251

 

$

250

 

Notes—5.700% due 2016

 

512

 

515

 

517

 

Debentures—9.375% due 2011

 

 

123

 

123

 

Debentures—7.000% due 2013

 

350

 

350

 

350

 

Debentures—7.900% due 2018

 

899

 

899

 

898

 

Debentures—9.375% due 2021

 

120

 

120

 

120

 

Debentures—8.000% due 2023

 

82

 

82

 

82

 

Debentures—6.625% due 2028

 

299

 

299

 

299

 

Debentures—7.300% due 2031

 

349

 

349

 

349

 

Debentures—5.300% due 2035 (1)

 

205

 

204

 

203

 

Debentures—6.050% due 2036

 

748

 

748

 

748

 

Debentures—8.250% due 2038

 

248

 

248

 

248

 

Debentures—6.950% due 2042

 

249

 

249

 

249

 

Debentures—7.375% due 2097

 

297

 

297

 

297

 

Capital lease obligations

 

81

 

211

 

293

 

Other

 

66

 

707

 

710

 

Total Machinery and Power Systems

 

4,505

 

5,652

 

5,736

 

Financial Products:

 

 

 

 

 

 

 

Commercial paper

 

 

71

 

1,500

 

Medium-term notes

 

14,993

 

15,363

 

15,073

 

Other

 

939

 

761

 

525

 

Total Financial Products

 

15,932

 

16,195

 

17,098

 

Total long-term debt due after one year

 

$

20,437

 

$

21,847

 

$

22,834

 

 

(1)  Debentures due in 2035 have a face value of $307 million and an effective yield to maturity of 8.55%.

 

Aggregate amounts of maturities of long-term debt

 

 

 

 

December 31,

 

(Millions of dollars)

 

2011

 

2012

 

2013

 

2014

 

2015

 

Machinery and Power Systems

 

$

495

 

$

81

 

$

366

 

$

8

 

$

5

 

Financial Products

 

3,430

 

4,825

 

4,243

 

2,015

 

887

 

 

 

$

3,925

 

$

4,906

 

$

4,609

 

$

2,023

 

$

892