(dollars in millions)

Debt Maturing
within One Year

Long-term

Debt

Total

Balance at January 1, 2011

$

7,542

$

45,252

$

52,794

Proceeds from long-term borrowings

–

6,440

Repayments of long-term borrowings and capital leases obligations

(7,356

)

–

(7,356

)

Increase in short-term obligations, excluding current maturities

1,012

–

1,012

Reclassifications of long-term debt

3,850

(3,850

)

–

Debt acquired (Note 2)

748

–

748

Other

259

85

344

Balance at June 30, 2011

$

6,055

$

47,927

$

53,982