LONG-TERM DEBT AND CREDIT AGREEMENTS

3 Months Ended

Mar. 31, 2014

Long Term Debt And Credit Agreements [Abstract]

Long-term Debt and Credit Agreements

Note 10. Long-term Debt and Credit Agreements

		March 31,		December 31,
		2014		2013
3.875% notes due 2014	$	-	$	600
Floating rate notes due 2015		700		700
5.40% notes due 2016		400		400
5.30% notes due 2017		400		400
5.30% notes due 2018		900		900
5.00% notes due 2019		900		900
4.25% notes due 2021		800		800
3.35% notes due 2023		300		300
5.70% notes due 2036		550		550
5.70% notes due 2037		600		600
5.375% notes due 2041		600		600
Industrial development bond obligations, floating
rate maturing at various dates through 2037		34		35
6.625% debentures due 2028		216		216
9.065% debentures due 2033		51		51
Other (including capitalized leases), 0.6%-13.3%
maturing at various dates through 2023		418		381
		6,869		7,433
Less: current portion		(65)		(632)
	$	6,804	$	6,801

The schedule of principal payments on long-term debt is as follows:
		March 31, 2014
2014	$	30
2015		872
2016		481
2017		442
2018		901
Thereafter		4,143
		6,869
Less: current portion		(65)
	$	6,804

In February 2014, the Company repaid its $600 million of 3.875 percent notes. The repayment was funded with the issuance of commercial paper.

Our trade accounts receivable program which enabled us to sell interests in designated pools of trade accounts receivables to third parties was terminated in March 2014. None of the receivables in the designated pools had been sold to third parties as of December 31, 2013 or through the termination date of the program.