Long-Term Debt Maturities

Note 4—Debt

Short-Term Borrowings

The Company enters into various short-term bank credit facilities, totaling $451 and $700 in 2014 and 2013, respectively. At the end of 2014, there were no outstanding borrowings under these credit facilities and $36 outstanding at the end of 2013, with interest rates ranging from 0.10% to 4.31%.

The weighted average borrowings, maximum borrowings, and weighted average interest rate under all short-term borrowing arrangements, were as follows for 2014 and 2013:



Category of Aggregate Short-term Borrowings	Maximum Amount Outstanding During the Fiscal Year		Average Amount Outstanding During the Fiscal Year		Weighted Average Interest Rate During the Fiscal Year
2014:
Bank borrowings:
Japan	$	93	$	67	0.55	%
Bank overdraft facility:
United Kingdom	18		7		1.54	%
2013:
Bank borrowings:
Japan	$	157	$	56	0.56	%
Bank overdraft facility:
United Kingdom	14		4		1.50	%

Long-Term Debt

In December 2012, the Company issued $3,500 in aggregate principal amount of Senior Notes (December 2012 Notes collectively) as follows: $1,200 of 0.65% Senior Notes due December 7, 2015 (0.65% Notes); $1,100 of 1.125% Senior Notes due December 15, 2017 (1.125% Notes); and $1,200 of 1.7% Senior Notes due December 15, 2019 (1.7% Notes). Interest is payable semi-annually. The Company, at its option, may redeem the December 2012 Notes at any time, in whole or in part, at a redemption price plus accrued interest. The redemption price is equal to the greater of 100% of the principal amount of the December 2012 Notes to be redeemed or the sum of the present value of the remaining scheduled payments of principal and interest to maturity. Additionally, the Company will be required to make an offer to purchase the December 2012 Notes at a price of 101% of the principal amount plus accrued and unpaid interest to the date of repurchase, upon certain events as defined by the terms of the December 2012 Notes. The discount and issuance costs associated with the December 2012 Notes are being amortized to interest expense over the terms of the notes. The December 2012 Notes are classified as a Level 2 measurement in the fair value hierarchy.

In February 2007, the Company issued $1,100 of 5.5% Senior Notes due March 15, 2017 at a discount of $6 (the 2007 Senior Note). Interest is payable semi-annually. The discount and issuance costs associated with the Senior Note are being amortized to interest expense over the term of the note. The Company, at its option, may redeem the 2007 Senior Note at any time, in whole or in part, at a redemption price plus accrued interest. The redemption price is equal to the greater of 100% of the principal amount of the 2007 Senior Note to be redeemed or the sum of the present value of the remaining scheduled payments of principal and interest to maturity. Additionally, the Company will be required to make an offer to purchase the 2007 Senior Note at a price of 101% of the principal amount plus accrued and unpaid interest to the date of repurchase, upon certain events as defined by the terms of the 2007 Senior Note. This note is classified as a Level 2 measurement in the fair value hierarchy.

Other long-term debt consisted primarily of promissory notes and term loans issued by the Company's Japanese subsidiary. These notes and term loans are classified primarily as a Level 3 measurement in the fair value hierarchy. In July 2014, the Company's Japanese subsidiary also issued approximately $117 of 0.92% Yen-denominated guaranteed Senior Notes through a private placement. Interest on these Senior Notes is payable semi-annually and principal is due July 8, 2024. This debt is classified as a Level 3 measurement in the fair value hierarchy.

The estimated fair value of the Company's debt was based primarily on reported market values, recently completed market transactions, and estimates based upon interest rates, maturities, and credit. The carrying value and estimated fair value at the end of 2014 and 2013 consisted of the following:



	2014				2013
	Carrying Value		Fair Value		Carrying Value		Fair Value
0.65% Senior Notes due December 2015	$	1,199	$	1,203	$	1,199	$	1,200
5.5% Senior Notes due March 2017	1,099		1,223		1,098		1,248
1.125% Senior Notes due December 2017	1,100		1,095		1,100		1,065
1.7% Senior Notes due December 2019	1,198		1,186		1,198		1,157
Other long-term debt	497		510		403		412
Long-term debt, excluding current portion	$	5,093	$	5,217	$	4,998	$	5,082

Maturities of long-term debt during the next five fiscal years and thereafter are as follows:



2015	$	0
2016	1,296
2017	1,099
2018	1,191
2019	96
Thereafter	1,411
Total	$	5,093

Entity Registrant Name	COSTCO WHOLESALE CORP /NEW
CIK	0000909832
Accession number	0000909832-14-000021
Link to XBRL instance	http://www.sec.gov/Archives/edgar/data/909832/000090983214000021/cost-20140831.xml
Fiscal year end	--08-31
Fiscal year focus	2014
Fiscal period focus	FY
Current balance sheet date	2014-08-31
Current year-to-date income statement start date	2013-09-02

Description	Fact value	US GAAP XBRL Concept
Year 1 (Current portion)	0	us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
Year 2	1,296,000,000	us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
Year 3	1,099,000,000	us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
Year 4	1,191,000,000	us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
Year 5	96,000,000	us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
Thereafter	1,411,000,000	us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
Total Long-term Debt	5,093,000,000	us-gaap:LongTermDebt
CHECK	0	*

Description	Fact value	US GAAP XBRL Concept
Current portion	7,000,000	us-gaap:CapitalLeaseObligationsCurrent
Noncurrent portion	5,093,000,000	us-gaap:LongTermDebtNoncurrent
Total Long-Term Debt	5,093,000,000	us-gaap:LongTermDebt
CHECK	-7,000,000	*