PRUDENTIAL FINANCIAL INC | 2013 | FY | 3


Short-term Debt  
           
   Short-term debt at December 31 is as follows:         
    2013 2012
           
    (in millions) 
Commercial paper:        
 Prudential Financial $190  $113 
 Prudential Funding, LLC  460   359 
Subtotal commercial paper  650   472 
Other notes payable(1)   0   100 
Current portion of long-term debt(2)   2,019    1,912 
  Total short-term debt(3) $2,669  $2,484 
           
Supplemental short-term debt information:        
 Portion of commercial paper borrowings due overnight $466  $156 
 Daily average commercial paper outstanding $1,309  $1,194 
 Weighted average maturity of outstanding commercial paper, in days  18   21 
 Weighted average interest rate on outstanding short-term debt(4)  0.17%  0.28%

 

 

 


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