January 31, 2013 | January 31, 2012 | |||||||||||||||
(Amounts in millions) | Maturity Dates By Fiscal Year | Amount | Average Rate(1) | Amount | Average Rate(1) | |||||||||||
Unsecured debt | ||||||||||||||||
Fixed | 2014-2042 | $ | 32,476 | 4.6 | % | $ | 33,128 | 4.6 | % | |||||||
Variable | 2014 | 500 | 5.5 | % | 500 | 5.2 | % | |||||||||
Total U.S. dollar denominated | 32,976 | 33,628 | ||||||||||||||
Fixed | 2030 | 1,358 | 4.9 | % | 1,308 | 4.9 | % | |||||||||
Variable | — | — | ||||||||||||||
Total Euro denominated | 1,358 | 1,308 | ||||||||||||||
Fixed | 2031-2039 | 5,550 | 5.3 | % | 6,301 | 5.3 | % | |||||||||
Variable | — | — | ||||||||||||||
Total Sterling denominated | 5,550 | 6,301 | ||||||||||||||
Fixed | 2014-2021 | 1,942 | 1.4 | % | 2,335 | 1.4 | % | |||||||||
Variable | 2014-2016 | 1,056 | 0.7 | % | 1,271 | 0.8 | % | |||||||||
Total Yen denominated | 2,998 | 3,606 | ||||||||||||||
Total unsecured debt | 42,882 | 44,843 | ||||||||||||||
Total other debt (in USD)(2) | 2014-2042 | 1,099 | 1,202 | |||||||||||||
Total debt | 43,981 | 46,045 | ||||||||||||||
Less amounts due within one year | (5,587 | ) | (1,975 | ) | ||||||||||||
Long-term debt | $ | 38,394 | $ | 44,070 | ||||||||||||
(1) | The average rate represents the weighted-average stated rate for each corresponding debt category, based on year-end balances and year-end local currency interest rates. Interest costs are also impacted by certain derivative financial instruments described in Note 8. |
(2) | A portion of other debt at January 31, 2013 and 2012, includes secured debt in the amount of $627 million and $319 million, respectively, which was collateralized by property that had an aggregate carrying amount of approximately $599 million and $866 million, respectively. |