Changes to debt during 2013 are as follows:
| (dollars in millions) | ||||||||||||
| Debt Maturing within One Year |
Long-term Debt |
Total | ||||||||||
|
Balance at January 1, 2013 |
$ | 4,369 | $ | 47,618 | $ | 51,987 | ||||||
|
Proceeds from long-term borrowings |
– | 49,166 | 49,166 | |||||||||
|
Repayments of long-term borrowings and capital leases obligations |
(3,943 | ) | (4,220 | ) | (8,163 | ) | ||||||
|
Decrease in short-term obligations, excluding current maturities |
(142 | ) | – | (142 | ) | |||||||
|
Reclassifications of long-term debt |
3,328 | (3,328 | ) | – | ||||||||
|
Other |
321 | 422 | 743 | |||||||||
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|
Balance at December 31, 2013 |
$ | 3,933 | $ | 89,658 | $ | 93,591 | ||||||
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