| 2017 | 2016 | |||||||||
|
Listing exchange |
£m | £m | ||||||||
|
Current assets: |
||||||||||
|
Liquid investments |
78 | 89 | ||||||||
|
Cash and cash equivalents |
3,833 | 4,897 | ||||||||
|
|
|
|
|
|||||||
| 3,911 | 4,986 | |||||||||
|
|
|
|
|
|||||||
|
Short-term borrowings: |
||||||||||
|
Commercial paper |
(529 | ) | (1,094 | ) | ||||||
|
Bank loans and overdrafts |
(236 | ) | (332 | ) | ||||||
|
Obligations under finance leases |
(23 | ) | (23 | ) | ||||||
|
1.50% US$ US Medium Term Note 2017 |
New York Stock Exchange | — | (1,612 | ) | ||||||
|
5.625% € European Medium Term Note 2017 |
London Stock Exchange | — | (1,068 | ) | ||||||
|
5.65% US$ US Medium Term Note 2018 |
New York Stock Exchange | (2,037 | ) | — | ||||||
|
|
|
|
|
|||||||
| (2,825 | ) | (4,129 | ) | |||||||
|
|
|
|
|
|||||||
|
Long-term borrowings: |
||||||||||
|
5.65% US$ US Medium Term Note 2018 |
New York Stock Exchange | — | (2,216 | ) | ||||||
|
0.625% € European Medium Term Note 2019 |
London Stock Exchange | (1,324 | ) | (1,276 | ) | |||||
|
0% € European Medium Term Note 2020 |
London Stock Exchange | (1,060 | ) | — | ||||||
|
2.85% US$ US Medium Term Note 2022 |
New York Stock Exchange | (1,474 | ) | (1,603 | ) | |||||
|
2.8% US$ US Medium Term Note 2023 |
New York Stock Exchange | (919 | ) | (999 | ) | |||||
|
1.375% € European Medium Term Note 2024 |
London Stock Exchange | (876 | ) | (845 | ) | |||||
|
4.00% € European Medium Term Note 2025 |
London Stock Exchange | (659 | ) | (635 | ) | |||||
|
1% € European Medium Term Note 2026 |
London Stock Exchange | (617 | ) | — | ||||||
|
3.375% £ European Medium Term Note 2027 |
London Stock Exchange | (593 | ) | (593 | ) | |||||
|
1.375% € European Medium Term Note 2029 |
London Stock Exchange | (439 | ) | — | ||||||
|
5.25% £ European Medium Term Note 2033 |
London Stock Exchange | (986 | ) | (986 | ) | |||||
|
5.375% US$ US Medium Term Note 2034 |
London Stock Exchange | (368 | ) | (401 | ) | |||||
|
6.375% US$ US Medium Term Note 2038 |
New York Stock Exchange | (2,021 | ) | (2,199 | ) | |||||
|
6.375% £ European Medium Term Note 2039 |
London Stock Exchange | (695 | ) | (695 | ) | |||||
|
5.25% £ European Medium Term Note 2042 |
London Stock Exchange | (989 | ) | (988 | ) | |||||
|
4.2% US$ US Medium Term Note 2043 |
New York Stock Exchange | (363 | ) | (395 | ) | |||||
|
4.25% £ European Medium Term Note 2045 |
London Stock Exchange | (789 | ) | (789 | ) | |||||
|
Obligations under finance leases |
(43 | ) | (41 | ) | ||||||
|
Other long term borrowings |
(49 | ) | — | |||||||
|
|
|
|
|
|||||||
| (14,264 | ) | (14,661 | ) | |||||||
|
|
|
|
|
|||||||
|
Net debt |
(13,178 | ) | (13,804 | ) | ||||||
|
|
|
|
|
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