Amgen (AM(iN) reports the following in the long-term debt footnote to its \(200710-\mathrm{K}\).

The aggregate contractual maturities of all long-term debt obligations due subsequent to December 31, 2007, are as follows (in millions):

a. What does the \(\$ 2,000\) million in 2008 and \(\$ 1,000\) million in 2009 indicate about Amgen's future payment obligations?

b. What implications does this payment schedule have for our evaluation of Amgen's liquidity and solvency?

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Maturity Date 2008.... 2009.. 2010.... 2011.. 2012.. Thereafter.. Total Amount $ 2,000 1,000 2,500 84 5,600 $11,184