The following information was taken from the footnotes to Johnson & Johnson€™s 2014 financial statements (dollars in millions):

REQUIRED:
a. Which amounts appeared on Johnson & Johnson€™s balance sheet and where?
b. What is a zero coupon debenture, and how does the effective interest rate affect the debenture? Explain.
c. Which of the long-term debts above were issued at face value (i.e., sold at par)?
d. Is the face value of the 6.95 percent notes due 2029 greater than, less than, or equal to the balance sheet value? Explain.

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(Dollars in Millions) 2014 Effective Rate % 2.15% Notes due 2016 2.22% 898 3 month LIBOR+0.07% FRN due 2016 800 0.31 0.70% Notes due 2016 398 0.74 5.55% Debentures due 2017 1,000 5.55 1.125% Notes due 2017 697 1.15 5.15% Debentures due 2018 898 5.15 1.65% Notes due 2018 597 1.70 4.75% Notes due 2019 (1B Euro 1.2199)@/(1B Euro 1.3683)® 1,216 5.83 1.875% Notes due 2019 497 1.93 3% Zero Coupon Convertible Subordinated Debentures due 2020 158 3.00 2.95% Debentures due 2020 543 3.15 3.55% Notes due 2021 446 3.67 2.45% Notes due 2021 349 2.48 6.73% Debentures due 2023 250 6.73 3.375% Notes due 2023 812 3.17 5.50% Notes due 2024 (500MM GBP 1.5542)ª/(50OMM GBP 1.6414)) 772 6.75 6.95% Notes due 2029 7.14 297 (Dollars in Millions) 2014 Effective Rate % 4.95% Debentures due 2033 500 4.95 4.375% Notes due 2033 865 4.23 5.95% Notes due 2037 995 5.99 5.85% Debentures due 2038 700 5.86 4.50% Debentures due 2040 539 4.63 4.85% Notes due 2041 298 4.89 4.50% Notes due 2043 499 4.52 Other 105 Subtotal 15,129 4.08%() Less current portion Total long-term debt $15,122