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Analyzing Debt Terms, Yields, Prices, and Credit Ratings Reproduced below is the debt footnote from the 2016 10-K report of Oracle Corporation May 31, 2016
Analyzing Debt Terms, Yields, Prices, and Credit Ratings Reproduced below is the debt footnote from the 2016 10-K report of Oracle Corporation May 31, 2016 May 31, 2015 $ millions Revolving credit agreements: $3,750, LIBOR plus 0.35%, due June 2016 $3,750 Floating-rate senior notes: $1,000, three-month LIBOR plus 0.20%, due July 2017 1,000 1,000 $500, three-month LIBOR plus 0.58%, due January 2019 500 500 $750, three-month LIBOR plus 0.51%, due October 2019 750 750 Fixed-rate senior notes: $2,000, 5.25%, due January 2016 $2,500, 1.20%, due October 2017 2,500 2,500 $2,500, 5.75%, due April 2018 2,500 2,500 $1,500, 2.375%, due January 2019 1,500 1,500 1,750 $1,750, 5.00%, due July 2019 $2,000, 2.25%, due October 2019 2,000 $1,000, 3.875%, due July 2020 1,000 1,000 1,250, 2.25%, due January 2021 1,394 1,352 $1,500, 2.80%, due July 2021 1,500 1,500 $2,500, 2.50%, due May 2022 2,500 2,500 $2,500, 2.50%, due October 2022 2,500 2,500 $1,000, 3.625%, due July 2023 1,000 1,000 $2,000, 3.40%, due July 2024 2,000 $2,500, 2.95%, due May 2025 2,500 2,500 750, 3.125%, due July 2025 836 810 $500, 3.25%, due May 2030 500 500 1,750 $1,750, 4.30%, due July 2034 $ 1,250, 3.90%, due May 2035 1,250 1,250 $1,250, 6.50%, due April 2038 1,250 1,250 $1,250, 6.125%, due July 2039 1,250 1,250 $2,250, 5.375%, due July 2040 2,250 2,250 $1,000, 4.50%, due July 2044 1,000 1,000 $2,000, 4.125%, due May 2045 2,000 1,250 1,250 $1,250, 4.375%, due May 2055 Total senior notes and other borrowings 43,980 42,162 Unamortized discount/issuance costs (247) (278) 122 74 Hedge accounting fair value adjustments Total notes payable and other borrowings 43,855 41,958 (3,750) (1,999) Notes payable and other borrowings, current $40,105 $39,959 Notes payable, non-current Future principal payments (adjusted for the effects of the cross-currency swap agreements associated with the January 2021 Notes) for all of our borrowings at May 31, 2016 were as follows: $ millions Fiscal 2017 $3,750 Fiscal 2018 6,000 Fiscal 2019 2,000 Fiscal 2020 4,500 Fiscal 2021 2,655 Thereafter 25,336 $44,241 Total Reproduced below is a summary of the market values as of December 2016 of select Oracle bonds (from Morningstar, www.morningstar.com) Maturity Date Amount$. Price Coupon % Maturity % Yield to Name 2.950 Oracle 2.95% 5/15/25 2,500 97.9 3.23 Oracle 4% 7/15/46 3,000 94.3 4.000 4.34 Oracle 4.375% 5/15/55 1,250 93.2 4.375 4.76 (a) What is the amount of debt reported on Oracle's May 31, 2016 balance sheet? x million
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