Below are questions regarding Nescafes debt structure. If the company happens to have no debt at all, explain why you think Nescafe may have zero debt. If the company has debt, then explain the following:

Does your company borrow mostly from banks or does it issue bonds? Does your company uses capital leases? Does your company have commercial paper outstanding? Does your company have an unused credit line? What type of debt does your company use the most?

Overall, are your findings compatible with the arguments regarding debt structure?

Debt Summary Data
For the Fiscal Period Ending	12 Months		12 Months		12 Months
	Dec-31-2019		Dec-31-2020		Dec-31-2021
Currency	USD		USD		USD
Units	Millions	% of Total	Millions	% of Total	Millions	% of Total
Total Commercial Paper	10,007.00	22.70%	1,329.00	3.00%	2,462.00	5.60%
Total Revolving Credit	0	0.00%	-	-	0	0.00%
Total Senior Bonds and Notes	31,552.20	71.40%	39,265.50	88.40%	38,803.90	87.70%
Total Lease Liabilities	1,392.00	3.20%	1,622.00	3.70%	1,471.00	3.30%
General/Other Borrowings	1,535.00	3.50%	1,405.00	3.20%	1,666.00	3.80%
Total Principal Due	44,486.20	100.70%	43,621.50	98.20%	44,402.90	100.40%
Total Adjustments	-310.2	-0.70%	798.5	1.80%	-156.9	-0.40%
Total Debt Outstanding	44,176.00	100.00%	44,420.00	100.00%	44,246.00	100.00%
Available Credit
Undrawn Revolving Credit	-	-	-	-	9,972.00	-
Total Undrawn Credit	-	-	-	-	9,972.00	-
Additional Totals
Total Cash & ST Investments	11,185.00	-	10,914.00	-	12,626.00	-
Net Debt	32,991.00	-	33,506.00	-	31,620.00	-
Total Senior Debt	44,486.20	100.70%	43,621.50	98.20%	44,402.90	100.40%
Total Short-Term Borrowings	10,994.00	24.90%	2,183.00	4.90%	3,307.00	7.50%
Curr. Port. of LT Debt/Cap. Leases	4,534.00	10.30%	812	1.80%	1,648.00	3.70%
Long-Term Debt (Incl. Cap. Leases)	28,648.00	64.80%	41,425.00	93.30%	39,291.00	88.80%
Total Bank Debt	0	0.00%	-	-	0	0.00%
Total Secured Debt	1,392.00	3.20%	1,622.00	3.70%	1,471.00	3.30%
Total Senior Secured Debt	1,392.00	3.20%	1,622.00	3.70%	1,471.00	3.30%
Total Unsecured Debt	43,094.20	97.60%	41,999.50	94.60%	42,931.90	97.00%
Senior Unsecured Bonds and Notes 46	31,552.20	71.40%	39,265.50	88.40%	38,803.90	87.70%
Fixed Rate Debt	22,769.30	51.50%	24,707.70	55.60%	31,546.90	71.30%
Variable Rate Debt	1,250.70	2.80%	861	1.90%	131	0.30%
Hedging Activities	474	1.10%	651	1.50%	497	1.10%