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Reproduced below is the debt footnote from the 2016 10-K report of Oracle Corporation. $ millions May 31, 2016 May 31, 2015 Revolving credit agreements:

Reproduced below is the debt footnote from the 2016 10-K report of Oracle Corporation.

$ millions May 31, 2016 May 31, 2015
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 2,000
$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, 5.00%, due July 2019 1,750 1,750
$2,000, 2.25%, due October 2019 2,000 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 2,000
$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, 4.30%, due July 2034 1,750 1,750
$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 2,000
$1,250, 4.375%, due May 2055 1,250 1,250
Total senior notes and other borrowings 43,980 42,162
Unamortized discount/issuance costs (247) (278)
Hedge accounting fair value adjustments 122 74
Total notes payable and other borrowings 43,855 41,958
Notes payable and other borrowings, current (3,750) (1,999)
Notes payable, non-current $40,105 $39,959

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
Total $44,241

Reproduced below is a summary of the market values as of December 2016 of select Oracle bonds (from Morningstar, www.morningstar.com).

Name Maturity Date Amount $ Price Coupon % Yield to Maturity %
Oracle 2.95% 5/15/25 2,500 97.9 2.950 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? $Answer

million What are the scheduled maturities for this indebtedness?

2017 $Answer

million
2018 $Answer

million
2019 $Answer

million
2020 $Answer

million
2021 $Answer

million
Thereafter $Answer

million

Oracles $3,000 million 4% notes traded at 94.3 or 94.3% of par, as of December 2016. What is the market value of these notes on that date? (Round your answer to one decimal place.)

$Answer

million

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