A summary of our debt at September 30, 2026 and December 31, 2025, including related interest rates at September 30, 2026, follows (dollars in millions):
|
|
|
|
|
|
|
|
|
September 30,
2026 |
|
|
December 31,
2025 |
|
Short-term borrowings: |
|
|
|
|
|
Commercial paper (average life of 26 days, weighted average rate of 4.2%) |
$ |
5,727 |
|
|
$ |
2,207 |
|
Long-term debt: |
|
|
|
|
|
Other debt (effective interest rate of 5.0%) |
|
1,005 |
|
|
|
1,021 |
|
Senior unsecured credit facility |
|
— |
|
|
|
— |
|
Senior unsecured notes payable through 2095 (effective interest rate of 5.1%) |
|
44,200 |
|
|
|
43,700 |
|
Debt issuance costs and discounts |
|
(439 |
) |
|
|
(436 |
) |
Total long-term debt (average life of 11.6 years, rates averaging 5.1%) |
|
44,766 |
|
|
|
44,285 |
|
Total debt |
|
50,493 |
|
|
|
46,492 |
|
Less amounts due within one year |
|
(8,093 |
) |
|
|
(4,889 |
) |
|
$ |
42,400 |
|
|
$ |
41,603 |
|
|