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TableofContents
In2015,othershort-termborrowingsprimarilyconsistedofbankborrowingsbyinternationalsubsidiaries,primarilyJapanand
Korea.
MaturitiesofLong-termDebt
Maturitiesoflong-termdebtforthefiveyearssubsequentofDecember31,2015areasfollows(inmillions):
     After 
2016 2017 2018 2019 2020 2020 Total
$ 1,125  $ 744  $ 993  $ 622  $ 1,203  $ 5,191  $ 9,878
Long-termdebtpaymentsduein2016and2017includefloatingratenotestotaling$126million(classifiedascurrentportionof
long-termdebt),and$96million(includedasaseparatefloatingratenoteinthelong-termdebttable),respectively,asaresultofput
provisionsassociatedwiththesedebtinstruments.
CreditFacilities
InAugust2014,3Mamendedandextendeditsexisting$1.5billionfive-yearrevolvingcreditfacilitytoa$2.25billionfive-year
agreementexpiringinAugust2019.Thiscreditagreementincludesaprovisionunderwhich3Mmayrequestanincreaseofupto
$2.25billion,bringingthetotalfacilityupto$4.5billion(atthelender’sdiscretion).ThisfacilitywasundrawnatDecember31,
2015.Underthe$2.25billioncreditagreement,theCompanyisrequiredtomaintainitsEBITDAtoInterestRatioasoftheendof
eachfiscalquarteratnotlessthan3.0to1.Thisiscalculated(asdefinedintheagreement)astheratioofconsolidatedtotalEBITDA
forthefourconsecutivequartersthenendedtototalinterestexpenseonallfundeddebtforthesameperiod.AtDecember31,2015,
thisratiowasapproximately56to1.Debtcovenantsdonotrestrictthepaymentofdividends.
OtherCreditFacilities
Apartfromthecommittedrevolvingfacility,anadditional$241millioninstand-alonelettersofcreditand$18millioninbank
guaranteeswerealsoissuedandoutstandingatDecember31,2015.Theselinesofcreditareutilizedinconnectionwithnormal
businessactivities.
Long-TermDebtIssuances
Theprincipalamounts,interestratesandmaturitydatesofindividuallong-termdebtissuancescanbefoundinthelong-termdebt
tablefoundatthebeginningofthisnote.
InMay2015,3Missued1.750billionEurosaggregateprincipalamountofmediumtermnotes.InAugust2015,3Missued$1.500
billionaggregateprincipalamountofmedium-termnotes.Upondebtissuance,theCompanyenteredintotwointerestrateswapsas
fairvaluehedgesofaportionofthefixedinterestratemedium-termnoteobligation.Thefirstconverteda$450millionthree-year
fixedratenote,andthesecondconverted$300millionofafive-yearfixedratenoteincludedinthisissuancetoaninterestratebased
onafloatingthree-monthLIBORindex.
InJune2014,3Missued$950millionaggregateprincipalamountofmedium-termnotes.Upondebtissuance,theCompanyentered
intoaninterestrateswaptoconvert$600millionofa$625millionnoteincludedinthisissuancetoaninterestratebasedona
floatingthree-monthLIBORindexasafairvaluehedgeofaportionofthefixedinterestratemedium-termnoteobligation.In
November2014,theCompanyissued1.250billionEurosaggregateprincipalamountofmedium-termnotes.
InNovember2013,3MissuedaEurobondforanamountof600millionEuros.Upondebtissuance,3Mcompletedafixed-to-
floatinginterestrateswaponanotionalamountof300millionEuros.
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