Bank of America 2002 Annual Report Download - page 62

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60 BANK OF AMERICA 200260 BANK OF AMERICA 2002
TABLE VI Debt and Lease Obligations
December 31, 2002
Due in Due After Due After
1 Year 1 Year Through 3 Years Through Due After
(Dollars in millions) or Less 3 Years 5 Years 5 Years Total
Long-term debt and capital leases(1) $ 8,219 $ 17,005 $ 12,723 $ 23,198 $ 61,145
Trust preferred securities(1) – – – 6,031 6,031
Operating lease obligations 1,166 2,174 1,864 2,174 7,378
Total debt and lease obligations $ 9,385 $ 19,179 $ 14,587 $ 31,403 $ 74,554
(1) Includes principal payments only.
TABLE V Short-Term Borrowings
2002 2001 2000
(Dollars in millions)
Amount Rate Amount Rate Amount Rate
Federal funds purchased
At December 31 $ 5,167 1.15% $ 5,487 1.45% $ 4,612 5.92%
Average during year 5,470 1.63 6,267 3.99 4,506 6.44
Maximum month-end balance during year 9,663 – 8,718 – 7,149 –
Securities sold under agreements to repurchase
At December 31 59,912 1.44 42,240 1.25 44,799 6.26
Average during year 67,751 1.73 54,826 4.01 79,217 5.93
Maximum month-end balance during year 99,313 – 70,674 – 90,062 –
Commercial paper
At December 31 114 1.20 1,558 1.99 6,955 6.54
Average during year 1,025 1.73 4,156 4.91 9,645 6.41
Maximum month-end balance during year 1,946 – 7,410 – 10,762 –
Other short-term borrowings
At December 31 25,120 1.29 20,659 2.13 35,243 5.97
Average during year 29,907 2.71 27,227 5.56 38,124 6.18
Maximum month-end balance during year 41,235 – 39,391 – 45,271 –