Coca Cola 2006 Annual Report Download - page 92

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THE COCA-COLA COMPANY AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
NOTE 9: LONG-TERM DEBT
Long-term debt consisted of the following (in millions):
December 31, 2006 2005
53⁄4% U.S. dollar notes due 2009 $ 399 $ 399
53⁄4% U.S. dollar notes due 2011 499 499
73⁄8% U.S. dollar notes due 2093 116 116
Other, due through 20141333 168
$ 1,347 $ 1,182
Less current portion 33 28
Long-term debt $ 1,314 $ 1,154
1The weighted-average interest rate on outstanding balances was 6% for both the years ended
December 31, 2006 and 2005.
The above notes include various restrictions, none of which is presently significant to our Company.
The principal amount of our long-term debt that had fixed and variable interest rates, respectively, was
$1,346 million and $1 million on December 31, 2006. The principal amount of our long-term debt that had fixed
and variable interest rates, respectively, was $1,181 million and $1 million on December 31, 2005. The weighted-
average interest rate on the outstanding balances of our Company’s long-term debt was 6.0 percent for both the
years ended December 31, 2006 and 2005.
Total interest paid was approximately $212 million, $233 million and $188 million in 2006, 2005 and 2004,
respectively. For a more detailed discussion of interest rate management, refer to Note 12.
Maturities of long-term debt for the five years succeeding December 31, 2006, are as follows (in millions):
Maturities of
Long-Term Debt
2007 $ 33
2008 175
2009 436
2010 54
2011 522
90