Microsoft 2012 Annual Report Download - page 63

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The following table outlines the estimated future amortization expense related to intangible assets held at June 30, 2012:
(In millions)
Year Ending June 30,
2013
$
597
2014
432
2015
367
2016
304
2017
234
Thereafter
1,236
Total
$
3,170
NOTE 12 — DEBT
As of June 30, 2012, the total carrying value and estimated fair value of our long-term debt, including the current portion,
were $11.9 billion and $13.2 billion, respectively. This is compared to a carrying value and estimated fair value of $11.9
billion and $12.1 billion, respectively, as of June 30, 2011. These estimated fair values are based on Level 2 inputs.
The components of our long-term debt, including the current portion, and the associated interest rates and semi-annual
interest record and payment dates were as follows as of June 30, 2012 and 2011:
Due Date
Face Value
Stated
Interest
Rate
Effective
Interest
Rate
Interest
Record Date
Interest
Pay Date
Interest
Record Date
Interest
Pay Date
(In millions)
Notes
September 27, 2013
$
1,000
0.875%
1.000%
March 15
March 27
September 15
September 27
June 1, 2014
2,000
2.950%
3.049%
May 15
June 1
November 15
December 1
September 25, 2015
1,750
1.625%
1.795%
March 15
March 25
September 15
September 25
February 8, 2016
750
2.500%
2.642%
February 1
February 8
August 1
August 8
June 1, 2019
1,000
4.200%
4.379%
May 15
June 1
November 15
December 1
October 1, 2020
1,000
3.000%
3.137%
March 15
April 1
September 15
October 1
February 8, 2021
500
4.000%
4.082%
February 1
February 8
August 1
August 8
June 1, 2039
750
5.200%
5.240%
May 15
June 1
November 15
December 1
October 1, 2040
1,000
4.500%
4.567%
March 15
April 1
September 15
October 1
February 8, 2041
1,000
5.300%
5.361%
February 1
February 8
August 1
August 8
Total
10,750
Convertible Debt
June 15, 2013
1,250
0.000%
1.849%
Total face value
$
12,000
As of June 30, 2012 and 2011, the aggregate unamortized discount for our long-term debt, including the current portion,
was $56 million and $79 million, respectively.
Notes
The Notes are senior unsecured obligations and rank equally with our other unsecured and unsubordinated debt
outstanding.