Pfizer 2009 Annual Report Download - page 71

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Notes to Consolidated Financial Statements
Pfizer Inc. and Subsidiary Companies
B. Investments in Debt and Equity Securities
The contractual maturities of the available-for-sale and held-to-maturity debt securities as of December 31, 2009, follow:
YEARS
(MILLIONS OF DOLLARS) WITHIN 1
OVER 1
TO 5 TOTAL
Available-for-sale debt securities:
Western European and other government debt $16,612 $2,494 $19,106
Western European and other government agency debt 2,578 595 3,173
Federal Home Loan Mortgage Corporation and Federal National Mortgage Association 102 2,815 2,917
Corporate debt 1,001 1,877 2,878
U.S. government Federal Deposit Insurance Corporation guaranteed debt — 1,753 1,753
Supranational debt 968 335 1,303
Reverse repurchase agreements(a) 1,018 — 1,018
Other asset-backed securities 37 97 134
Certificates of deposit 56 — 56
Held-to-maturity debt securities:
Certificates of deposit and other 806 6 812
Total debt securities $23,178 $9,972 $33,150
Trading securities 184
Available-for-sale money market funds(b) 2,569
Available-for-sale equity securities, excluding money market funds 281
Total $36,184
(a) Involving U.S. government securities.
(b) Consisting of securities issued by the U.S. government and its agencies or instrumentalities and reverse repurchase agreements involving the same
investments held.
C. Short-Term Borrowings
Short-term borrowings include amounts for commercial paper of $3.9 billion as of December 31, 2009, and $7.8 billion as of
December 31, 2008. The weighted-average effective interest rate on short-term borrowings outstanding was 0.7% as of
December 31, 2009, and 1.9% as of December 31, 2008.
As of December 31, 2009, we had access to $8.6 billion of lines of credit, of which $6.4 billion expire within one year. Of these lines
of credit, $8.5 billion are unused, of which our lenders have committed to loan us $7.1 billion at our request. Also, $7.0 billion of our
unused lines of credit, of which $5.0 billion expire in late 2010 and $2.0 billion expire in 2013, may be used to support our
commercial paper borrowings.
2009 Financial Report 69