Safeway 2000 Annual Report Download - page 19

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Safeway Inc. and Subsidiaries
17
The table below presents principal amounts and related weighted average rates by year of maturity for the Company’s debt
obligations at year-end 2000 and 1999 (dollars in millions):
December 30, 2000 2001 2002 2003 2004 2005 Thereafter Total
Commercial paper:
Principal –$2,328.1 ––––$ 2,328.1(2)
Weighted average interest rate –7.21% ––––7.21%
Bank borrowings:
Principal $ 75.0 $ 134.3 ––––$ 209.3(2)
Weighted average interest rate 7.18% 6.13% ––––6.51%
Long-term debt:(1)
Principal $ 551.8 $ 641.2 $ 378.6 $ 698.6 $ 6.5 $1,219.0 $ 3,495.7(2)
Weighted average interest rate 6.76% 7.03% 6.20% 7.42% 7.11% 7.25% 7.05%
January 1, 2000 2000 2001 2002 2003 2004 Thereafter Total
Commercial paper:
Principal ––$ 2,358.1 –––$ 2,358.1(2)
Weighted average interest rate ––6.81% –––6.81%
Bank borrowings:
Principal $ 129.7 –$ 75.7 –––$ 205.4(2)
Weighted average interest rate 6.27% –5.18% –––5.87%
Long-term debt:(1)
Principal $ 427.4 $ 548.6 $ 637.2 $ 377.2 $ 700.0 $1,225.2 $ 3,915.6(2)
Weighted average interest rate 5.89% 6.80% 7.03% 6.19% 7.43% 7.25% 6.93%
(1) Primarily fixed-rate debt
(2) Carrying value approximates fair value