| SHORT-TERM AND LONG-TERM DEBT |
SHORT-TERM AND LONG-TERM DEBT | | | | | | | | | | | | | As of June 30 | 2025 | | 2024 | | DEBT DUE WITHIN ONE YEAR | | Current portion of long-term debt | $ | 5,377 | | $ | 3,838 | | Commercial paper | 4,108 | | 3,327 | | Other | 27 | | 26 | | TOTAL | $ | 9,513 | | $ | 7,191 | Weighted average interest rate of debt due within one year (1) | 3.0 | % | | 3.7 | % |
(1)Weighted average interest rate of debt due within one year includes the effects of interest rate swaps discussed in Note 9. | | | | | | | | | | | | | As of June 30 | 2025 | | 2024 | | LONG-TERM DEBT | | | | 0.50% EUR note due October 2024 | $ | — | | $ | 534 | 0.63% EUR note due October 2024 | — | | 855 | 0.55% USD note due October 2025 | 1,000 | | 1,000 | 4.10% USD note due January 2026 | 650 | | 650 | 2.70% USD note due February 2026 | 600 | | 600 | 1.00% USD note due April 2026 | 1,000 | | 1,000 | 3.25% EUR note due August 2026 | 762 | | 695 | 2.45% USD note due November 2026 | 875 | | 875 | 1.90% USD note due February 2027 | 1,000 | | 1,000 | 2.80% USD note due March 2027 | 500 | | 500 | 4.88% EUR note due May 2027 | 1,172 | | 1,069 | 2.85% USD note due August 2027 | 750 | | 750 | 3.95% USD note due January 2028 | 600 | | 600 | 3.15% EUR note due April 2028 | 762 | | 695 | 1.20% EUR note due October 2028 | 937 | | 855 | 4.35% USD note due January 2029 | 600 | | 600 | 1.80% GBP note due May 2029 | 514 | | 474 | 4.15% USD note due October 2029 | 500 | | — | 1.25% EUR note due October 2029 | 586 | | 534 | 3.00% USD note due March 2030 | 1,500 | | 1,500 | 4.05% USD note due May 2030 | 700 | | — | 0.35% EUR note due May 2030 | 586 | | 534 | 1.20% USD note due October 2030 | 1,250 | | 1,250 | 1.95% USD note due April 2031 | 1,000 | | 1,000 | 3.25% EUR note due August 2031 | 762 | | 695 | 2.30% USD note due February 2032 | 850 | | 850 | 4.05% USD note due January 2033 | 850 | | 850 | 4.55% USD note due January 2034 | 750 | | 750 | 3.20% EUR note due April 2034 | 996 | | 909 | 4.55% USD note due October 2034 | 500 | | — | 4.60% USD note due May 2035 | 550 | | — | 5.55% USD note due March 2037 | 716 | | 716 | 1.88% EUR note due October 2038 | 586 | | 534 | 3.55% USD note due March 2040 | 516 | | 516 | 0.90% EUR note due November 2041 | 703 | | 641 | | All other long-term debt | 4,749 | | 5,076 | | Current portion of long-term debt | (5,377) | | (3,838) | | TOTAL | $ | 24,995 | | $ | 25,269 | Weighted average interest rate of long-term debt (1) | 3.3% | | 3.2% |
(1)Weighted average interest rate of long-term debt includes the effects of interest rate swaps discussed in Note 9. Long-term debt maturities during the next five fiscal years are as follows: | | | | | | | | | | | | | | | | | | | Fiscal years ending June 30 | 2026 | 2027 | 2028 | 2029 | 2030 | | Debt maturities | $5,377 | $4,606 | $2,142 | $2,027 | $3,996 |
Credit Facilities We maintain bank credit facilities to support our ongoing commercial paper program. The current facility is an $8.0 billion facility split between a $3.2 billion five-year facility and a $4.8 billion 364-day facility, which expire in October 2029 and October 2025, respectively. Both facilities can be extended for certain periods of time as specified in the terms of the credit agreement. These facilities are currently undrawn and we anticipate that they will remain undrawn. These credit facilities do not have cross-default or ratings triggers, nor do they have material adverse event clauses, except at the time of signing.
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