
(Dollars in Millions)	2020			Effective Rate %	2019		Effective Rate %
3% Zero Coupon Convertible Subordinated Debentures due 2020	$	—		—	51		3.00
2.95% Debentures due 2020	—			—	549		3.15
1.950% Notes due 2020	—			—	500		1.99
3.55% Notes due 2021	450			3.67	449		3.67
2.45% Notes due 2021	350			2.48	349		2.48
1.65% Notes due 2021	999			1.65	999		1.65
0.250% Notes due 2022 (1B Euro 1.2281)(2)/(1B Euro 1.1096)(3)	1,227		(2)	0.26	1,108	(3)	0.26
2.25% Notes due 2022	999			2.31	998		2.31
6.73% Debentures due 2023	250			6.73	250		6.73
3.375% Notes due 2023	803			3.17	804		3.17
2.05% Notes due 2023	499			2.09	498		2.09
0.650% Notes due 2024 (750MM Euro 1.2281)(2)/(750MM Euro 1.1096)(3)	919		(2)	0.68	829	(3)	0.68
5.50% Notes due 2024 (500MM 1.3654 GBP )(2)/(500MM GBP 1.2987)(3)	679		(2)	6.75	645	(3)	6.75
2.625% Notes due 2025	748			2.63	748		2.63
0.55% Notes due 2025(5)	996			0.57	—		—
2.45% Notes due 2026	1,994			2.47	1,993		2.47
2.95% Notes due 2027	997			2.96	996		2.96
0.95% Notes due 2027(5)	1,494			0.96	—		—
1.150% Notes due 2028 (750MM Euro 1.2281)(2)/(750MM Euro 1.1096)(3)	915		(2)	1.21	825	(3)	1.21
2.90% Notes due 2028	1,495			2.91	1,494		2.91
6.95% Notes due 2029	297			7.14	297		7.14
1.30% Notes due 2030(5)	1,743			1.30	—		—
4.95% Debentures due 2033	498			4.95	498		4.95
4.375% Notes due 2033	855			4.24	855		4.24
1.650% Notes due 2035 (1.5B Euro 1.2281)(2)/(1.5B Euro 1.1096)(3)	1,827		(2)	1.68	1,649	(3)	1.68
3.55% Notes due 2036	989			3.59	989		3.59
5.95% Notes due 2037	992			5.99	992		5.99
3.625% Notes due 2037	1,488			3.64	1,487		3.64
5.85% Debentures due 2038	696			5.85	696		5.85
3.400% Notes due 2038	991			3.42	991		3.42
4.50% Debentures due 2040	539			4.63	539		4.63
2.10% Notes due 2040(5)	986			2.14	—		—
4.85% Notes due 2041	297			4.89	297		4.89
4.50% Notes due 2043	496			4.52	495		4.52
3.70% Notes due 2046	1,974			3.74	1,973		3.74
3.75% Notes due 2047	991			3.76	991		3.76
3.500% Notes due 2048	742			3.52	742		3.52
2.250% Notes due 2050(5)	984			2.29	—		—

The Company has access to substantial sources of funds at numerous banks worldwide. In September 2020, the Company secured a new 364-day Credit Facility. Total credit available to the Company approximates $10 billion, which expires on September 9, 2021. Interest charged on borrowings under the credit line agreement is based on either bids provided by banks, London Interbank Offered Rates (LIBOR), Secured Overnight Financing Rate (SOFR) Swap Curve or other applicable market rate as allowed plus applicable margins. Commitment fees under the agreements are not material.

Throughout fiscal year 2020, the Company continued to have access to liquidity through the commercial paper market. Short-term borrowings and the current portion of long-term debt amounted to approximately $2.6 billion at the end of fiscal year 2020, of which $1.8 billion is the current portion of the long-term debt, and the remainder is commercial paper and local borrowings by international subsidiaries.

Throughout fiscal year 2019, the Company continued to have access to liquidity through the commercial paper market. Short-term borrowings and the current portion of long-term debt amounted to approximately $1.2 billion at the end of fiscal year 2019, of which $1.1 billion is the current portion of the long term debt, and the remainder principally represents local borrowing by international subsidiaries.