
	April 27		October 27		April 28
	2025		2024		2024
Underwritten term debt
U.S. dollar notes and debentures:
6.55% debentures due 2028	$	200	$	200	$	200
5.375% notes due 2029		500		500		500
3.10% notes due 2030		700		700		700
8.10% debentures due 2030		250		250		250
7.125% notes due 2031		300		300		300
5.45% notes due 2035		1,250
3.90% notes due 2042		1,250		1,250		1,250
2.875% notes due 2049		500		500		500
3.75% notes due 2050		850		850		850
5.70% notes due 2055		750
Euro notes:
1.85% notes due 2028 (€600 principal)		683		650		644
2.20% notes due 2032 (€600 principal)		683		650		644
1.65% notes due 2039 (€650 principal)		740		704		697
Serial issuances
Medium-term notes		33,942		36,566		32,859
Other notes and finance lease obligations		372		265		1,708
Less debt issuance costs and debt discounts		(159)		(156)		(140)
Long-term borrowings	$	42,811	$	43,229	$	40,962

Medium-term notes due through 2034 are primarily offered by prospectus and issued at fixed and variable rates. The principal balances of the medium-term notes were $34,241, $37,141, and $34,002, at April 27, 2025, October 27, 2024, and April 28, 2024, respectively. All outstanding notes and debentures are senior unsecured borrowings and rank equally with each other.