9.        Long-Term Borrowings and Other Secured Financings.

The Company's long-term borrowings included the following components:

During the six months ended June 30, 2012, the Company issued and reissued notes with a principal amount of approximately $9 billion. During the six months ended June 30, 2012, approximately $26 billion of notes matured or were retired.

The weighted average maturity of the Company's long-term borrowings, based upon stated maturity dates, was approximately 5.3 years and 5.0 years at June 30, 2012 and December 31, 2011, respectively.

FDIC's Temporary Liquidity Guarantee Program.

At December 31, 2011, the Company had long-term debt outstanding of $12.1 billion, under the Temporary Liquidity Guarantee Program (“TLGP”). There was no TLGP debt outstanding at June 30, 2012. The issuance of debt under the TLPG expired on December 31, 2010, but the existing long-term debt outstanding was guaranteed until June 30, 2012. These borrowings were senior unsecured debt obligations of the Company and guaranteed by the FDIC under the TLGP. The FDIC has concluded that the guarantee is backed by the full faith and credit of the U.S. government.

Other Secured Financings.

Other secured financings include the liabilities related to transfers of financial assets that are accounted for as financings rather than sales, consolidated VIEs where the Company is deemed to be the primary beneficiary, pledged commodities, certain equity-linked notes and other secured borrowings. See Note 6 for further information on other secured financings related to variable interest entities and securitization activities.

The Company's other secured financings consisted of the following:

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• For more information on failed sales, see Note 6.
• Amounts include $9,236 million and $14,594 million at fair value at June 30, 2012 and December 31, 2011, respectively.