Long-Term Debt Maturities

Entity Registrant Name PFIZER INC
CIK 0000078003
Accession number 0000078003-14-000018
Link to XBRL instance http://www.sec.gov/Archives/edgar/data/78003/000007800314000018/pfe-20131231.xml
Fiscal year end --12-31
Fiscal year focus 2013
Fiscal period focus FY
Current balance sheet date 2013-12-31
Current year-to-date income statement start date 2013-01-01
Commentary Filer reported the Level 1 note using the concept: us-gaap:FinancialInstrumentsDisclosureTextBlock. The total concept use in the matirires disclosure is the concept for noncurrent debt: us-gaap:LongTermDebtCurrent. Perhaps the reasoning is that there is no current portion shown. The then, the filer does report a current portion on the balance sheet using the concept us-gaap:DebtCurrent. Then, they make a parenthetical disclsoure of the current portion of long term dept, us-gaap:LongTermDebtCurrent. But that current portion is not in the maturities schedule. This seems rather odd.
Level 1 (Note level) Text Block concept NOT FOUND
NOT FOUND
Level 4 (Note level) Text Block concept - Maturities of Long Term Debt us-gaap:ScheduleOfMaturitiesOfLongTermDebtTableTextBlock
The following table provides the maturity schedule of our Long-term debt outstanding as of December 31, 2013:
(MILLIONS OF DOLLARS)
 
2015

 
2016

 
2017

 
2018

 
After 2018

 
Total

Maturities
 
$
3,040

 
$
4,412

 
$
2,660

 
$
2,413

 
$
17,937

 
$
30,462
Level 4 (Note level) Text Block concept - Debt Instruments us-gaap:ScheduleOfDebtInstrumentsTextBlock
The following table provides the components of our senior unsecured long-term debt:
 
 
 
 
As of December 31,
(MILLIONS OF DOLLARS)
 
Maturity Date
 
2013

 
2012

6.20%(a)
 
March 2019
 
$
3,234

 
$
3,327

5.35%(a)
 
March 2015
 
3,037

 
3,065

4.75% euro(b)
 
June 2016
 
2,752

 
2,638

5.75% euro(b)
 
June 2021
 
2,748

 
2,634

7.20%(a)
 
March 2039
 
2,603

 
2,903

6.50% U.K. pound(b)
 
June 2038
 
2,459

 
2,407

5.95%
 
April 2037
 
2,085

 
2,086

4.55% euro
 
May 2017
 
1,390

 
1,384

5.50%
 
February 2016
 
1,033

 
1,048

5.50%(c)
 
February 2014
 
—

 
1,832

4.75% euro(d)
 
December 2014
 
—

 
1,284

Notes and other debt with a weighted-average interest rate of 5.47%(e)
 
2021–2043
 
4,810

 
3,403

Notes and other debt with a weighted-average interest rate of 4.70%(f)
 
2016–2018
 
3,683

 
2,254

Foreign currency notes and other foreign currency debt with a weighted-
average interest rate of 3.02%(g)
 
2015-2016
 
628

 
771

Long-term debt
 
 
 
$
30,462

 
$
31,036

Current portion of long-term debt (not included above)
 
 
 
$
2,060

 
$
2,449

(a) 
Instrument is callable by us at any time at the greater of 100% of the principal amount or the sum of the present values of the remaining scheduled payments of principal and interest discounted at the U.S. Treasury rate plus 0.50% plus, in each case, accrued and unpaid interest.
(b) 
Instrument is callable by us at any time at the greater of 100% of the principal amount or the sum of the present values of the remaining scheduled payments of principal and interest discounted at a comparable government bond rate plus 0.20% plus, in each case, accrued and unpaid interest.
(c) 
At December 31, 2013, the note was called.
(d) 
At December 31, 2013, the note has been reclassified to Current portion of long-term debt.
(e) 
Contains debt issuances with a weighted-average maturity of approximately 24 years.
(f) 
Contains debt issuances with a weighted-average maturity of approximately 4 years.
(g) 
Contains debt issuances with a weighted-average maturity of approximately 2 years.

Level 4 Details Key Concepts: Long-term Debt Maturities

Description Fact value US GAAP XBRL Concept
Year 1 (Current portion) 0
Year 2 3,040,000,000 us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
Year 3 4,412,000,000 us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
Year 4 2,660,000,000 us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
Year 5 2,413,000,000 us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
Thereafter 17,937,000,000 us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
Total Long-term Debt 30,462,000,000
CHECK 0

*

(Classified balance sheet) Deferred tax assets (liabilities), net components current/noncurrent asset/liability

Description Fact value US GAAP XBRL Concept
Current portion 2,060,000,000 us-gaap:LongTermDebtCurrent
Noncurrent portion 30,462,000,000 us-gaap:LongTermDebtNoncurrent
Total Long-Term Debt 30,462,000,000
CHECK -2,060,000,000

*

*

Creative Commons License
This work is licensed under a Creative Commons License.

Valid CSS!