Notes to Consolidated Financial Statements 10

Note 10 — Debt and Lines of Credit

(dollars in thousands)

The following is a summary of long-term debt at December 31:

		2006			2005			2004
5.625% debentures, due 2006	$	—		$	—		$	1,600,000
6.4% debentures, due 2006		—			—			250,000
0.77% Yen notes, due 2007		—			83,654			97,343
Notes, variable interest above LIBOR		—			770,000			—
Euro notes, variable interest above LIBOR, due 2008		264,180			638,766			—
British Pound notes, variable interest above LIBOR		—			344,000			—
6.0% debentures, due 2008		200,000			200,000			200,000
5.4% debentures, due 2008		200,000			200,000			200,000
1.05% Yen notes, due 2008		430,775			418,270			486,713
3.5% debentures, due 2009		500,000			500,000			500,000
5.375% debentures, due 2009		500,000			—			—
1.51% Yen notes, due 2010		129,232			125,481			146,014
3.75% debentures, due 2011		500,000			500,000			500,000
5.6% debentures, due 2011		1,500,000			—			—
1.95% Yen notes, due 2013		215,387			209,135			243,356
4.35% debentures, due 2014		500,000			500,000			500,000
5.875% debentures, due 2016		2,000,000			—			—
Other, including fair market value adjustments relating to interest rate hedge contracts designated as fair value hedges		70,090			82,198			64,508
Total, net of current maturities		7,009,664			4,571,504			4,787,934
Current maturities of long-term debt		95,276			1,849,563			156,034
Total carrying amount	$	7,104,940		$	6,421,067		$	4,943,968

Principal payments required on long-term debt outstanding at December 31, 2006, are $95,276 in 2007, $1,098,353 in 2008, $1,093,792 in 2009, $130,342 in 2010, $2,000,355 in 2011 and $2,771,336 thereafter.

At December 31, 2006, Abbott had $7,000,000 of unused lines of credit, including a $4,000,000 short-term facility, which supports commercial paper borrowing arrangements. The lines of credit, other than the short-term facility, expire in 2010. Related compensating balances, which are subject to withdrawal by Abbott at its option, and commitment fees are not material. Abbott’s weighted average interest rate on short-term borrowings was 5.0% at December 31, 2006, 1.3% at December 31, 2005 and 2.2% at December 31, 2004.

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