Debt levels
First half: $1.296 billion
- $175 million higher than debt at end of 1Q
- $251 million higher than debt at end of 2000
- Follows our normal seasonal pattern
- Acquisition costs in first half were a factor
Virtually all debt is in commercial paper
- Weighted average yield of 4.3% as of June
- There is $175 million of extendible commercial notes with 3.8% weighted average