Document DvqgRK4mjDnr3r7ZkYo3NEz1d

COOPER INDUSTRIES, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (continued) amount is related to the Eagle Electric acquisition and mcludes approximately $24 2 million for severance and related costs to terminate personnel and $4 4 million of one-time additional costs associated with shutting down manufacturing operations and vacatmg existing facilities Acquisitions-final allocation adjustment represents adjustments to goodwill for finalization of the purchase pnce allocations recorded in the previous year The 2001 acquisitions - final allocation adjustment amount includes additional severance and related costs to terminate personnel and facility shut-down costs in connection with the Eagle Electric and B-Lme Systems acquisitions NOTE 8: LONG-TERM DEBT AND LEASE COMMITMENTS 2 54%* commercial paper maturing at various dates through February 2002 6 41% - 6 97% second series medium-term notes, due through 2010 5 89% - 6 45% third senes medium-term notes, due through 2008 6 25% Euro bonds maturing in October 2005 3 76%* Pound Sterling notes payable maturing at vanous dates through 2005 . Other Current matunties Long-term portion ... . .. .. December 31, 2001 2000 (m millions) $ 280 0 $ 400 0 302 1 302 1 250 0 300 0 270 2 279 4 26 3 27 4 39 3 43 0 1,167 9 1,351 9 (60 9) (51 1) $ 1,107 0 $ 1,300 8 * Weighted average interest rates at December 31,2001 The weighted average interest rates on commercial paper and Pound Sterling bank loans and notes were, 6 89% and 5 67%, respectively at December 31, 2000 Cooper has U S committed credit facilities of $990 million, $440 million of which mature m 2002 and $550 million of which mature m 2004 At December 31, 2001, Cooper had $648 million of its $990 million U S committed credit facilities available, after considering commercial paper backup At December 31, 2000, $547 9 million of its total $1,040 million U S committed credit facilities was available after considering commercial paper backup The agreements for the credit facilities require that Cooper maintain certain financial ratios, including a prescribed limit on debt as a percentage of total capitalization Retamed earnings are unrestricted as to the payment of dividends, except to the extent that payment would cause a violation of the prescribed limit on the debt-to-total capitalization ratio During 1999, Cooper completed a shelf registration statement to issue up to $500 million of debt securities At December 31, 2001, all $500 million of the shelf registration was available to be issued Interest rates on Cooper's commercial paper were generally 2 6% and 2 8% below the U S prime rate during 2001 and 2000, respectively Total mterest paid during 2001, 2000 and 1999 was $85 million, $96 million and $63 million, respectively Commercial paper of $280 million and $400 million at December 31, 2001 and 2000, respectively, was classified as long-term debt reflecting Cooper's intention to refinance these amounts during the twelve-month period following the balance sheet date through either contmued short-term borrowing or utilization of available credit facilities Maturities of long-term debt for the five years subsequent to December 31, 2001 are $60 9 million, $153 6 million, $280 4 million, $525 9 million and $17 9 million, respectively The future net minimum lease F-13