In addition to the selling of AT&T shares to DoCoMo, they established a line of credit on Dec. 31, 2002, in the sum of $20,508,000,000 (including unamortized discount of $115,000,000 and current portion of $3,762,000,000) comprised of:
" -01 -$1,455,000,000 debentures and notes, interest rate of 4.59% - 6.00%, due 2004 - 2009.
" -02 -$6,678,000,000 debentures and notes, interest rate of 6.06% - 6.50%, due 2004 - 2029.
" -03 -$2,449,000,000 debentures and notes, interest rate of 6.75% - 7.50%, due 2004 - 2006.
" -04 -$6,796,000,000 debentures and notes, interest rate of 7.75% - 8.85%, due 2004 - 2031.
" -05 -$13,000,000 debentures and notes, interest rate of 9.90% - 19.95%, due 2004 - 2004.
" -06 -$3,012,000,000 debentures and notes, variable rate, due 2003 - 2054.
" -07 -$105,000,000 other long-term debt.
Since the financial dealings with NTT DoCoMo and establishing a line of credit, AT&T financial overview has been significantly impacted. Stepping back and looking at AT&T's bigger financial picture to determine the economic and business impact in which the financing occurred can be done by analyzing their balance sheet and cash flow statement in the past three years before and after the financial decision. According to this chart, their long-term debt decreased significantly from almost $38 billion to $19 billion from 2000 to 2002. In even more positive light, AT&T's net tangible increased from a deficit of about $16 billion in 2001 to a positive balance of almost $10 billion. This is a significant change within a year.