Total Debt Disclosure
POSCO, Statement of Financial Position, Debt
USD $ in millions, translated from KRW ₩
| Dec 31, 2010 | Dec 31, 2009 | Dec 31, 2008 | Dec 31, 2007 | Dec 31, 2006 | ||
|---|---|---|---|---|---|---|
 |
Short-term borrowings | 5,164 | 2,772 | 2,579 | 1,680 | 1,332 |
|
Current portion of long-term debts, net of discount on debentures issued | 3,034 | 676 | 610 | 517 | 435 |
|
Long-term debt, net of current portion and discount on debentures issued | 9,383 | 7,072 | 5,464 | 3,533 | 2,931 |
|
Total debt | 17,581 | 10,521 | 8,653 | 5,730 | 4,697 |
| Item | Description | The company |
|---|---|---|
| Total debt | Sum of the carrying values as of the balance sheet date of all debt plus capital lease obligations. | POSCO's total debt increased from 2008 to 2009 and from 2009 to 2010. |