A summary of our long-term debt is as follows: Principal payments due on long-term debt in the next five years based on stated contractual maturities, our intent to redeem, or put rights of certain note holders are $107.3 million in fiscal 2011, $1,031.3 million in fiscal 2012, $633.6 million in fiscal 2013, $702.6 million in fiscal 2014, and $750.1 million in fiscal 2015. As discussed in Note 1, at the beginning of fiscal 2010, we adopted new accounting guidance on noncontrolling interests in financial statements. As a result of this adoption, noncontrolling interests, previously reported primarily as minority interests, were reclas- sified to a separate section in equity on the Consolidated Balance Sheets. Our principal noncontrolling interest relates to our subsidiary GMC. GMC issued a managing membership interest and limited preferred membership interests to certain of our wholly owned subsidiaries. We continue to hold the entire managing member- ship interest, and therefore direct the operations of GMC. We currently hold all interests in GMC other than Class A Limited Membership Interests (Class A Interests) which are held by an unrelated third-party investor. As of May 30, 2010, the carrying value of all outstanding Class A Interests was $242.3 million, classified as noncontrolling interests on our Consolidated Balance Sheets. The holder of the Class A Interests receives quarterly preferred distributions from available net income based on the application of a floating preferred return rate, currently equal to the sum of three-month LIBOR plus 65 basis points, to the holder’s capital account balance established in the most recent mark-to-market valuation (currently $248.1 million). For financial reporting purposes, the assets, liabilities, results of operations, and cash flows of GMC are included in our Consol- idated Financial Statements.The return to the third-party investor is reflected in net earnings attributable to noncontrolling interests in the Consolidated Statements of Earnings. In addition, we have 7 foreign subsidiaries that have minority interests totaling $2.8 million as of May 30, 2010. Our noncontrolling interests contain restrictive covenants. As of May 30, 2010, we were in compliance with all of these covenants. Cumulative preference stock of 5.0 million shares, without par value, is authorized but unissued. All common stock share and per share amounts have been adjusted for the two-for-one stock split on May 28, 2010. During fiscal 2010, we repurchased 21.3 million shares of com- mon stock for an aggregate purchase price of $691.8 million. During fiscal 2009, we repurchased 40.4 million shares of com- mon stock for an aggregate purchase price of $1,296.4 million. During fiscal 2008, we repurchased 47.8 million shares of com- mon stock for an aggregate purchase price of $1,384.6 million. On December 10, 2007, our board of directors approved the retirement of 250.0 million shares of common stock in treasury. This action reduced common stock by $25.0 million, reduced additional paid-in capital by $5,055.8 million, and reduced com- mon stock in treasury by $5,080.8 million on our Consolidated Balance Sheets. In fiscal 2007, our board of directors authorized the repurchase of up to 150 million shares of our common stock. On June 28, 2010, our Board of Directors authorized the repurchase of up to 100 million shares of our common stock. The fiscal 2011 autho- rization terminated and replaced the fiscal 2007 authorization. Purchases under the authorization can be made in the open market or in privately negotiated transactions, including the Annual Report 2010 65 NOTE 9. NONCONTROLLING INTERESTS NOTE 10. STOCKHOLDERS’ EQUITY In Millions May 30, 2010 May 31, 2009 ......................................................................................................................................................................................... 5.65% notes due February 15, 2019 $1,150.0 $1,150.0 6% notes due February 15, 2012 1,019.5 1,240.3 5.7% notes due February 15, 2017 1,000.0 1,000.0 5.2% notes due March 17, 2015 750.0 750.0 5.25% notes due August 15, 2013 700.0 700.0 5.65% notes due September 10, 2012 520.8 700.0 Medium-term notes, 4.8% to 9.1%, due fiscal 2011 or later 204.4 204.4 Debt of consolidated contract manufacturer 20.9 26.5 Floating-rate notes due January 22, 2010 — 500.0 Other, including capital leases 10.2 (7.9) ......................................................................................................................................................................................... 5,375.8 6,263.3 Less amount due within one year (107.3) (508.5) ......................................................................................................................................................................................... Total long-term debt $5,268.5 $5,754.8