Entergy Corporation and Subsidiaries Notes to Financial Statements (a) Consists of pollution control revenue bonds and environmental revenue bonds, some of which are secured by collateral first mortgage bonds.
(b) These notes do not have a stated interest rate, but have an implicit interest rate of 4.8%.
(c) Pursuant to the Nuclear Waste Policy Act of 1982, Entergy’s nuclear owner/licensee subsidiaries have contracts with the DOE for spent nuclear fuel disposal service.
The contracts include a one-time fee for generation prior to April 7, 1983.
Entergy Arkansas is the only Entergy company that generated electric power with nuclear fuel prior to that date and includes the one-time fee, plus accrued interest, in long-term debt.
(d) See Note 10 to the financial statements for further discussion of the Waterford 3 and Grand Gulf lease obligations.
(e) The fair value excludes lease obligations of $149 million at Entergy Louisiana and $97 million at System Energy, long-term DOE obligations of $181 million at Entergy Arkansas, and the note payable to NYPA of $95 million at Entergy, and includes debt due within one year.
Fair values are classified as Level 2 in the fair value hierarchy discussed in Note 16 to the financial statements and are based on prices derived from inputs such as benchmark yields and reported trades.
The annual long-term debt maturities (excluding lease obligations and long-term DOE obligations) for debt outstanding as of December 31, 2013, for the next five years are as follows:
## Table 0 ##
In November 2000, Entergy’s non-utility nuclear business purchased the FitzPatrick and Indian Point 3 power plants in a seller-financed transaction.
Entergy issued notes to NYPA with seven annual installments of approximately $108 million commencing one year from the date of the closing, and eight annual installments of $20 million commencing eight years from the date of the closing.
These notes do not have a stated interest rate, but have an implicit interest rate of 4.8%.
In accordance with the purchase agreement with NYPA, the purchase of Indian Point 2 in 2001 resulted in Entergy becoming liable to NYPA for an additional $10 million per year for 10 years, beginning in September 2003.
This liability was recorded upon the purchase of Indian Point 2 in September 2001.
In July 2003 a payment of $102 million was made prior to maturity on the note payable to NYPA.
Under a provision in a letter of credit supporting these notes, if certain of the Utility operating companies or System Energy were to default on other indebtedness, Entergy could be required to post collateral to support the letter of credit.
Entergy Gulf States Louisiana, Entergy Louisiana, Entergy Mississippi, Entergy Texas, and System Energy have obtained long-term financing authorizations from the FERC that extend through October 2015.
Entergy Arkansas has obtained long-term financing authorization from the APSC that extends through December 2015.
Entergy New Orleans has obtained long-term financing authorization from the City Council that extends through July 2014.
Capital Funds Agreement Pursuant to an agreement with certain creditors, Entergy Corporation has agreed to supply System Energy with sufficient capital to: ?
maintain System Energy’s equity capital at a minimum of 35% of its total capitalization (excluding shortterm debt)
KIMCO REALTY CORPORATION AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS, CONTINUED 15.
FAIR VALUE DISCLOSURE OF FINANCIAL INSTRUMENTS: All financial instruments of the Company are reflected in the accompanying Consolidated Balance Sheets at amounts which, in management’s estimation based upon an interpretation of available market information and valuation methodologies, reasonably approximate their fair values except those listed below, for which fair values are reflected.
The valuation method used to estimate fair value for fixed-rate and variable-rate debt and minority interests relating to mandatorily redeemable non-controlling interests associated with finite-lived subsidiaries of the Company is based on discounted cash flow analyses, with assumptions that include credit spreads, loan amounts and debt maturities.
The fair values for marketable securities are based on published or securities dealers’ estimated market values.
Such fair value estimates are not necessarily indicative of the amounts that would be realized upon disposition.
The following are financial instruments for which the Company’s estimate of fair value differs from the carrying amounts (in thousands):
## Table 1 ##
On January 1, 2008, the Company adopted the provisions required by SFAS No.157 relating to financial assets and liabilities.
SFAS No.157 defines fair value, establishes a framework for measuring fair value, and expands disclosures about fair value measurements.
SFAS No.157 applies to reported balances that are required or permitted to be measured at fair value under existing accounting pronouncements; accordingly, the standard does not require any new fair value measurements of reported balances.
SFAS No.157 emphasizes that fair value is a market-based measurement, not an entity-specific measurement.
Therefore, a fair value measurement should be determined based on the assumptions that market participants would use in pricing the asset or liability.
As a basis for considering market participant assumptions in fair value measurements, SFAS No.157 establishes a fair value hierarchy that distinguishes between market participant assumptions based on market data obtained from sources independent of the reporting entity (observable inputs that are classified within Levels 1 and 2 of the hierarchy) and the reporting entity’s own assumptions about market participant assumptions (unobservable inputs classified within Level 3 of the hierarchy).
Level 1 inputs utilize quoted prices (unadjusted) in active markets for identical assets or liabilities that the Company has the ability to access.
Level 2 inputs are inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly, such as interest rates, foreign exchange rates and yield curves that are observable at commonly quoted intervals.
Level 3 inputs are unobservable inputs for the asset or liability, which are typically based on an entity’s own assumptions, as there is minimal, if any, related market activity.
In instances where the determination of the fair value measurement is based on inputs from different levels of the fair value hierarchy, the level in the fair value hierarchy within which the entire fair value measurement falls is based on the lowest level input that is significant to the fair value measurement in its entirety.
The Company’s assessment of the significance of a particular input to the fair value measurement in its entirety requires judgment, and considers factors specific to the asset or liability.
The Company has certain financial instruments that must be measured under the new fair value standard including: available for sale securities, convertible notes and derivatives.
The Company currently does not have non-financial assets and non-financial liabilities that are required to be measured at fair value on a recurring basis.
MetLife, Inc.  Notes to Consolidated Financial Statements — (Continued) in the preceding table.
At December 31, 2007 and 2006, the Company owned 695,485 and 225,000 equity variance swaps, respectively.
Fair values of equity variance swaps are included in financial forwards in the preceding table.
At December 31, 2007 and 2006, the Company owned 77,374,937 and 74,864,483 equity options, respectively.
Fair values of equity options are included in options in the preceding table.
The following table presents the notional amount of derivative financial instruments by maturity at December 31, 2007:
## Table 2 ##
Interest rate swaps are used by the Company primarily to reduce market risks from changes in interest rates and to alter interest rate exposure arising from mismatches between assets and liabilities (duration mismatches).
In an interest rate swap, the Company agrees with another party to exchange, at specified intervals, the difference between fixed rate and floating rate interest amounts as calculated by reference to an agreed notional principal amount.
These transactions are entered into pursuant to master agreements that provide for a single net payment to be made by the counterparty at each due date.
The Company also enters into basis swaps to better match the cash flows from assets and related liabilities.
In a basis swap, both legs of the swap are floating with each based on a different index.
Generally, no cash is exchanged at the outset of the contract and no principal payments are made by either party.
A single net payment is usually made by one counterparty at each due date.
Basis swaps are included in interest rate swaps in the preceding table.
Interest rate caps and floors are used by the Company primarily to protect its floating rate liabilities against rises in interest rates above a specified level, and against interest rate exposure arising from mismatches between assets and liabilities (duration mismatches), as well as to protect its minimum rate guarantee liabilities against declines in interest rates below a specified level, respectively.
In exchange-traded interest rate (Treasury and swap) and equity futures transactions, the Company agrees to purchase or sell a specified number of contracts, the value of which is determined by the different classes of interest rate and equity securities, and to post variation margin on a daily basis in an amount equal to the difference in the daily market values of those contracts.
The Company enters into exchange-traded futures with regulated futures commission merchants that are members of the exchange.
Exchange-traded interest rate (Treasury and swap) futures are used primarily to hedge mismatches between the duration of assets in a portfolio and the duration of liabilities supported by those assets, to hedge against changes in value of securities the Company owns or anticipates acquiring, and to hedge against changes in interest rates on anticipated liability issuances by replicating Treasury or swap curve performance.
The value of interest rate futures is substantially impacted by changes in interest rates and they can be used to modify or hedge existing interest rate risk.
Exchange-traded equity futures are used primarily to hedge liabilities embedded in certain variable annuity products offered by the Company.
Foreign currency derivatives, including foreign currency swaps, foreign currency forwards and currency option contracts, are used by the Company to reduce the risk from fluctuations in foreign currency exchange rates associated with its assets and liabilities denominated in foreign currencies.
The Company also uses foreign currency forwards and swaps to hedge the foreign currency risk associated with certain of its net investments in foreign operations.
In a foreign currency swap transaction, the Company agrees with another party to exchange, at specified intervals, the difference between one currency and another at a forward exchange rate calculated by reference to an agreed upon principal amount.
The principal amount of each currency is exchanged at the inception and termination of the currency swap by each party.
In a foreign currency forward transaction, the Company agrees with another party to deliver a specified amount of an identified currency at a specified future date.
The price is agreed upon at the time of the contract and payment for such a contract is made in a different currency at the specified future date.
The Company enters into currency option contracts that give it the right, but not the obligation, to sell the foreign currency amount in exchange for a functional currency amount within a limited time at a contracted price.
The contracts may also be net settled in cash, based on differentials in the foreign exchange rate and the strike price.
Currency option contracts are included in options in the preceding table.
Swaptions are used by the Company to hedge interest rate risk associated with the Company’s long-term liabilities, as well as to sell, or monetize, embedded call options in its fixed rate liabilities.
A swaption is an option to enter into a swap with an effective date equal to the exercise date of the embedded call and a maturity date equal to the maturity date of the underlying liability.
The Company receives a premium for entering into the swaption.
Swaptions are included in options in the preceding table.

Tables referenced above, in order (Table 0 first):
<table><tr><td></td><td>Amount (In Thousands)</td></tr><tr><td>2014</td><td>$385,373</td></tr><tr><td>2015</td><td>$1,110,566</td></tr><tr><td>2016</td><td>$270,852</td></tr><tr><td>2017</td><td>$766,801</td></tr><tr><td>2018</td><td>$1,324,616</td></tr></table>
<table><tr><td></td><td>December 31, 2008 Carrying Amounts</td><td>Estimated Fair Value</td><td>2007 Carrying Amounts</td><td>Estimated Fair Value</td></tr><tr><td>Marketable Securities</td><td>$318,570</td><td>$218,786</td><td>$201,848</td><td>$212,451</td></tr><tr><td>Notes Payable</td><td>$3,440,819</td><td>$2,766,187</td><td>$3,131,765</td><td>$3,095,004</td></tr><tr><td>Mortgages Payable</td><td>$847,491</td><td>$838,503</td><td>$838,738</td><td>$824,609</td></tr><tr><td>Construction Payable</td><td>$268,337</td><td>$262,485</td><td>$245,914</td><td>$245,914</td></tr><tr><td>Mandatorily Redeemable Minority Interests (termination dates ranging from 2019 – 2027)</td><td>$2,895</td><td>$5,444</td><td>$3,070</td><td>$6,521</td></tr></table>
<table><tr><td></td><td colspan="5"> Remaining Life</td></tr><tr><td></td><td> One Year or   Less</td><td> After One Year   Through Five   Years</td><td> After Five Years   Through Ten   Years</td><td> After Ten   Years</td><td> Total</td></tr><tr><td></td><td colspan="5"> (In millions)</td></tr><tr><td>Interest rate swaps</td><td>$14,844</td><td>$30,113</td><td>$9,918</td><td>$7,644</td><td>$62,519</td></tr><tr><td>Interest rate floors</td><td>—</td><td>15,619</td><td>33,318</td><td>—</td><td>48,937</td></tr><tr><td>Interest rate caps</td><td>29,905</td><td>15,593</td><td>—</td><td>—</td><td>45,498</td></tr><tr><td>Financial futures</td><td>10,730</td><td>—</td><td>—</td><td>87</td><td>10,817</td></tr><tr><td>Foreign currency swaps</td><td>1,632</td><td>9,068</td><td>7,434</td><td>3,265</td><td>21,399</td></tr><tr><td>Foreign currency forwards</td><td>4,175</td><td>—</td><td>—</td><td>10</td><td>4,185</td></tr><tr><td>Options</td><td>—</td><td>620</td><td>1,250</td><td>173</td><td>2,043</td></tr><tr><td>Financial forwards</td><td>—</td><td>—</td><td>—</td><td>4,600</td><td>4,600</td></tr><tr><td>Credit default swaps</td><td>509</td><td>4,582</td><td>1,510</td><td>249</td><td>6,850</td></tr><tr><td>Synthetic GICs</td><td>3,670</td><td>—</td><td>—</td><td>—</td><td>3,670</td></tr><tr><td>Other</td><td>—</td><td>—</td><td>—</td><td>250</td><td>250</td></tr><tr><td>Total</td><td>$65,465</td><td>$75,595</td><td>$53,430</td><td>$16,278</td><td>$210,768</td></tr></table>

Question: what is the highest total amount of Credit default swaps for Remaining Life? (in million)
Answer: 4582