note 17 .
debt our debt as of december 2 , 2011 and december 3 , 2010 consisted of the following ( in thousands ) : capital lease obligations total debt and capital lease obligations less : current portion debt and capital lease obligations $ 1494627 19681 1514308 $ 1505096 $ 1493969 28492 1522461 $ 1513662 in february 2010 , we issued $ 600.0 million of 3.25% ( 3.25 % ) senior notes due february 1 , 2015 ( the 201c2015 notes 201d ) and $ 900.0 million of 4.75% ( 4.75 % ) senior notes due february 1 , 2020 ( the 201c2020 notes 201d and , together with the 2015 notes , the 201cnotes 201d ) .
our proceeds were approximately $ 1.5 billion and were net of an issuance discount of $ 6.6 million .
the notes rank equally with our other unsecured and unsubordinated indebtedness .
in addition , we incurred issuance costs of approximately $ 10.7 million .
both the discount and issuance costs are being amortized to interest expense over the respective terms of the notes using the effective interest method .
the effective interest rate including the discount and issuance costs is 3.45% ( 3.45 % ) for the 2015 notes and 4.92% ( 4.92 % ) for the 2020 notes .
interest is payable semi-annually , in arrears , on february 1 and august 1 , commencing on august 1 , 2010 .
during fiscal 2011 interest payments totaled $ 62.3 million .
the proceeds from the notes are available for general corporate purposes , including repayment of any balance outstanding on our credit facility .
based on quoted market prices , the fair value of the notes was approximately $ 1.6 billion as of december 2 , 2011 .
we may redeem the notes at any time , subject to a make whole premium .
in addition , upon the occurrence of certain change of control triggering events , we may be required to repurchase the notes , at a price equal to 101% ( 101 % ) of their principal amount , plus accrued and unpaid interest to the date of repurchase .
the notes also include covenants that limit our ability to grant liens on assets and to enter into sale and leaseback transactions , subject to significant allowances .
as of december 2 , 2011 , we were in compliance with all of the covenants .
credit agreement in august 2007 , we entered into an amendment to our credit agreement dated february 2007 ( the 201camendment 201d ) , which increased the total senior unsecured revolving facility from $ 500.0 million to $ 1.0 billion .
the amendment also permits us to request one-year extensions effective on each anniversary of the closing date of the original agreement , subject to the majority consent of the lenders .
we also retain an option to request an additional $ 500.0 million in commitments , for a maximum aggregate facility of $ 1.5 billion .
in february 2008 , we entered into a second amendment to the credit agreement dated february 26 , 2008 , which extended the maturity date of the facility by one year to february 16 , 2013 .
the facility would terminate at this date if no additional extensions have been requested and granted .
all other terms and conditions remain the same .
the facility contains a financial covenant requiring us not to exceed a certain maximum leverage ratio .
at our option , borrowings under the facility accrue interest based on either the london interbank offered rate ( 201clibor 201d ) for one , two , three or six months , or longer periods with bank consent , plus a margin according to a pricing grid tied to this financial covenant , or a base rate .
the margin is set at rates between 0.20% ( 0.20 % ) and 0.475% ( 0.475 % ) .
commitment fees are payable on the facility at rates between 0.05% ( 0.05 % ) and 0.15% ( 0.15 % ) per year based on the same pricing grid .
the facility is available to provide loans to us and certain of our subsidiaries for general corporate purposes .
on february 1 , 2010 , we paid the outstanding balance on our credit facility and the entire $ 1.0 billion credit line under this facility remains available for borrowing .
capital lease obligation in june 2010 , we entered into a sale-leaseback agreement to sell equipment totaling $ 32.2 million and leaseback the same equipment over a period of 43 months .
this transaction was classified as a capital lease obligation and recorded at fair value .
as of december 2 , 2011 , our capital lease obligations of $ 19.7 million includes $ 9.2 million of current debt .
table of contents adobe systems incorporated notes to consolidated financial statements ( continued ) .

2011
2010
Notes
$1,494,627
$1,493,969
Capital lease obligations
19,681
28,492
Total debt and capital lease obligations
1,514,308
1,522,461
Less: current portion
9,212
8,799
Debt and capital lease obligations
$1,505,096
$1,513,662

note 17 .
debt our debt as of december 2 , 2011 and december 3 , 2010 consisted of the following ( in thousands ) : capital lease obligations total debt and capital lease obligations less : current portion debt and capital lease obligations $ 1494627 19681 1514308 $ 1505096 $ 1493969 28492 1522461 $ 1513662 in february 2010 , we issued $ 600.0 million of 3.25% ( 3.25 % ) senior notes due february 1 , 2015 ( the 201c2015 notes 201d ) and $ 900.0 million of 4.75% ( 4.75 % ) senior notes due february 1 , 2020 ( the 201c2020 notes 201d and , together with the 2015 notes , the 201cnotes 201d ) .
our proceeds were approximately $ 1.5 billion and were net of an issuance discount of $ 6.6 million .
the notes rank equally with our other unsecured and unsubordinated indebtedness .
in addition , we incurred issuance costs of approximately $ 10.7 million .
both the discount and issuance costs are being amortized to interest expense over the respective terms of the notes using the effective interest method .
the effective interest rate including the discount and issuance costs is 3.45% ( 3.45 % ) for the 2015 notes and 4.92% ( 4.92 % ) for the 2020 notes .
interest is payable semi-annually , in arrears , on february 1 and august 1 , commencing on august 1 , 2010 .
during fiscal 2011 interest payments totaled $ 62.3 million .
the proceeds from the notes are available for general corporate purposes , including repayment of any balance outstanding on our credit facility .
based on quoted market prices , the fair value of the notes was approximately $ 1.6 billion as of december 2 , 2011 .
we may redeem the notes at any time , subject to a make whole premium .
in addition , upon the occurrence of certain change of control triggering events , we may be required to repurchase the notes , at a price equal to 101% ( 101 % ) of their principal amount , plus accrued and unpaid interest to the date of repurchase .
the notes also include covenants that limit our ability to grant liens on assets and to enter into sale and leaseback transactions , subject to significant allowances .
as of december 2 , 2011 , we were in compliance with all of the covenants .
credit agreement in august 2007 , we entered into an amendment to our credit agreement dated february 2007 ( the 201camendment 201d ) , which increased the total senior unsecured revolving facility from $ 500.0 million to $ 1.0 billion .
the amendment also permits us to request one-year extensions effective on each anniversary of the closing date of the original agreement , subject to the majority consent of the lenders .
we also retain an option to request an additional $ 500.0 million in commitments , for a maximum aggregate facility of $ 1.5 billion .
in february 2008 , we entered into a second amendment to the credit agreement dated february 26 , 2008 , which extended the maturity date of the facility by one year to february 16 , 2013 .
the facility would terminate at this date if no additional extensions have been requested and granted .
all other terms and conditions remain the same .
the facility contains a financial covenant requiring us not to exceed a certain maximum leverage ratio .
at our option , borrowings under the facility accrue interest based on either the london interbank offered rate ( 201clibor 201d ) for one , two , three or six months , or longer periods with bank consent , plus a margin according to a pricing grid tied to this financial covenant , or a base rate .
the margin is set at rates between 0.20% ( 0.20 % ) and 0.475% ( 0.475 % ) .
commitment fees are payable on the facility at rates between 0.05% ( 0.05 % ) and 0.15% ( 0.15 % ) per year based on the same pricing grid .
the facility is available to provide loans to us and certain of our subsidiaries for general corporate purposes .
on february 1 , 2010 , we paid the outstanding balance on our credit facility and the entire $ 1.0 billion credit line under this facility remains available for borrowing .
capital lease obligation in june 2010 , we entered into a sale-leaseback agreement to sell equipment totaling $ 32.2 million and leaseback the same equipment over a period of 43 months .
this transaction was classified as a capital lease obligation and recorded at fair value .
as of december 2 , 2011 , our capital lease obligations of $ 19.7 million includes $ 9.2 million of current debt .
table of contents adobe systems incorporated notes to consolidated financial statements ( continued ) .

Question: Analyse this data from a financial earnings document. what is the growth rate in the balance of total debt and capital lease obligations in 2011?
Choices:
-0.00538
-8153
3.44464
1
-0.00536
Correct choice index: 4