. under the terms of the cross currency swap arrangements , we paid approximately a13 million in interest and received approximately $ 16 million in interest on june 15 and december 15 of each year . the fair value of the net obligation under the cross currency swaps was included in current other liabilities in the consolidated balance sheets as of december 31 , 2007 . upon maturity of the cross currency swap arrangements in june 2008 , we owed a276 million ( $ 426 million ) and were owed $ 333 million