May 18, 2012we acquired all of the outstanding equity interests of Demandforce, Inc.for total cash and other consideration of approximately $449 million. The $449 millionincluded approximately $44 millionfor the fair value of assumed equity awards that is being charged to expense over service periods of up to four years. Demandforce is a provider of online marketing and customer communication solutions for small businesses and became part of our Financial Management Solutions segment. We have included the results of operations for Demandforce in our consolidated results of operations from the date of acquisition. Their results of operations for periods prior to the date of acquisition were not material when compared with our consolidated results of operations. See Note 7 to the financial statements in Item 8 of this Report for more information.
Commitments for Senior Unsecured Notes
March 12, 2007we issued $500 millionof 5.40% senior unsecured notes due on March 15, 2012(the 2012 Notes) and $500 millionof 5.75% senior unsecured notes due on March 15, 2017(the 2017 Notes). We repaid the 2012 Notes when they became due using cash from operations. The 2017 Notes are redeemable by Intuit at any time, subject to a make-whole premium. Interest is payable semiannually on March 15and September 15. At July 31, 2013, our maximum commitment for interest payments under the 2017 Notes was $115 million. See Note 10 to the financial statements in Item 8 of this Report for more information.
Unsecured Revolving Credit Facility
February 17, 2012we entered into an agreement with certain institutional lenders for a $500 millionunsecured revolving credit facility that will expire on February 17, 2017. See Note 9 to the financial statements in Item 8 of this Report for a description of the key terms of this agreement, including the covenants. We remained in compliance with these covenants at all times during the quarter ended July 31, 2013. We may use amounts borrowed under this credit facility for general corporate purposes, including future acquisitions. To date we have not borrowed under the credit facility. We monitor counterparty risk associated with the institutional lenders that are providing the credit facility. We currently believe that the credit facility will be available to us should we choose to borrow under it.
Our cash, cash equivalents and investments totaled
$1.7 billionat July 31, 2013. Of this amount, approximately 10% was held by our foreign subsidiaries and subject to repatriation tax considerations. These foreign funds were located primarily in Canada, and to a lesser extent in India, Singapore, and the UK. We intend to permanently reinvest a significant portion of our earnings from foreign operations, and we currently do not anticipate that we will need funds generated from foreign operations to fund our domestic operations. In the event that funds from foreign operations are needed to fund operations in the United States, if U.S. taxes have not been previously provided on the related earnings we would provide for and pay additional U.S. taxes at the time we change our intention with regard to the reinvestment of those earnings.