Stock Analysis on Net

Procter & Gamble Co. (NYSE:PG)

Analysis of Debt

Microsoft Excel

Total Debt (Carrying Amount)

Procter & Gamble Co., balance sheet: debt

US$ in millions

Microsoft Excel
Jun 30, 2023 Jun 30, 2022 Jun 30, 2021 Jun 30, 2020 Jun 30, 2019 Jun 30, 2018
Debt due within one year 10,229 8,645 8,889 11,183 9,697 10,423
Long-term debt, excluding due within one year 24,378 22,848 23,099 23,537 20,395 20,863
Total short-term and long-term debt (carrying amount) 34,607 31,493 31,988 34,720 30,092 31,286

Based on: 10-K (reporting date: 2023-06-30), 10-K (reporting date: 2022-06-30), 10-K (reporting date: 2021-06-30), 10-K (reporting date: 2020-06-30), 10-K (reporting date: 2019-06-30), 10-K (reporting date: 2018-06-30).

Debt item Description The company
Total short-term and long-term debt (carrying amount) Sum of the carrying values as of the balance sheet date of all debt plus capital lease obligations. Procter & Gamble Co. total debt decreased from 2021 to 2022 but then increased from 2022 to 2023 exceeding 2021 level.

Total Debt (Fair Value)

Microsoft Excel
Jun 30, 2023
Selected Financial Data (US$ in millions)
Commercial paper 6,236
Other 42
Total short-term debt (fair value) 6,278
Long-term debt, including current portion 26,900
Total short-term and long-term debt (fair value) 33,178
Financial Ratio
Debt, fair value to carrying amount ratio 0.96

Based on: 10-K (reporting date: 2023-06-30).


Weighted-average Interest Rate on Debt

Weighted average interest rate on debt: 3.28%

Interest rate Debt amount1 Interest rate × Debt amount Weighted-average interest rate2
4.20% 10,229 430
2.90% 24,378 707
Total 34,607 1,137
3.28%

Based on: 10-K (reporting date: 2023-06-30).

1 US$ in millions

2 Weighted-average interest rate = 100 × 1,137 ÷ 34,607 = 3.28%