Stock Analysis on Net

Amazon.com Inc. (NASDAQ:AMZN)

Analysis of Debt 

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Total Debt (Carrying Amount)

Amazon.com Inc., balance sheet: debt

US$ in millions

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Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
Current portion of lease liabilities, finance leases 8,083  10,374  9,884  7,720  5,839 
Current portion of long-term debt 1,491  1,155  1,305  1,371  100 
Long-term lease liabilities, finance leases, excluding current portion 15,670  18,060  17,095  9,650  8,438 
Long-term debt, excluding current portion 48,744  31,816  23,414  23,495  24,743 
Total debt (carrying amount) 73,988  61,405  51,698  42,236  39,120 

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31).

Debt item Description The company
Total debt (carrying amount) Sum of the carrying values as of the balance sheet date of all debt plus capital lease obligations. Amazon.com Inc. total debt increased from 2019 to 2020 and from 2020 to 2021.

Total Debt (Fair Value)

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Dec 31, 2021
Selected Financial Data (US$ in millions)
Notes 53,300 
Credit Facility 803 
Other long-term debt — 
Present value of lease liabilities, finance leases 23,753 
Total debt (fair value) 77,856 
Financial Ratio
Debt, fair value to carrying amount ratio 1.05

Based on: 10-K (reporting date: 2021-12-31).


Weighted-average Interest Rate on Debt

Weighted-average effective interest rate on debt and finance leases: 3.12%

Interest rate Debt amount1 Interest rate × Debt amount Weighted-average interest rate2
2.66% 1,250  33 
5.11% 4,000  204 
4.33% 16,000  693 
2.77% 10,000  277 
3.31% 18,500  612 
2.70% 803  22 
2.00% 23,753  475 
Total 74,306  2,317 
3.12%

Based on: 10-K (reporting date: 2021-12-31).

1 US$ in millions

2 Weighted-average interest rate = 100 × 2,317 ÷ 74,306 = 3.12%