Analysis of Debt
Total Debt (Carrying Amount)
Keurig Dr Pepper Inc., balance sheet: debt
US$ in millions
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).
| Debt item | Description | The company |
|---|---|---|
| Total short-term borrowings, long-term obligations (including current portion), and finance lease liability (carrying amount) | Sum of the carrying values as of the balance sheet date of all debt plus capital lease obligations. | Keurig Dr Pepper Inc. total debt decreased from 2019 to 2020 and from 2020 to 2021. |
Total Debt (Fair Value)
| Dec 31, 2021 | |
|---|---|
| Selected Financial Data (US$ in millions) | |
| Commercial paper notes | 149) |
| Senior unsecured notes | 13,078) |
| Term loans | —) |
| Finance lease liability | 700) |
| Total short-term borrowings, long-term obligations (including current portion), and finance lease liability (fair value) | 13,927) |
| Financial Ratio | |
| Debt, fair value to carrying amount ratio | 1.11 |
Based on: 10-K (reporting date: 2021-12-31).
Weighted-average Interest Rate on Debt
Weighted-average interest rate on debt: 3.67%
| Interest rate | Debt amount1 | Interest rate × Debt amount | Weighted-average interest rate2 |
|---|---|---|---|
| 0.25% | 149) | —) | |
| 4.08% | 1,000) | 41) | |
| 3.13% | 500) | 16) | |
| 0.75% | 1,150) | 9) | |
| 4.42% | 1,000) | 44) | |
| 3.40% | 500) | 17) | |
| 2.55% | 400) | 10) | |
| 3.43% | 500) | 17) | |
| 4.60% | 2,000) | 92) | |
| 3.20% | 750) | 24) | |
| 2.25% | 500) | 11) | |
| 7.45% | 125) | 9) | |
| 4.99% | 500) | 25) | |
| 4.50% | 550) | 25) | |
| 4.42% | 400) | 18) | |
| 5.09% | 750) | 38) | |
| 3.80% | 750) | 29) | |
| 3.35% | 500) | 17) | |
| 3.60% | 700) | 25) | |
| Total | 12,724) | 466) | |
| 3.67% | |||
Based on: 10-K (reporting date: 2021-12-31).
1 US$ in millions
2 Weighted-average interest rate = 100 × 466 ÷ 12,724 = 3.67%