Stock Analysis on Net

Marriott International Inc. (NASDAQ:MAR)

This company has been moved to the archive! The financial data has not been updated since May 11, 2020.

Analysis of Debt

Microsoft Excel

Total Debt (Carrying Amount)

Marriott International Inc., balance sheet: debt

US$ in millions

Microsoft Excel
Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016 Dec 31, 2015
Current portion of long-term debt 977 833 398 309 300
Long-term debt, excluding current portion 9,963 8,514 7,840 8,197 3,807
Total long-term debt, including current portion (carrying amount) 10,940 9,347 8,238 8,506 4,107

Based on: 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31).

Debt item Description The company
Total long-term debt, including current portion (carrying amount) Sum of the carrying values as of the balance sheet date of all debt plus capital lease obligations. Marriott International Inc. total debt increased from 2017 to 2018 and from 2018 to 2019.

Total Debt (Fair Value)

Microsoft Excel
Dec 31, 2019
Selected Financial Data (US$ in millions)
Current portion of long-term debt 977
Senior Notes, excluding current portion 6,712
Commercial paper 3,197
Finance lease obligations 157
Other long-term debt 179
Total long-term debt, including current portion (fair value) 11,222
Financial Ratio
Debt, fair value to carrying amount ratio 1.03

Based on: 10-K (reporting date: 2019-12-31).


Weighted-average Interest Rate on Debt

Weighted-average effective interest rate on debt: 3.34%

Interest rate Debt amount1 Interest rate × Debt amount Weighted-average interest rate2
3.40% 349 12
3.60% 349 13
3.40% 398 14
3.10% 449 14
4.00% 346 14
2.50% 747 19
3.30% 744 25
3.10% 291 9
2.80% 332 9
4.10% 291 12
4.20% 444 19
2.50% 549 14
4.40% 347 15
4.80% 297 14
2.50% 299 7
3.90% 564 22
2.40% 543 13
4.40% 157 7
Total 7,496 251
3.34%

Based on: 10-K (reporting date: 2019-12-31).

1 US$ in millions

2 Weighted-average interest rate = 100 × 251 ÷ 7,496 = 3.34%