Total Debt (Carrying Amount)
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 short-term and long-term debt, including financing lease liabilities (carrying amount) | Sum of the carrying values as of the balance sheet date of all debt plus capital lease obligations. | T-Mobile US Inc. total debt increased from 2019 to 2020 and from 2020 to 2021. |
Total Debt (Fair Value)
Dec 31, 2021 | |
---|---|
Selected Financial Data (US$ in millions) | |
Senior Notes to third parties | 32,093 |
Senior Notes to affiliates | 3,844 |
Senior Secured Notes to third parties | 42,393 |
Incremental Term Loan Facility to affiliates | — |
Senior Reset Notes to affiliates | — |
Vendor financing arrangements and other debt | 47 |
Financing lease liabilities | 2,575 |
Total short-term and long-term debt, including financing lease liabilities (fair value) | 80,952 |
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: 4.05%
Interest rate | Debt amount1 | Interest rate × Debt amount | Weighted-average interest rate2 |
---|---|---|---|
4.10% | 74,193 | 3,042 | |
2.50% | 2,575 | 64 | |
Total | 76,768 | 3,106 | |
4.05% |
Based on: 10-K (reporting date: 2021-12-31).
1 US$ in millions
2 Weighted-average interest rate = 100 × 3,106 ÷ 76,768 = 4.05%
Interest Costs Incurred
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 |
---|---|---|
Interest expense | Amount of the cost of borrowed funds accounted for as interest expense for debt. | T-Mobile US Inc. interest expense increased from 2019 to 2020 and from 2020 to 2021. |
Capitalized interest | Amount of interest costs capitalized disclosed as an adjusting item to interest costs incurred. | T-Mobile US Inc. capitalized interest decreased from 2019 to 2020 and from 2020 to 2021. |
Interest costs incurred | Total interest costs incurred during the period and either capitalized or charged against earnings. | T-Mobile US Inc. interest costs incurred increased from 2019 to 2020 and from 2020 to 2021. |
Adjusted Interest Coverage Ratio
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).
2021 Calculations
1 Interest coverage ratio (without capitalized interest) = EBIT ÷ Interest expense
= 6,713 ÷ 3,362 = 2.00
2 Adjusted interest coverage ratio (with capitalized interest) = EBIT ÷ Interest costs incurred
= 6,713 ÷ 3,572 = 1.88
Solvency ratio | Description | The company |
---|---|---|
Adjusted interest coverage ratio | A solvency ratio calculated as EBIT divided by interest payments (including capitalized interest). | T-Mobile US Inc. adjusted interest coverage ratio deteriorated from 2019 to 2020 and from 2020 to 2021. |