Walgreens Boots Alliance Inc. (WBA)
Analysis of Debt
Advanced level
Total Debt (Carrying Amount)
Walgreens Boots Alliance Inc., balance sheet: debt
US$ in millions
Based on: 10-K (filing date: 2019-10-28), 10-K (filing date: 2018-10-11), 10-K (filing date: 2017-10-25), 10-K (filing date: 2016-10-20), 10-K (filing date: 2015-10-28), 10-K (filing date: 2014-10-20).
| Debt item | Description | The company |
|---|---|---|
| Total borrowings (carrying amount) | Sum of the carrying values as of the balance sheet date of all debt plus capital lease obligations. | Walgreens Boots Alliance Inc.’s total debt increased from 2017 to 2018 and from 2018 to 2019. |
Total Debt (Fair Value)
| Aug 31, 2019 | |
|---|---|
| Selected Financial Data (US$ in millions) | |
| Short-term borrowings | 4,488 |
| Unsecured Pound Sterling variable rate term loan due 2019 | — |
| $6 Billion Note Issuance | 2,600 |
| $8 Billion Note Issuance | 6,800 |
| £700 Million Note Issuance | 900 |
| €750 Million Note Issuance | 900 |
| $4 Billion Note Issuance | 1,700 |
| $1 Billion Note Issuance | — |
| Other | 25 |
| Total borrowings (fair value) | 17,413 |
| Financial Ratio | |
| Debt, fair value to carrying amount ratio | 1.03 |
Based on: 10-K (filing date: 2019-10-28).
Weighted-average Interest Rate on Debt
Weighted-average interest rate on debt: 3.49%
| Interest Rate | Debt Amount1 | Interest Rate × Debt Amount | Weighted-average Interest Rate2 |
|---|---|---|---|
| 3.45% | 1,890 | 65 | |
| 4.65% | 591 | 27 | |
| 3.30% | 1,247 | 41 | |
| 3.80% | 1,992 | 76 | |
| 4.50% | 495 | 22 | |
| 4.80% | 1,492 | 72 | |
| 2.88% | 488 | 14 | |
| 3.60% | 365 | 13 | |
| 2.13% | 824 | 18 | |
| 3.10% | 1,197 | 37 | |
| 4.40% | 493 | 22 | |
| 3.07% | 2,400 | 74 | |
| 2.70% | 1,250 | 34 | |
| Total | 14,724 | 514 | |
| 3.49% | |||
Based on: 10-K (filing date: 2019-10-28).
1 US$ in millions
2 Weighted-average interest rate = 100 × 514 ÷ 14,724 = 3.49%