Stock Analysis on Net

Abbott Laboratories (NYSE:ABT)

Analysis of Debt 

Microsoft Excel

Total Debt (Carrying Amount)

Abbott Laboratories, balance sheet: debt

US$ in millions

Microsoft Excel
Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Short-term borrowings 213
Current portion of long-term debt 1,500 1,080 2,251 754 7
Long-term debt, excluding current portion 12,625 13,599 14,522 17,296 18,527
Total debt (carrying amount) 14,125 14,679 16,773 18,050 18,747

Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).

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. Abbott Laboratories total debt decreased from 2022 to 2023 and from 2023 to 2024.

Total Debt (Fair Value)

Microsoft Excel
Dec 31, 2024
Selected Financial Data (US$ in millions)
Short-term borrowings
Long-term debt, including current maturities 13,710
Total debt (fair value) 13,710
Financial Ratio
Debt, fair value to carrying amount ratio 0.97

Based on: 10-K (reporting date: 2024-12-31).


Weighted-average Interest Rate on Debt

Weighted-average interest rate on debt: 3.82%

Interest rate Debt amount1 Interest rate × Debt amount Weighted-average interest rate2
2.95% 1,000 30
3.88% 500 19
1.50% 1,188 18
3.75% 1,700 64
0.38% 615 2
1.15% 650 7
1.40% 650 9
4.75% 1,650 78
6.15% 547 34
6.00% 515 31
5.30% 694 37
4.75% 700 33
4.90% 3,250 159
Total 13,659 522
3.82%

Based on: 10-K (reporting date: 2024-12-31).

1 US$ in millions

2 Weighted-average interest rate = 100 × 522 ÷ 13,659 = 3.82%