Analysis of Debt
Total Debt (Carrying Amount)
CVS Health Corp., balance sheet: debt
US$ in millions
Based on: 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), 10-K (reporting date: 2019-12-31).
| 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. | CVS Health Corp. total debt decreased from 2021 to 2022 but then increased from 2022 to 2023 exceeding 2021 level. |
Total Debt (Fair Value)
| Dec 31, 2023 | |
|---|---|
| Selected Financial Data (US$ in millions) | |
| Short-term debt | 200) |
| Long-term debt, including current portion | 58,451) |
| Total debt (fair value) | 58,651) |
| Financial Ratio | |
| Debt, fair value to carrying amount ratio | 0.95 |
Based on: 10-K (reporting date: 2023-12-31).
Weighted-average Interest Rate on Debt
Weighted-average interest rate on debt: 4.32%
| Interest rate | Debt amount1 | Interest rate × Debt amount | Weighted-average interest rate2 |
|---|---|---|---|
| 4.31% | 200) | 9) | |
| 3.38% | 650) | 22) | |
| 2.63% | 1,000) | 26) | |
| 3.50% | 750) | 26) | |
| 5.00% | 299) | 15) | |
| 4.10% | 950) | 39) | |
| 3.88% | 2,828) | 110) | |
| 5.00% | 1,500) | 75) | |
| 2.88% | 1,750) | 50) | |
| 3.00% | 750) | 23) | |
| 3.63% | 750) | 27) | |
| 6.25% | 372) | 23) | |
| 1.30% | 2,250) | 29) | |
| 4.30% | 5,000) | 215) | |
| 5.00% | 1,000) | 50) | |
| 3.25% | 1,750) | 57) | |
| 5.13% | 1,500) | 77) | |
| 3.75% | 1,500) | 56) | |
| 1.75% | 1,250) | 22) | |
| 5.25% | 750) | 39) | |
| 1.88% | 1,250) | 23) | |
| 2.13% | 1,000) | 21) | |
| 5.25% | 1,750) | 92) | |
| 5.30% | 1,250) | 66) | |
| 4.88% | 652) | 32) | |
| 6.63% | 771) | 51) | |
| 6.75% | 533) | 36) | |
| 4.78% | 5,000) | 239) | |
| 6.13% | 447) | 27) | |
| 4.13% | 1,000) | 41) | |
| 2.70% | 1,250) | 34) | |
| 5.75% | 133) | 8) | |
| 4.50% | 500) | 23) | |
| 4.13% | 500) | 21) | |
| 5.30% | 750) | 40) | |
| 4.75% | 375) | 18) | |
| 5.13% | 3,500) | 179) | |
| 3.88% | 1,000) | 39) | |
| 5.05% | 8,000) | 404) | |
| 4.25% | 750) | 32) | |
| 5.63% | 1,250) | 70) | |
| 5.88% | 1,250) | 73) | |
| 6.00% | 750) | 45) | |
| 5.00% | 1,391) | 70) | |
| Total | 61,851) | 2,674) | |
| 4.32% | |||
Based on: 10-K (reporting date: 2023-12-31).
1 US$ in millions
2 Weighted-average interest rate = 100 × 2,674 ÷ 61,851 = 4.32%