Analysis of Debt
Total Debt (Carrying Amount)
Eli Lilly & Co., balance sheet: debt
US$ in thousands
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. | Eli Lilly & Co. 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 thousands) | |
| Short-term commercial paper borrowings | 6,166,400) |
| Long-term debt, including current portion | 17,221,700) |
| Total debt (fair value) | 23,388,100) |
| Financial Ratio | |
| Debt, fair value to carrying amount ratio | 0.93 |
Based on: 10-K (reporting date: 2023-12-31).
Weighted-average Interest Rate on Debt
Weighted-average effective borrowing rate: 3.58%
| Interest rate | Debt amount1 | Interest rate × Debt amount | Weighted-average interest rate2 |
|---|---|---|---|
| 5.39% | 6,189,400) | 333,609) | |
| 0.15% | 714,600) | 1,072) | |
| 7.13% | 217,500) | 15,497) | |
| 2.75% | 560,600) | 15,417) | |
| 5.00% | 750,000) | 37,500) | |
| 1.63% | 830,700) | 13,499) | |
| 5.50% | 364,300) | 20,037) | |
| 3.10% | 401,500) | 12,447) | |
| 0.45% | 476,400) | 2,144) | |
| 3.38% | 930,600) | 31,408) | |
| 0.42% | 162,500) | 683) | |
| 2.13% | 830,700) | 17,652) | |
| 0.63% | 664,600) | 4,154) | |
| 4.70% | 1,000,000) | 47,000) | |
| 0.50% | 664,600) | 3,323) | |
| 0.56% | 65,800) | 368) | |
| 6.77% | 158,600) | 10,737) | |
| 5.55% | 444,700) | 24,681) | |
| 5.95% | 266,800) | 15,875) | |
| 3.88% | 240,300) | 9,312) | |
| 1.63% | 318,500) | 5,176) | |
| 4.65% | 38,300) | 1,781) | |
| 3.70% | 386,800) | 14,312) | |
| 3.95% | 347,000) | 13,707) | |
| 3.95% | 958,200) | 37,849) | |
| 1.70% | 1,107,600) | 18,829) | |
| 0.97% | 54,200) | 526) | |
| 2.25% | 1,250,000) | 28,125) | |
| 1.13% | 553,800) | 6,230) | |
| 4.88% | 1,250,000) | 60,938) | |
| 4.15% | 591,300) | 24,539) | |
| 2.50% | 850,000) | 21,250) | |
| 1.38% | 775,300) | 10,660) | |
| 4.95% | 1,000,000) | 49,500) | |
| Total | 25,415,200) | 909,832) | |
| 3.58% | |||
Based on: 10-K (reporting date: 2023-12-31).
1 US$ in thousands
2 Weighted-average interest rate = 100 × 909,832 ÷ 25,415,200 = 3.58%