Analysis of Debt
Advanced level
Total Debt (Carrying Amount)
Emerson Electric Co., balance sheet: debt
US$ in millions
Based on: 10-K (filing date: 2019-11-18), 10-K (filing date: 2018-11-19), 10-K (filing date: 2017-11-20), 10-K (filing date: 2016-11-16), 10-K (filing date: 2015-11-18), 10-K (filing date: 2014-11-19).
| 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. | Emerson Electric Co.’s total debt increased from 2017 to 2018 and from 2018 to 2019. |
Total Debt (Fair Value)
| Sep 30, 2019 | |
|---|---|
| Selected Financial Data (US$ in millions) | |
| Commercial paper | 929 |
| Payable to banks | — |
| Total short-term borrowings (fair value) | 929 |
| Long-term debt, including current maturities | 5,261 |
| Total debt (fair value) | 6,190 |
| Financial Ratio | |
| Debt, fair value to carrying amount ratio | 1.08 |
Based on: 10-K (filing date: 2019-11-18).
Weighted-average Interest Rate on Debt
Interest rate for weighted-average debt: 3.06%
| Interest Rate | Debt Amount1 | Interest Rate × Debt Amount | Weighted-average Interest Rate2 |
|---|---|---|---|
| 4.88% | 500 | 24 | |
| 4.25% | 300 | 13 | |
| 2.63% | 500 | 13 | |
| 2.63% | 500 | 13 | |
| 0.38% | 545 | 2 | |
| 3.15% | 500 | 16 | |
| 1.25% | 545 | 7 | |
| 2.00% | 545 | 11 | |
| 6.00% | 250 | 15 | |
| 6.13% | 250 | 15 | |
| 5.25% | 300 | 16 | |
| Total | 4,735 | 145 | |
| 3.06% | |||
Based on: 10-K (filing date: 2019-11-18).
1 US$ in millions
2 Weighted-average interest rate = 100 × 145 ÷ 4,735 = 3.06%