Analysis of Debt

Kimberly-Clark Corp., balance sheet: debt

US$ in millions

	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Debt payable within one year	486)	1,534)	1,208)	953)	1,133)
Long-term debt, excluding payable within one year	7,878)	6,213)	6,247)	6,472)	6,439)
Total debt (carrying amount)	8,364)	7,747)	7,455)	7,425)	7,572)

Download chart

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.	Kimberly-Clark Corp. total debt increased from 2018 to 2019 and from 2019 to 2020.

	Dec 31, 2020
Selected Financial Data (US$ in millions)
Short-term debt	223)
Long-term debt, including current portion	9,627)
Total debt (fair value)	9,850)
Financial Ratio
Debt, fair value to carrying amount ratio	1.18

Weighted-average interest rate on debt: 3.27%

Interest rate	Debt amount¹	Interest rate × Debt amount
3.30%	7,897)	261)
0.60%	169)	1)
6.30%	75)	5)
Total	8,141)	266)
3.27%

¹ US$ in millions

² Weighted-average interest rate = 100 × 266 ÷ 8,141 = 3.27%

Kimberly-Clark Corp. (NYSE:KMB)