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- Statement of Comprehensive Income
- Balance Sheet: Liabilities and Stockholders’ Equity
- Cash Flow Statement
- Common-Size Balance Sheet: Liabilities and Stockholders’ Equity
- Enterprise Value to FCFF (EV/FCFF)
- Selected Financial Data since 2008
- Net Profit Margin since 2008
- Total Asset Turnover since 2008
- Price to Operating Profit (P/OP) since 2008
- Analysis of Revenues
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Total Debt (Carrying Amount)
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).
- Short-term Borrowings
- Short-term borrowings exhibited significant volatility over the observed period. Beginning at $244 million in 2020, the figure slightly declined to $225 million in 2021 before experiencing a substantial surge to $5,637 million in 2022. This was followed by a notable reduction to $1,968 million in 2023 and further decreased to $137 million by the end of 2024. The sharp increase in 2022 suggests a temporary reliance on short-term financing, which was largely reversed in the subsequent years.
- Current Portion of Long-term Debt
- The current portion of long-term debt showed a declining trend from 2020 through 2022, decreasing from $3,124 million to $2,611 million. However, this trend reversed in 2023 with a marked increase to $4,698 million, which then decreased again to $3,392 million in 2024. The peak in 2023 indicates a period when a significant amount of long-term debt became due within the year, impacting near-term debt obligations.
- Long-term Debt, Excluding Current Portion
- Long-term debt experienced overall growth during the five-year period. The balance decreased from $28,168 million in 2020 to $24,783 million in 2021, followed by a strong increase to $34,875 million in 2022. Subsequently, it continued to rise, reaching $41,243 million in 2023 and slightly higher at $42,166 million in 2024. This steady increase from 2021 onward signals an expansion in long-term financing commitments, potentially reflecting strategic investments or refinancing activities.
- Total Debt, Including Finance Lease Obligations (Carrying Amount)
- Total debt mirrored the patterns observed in its components. It declined from $31,536 million in 2020 to $27,806 million in 2021, then sharply escalated to $43,123 million in 2022. This increase continued to $47,909 million in 2023, before decreasing modestly to $45,695 million in 2024. The substantial rise starting in 2022 indicates a period of increased leverage, which peaked in 2023 before a slight deleveraging in the latest year.
Total Debt (Fair Value)
Dec 31, 2024 | |
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Selected Financial Data (US$ in millions) | |
Short-term borrowings | |
Long-term debt, including current portion, excluding finance leases | |
Finance leases | |
Total debt, including finance lease obligations (fair value) | |
Financial Ratio | |
Debt, fair value to carrying amount ratio |
Based on: 10-K (reporting date: 2024-12-31).
Weighted-average Interest Rate on Debt
Weighted-average interest rate on debt:
Interest rate | Debt amount1 | Interest rate × Debt amount | Weighted-average interest rate2 |
---|---|---|---|
Total | |||
Based on: 10-K (reporting date: 2024-12-31).
1 US$ in millions
2 Weighted-average interest rate = 100 × ÷ =