Analysis of Debt
Total Debt (Carrying Amount)
Procter & Gamble Co., balance sheet: debt
US$ in millions
Based on: 10-K (filing date: 2020-08-06), 10-K (filing date: 2019-08-06), 10-K (filing date: 2018-08-07), 10-K (filing date: 2017-08-07), 10-K (filing date: 2016-08-09), 10-K (filing date: 2015-08-07).
Debt item | Description | The company |
---|---|---|
Total short-term and long-term debt (carrying amount) | Sum of the carrying values as of the balance sheet date of all debt plus capital lease obligations. | Procter & Gamble Co.’s total debt decreased from 2018 to 2019 but then increased from 2019 to 2020 exceeding 2018 level. |
Total Debt (Fair Value)
Jun 30, 2020 | |
---|---|
Selected Financial Data (US$ in millions) | |
Commercial paper | 8,545 |
Other | 130 |
Total short-term debt (fair value) | 8,675 |
Long-term debt, including current portion | 29,000 |
Total short-term and long-term debt (fair value) | 37,675 |
Financial Ratio | |
Debt, fair value to carrying amount ratio | 1.09 |
Based on: 10-K (filing date: 2020-08-06).
Weighted-average Interest Rate on Debt
Weighted average interest rate on debt: 1.78%
Interest rate | Debt amount1 | Interest rate × Debt amount | Weighted-average interest rate2 |
---|---|---|---|
0.70% | 11,183 | 78 | |
2.30% | 23,537 | 541 | |
Total | 34,720 | 620 | |
1.78% |
Based on: 10-K (filing date: 2020-08-06).
1 US$ in millions
2 Weighted-average interest rate = 100 × 620 ÷ 34,720 = 1.78%