Analysis of Debt
Total Debt (Carrying Amount)
Raytheon Co., balance sheet: debt
US$ in millions
Based on: 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31).
| Debt item | Description | The company |
|---|---|---|
| Total commercial paper and long-term debt (carrying amount) | Sum of the carrying values as of the balance sheet date of all debt plus capital lease obligations. | Raytheon Co. total debt increased from 2017 to 2018 but then decreased significantly from 2018 to 2019. |
Total Debt (Fair Value)
| Dec 31, 2019 | |
|---|---|
| Selected Financial Data (US$ in millions) | |
| Commercial paper | —) |
| Long-term debt | 5,337) |
| Total commercial paper and long-term debt (fair value) | 5,337) |
| Financial Ratio | |
| Debt, fair value to carrying amount ratio | 1.12 |
Based on: 10-K (reporting date: 2019-12-31).
Weighted-average Interest Rate on Debt
Weighted-average interest rate on debt: 4.01%
| Interest rate | Debt amount1 | Interest rate × Debt amount | Weighted-average interest rate2 |
|---|---|---|---|
| 4.40% | 500) | 22) | |
| 3.13% | 999) | 31) | |
| 2.50% | 1,097) | 27) | |
| 3.15% | 298) | 9) | |
| 7.20% | 374) | 27) | |
| 7.00% | 185) | 13) | |
| 4.88% | 592) | 29) | |
| 4.70% | 420) | 20) | |
| 4.20% | 295) | 12) | |
| Total | 4,760) | 191) | |
| 4.01% | |||
Based on: 10-K (reporting date: 2019-12-31).
1 US$ in millions
2 Weighted-average interest rate = 100 × 191 ÷ 4,760 = 4.01%