Analysis of Debt
Total Debt (Carrying Amount)
Salesforce Inc., balance sheet: debt
US$ in millions
Based on: 10-K (reporting date: 2022-01-31), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-01-31), 10-K (reporting date: 2019-01-31), 10-K (reporting date: 2018-01-31), 10-K (reporting date: 2017-01-31).
| Debt item | Description | The company |
|---|---|---|
| Total debt and finance lease liabilities (carrying amount) | Sum of the carrying values as of the balance sheet date of all debt plus capital lease obligations. | Salesforce Inc. total debt decreased from 2020 to 2021 but then increased from 2021 to 2022 exceeding 2020 level. |
Total Debt (Fair Value)
| Jan 31, 2022 | |
|---|---|
| Selected Financial Data (US$ in millions) | |
| Term Loan | — |
| Senior Notes | 10,300 |
| 0.25% Convertible Senior Notes | — |
| Revolving credit facility | — |
| Loan assumed on 50 Fremont | 186 |
| Finance lease liabilities | 385 |
| Capital lease obligations | — |
| Total debt and finance lease liabilities (fair value) | 10,871 |
| Financial Ratio | |
| Debt, fair value to carrying amount ratio | 0.99 |
Based on: 10-K (reporting date: 2022-01-31).
Weighted-average Interest Rate on Debt
Weighted-average effective interest rate on debt: 2.55%
| Interest rate | Debt amount1 | Interest rate × Debt amount | Weighted-average interest rate2 |
|---|---|---|---|
| 3.25% | 998 | 32 | |
| 3.75% | 186 | 7 | |
| 0.63% | 997 | 6 | |
| 3.70% | 1,492 | 55 | |
| 1.50% | 990 | 15 | |
| 1.95% | 1,488 | 29 | |
| 2.70% | 1,234 | 33 | |
| 2.90% | 1,976 | 57 | |
| 3.05% | 1,235 | 38 | |
| 1.90% | 385 | 7 | |
| Total | 10,981 | 280 | |
| 2.55% | |||
Based on: 10-K (reporting date: 2022-01-31).
1 US$ in millions
2 Weighted-average interest rate = 100 × 280 ÷ 10,981 = 2.55%