Uber Technologies Inc., balance sheet: debt

US$ in millions

	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Current portion of long-term debt	25)	27)	27)	27)	27)
Finance leases liabilities, current	156)	115)	191)	177)	165)
Long-term debt, net of current portion	9,459)	9,265)	9,276)	7,560)	5,707)
Finance leases liabilities, non-current	322)	284)	43)	120)	143)
Total long-term debt and finance leases liabilities (carrying amount)	9,962)	9,691)	9,537)	7,884)	6,042)

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Debt item	Description	The company
Total long-term debt and finance leases liabilities (carrying amount)	Sum of the carrying values as of the balance sheet date of all debt plus capital lease obligations.	Uber Technologies Inc. total debt increased from 2021 to 2022 and from 2022 to 2023.

	Dec 31, 2023
Selected Financial Data (US$ in millions)
2016 Senior Secured Term Loan	—)
2018 Senior Secured Term Loan	—)
2025 Refinanced Term Loan	—)
2027 Refinanced Term Loan	—)
2030 Refinanced Term Loan	2,000)
2023 Senior Note	—)
2025 Senior Note	—)
2026 Senior Note	1,528)
2027 Senior Note	1,238)
2028 Senior Note	503)
2029 Senior Note	1,431)
2025 Convertible Notes	1,200)
2028 Convertible Notes	1,900)
Total long-term debt (fair value)	9,800)
Finance leases liabilities	—)
Total long-term debt and finance leases liabilities (fair value)	9,800)
Financial Ratio
Debt, fair value to carrying amount ratio	0.98

Weighted-average effective interest rate on long-term debt and finance lease liabilities: 5.30%

Interest rate	Debt amount¹	Interest rate × Debt amount
8.30%	1,986)	165)
8.10%	1,500)	122)
7.70%	1,200)	92)
7.00%	500)	35)
4.70%	1,500)	71)
0.20%	1,150)	2)
0.90%	1,725)	16)
6.30%	478)	30)
Total	10,039)	532)
5.30%

¹ US$ in millions

² Weighted-average interest rate = 100 × 532 ÷ 10,039 = 5.30%

Uber Technologies Inc. (NYSE:UBER)

Analysis of Debt