Analysis of Debt
Total Debt (Carrying Amount)
Adobe Inc., balance sheet: debt
US$ in millions
Based on: 10-K (reporting date: 2024-11-29), 10-K (reporting date: 2023-12-01), 10-K (reporting date: 2022-12-02), 10-K (reporting date: 2021-12-03), 10-K (reporting date: 2020-11-27), 10-K (reporting date: 2019-11-29).
| Debt item | Description | The company |
|---|---|---|
| Total debt, including current portion (carrying amount) | Sum of the carrying values as of the balance sheet date of all debt plus capital lease obligations. | Adobe Inc. total debt decreased from 2022 to 2023 but then increased from 2023 to 2024 exceeding 2022 level. |
Total Debt (Fair Value)
| Nov 29, 2024 | |
|---|---|
| Selected Financial Data (US$ in millions) | |
| Term loan | —) |
| Senior notes | 5,510) |
| Total debt, including current portion (fair value) | 5,510) |
| Financial Ratio | |
| Debt, fair value to carrying amount ratio | 0.98 |
Based on: 10-K (reporting date: 2024-11-29).
Weighted-average Interest Rate on Debt
Weighted-average effective interest rate on debt: 3.56%
| Interest rate | Debt amount1 | Interest rate × Debt amount | Weighted-average interest rate2 |
|---|---|---|---|
| 2.07% | 500) | 10) | |
| 3.67% | 1,000) | 37) | |
| 2.26% | 850) | 19) | |
| 5.03% | 500) | 25) | |
| 4.93% | 750) | 37) | |
| 2.69% | 1,300) | 35) | |
| 5.03% | 750) | 38) | |
| Total | 5,650) | 201) | |
| 3.56% | |||
Based on: 10-K (reporting date: 2024-11-29).
1 US$ in millions
2 Weighted-average interest rate = 100 × 201 ÷ 5,650 = 3.56%