Analysis of Debt
Total Debt (Carrying Amount)
Broadcom Inc., balance sheet: debt
US$ in millions
Based on: 10-K (reporting date: 2025-11-02), 10-K (reporting date: 2024-11-03), 10-K (reporting date: 2023-10-29), 10-K (reporting date: 2022-10-30), 10-K (reporting date: 2021-10-31), 10-K (reporting date: 2020-11-01).
The analysis of the annual debt data reveals significant fluctuations and trends over the reported periods.
- Short-term debt
- Short-term debt exhibited notable variability. Beginning at 827 million USD, it sharply decreased to 290 million USD the following year, followed by a mild increase to 440 million USD. However, a substantial rise occurred in the subsequent years, reaching a peak at 3,152 million USD by the last reporting period. This increase in short-term debt towards the end may indicate an elevated reliance on short-term financing.
- Long-term debt, excluding current portion
- Long-term debt displayed a gradual declining trend in the initial years, falling from 40,235 million USD to 37,621 million USD across four years. However, there was a dramatic increase afterward, peaking at 66,295 million USD, before slightly decreasing to 61,984 million USD in the final year. This pattern suggests a substantial increase in long-term borrowing during the middle reporting periods and a minor reduction towards the end.
- Total debt (carrying amount)
- Total debt mirrored similar trends seen in its components. Starting at 41,062 million USD, total debt declined steadily to 39,229 million USD before sharply increasing to a high of 67,566 million USD and then slightly receding to 65,136 million USD. The close alignment of total debt movement with both short-term and long-term debt indicates that variations in both components significantly influence the overall debt position.
Overall, the debt structure reveals a phase of relative stability with moderate decreases in total and long-term debt, followed by a period of substantial debt accumulation, particularly noticeable in both short-term and long-term categories. The increase in short-term debt in the last reported years, along with elevated long-term debt, may affect liquidity and financial risk profiles moving forward.
Total Debt (Fair Value)
| Nov 2, 2025 | |
|---|---|
| Selected Financial Data (US$ in millions) | |
| Debt | 64,609) |
| Financial Ratio | |
| Debt, fair value to carrying amount ratio | 0.99 |
Based on: 10-K (reporting date: 2025-11-02).
Weighted-average Interest Rate on Debt
Weighted-average effective interest rate on long-term debt: 4.54%
| Interest rate | Debt amount1 | Interest rate × Debt amount | Weighted-average interest rate2 |
|---|---|---|---|
| 4.34% | 1,000) | 43) | |
| 4.90% | 2,250) | 110) | |
| 4.99% | 1,750) | 87) | |
| 4.49% | 1,750) | 79) | |
| 5.04% | 1,750) | 88) | |
| 4.77% | 2,500) | 119) | |
| 5.03% | 1,100) | 55) | |
| 5.20% | 800) | 42) | |
| 5.34% | 1,100) | 59) | |
| 4.36% | 875) | 38) | |
| 4.51% | 1,500) | 68) | |
| 4.70% | 875) | 41) | |
| 4.38% | 1,750) | 77) | |
| 5.27% | 1,250) | 66) | |
| 5.23% | 2,250) | 118) | |
| 5.30% | 1,500) | 80) | |
| 4.17% | 750) | 31) | |
| 4.30% | 1,200) | 52) | |
| 5.33% | 2,500) | 133) | |
| 4.23% | 3,250) | 137) | |
| 4.79% | 2,750) | 132) | |
| 4.66% | 2,250) | 105) | |
| 4.63% | 3,250) | 150) | |
| 2.10% | 750) | 16) | |
| 2.56% | 2,750) | 70) | |
| 2.70% | 1,750) | 47) | |
| 3.60% | 3,000) | 108) | |
| 3.84% | 1,750) | 67) | |
| 4.19% | 752) | 32) | |
| 5.02% | 1,118) | 56) | |
| 3.29% | 900) | 30) | |
| 4.27% | 1,856) | 79) | |
| 4.39% | 2,000) | 88) | |
| 5.18% | 606) | 31) | |
| 4.95% | 1,655) | 82) | |
| 3.60% | 777) | 28) | |
| 5.60% | 1,500) | 84) | |
| 5.50% | 1,250) | 69) | |
| 5.44% | 750) | 41) | |
| 5.75% | 750) | 43) | |
| 5.74% | 1,500) | 86) | |
| 4.55% | 6) | —) | |
| 4.59% | 1,000) | 46) | |
| 4.55% | 750) | 34) | |
| Total | 67,120) | 3,047) | |
| 4.54% | |||
Based on: 10-K (reporting date: 2025-11-02).
1 US$ in millions
2 Weighted-average interest rate = 100 × 3,047 ÷ 67,120 = 4.54%