Stock Analysis on Net

AbbVie Inc. (NYSE:ABBV)

$24.99

Analysis of Debt

Microsoft Excel

Total Debt (Carrying Amount)

AbbVie Inc., balance sheet: debt

US$ in millions

Microsoft Excel
Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Short-term borrowings
Current portion of long-term debt and finance lease obligations
Long-term debt and finance lease obligations, excluding current portion
Total debt and finance lease obligations (carrying amount)

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

Debt item Description The company
Total debt and finance lease obligations (carrying amount) Sum of the carrying values as of the balance sheet date of all debt plus capital lease obligations. AbbVie Inc. total debt decreased from 2021 to 2022 and from 2022 to 2023.

Total Debt (Fair Value)

Microsoft Excel
Dec 31, 2023
Selected Financial Data (US$ in millions)
Short-term borrowings
Current portion of long-term debt and finance lease obligations, excluding fair value hedges
Long-term debt and finance lease obligations, excluding fair value hedges
Fair value hedges
Total debt and finance lease obligations (fair value)
Financial Ratio
Debt, fair value to carrying amount ratio

Based on: 10-K (reporting date: 2023-12-31).


Weighted-average Interest Rate on Debt

Weighted-average effective interest rate on debt and finance lease obligations:

Interest rate Debt amount1 Interest rate × Debt amount Weighted-average interest rate2
Total

Based on: 10-K (reporting date: 2023-12-31).

1 US$ in millions

2 Weighted-average interest rate = 100 × ÷ =