Stock Analysis on Net

CVS Health Corp. (NYSE:CVS)

Analysis of Debt

Microsoft Excel

Total Debt (Carrying Amount)

CVS Health Corp., balance sheet: debt

US$ in millions

Microsoft Excel
Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Short-term debt 2,119 200
Current portion of long-term debt 3,624 2,772 1,778 4,205 5,440
Long-term debt, excluding current portion 60,527 58,638 50,476 51,971 59,207
Total debt (carrying amount) 66,270 61,610 52,254 56,176 64,647

Based on: 10-K (reporting date: 2024-12-31), 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).

Debt item Description The company
Total debt (carrying amount) Sum of the carrying values as of the balance sheet date of all debt plus capital lease obligations. CVS Health Corp. total debt increased from 2022 to 2023 and from 2023 to 2024.

Total Debt (Fair Value)

Microsoft Excel
Dec 31, 2024
Selected Financial Data (US$ in millions)
Short-term debt 2,119
Long-term debt, including current portion 58,724
Total debt (fair value) 60,843
Financial Ratio
Debt, fair value to carrying amount ratio 0.92

Based on: 10-K (reporting date: 2024-12-31).


Weighted-average Interest Rate on Debt

Weighted-average interest rate on debt: 4.64%

Interest rate Debt amount1 Interest rate × Debt amount Weighted-average interest rate2
4.98% 2,119 106
4.10% 724 30
3.88% 2,828 110
5.00% 1,500 75
2.88% 1,750 50
3.00% 750 23
3.63% 750 27
6.25% 372 23
1.30% 2,250 29
4.30% 5,000 215
5.00% 1,000 50
5.40% 1,000 54
3.25% 1,750 57
5.13% 1,500 77
3.75% 1,500 56
1.75% 1,250 22
5.25% 750 39
1.88% 1,250 23
5.55% 1,000 56
2.13% 1,000 21
5.25% 1,750 92
5.30% 1,250 66
5.70% 1,250 71
4.88% 652 32
6.63% 771 51
6.75% 533 36
4.78% 5,000 239
6.13% 447 27
4.13% 602 25
2.70% 367 10
5.75% 133 8
4.50% 500 23
4.13% 226 9
5.30% 750 40
4.75% 375 18
6.00% 750 45
5.13% 3,500 179
3.88% 537 21
5.05% 8,000 404
4.25% 399 17
5.63% 1,250 70
5.88% 1,250 73
6.05% 1,000 61
6.00% 750 45
6.75% 750 51
7.00% 2,250 158
5.10% 1,360 69
Total 66,445 3,082
4.64%

Based on: 10-K (reporting date: 2024-12-31).

1 US$ in millions

2 Weighted-average interest rate = 100 × 3,082 ÷ 66,445 = 4.64%