Analysis of Debt

Hilton Worldwide Holdings Inc., balance sheet: debt

US$ in millions

	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Current maturities of long-term debt	39)	39)	54)	56)	37)
Long-term debt, excluding current maturities	9,157)	8,708)	8,712)	10,431)	7,956)
Total long-term debt (carrying amount)	9,196)	8,747)	8,766)	10,487)	7,993)

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Debt item	Description	The company
Total long-term debt (carrying amount)	Sum of the carrying values as of the balance sheet date of all debt plus capital lease obligations.	Hilton Worldwide Holdings Inc. total debt decreased from 2021 to 2022 but then increased from 2022 to 2023 exceeding 2021 level.

	Dec 31, 2023
Selected Financial Data (US$ in millions)
Long-term debt, excluding finance lease liabilities and other debt of consolidated VIEs	8,760)
Finance lease liabilities	139)
Other debt of consolidated VIEs	9)
Total long-term debt (fair value)	8,908)
Financial Ratio
Debt, fair value to carrying amount ratio	0.97

Weighted-average interest rate on long-term debt: 5.40%

Interest rate	Debt amount¹	Interest rate × Debt amount
7.21%	1,000)	72)
7.46%	2,119)	158)
5.38%	500)	27)
4.88%	600)	29)
5.75%	500)	29)
3.75%	800)	30)
4.88%	1,000)	49)
4.00%	1,100)	44)
3.63%	1,500)	54)
6.01%	139)	8)
1.01%	9)	—)
Total	9,267)	501)
5.40%

¹ US$ in millions

² Weighted-average interest rate = 100 × 501 ÷ 9,267 = 5.40%

Hilton Worldwide Holdings Inc. (NYSE:HLT)