Analysis of Debt
Total Debt (Carrying Amount)
Humana Inc., balance sheet: debt
US$ in millions
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 (carrying amount) | Sum of the carrying values as of the balance sheet date of all debt plus capital lease obligations. | Humana Inc. total debt decreased from 2021 to 2022 but then slightly increased from 2022 to 2023. |
Total Debt (Fair Value)
| Dec 31, 2023 | |
|---|---|
| Selected Financial Data (US$ in millions) | |
| Book overdraft | 353) |
| Commercial paper | 871) |
| Senior notes | 10,600) |
| Term loans | —) |
| Total debt (fair value) | 11,824) |
| Financial Ratio | |
| Debt, fair value to carrying amount ratio | 0.98 |
Based on: 10-K (reporting date: 2023-12-31).
Weighted-average Interest Rate on Debt
Weighted-average interest rate on debt: 4.63%
| Interest rate | Debt amount1 | Interest rate × Debt amount | Weighted-average interest rate2 |
|---|---|---|---|
| 5.68% | 871) | 49) | |
| 3.85% | 572) | 22) | |
| 4.50% | 598) | 27) | |
| 5.70% | 498) | 28) | |
| 1.35% | 688) | 9) | |
| 3.95% | 537) | 21) | |
| 5.75% | 495) | 28) | |
| 5.75% | 495) | 28) | |
| 3.70% | 590) | 22) | |
| 3.13% | 433) | 14) | |
| 4.88% | 496) | 24) | |
| 2.15% | 743) | 16) | |
| 5.88% | 750) | 44) | |
| 5.95% | 840) | 50) | |
| 8.15% | 261) | 21) | |
| 4.63% | 396) | 18) | |
| 4.95% | 740) | 37) | |
| 4.80% | 396) | 19) | |
| 3.95% | 529) | 21) | |
| 5.50% | 728) | 40) | |
| Total | 11,656) | 540) | |
| 4.63% | |||
Based on: 10-K (reporting date: 2023-12-31).
1 US$ in millions
2 Weighted-average interest rate = 100 × 540 ÷ 11,656 = 4.63%