Analysis of Debt

RTX Corp., balance sheet: debt

US$ in millions

	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Short-term borrowings	183)	189)	625)	134)	247)
Long-term debt currently due	2,352)	1,283)	595)	24)	550)
Long-term debt, excluding currently due	38,726)	42,355)	30,694)	31,327)	31,026)
Total debt (carrying amount)	41,261)	43,827)	31,914)	31,485)	31,823)

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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.	RTX Corp. total debt increased from 2022 to 2023 but then slightly decreased from 2023 to 2024.

	Dec 31, 2024
Selected Financial Data (US$ in millions)
Short-term borrowings	183)
Long-term debt, including currently due, excluding finance leases	37,956)
Finance leases	87)
Total debt (fair value)	38,226)
Financial Ratio
Debt, fair value to carrying amount ratio	0.93

Weighted-average interest rate related to total debt: 4.50%

Interest rate	Debt amount¹	Interest rate × Debt amount
4.50%	41,261)	1,857)
Total	41,261)	1,857)
4.50%

¹ US$ in millions

² Weighted-average interest rate = 100 × 1,857 ÷ 41,261 = 4.50%

RTX Corp. (NYSE:RTX)