Analysis of Debt
Total Debt (Carrying Amount)
UnitedHealth Group 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 commercial paper, long-term debt and other financing obligations (carrying amount) | Sum of the carrying values as of the balance sheet date of all debt plus capital lease obligations. | UnitedHealth Group Inc. total debt increased from 2021 to 2022 and from 2022 to 2023. |
Total Debt (Fair Value)
| Dec 31, 2023 | |
|---|---|
| Selected Financial Data (US$ in millions) | |
| Commercial paper | 1,088) |
| Long-term debt and other financing obligations | 59,851) |
| Total commercial paper, long-term debt and other financing obligations (fair value) | 60,939) |
| Financial Ratio | |
| Debt, fair value to carrying amount ratio | 0.97 |
Based on: 10-K (reporting date: 2023-12-31).
Weighted-average Interest Rate on Debt
Weighted-average interest rate on short-term borrowings and long-term debt: 4.16%
| Interest rate | Debt amount1 | Interest rate × Debt amount | Weighted-average interest rate2 |
|---|---|---|---|
| 5.40% | 1,088) | 59) | |
| 3.50% | 750) | 26) | |
| 0.55% | 999) | 5) | |
| 2.38% | 750) | 18) | |
| 5.00% | 499) | 25) | |
| 3.75% | 1,997) | 75) | |
| 5.15% | 748) | 39) | |
| 3.70% | 299) | 11) | |
| 1.25% | 498) | 6) | |
| 3.10% | 998) | 31) | |
| 1.15% | 924) | 11) | |
| 3.45% | 748) | 26) | |
| 3.38% | 622) | 21) | |
| 3.70% | 598) | 22) | |
| 2.95% | 944) | 28) | |
| 5.25% | 1,011) | 53) | |
| 3.85% | 1,146) | 44) | |
| 3.88% | 846) | 33) | |
| 4.25% | 1,238) | 53) | |
| 4.00% | 862) | 34) | |
| 2.88% | 908) | 26) | |
| 5.30% | 1,275) | 68) | |
| 2.00% | 1,238) | 25) | |
| 2.30% | 1,290) | 30) | |
| 4.20% | 1,412) | 59) | |
| 5.35% | 2,046) | 109) | |
| 4.50% | 1,463) | 66) | |
| 4.63% | 1,014) | 47) | |
| 5.80% | 838) | 49) | |
| 6.50% | 491) | 32) | |
| 6.63% | 640) | 42) | |
| 6.88% | 1,078) | 74) | |
| 3.50% | 1,242) | 43) | |
| 2.75% | 968) | 27) | |
| 5.70% | 296) | 17) | |
| 5.95% | 346) | 21) | |
| 3.05% | 1,484) | 45) | |
| 4.63% | 590) | 27) | |
| 4.38% | 486) | 21) | |
| 3.95% | 609) | 24) | |
| 4.25% | 736) | 31) | |
| 4.75% | 1,975) | 94) | |
| 4.20% | 739) | 31) | |
| 4.25% | 718) | 31) | |
| 3.75% | 935) | 35) | |
| 4.25% | 1,331) | 57) | |
| 4.45% | 1,087) | 48) | |
| 3.70% | 1,236) | 46) | |
| 2.90% | 1,211) | 35) | |
| 3.25% | 1,972) | 64) | |
| 4.75% | 1,966) | 93) | |
| 5.88% | 1,968) | 116) | |
| 5.05% | 1,969) | 99) | |
| 3.88% | 1,229) | 48) | |
| 3.13% | 966) | 30) | |
| 4.95% | 981) | 49) | |
| 6.05% | 1,466) | 89) | |
| 5.20% | 1,709) | 89) | |
| Total | 61,473) | 2,555) | |
| 4.16% | |||
Based on: 10-K (reporting date: 2023-12-31).
1 US$ in millions
2 Weighted-average interest rate = 100 × 2,555 ÷ 61,473 = 4.16%