Debt to repay, balance sheet of Dec 31, 2025
$79.4B of principal scheduled, $20.7B of it within 5 years
Principal scheduled
$79.4B
in the debt note's maturity table
Cash against the next 12 months
4.0×
$24.4B cash on the same balance sheet
What the debt is made of, and when it is due
balance sheet of Sep 30, 2026 · schedule of Dec 31, 2025The debt note's own lines, 2025-12-31
Fixed rate $0Floating $2.7B Not stated $79.0B
| Line, as the company names it | Kind | Rate | Fixed or floating | Amount |
|---|---|---|---|---|
| 5.625% notes due July 2054 | Notes and bonds | 5.62% | not stated | $2.8B |
| Commercial Paper | Commercial paper | – | floating | $2.2B |
| 3.750% Notes Due July 2025 | Notes and bonds | 3.75% | not stated | $2.0B |
| 3.250% notes due May 2051 | Notes and bonds | 3.25% | not stated | $2.0B |
| 4.750% notes Due July 2045 | Notes and bonds | 4.75% | not stated | $2.0B |
| 4.750% notes due May 2052 | Notes and bonds | 4.75% | not stated | $2.0B |
| 5.150% notes due July 2034 | Notes and bonds | 5.15% | not stated | $2.0B |
| 5.050% notes due April 2053 | Notes and bonds | 5.05% | not stated | $2.0B |
| 5.350% notes due February 2033 | Notes and bonds | 5.35% | not stated | $2.0B |
| 5.875% notes due February 2053 | Notes and bonds | 5.88% | not stated | $2.0B |
| 5.750% notes due July 2064 | Notes and bonds | 5.75% | not stated | $1.9B |
| 5.375% Notes due April 2054 | Notes and bonds | 5.38% | not stated | $1.8B |
| 5.200% notes due April 2063 | Notes and bonds | 5.20% | not stated | $1.8B |
| 2.300% notes due May 2031 | Notes and bonds | 2.30% | not stated | $1.5B |
| 3.050% notes due May 2041 | Notes and bonds | 3.05% | not stated | $1.5B |
| 4.950% notes due January 2032 | Notes and bonds | 4.95% | not stated | $1.5B |
| 4.200% notes due May 2032 | Notes and bonds | 4.20% | not stated | $1.5B |
| 4.500% notes due April 2033 | Notes and bonds | 4.50% | not stated | $1.5B |
| 5.500% notes due July 2044 | Notes and bonds | 5.50% | not stated | $1.5B |
| 6.050% notes due February 2063 | Notes and bonds | 6.05% | not stated | $1.5B |
| 4.250% notes due June 2048 | Notes and bonds | 4.25% | not stated | $1.4B |
| 2.000% notes due May 2030 | Notes and bonds | 2.00% | not stated | $1.2B |
| 2.900% notes due May 2050 | Notes and bonds | 2.90% | not stated | $1.2B |
| 3.500% notes due August 2039 | Notes and bonds | 3.50% | not stated | $1.2B |
| 3.700% notes due August 2049 | Notes and bonds | 3.70% | not stated | $1.2B |
| 3.875% notes due August 2059 | Notes and bonds | 3.88% | not stated | $1.2B |
| 4.800% notes due January 2030 | Notes and bonds | 4.80% | not stated | $1.2B |
| 4.250% notes due January 2029 | Notes and bonds | 4.25% | not stated | $1.2B |
| 5.000% notes due April 2034 | Notes and bonds | 5.00% | not stated | $1.2B |
| 5.300% notes due February 2030 | Notes and bonds | 5.30% | not stated | $1.2B |
| 3.850% notes due June 2028 | Notes and bonds | 3.85% | not stated | $1.1B |
| 4.450% notes due December 2048 | Notes and bonds | 4.45% | not stated | $1.1B |
| 5.500% Notes due April 2064 | Notes and bonds | 5.50% | not stated | $1.1B |
| 6.875% notes Due Februray 2038 | Notes and bonds | 6.88% | not stated | $1.1B |
| 1.150% notes due May 2026 | Notes and bonds | 1.15% | not stated | $1.0B |
| 2.875% notes due August 2029 | Notes and bonds | 2.88% | not stated | $1.0B |
| 2.750% notes due May 2040 | Notes and bonds | 2.75% | not stated | $1.0B |
| 3.100% notes due March 2026 | Notes and bonds | 3.10% | not stated | $1.0B |
| 3.125% notes due May 2060 | Notes and bonds | 3.12% | not stated | $1.0B |
| 4.625% notes Due July 2035 | Notes and bonds | 4.62% | not stated | $1.0B |
| 4.900% notes due April 2031 | Notes and bonds | 4.90% | not stated | $1.0B |
| 4.950% notes due May 2062 | Notes and bonds | 4.95% | not stated | $1.0B |
| 5.3% notes due June 2035 | Notes and bonds | 5.30% | not stated | $1.0B |
| 5.250% notes due February 2028 | Notes and bonds | 5.25% | not stated | $1.0B |
| 2.950% notes due October 2027 | Notes and bonds | 2.95% | not stated | $950.0M |
| 3.750% notes due October 2047 | Notes and bonds | 3.75% | not stated | $950.0M |
| 4.000% notes due May 2029 | Notes and bonds | 4.00% | not stated | $900.0M |
| 3.875% notes due December 2028 | Notes and bonds | 3.88% | not stated | $850.0M |
| 5.800% notes Due March 2036 | Notes and bonds | 5.80% | not stated | $850.0M |
| 3.450% notes due January 2027 | Notes and bonds | 3.45% | not stated | $750.0M |
| 4.200% notes due January 2047 | Notes and bonds | 4.20% | not stated | $750.0M |
| 4.65% notes due January 2031 | Notes and bonds | 4.65% | not stated | $750.0M |
| 4.250% notes Due March 2043 | Notes and bonds | 4.25% | not stated | $750.0M |
| 5.950% notes due June 2055 | Notes and bonds | 5.95% | not stated | $750.0M |
| 5.150% notes due October 2025 | Notes and bonds | 5.15% | not stated | $750.0M |
| 4.250% notes due April 2047 | Notes and bonds | 4.25% | not stated | $725.0M |
| 4.750% notes due July 2026 | Notes and bonds | 4.75% | not stated | $650.0M |
| 6.625% notes due November 2037 | Notes and bonds | 6.62% | not stated | $650.0M |
| 3.375% notes due April 2027 | Notes and bonds | 3.38% | not stated | $625.0M |
| 3.950% notes Due October 2042 | Notes and bonds | 3.95% | not stated | $625.0M |
| 3.700% notes due May 2027 | Notes and bonds | 3.70% | not stated | $600.0M |
| 4.625% notes Due November 2041 | Notes and bonds | 4.62% | not stated | $600.0M |
| 4.375% notes Due March 2042 | Notes and bonds | 4.38% | not stated | $502.0M |
| 1.250% notes due January 2026 | Notes and bonds | 1.25% | not stated | $500.0M |
| $500 4.40% Jun 2028 | – | 4.40% | not stated | $500.0M |
| 4.600% notes due April 2027 | Notes and bonds | 4.60% | not stated | $500.0M |
| 6.500% notes Due June 2037 | Notes and bonds | 6.50% | not stated | $500.0M |
| Floating Rate Notes Due July 2026 | Notes and bonds | – | floating | $500.0M |
| 4.700% notes due April 2029 | Notes and bonds | 4.70% | not stated | $400.0M |
| 5.950% notes Due Februrary 2041 | Notes and bonds | 5.95% | not stated | $350.0M |
| 3.700% notes due December 2025 | Notes and bonds | 3.70% | not stated | $300.0M |
| 5.700% notes Due October 2040 | Notes and bonds | 5.70% | not stated | $300.0M |
All 72 lines
From the debt note in the 10-K's XBRL (0000731766-26-000062), as the company tags it: by issue, by year, by currency or by kind. Lines from two ways of cutting the same debt can overlap, so they are not added up. Fixed or floating is read from the line's own name only; "not stated" when it says neither.
Left: the debt lines on the balance sheet (XBRL). Right: the principal due each year, from the debt note's maturity schedule; it can differ a little from the balance sheet, which shows the debt net of discounts and fees. Leases are not counted.
When it is due
Principal due each fiscal year
From the debt note of the 10-K filed Mar 2, 2026 (balance sheet of Dec 31, 2025). Fiscal years are counted from that date.
| When | Principal due | Share | |
|---|---|---|---|
| Next 12 months FY2026 | $6.1B | 8% | |
| Year 2 FY2027 | $3.5B | 4% | |
| Year 3 FY2028 | $3.6B | 5% | |
| Year 4 FY2029 | $3.7B | 5% | |
| Year 5 FY2030 | $3.9B | 5% | |
| After year 5 | $58.7B | 74% |
Principal only: interest, leases and commercial paper are not in this schedule. Hover a row for its XBRL line. Open the filing ↗