Analyst Day 2021
Debt Summary at the End of 3Q23
(1,2)
Sr.
Sr.
Sr.
Sr.
Debt Instrument
Notes
Notes
Sr.
Sr.
Sr.
Sr.
Unsecured Unsecured Unsecured Unsecured Unsecured Unsecured Unsecured Unsecured Unsecured Unsecured Unsecured Unsecured Unsecured Unsecured Unsecured
Notes
Notes
Notes
Notes
Notes
Notes
Notes
Sr.
Sr.
Sr.
Sr.
Sr.
Sr.
Sr.
Revolving
Credit
Notes
Notes
Notes
Notes
Notes
Notes
Facility
Issue Date
Dec-18
Apr-20
Dec-18
Jun-19
Apr-20
May-22
Dec-18
Jun-19
Maturity Date
Mar-24
May-25
Mar-26
Jun-26
May-27
Jun-27
Dec-28
Jun-29
Apr-20
May-30
May-21
May-31
Nov-21
Feb-32
May-22
Jan-33
May-21
May-41
Nov-21
Feb-42
Nov-21
Nov-51
Aug-22
Aug-27
Issued Amount (M)
$
1,000
$
500
$
500
$
750
$
Book Value (M)
$
999
$
499
$
499
$
6969
500
748 $ 498
6969
$
500 $
500 $ 1,000 $ 1,000
$ 497
$ 497
$ 994 $ 994
595
$ 1,000 $ 1,000
$ 993 $ 993 $ 989
$ 1,000
$ 1,000 $
500 $
500
$ 2,500
$ 988
$
492
$ 491
$
Coupon
4.875%
2.700%
5.350%
3.875%
3.150%
4.400%
5.550%
4.300%
3.40%
2.50%
2.65%
5.00%
3.25%
3.125%
3.250%
Adj. Fwd.
SOFR
+ 112.5 bps
Moody's
Baa3
Baa3
Baa3
Baa3
Baa3
Baa3
Baa3
Baa3
Baa3
Baa3
Baa3
Baa3
Baa3
Baa3
Baa3
NR
Standard & Poor's
BBB+
BBB+
BBB+
BBB+
Fitch
BBB
BBB
BBB
BBB
BBB+
BBB
BBB+
BBB
BBB+
BBB+
BBB+
BBB+
BBB+
BBB+
BBB+
BBB+
BBB+
NR
BBB
BBB
BBB
BBB
BBB
BBB
BBB
BBB
BBB
NR
Total Leverage
Total Debt ($M)
Total Cash ($M)
Net Debt ($M)
SSS A
$ 11,172
$ 4,042
$
7,130
$
5,384
TTM Adj. EBITDA
Cost of Debt
3.79%
Reported Gross Leverage
2.1X
Reported Net Leverage
1.3X
TTM Adj. EBITDA/TTM net Interest
19.9x
1.
2.
$750
$500
$1,000
$1,000
$1,000
$1,000
$1,000
$1,000
$1,000
$500
$500
$500
$500
$500
$500
2023
2024
2025
'24 Sr. Unsecured Note (4.875%)
■'27 Sr. Unsecured Note (4.40%)
■'32 Sr. Unsecured Note (2.65%)
2026
2027
2028
2029
2030
■'25 Sr. Unsecured Note (2.70%)
'28 Sr. Unsecured Note (5.55%)
■'33 Sr. Unsecured Note (5.00%)
2031
■'26 Sr. Unsecured Note (5.35%)
■'29 Sr. Unsecured Note (4.30%)
■'41 Sr. Unsecured Note (3.25%)
2032
2033
■'26 Sr. Unsecured Note (3.875%)
■'30 Sr. Unsecured Note (3.4%)
■'42 Sr. Unsecured Note (3.125%)
2041
2042
■'27 Sr. Unsecured Note (3.15%)
■'31 Sr. Unsecured Note (2.50%)
■'51 Sr. Unsecured Note (3.25%)
2051
Please refer to the NXP Historic Financial Model file found on the Financial Information page of the Investor Relations section of our website at www.nxp.com/investor for additional information relative to our Non-GAAP Financial Measures
For the third quarter ended October 1, 2023, interest expense, net of ($60) million is comprised of interest expense of ($109) million, less interest income of $49 million. Interest expense, net is a component of Financial income (expense) of ($75) million as reported in the NXP Historic Financial Model file found on the
Financial Information page.View entire presentation