NXP Investor Presentation slide image

NXP Investor Presentation

Debt Summary End of 1Q22 1,2 Debt Instrument Sr. Unsecured Notes Issue Date May-16 Sr. Unsecured Notes Dec-18 Sr. Unsecured Notes Sr. Unsecured Notes Apr-20 Dec-18 Sr. Unsecured Notes Jun-19 Sr. Unsecured Notes Apr-20 Sr. Sr. Unsecured Unsecured Notes Notes Dec-18 Sr. Unsecured Notes Sr. Unsecured Notes Jun-19 Apr-20 May-21 Sr. Unsecured Notes Nov-21 Sr. Unsecured Notes May-21 Maturity Date Jun-23 Mar-24 May-25 Mar-26 Jun-26 May-27 Dec-28 Jun-29 May-30 May-31 Feb-32 May-41 Sr. Unsecured Notes Nov-21 Feb-42 Sr. Unsecured Notes Nov-21 Revolving Credit Facility Jun-19 Nov-51 Jun-24 Issued Amount (M) $ 900 $ Book Value (M) $ 899 $ 997 1,000 $ $ 6969 500 $ 498 $ 500 498 $ 750 $ 500 $ 500 $ $ 747 $ 497 $ 497 69 69 1,000 $ 1,000 $ 1,000 $ 1,000 $ 1,000 $ 993 $ 993 $ 992 $ 992 $ 987 $ 6969 $ 500 $ 500 $ 1,500 492 $ 491 $ Libor Coupon 4.625% 4.875% 2.700% 5.350% 3.875% 3.150% 5.550% 4.300% 3.40% 2.50% 2.65% 3.25% 3.125% 3.250% + 125 bps Rating Moody's Baa3 Baa3 Baa3 Baa3 Baa3 Baa3 Baa3 Baa3 Baa3 Baa3 Baa3 Baa3 Baa3 Baa3 NR Standard & Poor's BBB BBB BBB BBB BBB BBB BBB BBB BBB BBB BBB BBB BBB BBB Fitch BBB BBB BBB BBB BBB BBB BBB BBB BBB BBB BBB BBB BBB BBB NR NR Total Leverage Total Debt ($M) $ 10,573 Total Cash ($M) $ 2,683 Net Debt ($M) $ 7,890 TTM Adj. EBITDA $ 4,576 Cost of Debt 3.72% Reported Leverage TTM Adj. EBITDA/TTM net Interest 1.7X 12.0x 1. 2. 14 2022 $1,000 $900 2023 $750 $500 $500 $500 $500 $1,000 $1,000 $1,000 $1,000 $1,000 $500 $500 2024 2025 2026 2027 2028 2029 2030 2031 2032 2041 2042 2051 '24 Sr. Unsecured Note (4.875%) '28 Sr. Unsecured Note (5.55%) ■'41 Sr. Unsecured Note (3.25%) ■'25 Sr. Unsecured Note (2.70%) ■'29 Sr. Unsecured Note (4.30%) '42 Sr. Unsecured Note (3.125%) '26 Sr. Unsecured Note (5.35%) ■'30 Sr. Unsecured Note (3.4%) '51 Sr. Unsecured Note (3.25%) ■'26 Sr. Unsecured Note (3.875%) ■'31 Sr. Unsecured Note (2.5%) '23 Sr. Unsecured Note (4.625%) ■'27 Sr. Unsecured Note (3.15%) ■'32 Sr. Unsecured Note (2.65%) 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 first quarter ended April 3, 2022, Interest expense, net of $102 million is comprised of interest expense of $104 million, less interest income of $2 million. Interest expense, net is a component of Financial income (expense) of $105 million as reported in the NXP Historic Financial Model file found on the Financial Information page. Historical information along with the calculation of TTM Adj. EBITDA/TTM net interest, can be found in the file referenced in footnote 1 on the P&L tab. NXP
View entire presentation