Regulated Acquisitions and Growth Outlook
Continued Strong Balance Sheet and Credit Ratings
AWK Long-Term Senior Unsecured Ratings
S&P Global
A
(Stable Outlook)
Moody's
Baa1
(Stable Outlook)
Total Debt to Total Capital
AMERICAN WATER
As of
September 30, 2023
54%
Long-Term
Target
<60%
Ratings and Stable Outlook
affirmed at S&P / Moody's
(Feb. '23/Dec. '22)
Low risk business profile
✓ Strong regulatory jurisdictions
Supportive financial plans
Consolidated Debt Maturity Profile
as of September 30, 2023 (Rounded)
Note: Percentage shown is net of cash and cash equivalents of $628 million.
Liquidity Profile
($ in millions, rounded)
($ in millions)
$1,500
$780
$875
$700
$600
$475
$720
2024
2025
2026*
2027
2028
*Proceeds of $720 million from the note related to the sale of HOS are due to the Company in December 2026
Available Liquidity
as of 9/30/23
$3,303
$628
Cash
$2,675
Credit
Credit Facility
Credit Facility capacity of $2.75 billion
✓ Maturity date of October 2028
✓ Increased capacity in October 2022 to
support growing business and capital
investment plan
14View entire presentation