2023 Earnings and Growth Projections
Strong Balance Sheet and Credit Ratings
AWK Long-Term Senior Unsecured Ratings
S&P Global
A
(Stable Outlook)
Moody's
Baa1
(Stable Outlook)
Low risk business profile
✓ Strong regulatory jurisdictions
✓
Supportive financial plans
Ratings and Stable Outlook
affirmed at S&P / Moody's
(Feb. '23/Dec. '22)
Consolidated Debt Maturity Profile
as of June 30, 2023 (Rounded)
($ in millions)
$1,500
Total Debt to Total Capital**
As of
June 30, 2023
54%
Liquidity Profile
($ in millions, rounded)
Available Liquidity
as of 6/30/23
$780
$700
$600
$475
$3,469
$794
$720
Cash
$100
$2,675
Credit
2023
2024
2025
2026*
2027
*Proceeds of $720 million from the note related to the sale of HOS are due to the Company in December 2026
** Percentage shown is net of cash and cash equivalents of $794 million
AMERICAN WATER
Long-Term
Target
≤ 60%
Credit Facility Amended on 10/26/22
Increased Credit Facility capacity by
$500 million to $2.75 billion from
$2.25 billion
Extended maturity to October 2027
Increased capacity to support growing
business and capital investment plan
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