ADBE · 10-Q · 2026Q3 · Full report
Debt Refinancing and Liquidity
ADOBE INC. · 2026-09-22 · Importance 64 · Surprise 42 · In source text
Adobe had $6.15 billion of senior notes outstanding as of August 28, 2026, including $1.35 billion classified as current debt because notes mature on February 1, 2027 and April 4, 2027. The company intends to refinance the current portion on or before maturity, subject to market conditions. Adobe also had $248 million of commercial paper outstanding and no borrowings under its $1.5 billion revolving credit agreement. Maximum remaining interest commitments on senior notes and related swaps were $941 million.
Key facts
- As of August 28, 2026, the carrying value of the current portion of our senior notes was $1.35 billion, net of the related discount and issuance costs, and we intend to refinance the current portion on or before the due date, subject to market conditions. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| liability | negative | realized | — | As of August 28, 2026, the carrying value of the current portion of our senior notes was $1.35 billion, net of the related discount and… |
| liability | positive | probable | — | As of August 28, 2026, the carrying value of the current portion of our senior notes was $1.35 billion, net of the related discount and… |