CAH · 10-Q · 2026Q3 · Full report
Liquidity and Cash Position
CARDINAL HEALTH INC · 2026-11-05 · Importance 43 · Surprise 32 · Matches filing data
At September 30, 2026, cash and equivalents were $5.264 billion, up from $4.856 billion at June 30, 2026, while total long-term obligations, including current obligations and short-term borrowings, were $8.8 billion, down from $8.9 billion. Cardinal Health had no outstanding commercial paper or revolving-credit-facility borrowings at September 30, 2026. On August 7, 2026, it consolidated its revolving credit arrangements into a $4.0 billion, five-year facility expiring in August 2031, and on September 15 increased its commercial paper program to $4.0 billion. The company was in compliance with its maximum 4.00-to-1.00 consolidated net leverage covenant at September 30, 2026.
Key facts
- On August 7, 2026, Cardinal Health entered into a consolidated $4.0 billion five-year revolving credit facility, terminating its $2.0 billion revolving credit facility, $1.0 billion 364-day revolving credit facility, and $1.0 billion committed receivables sales facility. source
- Cardinal Health had a $4.0 billion commercial paper program backed by a $4.0 billion revolving credit facility expiring in August 2031, with no amounts outstanding under either facility at September 30, 2026. source
- Cardinal Health increased its commercial paper program to $4.0 billion on September 15, 2026; the program is backstopped by its revolving credit facility. source
- Total long-term obligations, including the current portion and other short-term borrowings, were $8.8 billion at September 30, 2026, compared with $8.9 billion at June 30, 2026. source
- Cardinal Health had total long-term obligations, including the current portion and other short-term borrowings, of $8.8 billion at September 30, 2026, compared with $8.9 billion at June 30, 2026. source
- On August 7, 2026, Cardinal Health entered into a consolidated $4.0 billion five-year revolving credit facility, terminating its existing $2.0 billion revolving facility, $1.0 billion 364-day revolving facility, and $1.0 billion committed receivables sales facility. source
- On September 15, 2026, Cardinal Health increased its commercial paper program to $4.0 billion, backed by its revolving credit facility. source
- Between October 29 and November 2, 2026, Cardinal Health entered into $1 billion of uncommitted revolving credit facilities. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| liability | positive | realized | +0.2% | Total long-term obligations, including the current portion and other short-term borrowings, were $8.8 billion at September 30, 2026,… |