CVS · 8-K · 20260805PR000097
Debt and Capital Allocation
CVS HEALTH Corp · 2026-08-05 · Importance 89 · Surprise 82 · From source text
Long-term debt declined to $61.410 billion at June 30, 2026, consisting of $1.958 billion current debt and $59.452 billion long-term debt, versus $64.570 billion at December 31, 2025. CVS Health repaid $3.287 billion of long-term debt during the first six months, compared with $762 million in the prior-year period. The company paid $1.725 billion of dividends in the first six months, up from $1.706 billion. Property and equipment purchases totaled $1.540 billion, up from $1.350 billion, while acquisition cash payments were only $9 million.
Key facts
- Long-term debt at June 30, 2026: $59,452 million versus $60,502 million at December 31, 2025 source
- Total CVS Health shareholders’ equity at June 30, 2026: $79,702 million versus $75,214 million at December 31, 2025 source
- Repayments of long-term debt during six months ended June 30, 2026: $3,287 million versus $762 million in 2025 source
- Current portion of long-term debt at June 30, 2026: $1,958 million versus $4,068 million at December 31, 2025 source
- Dividends paid during six months ended June 30, 2026: $1,725 million versus $1,706 million in 2025 source
- Weighted average diluted shares outstanding for Q2 2026: 1,287 million versus 1,270 million in Q2 2025 source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| liability | positive | realized | — | Long-term debt at June 30, 2026: $59,452 million versus $60,502 million at December 31, 2025 |
| assets | positive | realized | — | Total CVS Health shareholders’ equity at June 30, 2026: $79,702 million versus $75,214 million at December 31, 2025 |
| cash | negative | realized | — | Repayments of long-term debt during six months ended June 30, 2026: $3,287 million versus $762 million in 2025 |