DD · 10-Q · 2026Q2 · Full report
Liquidity and Debt Position
DuPont de Nemours, Inc. · 2026-08-04 · Importance 85 · Surprise 88 · No source text
Cash and cash equivalents increased to $1.740 billion at June 30, 2026 from approximately $0.7 billion at December 31, 2025, while total debt declined to $3.125 billion from $3.194 billion. DuPont entered into a $750 million 364-day revolving credit facility and a $2 billion five-year revolving credit facility in May 2026, with no drawdowns during the first six months. The company held investment-grade ratings of BBB+/A-2 from Standard & Poor’s, Baa1/P-2 from Moody’s, and BBB+/F-2 from Fitch, all with stable outlooks.
Key facts
- In May 2026, the Company entered into a $750 million 364-day revolving credit facility and a $2 billion five-year revolving credit facility; there were no drawdowns of either facility during the six month period ended June 30, 2026. source
- Net working capital on a continuing operations basis at June 30, 2026 was current assets $4,856 million, current liabilities $2,001 million, net working capital $2,855 million, and current ratio 2.43:1 (compared with $3,719 million, $1,991 million, $1,728 million and 1.87:1 at December 31, 2025). source
- As of June 30, 2026, the Company is contractually obligated to make future cash payments of $3.2 billion and $2.0 billion associated with principal and interest, respectively, on debt obligations; all principal payments will be due subsequent to 2026 and $165 million of interest will be due in the next twelve months. source
- The 2026 $750 million Revolving Credit Facility will be used for general corporate purposes and the 2026 Five-Year Revolving Credit Facility serves as a backstop to the Company's commercial paper and letter of credit issuance. source
- The Company's cash and cash equivalents at June 30, 2026 and December 31, 2025 were $1,740 million and $706 million, respectively, of which approximately $0.8 billion and $0.6 billion at June 30, 2026 and December 31, 2025, respectively, were held by subsidiaries in foreign countries. source
- As of June 30, 2026, the Company had $2.9 billion of working capital and approximately $1.7 billion in cash and cash equivalents. source
- Total debt at June 30, 2026 and December 31, 2025 was $3,125 million and $3,194 million, respectively. source
- The 2026 Five-Year Revolving Credit Facility and the 2026 $750 million Revolving Credit Facility each contain a covenant requiring Total Indebtedness to Total Capitalization not exceed 0.60, and at June 30, 2026 the Company was in compliance with this covenant. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| liability | negative | realized | -15.2% | As of June 30, 2026, the Company is contractually obligated to make future cash payments of $3.2 billion and $2.0 billion associated with… |
| assets | positive | realized | +5.4% | Net working capital on a continuing operations basis at June 30, 2026 was current assets $4,856 million, current liabilities $2,001… |
| cash | positive | realized | +4.9% | The Company's cash and cash equivalents at June 30, 2026 and December 31, 2025 were $1,740 million and $706 million, respectively, of… |
| liability | negative | realized | -0.8% | As of June 30, 2026, the Company is contractually obligated to make future cash payments of $3.2 billion and $2.0 billion associated with… |
| liability | positive | realized | +0.3% | Total debt at June 30, 2026 and December 31, 2025 was $3,125 million and $3,194 million, respectively. |
| liability | negative | realized | -0.1% | Net working capital on a continuing operations basis at June 30, 2026 was current assets $4,856 million, current liabilities $2,001… |