HD · 10-Q · 2026Q2 · Full report

Outstanding Indebtedness

HOME DEPOT, INC. · 2026-05-27 · Importance 31 · Surprise 6

Home Depot maintains an $11.0 billion commercial paper program supported by $11.0 billion of backup credit facilities and had maximum commercial paper outstanding of $6.2 billion during Q1 fiscal 2026. At May 3, 2026, $3.5 billion was outstanding under the commercial paper program at a weighted-average interest rate of 3.8%, and no borrowings were outstanding under the backup facilities. The company repaid $1.3 billion of 3.00% senior notes at maturity in April 2026 and had long-term debt (excluding current installments) of $44.828 billion at May 3, 2026 (plus current installments of $5.178 billion). Indentures contain covenants that management does not expect to affect liquidity; the company was in compliance with all back-up facility covenants at May 3, 2026.

Key facts

• Senior notes fair value at May 3, 2026: $42,510 million with carrying amount $46,443 million. source
• Repayment in April 2026 of $1.3 billion 3.00% senior notes at maturity. source
• Maximum amount outstanding under commercial paper during first three months of fiscal 2026: $6.2 billion. source
• Outstanding borrowings under commercial paper at May 3, 2026: $3.5 billion with weighted average interest rate of 3.8%. source
• Total liabilities at May 3, 2026: $94,030 million. source
• Long-term debt, excluding current installments, at May 3, 2026: $44,828 million. source
• Total lease liabilities at May 3, 2026: $12,580 million. source
• Current installments of long-term debt at May 3, 2026: $5,178 million. source