Morningstar Credit Rating * Amt Outstanding Issuer Type Issuer Domicile Debt/Assets Sector
A $11.3 Bil Corporate United States 32.77 % Consumer Defensive

Capital Structure

Most Recent (Jul 2017)

Type % Amount
Debt 52.5 12.2 Bil
Preferred --- ---
Equity 47.5 11.1 Bil
 

Historical

Apr 2017
Jul 2016
Jul 2014
Type % Amount
Debt 53.7 12.8 Bil
Preferred --- ---
Equity 46.3 11.0 Bil
 

Yield to Maturity

Circle size determined by issue amount
 Debt
 Preferred
 Convertible
Name
Maturity Date
Amount $(Mil)
Credit Quality
Price
Coupon %
Coupon Type
(Fixed/Floating)
Callable
Rule 144A
Yield to
Maturity %
Name Maturity Date Amount $ Credit Quality Price Coupon % Coupon Type
(Fixed/Floating)
Callable Yield to
Worst %
Yield to
Maturity %
07/01/2042
1,500.0
---
101.1
4.000
Fixed
No
No
3.93
01/15/2018
1,084.4
---
101.8
6.000
Fixed
No
No
1.69
07/01/2024
1,000.0
---
104.3
3.500
Fixed
No
No
2.80
01/15/2022
1,000.0
---
103.3
2.900
Fixed
No
No
2.10
06/26/2019
1,000.0
---
101.3
2.300
Fixed
No
No
1.61
04/15/2046
1,000.0
---
93.6
3.625
Fixed
No
No
4.00
04/15/2026
1,000.0
---
95.8
2.500
Fixed
No
No
3.06
07/15/2020
1,000.0
---
105.7
3.875
Fixed
No
No
1.84
01/15/2038
659.8
---
141.9
7.000
Fixed
No
No
3.98
10/15/2037
580.6
---
132.2
6.500
Fixed
No
No
4.13
11/01/2032
502.6
---
128.5
6.350
Fixed
No
No
3.86
07/15/2031
218.3
---
134.2
7.000
Fixed
No
No
3.81
05/15/2018
200.0
---
102.5
4.875
Fixed
No
No
1.62
06/16/2020
150.0
---
120.5
9.350
Fixed
No
No
2.15
01/01/2028
135.5
---
128.1
6.750
Fixed
No
No
3.50
08/01/2028
115.8
---
128.4
6.650
Fixed
No
No
3.51
05/15/2022
40.8
---
125.6
8.800
Fixed
No
No
3.12
07/01/2020
38.7
---
119.6
9.875
Fixed
No
No
2.83
06/15/2021
27.7
---
131.9
9.700
Fixed
No
No
1.47
04/01/2022
21.6
---
124.2
8.875
Fixed
No
No
3.26
10/01/2021
16.7
---
123.1
9.000
Fixed
No
No
3.01
01/10/2022
5.000
---
127.6
8.600
Fixed
No
No
5.49
12/15/2021
5.000
---
128.0
8.600
Fixed
No
No
5.45
06/15/2037
---
---
---
5.895
Fixed
No
---
---
08/15/2027
---
---
---
5.865
Fixed
No
---
---
11/01/2018
0.000
---
---
9.750
---
No
---
---
06/16/2020
0.000
---
---
9.350
---
No
---
---
06/16/2020
0.000
---
---
9.350
---
No
---
---
06/01/2020
0.000
---
---
9.990
Fixed
No
No
---
12/01/2022
0.000
---
---
8.500
---
No
---
---

Debt & Coverage Ratios

  Firm Ind Avg Rel to Industry
Debt/Assets 0.33 0.25
Debt/Equity 1.10 0.62
Current Assets/Current Liability 0.91 0.87
EBITDA/Interest 8.30 ---
Debt/EBITDA 1.74 1.47
Cashflow Ops/Total Debt 0.56 0.62
- Avg +
 

Credit Quality

 
 
  Morningstar Core Bond Index
  Debt
  Preferred
  Convertible

* Morningstar Credit Ratings, LLC is a credit rating agency registered with the Securities and Exchange Commission as a nationally recognized statistical rating organizations (“NRSRO”). Under its NRSRO registration, Morningstar Credit Ratings issues credit ratings on financial institutions (e.g., banks), corporate issuers and asset-backed securities. While Morningstar Credit Ratings issues credit ratings on insurance companies, those ratings are not issued under its NRSRO registration. All Morningstar credit ratings and related analysis contained herein are solely statements of opinion and not statements of fact or recommendations to purchase, hold, or sell any securities or make any other investment decisions. Morningstar credit ratings and related analysis should not be considered without an understanding and review of our methodologies, disclaimers, disclosures and other important information found at www.morningstarcreditratings.com.