The company's main creditors include bondholders (long-term debt holders) and commercial paper lenders, with total debt of $8.2 billion as of 2023. The financial structure remains conservative, supported by a $3.5 billion revolving credit facility and strong cash flow generation. Debt levels increased due to the NI acquisition, but the company maintains solid liquidity and investment-grade creditworthiness.
Total debt, which includes long-term debt, current maturities of long-term debt, commercial paper and other short-term borrowings, was \$8,157, \$10,374 and \$6,665 as of September 30, 2023, 2022 and 2021, respectively.