Debt profile

Our long-term objective on debt is to have some leverage on the balance sheet when the economics make sense. Even then, we use debt judiciously such that we avoid concentrated maturities while we maintain our strategic flexibility. To help investors understand the company's debt profile*, the chart below summarizes TI's current outstanding debt, all in senior unsecured notes.

Amount outstanding Interest rates Matures
$0.75B 1.65% August 3, 2019
$0.5B 1.75% May 1, 2020
$0.55B 2.75% March 12, 2021
$0.5B 1.850% May 15, 2022
$0.5B 2.25% May 1, 2023
$0.3B 2.625% May 15, 2024
$0.5B 2.9% November 3, 2027
$1.5B 4.150% May 15, 2048
total    
$5.1B 2.77% (weighted average)  

* As of June 8, 2018