The carrying value and fair value of long-term borrowings determined using market prices and EUR/USD foreign exchange rate at June 30, 2025 included the following:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(in millions) |
Maturity
Amount |
|
|
Unamortized
Discount
and Debt
Issuance Costs(1) |
|
|
Carrying Value |
|
|
Fair Value |
|
3.20% Notes due 2027(2) |
$ |
700 |
|
|
$ |
(1 |
) |
|
$ |
699 |
|
|
$ |
691 |
|
4.60% Notes due 2027 |
|
800 |
|
|
|
(2 |
) |
|
|
798 |
|
|
|
810 |
|
3.25% Notes due 2029(2) |
|
1,000 |
|
|
|
(5 |
) |
|
|
995 |
|
|
|
969 |
|
4.70% Notes due 2029 |
|
500 |
|
|
|
(3 |
) |
|
|
497 |
|
|
|
510 |
|
2.40% Notes due 2030(2) |
|
1,000 |
|
|
|
(3 |
) |
|
|
997 |
|
|
|
920 |
|
1.90% Notes due 2031(2) |
|
1,250 |
|
|
|
(6 |
) |
|
|
1,244 |
|
|
|
1,098 |
|
2.10% Notes due 2032(2) |
|
1,000 |
|
|
|
(10 |
) |
|
|
990 |
|
|
|
861 |
|
4.75% Notes due 2033(2) |
|
1,250 |
|
|
|
(16 |
) |
|
|
1,234 |
|
|
|
1,261 |
|
5.00% Notes due 2034 |
|
1,000 |
|
|
|
(7 |
) |
|
|
993 |
|
|
|
1,021 |
|
3.75% Notes due 2035 |
|
1,174 |
|
|
|
(8 |
) |
|
|
1,166 |
|
|
|
1,196 |
|
4.90% Notes due 2035 |
|
500 |
|
|
|
(5 |
) |
|
|
495 |
|
|
|
504 |
|
5.25% Notes due 2054 |
|
1,500 |
|
|
|
(32 |
) |
|
|
1,468 |
|
|
|
1,441 |
|
5.35% Notes due 2055 |
|
1,200 |
|
|
|
(14 |
) |
|
|
1,186 |
|
|
|
1,167 |
|
Total long-term borrowings |
$ |
12,874 |
|
|
$ |
(112 |
) |
|
$ |
12,762 |
|
|
$ |
12,449 |
|
(1)The unamortized discount and debt issuance costs are amortized over the term of the notes. (2)Issued by Old BlackRock and guaranteed by BlackRock, Inc.
|