v3.26.1
Debt
 3 Months Ended
Jun. 30, 2026
Debt Disclosure [Abstract]  
Debt Debt
Debt consisted of the following at the periods presented below: 
June 30, 2026March 31, 2026
MaturityInterest
Rate		Outstanding
Balance		Interest
Rate		Outstanding
Balance
Term Loan A-19/7/20274.970 %$714 5.018 %$714 
Term Loan A-22/27/20314.870 %$746 4.923 %$750 
Senior Notes due 20289/1/20283.875 %700 3.875 %700 
Senior Notes due 20297/1/20294.000 %500 4.000 %500 
Senior Notes due 20338/4/20335.950 %650 5.950 %650 
Senior Notes due 20354/15/20355.950 %650 5.950 %650 
Less: Unamortized debt issuance costs and discount on debt(24)(24)
Total3,936 3,940 
Less: Current portion of long-term debt(19)(19)
Long-term debt, net of current portion$3,917 $3,921 
Booz Allen Hamilton Inc., a wholly owned subsidiary of Booz Allen Hamilton Holding Corporation, as borrower, and Booz Allen Hamilton Holding Corporation, as guarantor, are parties to a Credit Agreement dated as of July 31, 2012, as amended, which as of June 30, 2026, provides the Company with facility term loans of $1,460 million and a $1,500 million revolving credit facility (the “Revolving Credit Facility”), with a sub-limit for letters of credit of $200 million.
The senior notes due 2035, senior notes due 2033, senior notes due 2029 and senior notes due 2028 (together, the “Senior Notes”) were issued by Booz Allen Hamilton in four separate and distinct tranches, which all bear interest at specified rates and have individual and separate maturity dates. All Senior Notes’ indentures contain certain covenants, events of default and other customary provisions.
The Company occasionally borrows under the Revolving Credit Facility for our working capital needs. There were no borrowings during the three months ended June 30, 2026 and as of both June 30, 2026 and March 31, 2026, respectively, there was no outstanding balance on the Revolving Credit Facility.
As of June 30, 2026 and March 31, 2026, Booz Allen Hamilton was in compliance with all financial covenants associated with its debt. For further information on the Company’s debt, including material terms, conditions, restrictions and redemption options, see Note 10, “Debt,” of the Company’s consolidated financial statements included in the fiscal 2026 Annual Report on Form 10-K.