Accenture plcACN
Accenture plc Debt Disclosure
Borrowings and Indebtedness
On October 4, 2024, Accenture Capital Inc. (“Accenture Capital”), a wholly owned finance subsidiary of Accenture plc, issued $5 billion aggregate principal amount of senior unsecured notes. Net proceeds from the offering are being used for general corporate purposes, including repayment of outstanding commercial paper borrowings. Interest on the senior unsecured notes is payable semi-annually in arrears. Accenture Capital may redeem the senior unsecured notes at any time in whole, or from time to time, in part at specified redemption prices. Accenture plc and Accenture Capital are not subject to any financial covenants under the senior unsecured notes.
The following is a summary of total outstanding debt as of August 31, 2025 and August 31, 2024, respectively:
| August 31, 2025 | August 31, 2024 | ||||||||||
| Current portion of long-term debt and bank borrowings | |||||||||||
| Commercial paper (1) | $ | 99,963 | $ | 931,507 | |||||||
| Other (2) | 14,521 | 14,722 | |||||||||
| Total current portion of long-term debt and bank borrowings | $ | 114,484 | $ | 946,229 | |||||||
| Long-term debt | |||||||||||
Senior notes – 3.90% due 2027 | $ | 1,100,000 | $ | — | |||||||
Senior notes – 4.05% due 2029 | 1,200,000 | — | |||||||||
Senior notes – 4.25% due 2031 | 1,200,000 | — | |||||||||
Senior notes – 4.50% due 2034 | 1,500,000 | — | |||||||||
| Total principal amount (3) | $ | 5,000,000 | $ | — | |||||||
| Less: unamortized debt discount and issuance costs | (32,774) | — | |||||||||
| Total carrying amount | $ | 4,967,226 | $ | — | |||||||
| Other (2) | 66,943 | 78,628 | |||||||||
| Total long-term debt | $ | 5,034,169 | $ | 78,628 | |||||||
(1)The carrying amounts of the commercial paper as of August 31, 2025 and August 31, 2024 include the remaining principal outstanding of $100,000 and $935,000, respectively, net of total unamortized discounts of $37 and $3,493, respectively. The weighted-average effective interest rate for the commercial paper was 4.5% and 5.4% as of August 31, 2025 and August 31, 2024, respectively.
(2)Amounts primarily include finance lease liabilities.
(3)The total estimated fair value of our senior notes was $5.0 billion as of August 31, 2025. The fair value was determined based on quoted prices as of the last trading day of fiscal 2025 and is classified as Level 2 within the fair value hierarchy.
As of August 31, 2025, future principal payments for total outstanding debt, excluding finance leases, are summarized as follows:
| Fiscal Year | Amount | ||||
| 2026 | $ | 100,000 | |||
| 2027 | — | ||||
| 2028 | 1,100,000 | ||||
| 2029 | — | ||||
| 2030 | 1,200,000 | ||||
| Thereafter | 2,700,000 | ||||
| Total | $ | 5,100,000 | |||
As of August 31, 2025, we had the following borrowing facilities:
| Credit Facilities | |||||
| Syndicated loan facility (1) | $ | 5,500,000 | |||
| Separate, uncommitted, unsecured multicurrency revolving credit facilities (2) | 2,029,480 | ||||
| Local guaranteed and non-guaranteed lines of credit (3) | 292,539 | ||||
| Total | $ | 7,822,019 | |||
(1)This facility, which matures on May 14, 2029, provides unsecured, revolving borrowing capacity for general corporate purposes, including the issuance of letters of credit and short-term commercial paper. Borrowings under this facility will accrue interest at the applicable risk-free rate plus a spread. We continue to be in compliance with relevant covenant terms. The facility is subject to annual commitment fees.
(2)We maintain separate, uncommitted and unsecured multicurrency revolving credit facilities. These facilities provide local currency financing for the majority of our operations. Interest rate terms on the revolving facilities are at market rates prevailing in the relevant local markets. As of August 31, 2025 and 2024, we had no borrowings under these facilities.
(3)We also maintain local guaranteed and non-guaranteed lines of credit for those locations that cannot access our global facilities. As of August 31, 2025 and 2024, we had no borrowings under these various facilities.
We had an aggregate of $1,373,620 and $1,269,178 of letters of credit outstanding and $100,000 and $935,000 (excluding unamortized discounts) of commercial paper outstanding as of August 31, 2025 and 2024, respectively. The amount of letters of credit and commercial paper outstanding reduces the available borrowing capacity under the facilities described above.Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Oct 10, 2025 | Showing above |
| 2024 | Oct 10, 2024 | |
| 2023 | Oct 12, 2023 | |
| 2022 | Oct 12, 2022 | |
| 2021 | Oct 15, 2021 | |
| 2020 | Oct 22, 2020 | |
| 2019 | Oct 29, 2019 | |
| 2018 | Oct 24, 2018 | |
| 2017 | Oct 26, 2017 | |
| 2016 | Oct 28, 2016 | |
| 2015 | Oct 30, 2015 | |
About Debt Disclosures
Debt disclosures detail a company's borrowing structure — the types of instruments, interest rates, maturity schedule, and covenant restrictions that define its financial obligations and flexibility. This section is essential for assessing refinancing risk, interest rate exposure, and the margin of safety against financial distress.
Key signals: the maturity schedule reveals concentration risk — large maturities within 1-2 years during tight credit markets can force dilutive refinancing or asset sales. Compare the fair value of debt against carrying amount to gauge whether the market views the company's credit risk differently than the balance sheet suggests. Watch covenant compliance disclosures for tightening cushions, especially leverage and interest coverage ratios. Variable-rate debt exposure quantifies sensitivity to interest rate changes. Secured versus unsecured mix affects recovery rates and future borrowing capacity. Compare net debt-to-EBITDA against industry peers and covenant limits to assess financial health.