Eli Lilly Files 8-K on Financial Results & Debt Notes
Ticker: LLY · Form: 8-K · Filed: 2024-02-06T00:00:00.000Z
Sentiment: neutral
Topics: debt, financial-condition, 8-K, corporate-filing
TL;DR
**Eli Lilly just dropped an 8-K on financial results and debt, keep an eye on those long-term notes.**
AI Summary
Eli Lilly and Company filed an 8-K on February 6, 2024, to report its financial results and condition, specifically mentioning various debt notes with maturity dates ranging from June 1, 2025, to 2061. This filing is crucial for investors as it provides transparency into the company's financial health and its ability to manage long-term debt obligations, which can impact future profitability and stock valuation.
Why It Matters
This filing provides a snapshot of Eli Lilly's financial health, particularly its debt structure, which is vital for investors to assess the company's stability and future growth potential.
Risk Assessment
Risk Level: low — This 8-K is a routine disclosure of financial results and existing debt instruments, not indicating any immediate new risks or significant changes.
Analyst Insight
Investors should review Eli Lilly's full financial statements to understand the specific amounts and terms of these debt obligations and how they fit into the company's overall financial strategy.
Key Numbers
- June 1, 2025 — Maturity Date (for A718 Notes)
- June 2, 2026 — Maturity Date (for A1.625 Notes)
- June 3, 2030 — Maturity Date (for A2.125 Notes)
- 2031 — Maturity Date (for A625 Notes)
- 2033 — Maturity Date (for A500 Notes)
- January 1, 2036 — Maturity Date (for A6.77 Notes)
- 2043 — Maturity Date (for A1625 Notes)
- 2049 — Maturity Date (for A1.700 Notes)
Key Players & Entities
- ELI LILLY AND COMPANY (company) — the registrant filing the 8-K
- Indiana (location) — state of incorporation
- 001-06351 (identifier) — Commission File Number
- 35-0470950 (identifier) — I.R.S. Employer Identification No.
- Lilly Corporate Center (location) — Address of Principal Executive Offices
- Indianapolis (location) — City of Principal Executive Offices
- 46285 (location) — Zip Code of Principal Executive Offices
- 317-276-2000 (phone_number) — Registrant’s Telephone Number
- February 6, 2024 (date) — Date of Earliest Event Reported
Forward-Looking Statements
- Eli Lilly will successfully manage its debt obligations maturing in 2025. (ELI LILLY AND COMPANY) — high confidence, target: 2025-12-31
- The company's long-term debt structure will remain stable through 2030. (ELI LILLY AND COMPANY) — medium confidence, target: 2030-12-31
FAQ
What is the earliest maturity date for the debt notes mentioned in the filing?
The earliest maturity date for the debt notes mentioned is June 1, 2025, for the lly:A718NotesDueJune12025Member.
What is the latest maturity date for the debt notes mentioned in the filing?
The latest maturity date for the debt notes mentioned is 2061, for the lly:A1375NotesDue2061Member.
What is the purpose of Eli Lilly and Company filing this 8-K?
Eli Lilly and Company filed this 8-K to report on 'Results of Operations and Financial Condition' and 'Financial Statements and Exhibits' as of February 6, 2024.
What is Eli Lilly and Company's state of incorporation?
Eli Lilly and Company's state of incorporation is Indiana, as stated in the filing.
What is the business phone number for Eli Lilly and Company, according to the filing?
The business phone number for Eli Lilly and Company is (317) 276-2000, as listed in the filing.
From the Filing
0000059478-24-000032.txt : 20240206 0000059478-24-000032.hdr.sgml : 20240206 20240206070424 ACCESSION NUMBER: 0000059478-24-000032 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 17 CONFORMED PERIOD OF REPORT: 20240206 ITEM INFORMATION: Results of Operations and Financial Condition ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20240206 DATE AS OF CHANGE: 20240206 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ELI LILLY & Co CENTRAL INDEX KEY: 0000059478 STANDARD INDUSTRIAL CLASSIFICATION: PHARMACEUTICAL PREPARATIONS [2834] ORGANIZATION NAME: 03 Life Sciences IRS NUMBER: 350470950 STATE OF INCORPORATION: IN FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-06351 FILM NUMBER: 24598067 BUSINESS ADDRESS: STREET 1: LILLY CORPORATE CTR STREET 2: DROP CODE 1094 CITY: INDIANAPOLIS STATE: IN ZIP: 46285 BUSINESS PHONE: 3172762000 MAIL ADDRESS: STREET 1: LILLY CORPORATE CENTER STREET 2: DROP CODE 1094 CITY: INDIANAPOLIS STATE: IN ZIP: 46285 FORMER COMPANY: FORMER CONFORMED NAME: LILLY ELI & CO DATE OF NAME CHANGE: 19941024 8-K 1 lly-20240206.htm 8-K lly-20240206 0000059478 false 0000059478 2024-02-06 2024-02-06 0000059478 us-gaap:CommonClassAMember 2024-02-06 2024-02-06 0000059478 lly:A718NotesDueJune12025Member 2024-02-06 2024-02-06 0000059478 lly:A1.625NotesDueJune22026Member 2024-02-06 2024-02-06 0000059478 lly:A2.125NotesDueJune32030Member 2024-02-06 2024-02-06 0000059478 lly:A625Notesdue2031Member 2024-02-06 2024-02-06 0000059478 lly:A500NotesDue2033Member 2024-02-06 2024-02-06 0000059478 lly:A6.77NotesDueJanuary12036Member 2024-02-06 2024-02-06 0000059478 lly:A1625NotesDue2043Member 2024-02-06 2024-02-06 0000059478 lly:A1.700Notesdue2049Member 2024-02-06 2024-02-06 0000059478 lly:A1125NotesDue2051Member 2024-02-06 2024-02-06 0000059478 lly:A1375NotesDue2061Member 2024-02-06 2024-02-06   UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K   CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of Earliest Event Reported): February 6, 2024 ELI LILLY AND COMPANY (Exact Name of Registrant as Specified in its Charter)   Indiana   001-06351   35-0470950 (State or Other Jurisdiction of Incorporation)   (Commission File Number)   (I.R.S. Employer Identification No.)     Lilly Corporate Center Indianapolis, Indiana 46285 (Address of Principal Executive Offices) (Zip Code) Registrant’s Telephone Number, Including Area Code: ( 317 ) 276-2000 Not Applicable (Former Name or Former Address, if Changed Since Last Report.)   Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions ( see General Instruction A.2.): ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock (no par value) LLY New York Stock Exchange 7 1/8% Notes due 2025 LLY25 New York Stock Exchange 1.625% Notes due 2026 LLY26 New York Stock Exchange 2.125% Notes due 2030 LLY30 New York Stock Exchange 0.625% Notes due 2031 LLY31 New York Stock Exchange 0.500% Notes due 2033 LLY33 New York Stock Exchange 6.77% Notes due 2036 LLY36 New York Stock Exchange 1.625% Notes due 2043 LLY43 New York Stock Exchange 1.700% Notes due 2049 LLY49A New York Stock Exchange 1.125% Notes due 2051 LLY51 New York Stock Exchange 1.375% Notes due 2061 LLY61 New York Stock Exchange Indicate