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Debt obligations (Tables)

12 Months Ended

Dec. 31, 2019

Schedule of Short-term Debt

a. Short-term debt:

										December 31,
		Weighted average interest rate as of December 31, 2019				Maturity				2019				2018
										(U.S. $ in millions)
Bank and financial institutions			—				—				—				2
Convertible debentures			0.25%				2026				514				514
Current maturities of long-term liabilities											1,831				1,700
Total short term debt										$	2,345			$	2,216

Schedule of Senior Notes and Loans

		Weighted average interest rate as of December 31, 2019				Maturity				December 31, 2019				December 31, 2018
		%								(U.S. $ in millions)
Senior notes EUR 1,010 million (2)			0.38	%			2020			$	1,131			$	1,897
Senior notes EUR 1,500 million			1.13	%			2024				1,673				1,707
Senior notes EUR 1,300 million			1.25	%			2023				1,451				1,480
Senior notes EUR 900 million			4.50	%			2025				1,008				1,029
Senior notes EUR 750 million			1.63	%			2028				833				850
Senior notes EUR 700 million			3.25	%			2022				784				801
Senior notes EUR 700 million			1.88	%			2027				782				798
Senior notes EUR 1,000 million (4)			6.00	%			2025				1,120				—
Senior notes USD 1,000 million (5)			7.13	%			2025				1,000				—
Senior notes USD 3,500 million			3.15	%			2026				3,494				3,493
Senior notes USD 1,475 million (3)			2.20	%			2021				1,474				2,997
Senior notes USD 3,000 million			2.80	%			2023				2,995				2,993
Senior notes USD 1,556 million (1)			1.70	%			2019				—				1,700
Senior notes USD 2,000 million			4.10	%			2046				1,985				1,985
Senior notes USD 1,250 million			6.00	%			2024				1,250				1,250
Senior notes USD 1,250 million			6.75	%			2028				1,250				1,250
Senior notes USD 844 million			2.95	%			2022				856				860
Senior notes USD 789 million			6.15	%			2036				782				782
Senior notes USD 700 million			2.25	%			2020				700				700
Senior notes USD 613 million			3.65	%			2021				618				621
Senior notes USD 588 million			3.65	%			2021				587				587
Senior notes CHF 350 million			0.50	%			2022				361				356
Senior notes CHF 350 million			1.00	%			2025				362				356
Fair value hedge accounting adjustments											—				(9	)
Total senior notes											26,496				28,483
Other long-term debt			1.13	%			2026				1				12
Less current maturities											(1,831	)			(1,700	)
Derivative instruments											—				9
Less debt issuance costs											(103	)			(104	)
Total senior notes and loans										$	24,562			$	26,700

(1) During the first six months of 2019, Teva repurchased and canceled approximately $144 million principal amount of its $1,700 million 1.7% senior notes due in July 2019. In July 2019, Teva repaid at maturity $1,556 million of its 1.7% senior notes.

(2) In December 2019, Teva consummated an early redemption of 650 million Euro of its 1,660 million Euro 0.375% senior notes due in July 2020.

(3) In November 2019, Teva consummated a cash tender offer for its $3,000 million 2.2% senior notes due in July 2021. As a result of the offer, Teva redeemed $1,525 million aggregate principal amount of this senior note.

(4) In November 2019, Teva Pharmaceutical Finance Netherlands II B.V, a Teva finance subsidiary, issued senior notes in an aggregate principal amount of 1,000 million Euro bearing 6.0% annual interest and due January 2025.

Required Annual Principal Payments of Long-term Debt, Excluding Debt Issuance Cost

		December 31, 2019
		(U.S. $ in millions)
2021		$	2,679
2022			2,002
2023			4,446
2024			2,923
2025 and thereafter			13,131
		$	25,181

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- Definition

A schedule of data and information pertaining to long-debt instruments or arrangements, excluding convertible debt, that includes identification, terms, features, collateral requirements and other information necessary to a fair presentation.

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Tabular disclosure of the combined aggregate amount of maturities and sinking fund requirements for all long-term borrowings for each of the five years following the date of the latest balance sheet date presented.

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Tabular disclosure of short-term debt arrangements (having initial terms of repayment within one year or the normal operating cycle, if longer) including: (1) description of the short-term debt arrangement; (2) identification of the lender or type of lender; (3) repayment terms; (4) weighted average interest rate; (5) carrying amount of funds borrowed under the specified short-term debt arrangement as of the balance sheet date; (6) description of the refinancing of a short-term obligation when that obligation is excluded from current liabilities in the balance sheet; and (7) amount of a short-term obligation that has been excluded from current liabilities in the balance sheet because of a refinancing of the obligation.

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