XML 60 R54.htm IDEA: XBRL DOCUMENT v3.25.3
Debt Obligations - Schedule of Senior Notes and Loans (Detail) - USD ($)
$ in Millions
 9 Months Ended
Sep. 30, 2025
Dec. 31, 2024
Debt Instrument [Line Items]    
Total senior notes $ 16,836 $ 17,821
Less current maturities 0 (1,758)
Less debt issuance costs [1] (70) (61)
Total senior notes and loans $ 16,766 16,002
Senior notes EUR 1,000 million [Member]    
Debt Instrument [Line Items]    
Weighted average interest rate [2] 6.00%  
Maturity [2] 2025  
Total senior notes [2] $ 0 429
Senior notes USD 1,000 million [Member]    
Debt Instrument [Line Items]    
Weighted average interest rate [3] 7.13%  
Maturity [3] 2025  
Total senior notes [3] $ 0 427
Senior notes EUR 900 million [Member]    
Debt Instrument [Line Items]    
Weighted average interest rate [4] 4.50%  
Maturity [4] 2025  
Total senior notes [4] $ 0 515
Senior notes CHF 350 million [Member]    
Debt Instrument [Line Items]    
Weighted average interest rate [5] 1.00%  
Maturity [5] 2025  
Total senior notes [5] $ 0 387
Senior notes USD 3,500 million [Member]    
Debt Instrument [Line Items]    
Weighted average interest rate [6] 3.15%  
Maturity [6] 2026  
Total senior notes [6] $ 1,798 3,374
Senior notes EUR 700 million [Member]    
Debt Instrument [Line Items]    
Weighted average interest rate 1.88%  
Maturity 2027  
Total senior notes $ 820 730
Sustainability-linked senior notes USD 1,000 million [Member]    
Debt Instrument [Line Items]    
Weighted average interest rate [6],[7],[8] 4.75%  
Maturity [6],[7],[8] 2027  
Total senior notes [6],[7],[8] $ 649 1,000
Sustainability-linked senior notes EUR 1,100 million [Member]    
Debt Instrument [Line Items]    
Weighted average interest rate [7],[8] 3.75%  
Maturity [7],[8] 2027  
Total senior notes [7],[8] $ 1,290 1,144
Senior notes USD 1,250 million [Member]    
Debt Instrument [Line Items]    
Weighted average interest rate 6.75%  
Maturity 2028  
Total senior notes $ 1,250 1,250
Senior notes EUR 750 million [Member]    
Debt Instrument [Line Items]    
Weighted average interest rate 1.63%  
Maturity 2028  
Total senior notes $ 877 778
Sustainability-linked senior notes USD 1,000 million [Member]    
Debt Instrument [Line Items]    
Weighted average interest rate [8],[9] 5.13%  
Maturity [8],[9] 2029  
Total senior notes [8],[9] $ 1,000 1,000
Sustainability-linked senior notes USD 600 million [Member]    
Debt Instrument [Line Items]    
Weighted average interest rate [6],[8],[10] 7.88%  
Maturity [6],[8],[10] 2029  
Total senior notes [6],[8],[10] $ 398 600
Sustainability-linked senior notes EUR 800 million [Member]    
Debt Instrument [Line Items]    
Weighted average interest rate [6],[8],[10] 7.38%  
Maturity [6],[8],[10] 2029  
Total senior notes [6],[8],[10] $ 778 835
Sustainability-linked senior notes EUR 1,500 million [Member]    
Debt Instrument [Line Items]    
Weighted average interest rate [8],[9] 4.38%  
Maturity [8],[9] 2030  
Total senior notes [8],[9] $ 1,760 1,562
Senior notes USD 700 million [Member]    
Debt Instrument [Line Items]    
Weighted average interest rate [11] 5.75%  
Maturity [11] 2030  
Total senior notes [11] $ 696  
Sustainability-linked senior notes USD 500 million [Member]    
Debt Instrument [Line Items]    
Weighted average interest rate [8],[10] 8.13%  
Maturity [8],[10] 2031  
Total senior notes [8],[10] $ 500 500
Sustainability-linked senior notes EUR 500 million [Member]    
Debt Instrument [Line Items]    
Weighted average interest rate [8],[10] 7.88%  
Maturity [8],[10] 2031  
Total senior notes [8],[10] $ 587 521
Senior notes EUR 1,000million [Member]    
Debt Instrument [Line Items]    
Weighted average interest rate [12] 4.13%  
Maturity [12],[13] 2031  
Total senior notes [12],[13] $ 1,165  
Senior notes USD 500million [Member]    
Debt Instrument [Line Items]    
Weighted average interest rate [13] 6.00%  
Maturity [13] 2032  
Total senior notes [13] $ 496  
Senior notes USD 789 million [Member]    
Debt Instrument [Line Items]    
Weighted average interest rate 6.15%  
Maturity 2036  
Total senior notes $ 784 783
Senior notes USD 2,000 million [Member]    
Debt Instrument [Line Items]    
Weighted average interest rate 4.10%  
Maturity 2046  
Total senior notes $ 1,988 $ 1,986
[1] Debt issuance costs as of September 30, 2025 include $20 million in connection with the issuance of the senior notes in May 2025, partially offset by $6 million acceleration of issuance costs related to the cash tender offer.
[2] In January 2025, Teva repaid $426 million of its 6.00% senior notes due 2025 at maturity.
[3] In January 2025, Teva repaid $427 million of its 7.13% senior notes due 2025 at maturity.
[4] In March 2025, Teva repaid $515 million of its 4.50% senior notes due 2025 at maturity.
[5] In July 2025, Teva repaid $444 million of its 1% senior notes due 2025 at maturity.
[6] In June 2025, Teva consummated a cash tender offer and extinguished $1,579 million aggregate principal amount of its 3.15% senior notes due 2026; $351 million aggregate principal amount of its 4.75% senior notes due 2027; $202 million aggregate principal amount of its 7.88% senior notes due in 2029; and $157 million aggregate principal amount of its 7.38% senior notes due in 2029. The extinguishment resulted in a loss of $10 million which was recorded under financial expenses, net.
[7] If Teva fails to achieve certain sustainability performance targets, a one-time premium payment of 0.15%-0.45% out of the principal amount will be paid at maturity or upon earlier redemption, if such redemption is on or after May 9, 2026.
[8] Interest rate adjustments and a potential one-time premium payment related to the sustainability-linked bonds are treated as bifurcated embedded derivatives. See note 8c.
[9] If Teva fails to achieve certain sustainability performance targets, the interest rate shall increase by 0.125%-0.375% per annum, from and including May 9, 2026.
[10] If Teva fails to achieve certain sustainability performance targets, the interest rate shall increase by 0.100%-0.300% per annum, from and including September 15, 2026.
[11] In May 2025, Teva issued senior notes in an aggregate principal amount of $700 million bearing 5.75% annual interest and due December 2030.
[12] In May 2025, Teva issued senior notes in an aggregate principal amount of €1,000 million bearing 4.125% annual interest and due June 2031.
[13] In May 2025, Teva issued senior notes in an aggregate principal amount of $500 million bearing 6.00% annual interest and due December 2032.