Apple Inc. Annual Interest Expense in USD from 2011 to 2023

Taxonomy & unit
us-gaap: USD
Description
Amount of the cost of borrowed funds accounted for as interest expense.
Summary
Apple Inc. quarterly/annual Interest Expense history and growth rate from 2011 to 2023.
  • Apple Inc. Interest Expense for the quarter ending September 30, 2023 was $1B, a 21.2% increase year-over-year.
  • Apple Inc. Interest Expense for the twelve months ending September 30, 2023 was $3.93B, a 34.2% increase year-over-year.
  • Apple Inc. annual Interest Expense for 2023 was $3.93B, a 34.2% increase from 2022.
  • Apple Inc. annual Interest Expense for 2022 was $2.93B, a 10.8% increase from 2021.
  • Apple Inc. annual Interest Expense for 2021 was $2.65B, a 7.94% decline from 2020.
Interest Expense, Trailing 12 Months (USD)
Interest Expense, Annual (USD)
Interest Expense, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $3.93B +$1B +34.2% Sep 25, 2022 Sep 30, 2023 10-K 2023-11-03
2022 $2.93B +$286M +10.8% Sep 26, 2021 Sep 24, 2022 10-K 2023-11-03
2021 $2.65B -$228M -7.94% Sep 27, 2020 Sep 25, 2021 10-K 2023-11-03
2020 $2.87B -$703M -19.7% Sep 29, 2019 Sep 26, 2020 10-K 2022-10-28
2019 $3.58B +$336M +10.4% Sep 30, 2018 Sep 28, 2019 10-K 2021-10-29
2018 $3.24B +$917M +39.5% Oct 1, 2017 Sep 29, 2018 10-K 2020-10-30
2017 $2.32B +$867M +59.5% Sep 25, 2016 Sep 30, 2017 10-K 2019-10-31
2016 $1.46B +$723M +98.6% Sep 27, 2015 Sep 24, 2016 10-K 2018-11-05
2015 $733M +$349M +90.9% Sep 28, 2014 Sep 26, 2015 10-K 2017-11-03
2014 $384M +$248M +182% Sep 29, 2013 Sep 27, 2014 10-K 2016-10-26
2013 $136M +$136M Sep 30, 2012 Sep 28, 2013 10-K 2015-10-28
2012 $0 $0 Sep 25, 2011 Sep 29, 2012 8-K 2015-01-28
2011 $0 Sep 26, 2010 Sep 24, 2011 10-K 2013-10-30
* An asterisk sign (*) next to the value indicates that the value is likely invalid.