Company: AWK
Filing Date: 2025-07-30
Form Type: 10-Q
Source: 0001410636-25-000150
Chunk: 54

Company: American Water Works Company, Inc.
Filing Date: 2025-07-30
Form: 10-Q
Item: Part I, Item 1
Chunk 54
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 million as of June 30, 2025, and December 31, 2024, respectively. The weighted-average interest rate on AWCC’s outstanding short-term borrowings was approximately 4.59% and 4.65% at June 30, 2025, and December 31, 2024, respectively. At June 30, 2025, and December 31, 2024, AWCC had no outstanding borrowings under the revolving credit facility and there were no commercial paper borrowings outstanding with maturities greater than three months.Presented in the tables below are the aggregate credit facility commitments, commercial paper limit and letter of credit availability under the revolving credit facility, as well as the available capacity for each:As of June 30, 2025Commercial Paper LimitLetters of CreditTotal (a)Total availability$2,600 $150 $2,750 Outstanding debt(1,591)(84)(1,675)Remaining availability as of June 30, 2025$1,009 $66 $1,075 (a)Total remaining availability of $1.1 billion as of June 30, 2025, was accessible through revolver draws.As of December 31, 2024Commercial Paper LimitLetters of CreditTotal (a)Total availability$2,600 $150 $2,750 Outstanding debt(880)(82)(962)Remaining availability as of December 31, 2024$1,720 $68 $1,788 (a)Total remaining availability of $1.8 billion as of December 31, 2024, was accessible through revolver draws.Presented in the table below is the Company’s total available liquidity as of June 30, 2025, and December 31, 2024, respectively:Cash and Cash EquivalentsAvailability on Revolving Credit FacilityTotal Available LiquidityAvailable liquidity as of June 30, 2025$94 $1,075 $1,169 Available liquidity as of December 31, 2024$96 $1,788 $1,884 

Note 9: Income TaxesThe Company’s effective income tax rate was 23.1% and 23.3% for the three months ended June 30, 2025 and 2024, respectively, and 23.5% and 23.4% for the six months ended June 30, 202