Home Depot has terminated its $1 billion three-year revolving credit facility and reduced commitments under its 364-day credit facility from $3.5 billion to $2 billion, effective December 18, 2024. The company determined the three-year facility was no longer necessary after its acquisition of SRS Distribution Inc. closed on June 18, 2024.Following these changes, Home Depot's commercial paper program now allows for borrowings up to $7 billion, supported by $7 billion of revolving credit facilities. The company reports no current borrowings under the remaining 364-day credit facility.These credit facilities were initially established on May 7, 2024, to support Home Depot's expanded commercial paper program in connection with financing the SRS Distribution acquisition. The adjustments reflect the company's evolving financial needs post-acquisition.

Home Depot has terminated its $1 billion three-year revolving credit facility and reduced commitments under its 364-day credit facility from $3.5 billion to $2 billion, effective December 18, 2024. The company determined the three-year facility was no longer necessary after its acquisition of SRS Distribution Inc. closed on June 18, 2024.Following these changes, Home Depot's commercial paper program now allows for borrowings up to $7 billion, supported by $7 billion of revolving credit facilities. The company reports no current borrowings under the remaining 364-day credit facility.These credit facilities were initially established on May 7, 2024, to support Home Depot's expanded commercial paper program in connection with financing the SRS Distribution acquisition. The adjustments reflect the company's evolving financial needs post-acquisition.