Why 364-day credit lines renew one day earlier each year
Mondelez signed on 18 February. The year before, the 19th. Disney on the 27th, then the 28th. 364 days is exactly 52 weeks, and the filing calendar shows it.
12 primary sourcesTicker · 1 article
ADP
Every article on this page was built from the company's own filings. The documents they were read from are listed below, so you can check any figure yourself.
Last checked Aug 27, 2026All companies
Figures we worked out for ADP
Not a data feed. Each of these was calculated inside one of the articles above, from the filings listed at the bottom of this page. The arithmetic is shown so you can redo it — and it is re-run every time this site is built.
| Figure | Value | Arithmetic |
|---|---|---|
| Why 364-day credit lines renew one day earlier each year | ||
| ADP's 364-day facility, before and after | +25.3% | 5.7 / 4.55 - 1 |
| ADP's increase in committed 364-day capacity, $bn | $1.15bn | 5.7 - 4.55 |
2 figures from 1 article. Totals and industry averages that belong to no single company are not listed here.
Primary sources used
- Mondelez International, Inc. — Form 8-K exhibit, 364-Day Revolving Credit Agreement dated 18 February 2026US$1,500,000,000 facility; names the predecessor agreement dated 19 February 2025
- The Walt Disney Company — Form 8-K filed 3 March 2026$5.25bn 364-day agreement entered 27 February 2026, replacing the $5.25bn agreement of 28 February 2025, expiring 26 February 2027; states the lines support commercial paper
- NIKE, Inc. — Form 8-K exhibit, 364-Day Credit Agreement dated 6 March 2026Defines the predecessor as the 364-Day Credit Agreement dated 7 March 2025
- Emerson Electric Co. — Form 8-K exhibit, 364-Day Credit Agreement dated 10 February 2026$2,000,000,000 facility; predecessor dated 11 February 2025
- Enterprise Products Partners L.P. — Form 8-K filed 27 March 2026$1.5bn 364-day agreement entered 27 March 2026, replacing the agreement of 28 March 2025 which matured 27 March 2026
- Automatic Data Processing, Inc. — Form 8-K filed 26 June 2026$5.7bn 364-day facility replacing the prior $4.55bn facility entered 27 June 2025
- Zimmer Biomet Holdings, Inc. — Form 8-K filed 29 June 2026$1.25bn 364-day revolving agreement dated 26 June 2026
- Athene Holding Ltd. — Form 8-K filed 29 June 2026Wells Fargo 364-day agreement effective 26 June 2026, replacing the 364-Day Credit Agreement dated 27 June 2025
- Honeywell Aerospace Inc. — Form 10-12B information statement, filed 15 June 2026States plainly that the undrawn portion of the credit facilities serves as a backup facility for the commercial paper programme
- Parker-Hannifin Corporation — Form 8-K filed 13 August 2026$5.25bn actually drawn under the 364-Day Credit Facility to fund part of a merger purchase price
- Dover Corporation — Form 8-K filed 8 April 2026Records a 364-day agreement expiring upon maturity on 2 April 2026
- EDGAR full-text search — 8-K filings containing "364-Day Credit Agreement"How the population was built. Counts are search-result counts, not a census of facilities — the article says so
12documents, deduplicated. Links go to the original filing, not to a summary.