Filed Pursuant to Rule 424(b)(2)
Registration No. 333-259121
PROSPECTUS SUPPLEMENT TO PROSPECTUS DATED AUGUST 27, 2021
$10,000,000,000
THE HOME DEPOT, INC.
Floating Rate Notes due December 24, 2025
5.100% Notes due December 24, 2025
5.150% Notes due June 25, 2026
4.875% Notes due June 25, 2027
4.750% Notes due June 25, 2029
4.850% Notes due June 25, 2031
4.950% Notes due June 25, 2034
5.300% Notes due June 25, 2054
5.400% Notes due June 25, 2064
This is an offering of $600,000,000 of floating rate notes due December 24, 2025 (the “floating rate notes”), $900,000,000 of 5.100% notes due December 24, 2025 (the “2025 notes”), $1,500,000,000 of 5.150% notes due June 25, 2026 (the “2026 notes”), $1,000,000,000 of 4.875% notes due June 25, 2027 (the “2027 notes”), $1,250,000,000 of 4.750% notes due June 25, 2029 (the “2029 notes”), $1,000,000,000 of 4.850% notes due June 25, 2031 (the “2031 notes”), $1,750,000,000 of 4.950% notes due June 25, 2034 (the “2034 notes”), $1,500,000,000 of 5.300% notes due June 25, 2054 (the “2054 notes”) and $500,000,000 of 5.400% notes due June 25, 2064 (the “2064 notes”). We refer to the 2025 notes, the 2026 notes, the 2027 notes, the 2029 notes, the 2031 notes, the 2034 notes, the 2054 notes and the 2064 notes together as the “fixed rate notes,” and we refer to the floating rate notes and the fixed rate notes together as the “notes.”
We will pay interest on the floating rate notes every March 24, June 24, September 24 and December 24, beginning September 24, 2024.
We will pay interest on the 2025 notes every June 24 and December 24, beginning December 24, 2024. We will pay interest on the 2026 notes, the 2027 notes, the 2029 notes, the 2031 notes, the 2034 notes, the 2054 notes and the 2064 notes every June 25 and December 25, beginning December 25, 2024.
On March 27, 2024, we entered into a definitive agreement and plan of merger (as such agreement may be amended or modified or any provision thereof waived, the “Merger Agreement”) to acquire SRS Distribution Inc. (“SRS”) for cash (the “SRS Acquisition”). This offering is not conditioned upon the completion of the SRS Acquisition, which we expect will be completed on or about June 18, 2024, subject to the satisfaction or waiver of customary closing conditions.
We intend to use the net proceeds from this offering to fund repayment of commercial paper, which commercial paper will be used, together with cash on hand, to finance the purchase price of the SRS Acquisition and to pay related fees and expenses. To the extent that all of the net proceeds from this offering are not used for such purposes, we intend to use such proceeds for general corporate purposes.
The floating rate notes are not redeemable prior to maturity. We may redeem any series of fixed rate notes at any time at the applicable redemption prices specified herein.
The notes will be our unsecured senior obligations and will rank equally with our existing and future unsecured and unsubordinated indebtedness.