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$F's total automotive debt at Sept. 30, 2015 was $1Bil lower than it was last year. The reduction primarily reflects debt repayments. $F continues to work toward achieving its Automotive debt target of about $10Bil by 2018. $F plans to cut Automotive debt from current levels by using cash from operations to make scheduled debt repayments.
No better outlook on $MSFT. Even if the results beat a bit, the stock may move 4 to 6% higher, but won't go above $60.