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$XYL's net cash used in financing activities for 2015 rose to $262MM from $147MM last year. The increase was primarily driven by a rise in share repurchase activity, and an increase in dividends paid to shareholders as well as a decrease in cash received from short-term debt borrowings under the European Investment Bank facility.
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.