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$XEC's debt to total capitalization at March 31, 2016 was 36%, compared to 35% at Dec. 31, 2015. The reconciliation of debt to total capitalization, which is a non-GAAP measure, is long-term debt of $1.5Bil divided by the sum of long-term debt of $1.5Bil plus stockholders' equity of $2.61Bil.
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.