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$CERN ended 3Q15 with $766MM of total cash & investments, down from $857MM in 2Q15 mainly due to the use of cash for repurchase programs. During 3Q15, $CERN finished the remaining $100MM repurchases authorized in 2014 & purchased $100MM of the $245MM authorized in Sep. 2015. In total, $CERN repurchased 3.2MM shares at an average price of $61.91.
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.