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$LEG's total debt, which includes long-term debt and current debt maturities, decreased $21MM in 2015. The company repaid $200MM of 5.0% notes that matured in Aug. 2015 and funded the payoff with a combination of cash and commercial paper. At Dec. 31, 2015, the company had cash and cash equivalents of $253MM.
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.