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$STJ's total debt rose to $6,392MM at Jan. 2, 2016 from $3,852MM at Jan. 3, 2015. During 2015, the company issued $1.5Bil of unsecured senior notes and utilized proceeds of $2.1Bil from the 5-year, $2.6Bil Term Loan Due 2020 to finance a portion of its Thoratec acquisition. Additionally, $STJ entered into a 365-day, $175MM Term Loan due 2016.
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.