Total debt (which includes $24.7 billion from Global Financing debt) was $62.9 billion, down $3.4 million from the last reported quarter. Moreover, since the closing of the Red Hat acquisition, the company was successful at reducing debt by 10 billion. The company reported cash flow from operations of $3.5 billion and generated free cash flow of $6 billion in the quarter under review. Moreover, the company returned $1.4 billion to shareholders through dividends. Guidance For 2020, IBM expects non-GAAP earnings per share to be at least $13.35.