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At the end of the year ABC Company reported long-term debt of $3,965 million and the current portion of long-term debt of $297 million. At
At the end of the year ABC Company reported long-term debt of $3,965 million and the current portion of long-term debt of $297 million. At the end of the prior year they reported long-term debt of $3,818 million and the current portion of long-term debt of $277 million. How much cash (in $ millions) did the company receive from issuing new long-term debt or use to pay off existing debt? If they issued debt, enter your answer as a positive number; if they repaid debt, be certain to place a negative sign in front of your answer.
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