RE:Long-term debt reduced by $14mI was only analysing the cashflow in the quarter - much better to have cashflow that you can capex with than not have any cashflow at all. Year over year debt reduction all things considered is good.
Yasch22 wrote: Long-term debt -- money owed on senior unsecured notes and on the revolving credit facility -- fell from $1.134b to $1.12b in Q4. Very nice to see that.
As Pablo noted, this was countered by a rise in net debt from Q3 to Q4, but net debt is always (to use a technical expression) a shifty box of worms. Another way of looking at it is that net debt dropped by $70m from Q4/18 to Q4/19.