At least its pile of cash and pristine balance sheet and bond credit rating has not been affected.
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The deal visibly improved its cash flow and balance sheet, lifting its credit rating and helping reduce borrowing costs.
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The cash took the form of either banknotes or a credit balance at the Federal Reserve bank that held the collateral.
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Even those who never carry a balance may end up paying more to use credit instead of cash.
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If you pay your credit card bill completely each month and do not carry a balance, then you might actually earn some additional cash by using your credit card for holiday shopping.
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For instance, in the U.S., non-financial corporate cash on balance sheet is at a 50-year high at nearly 6%, according to Credit Suisse.
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But a number of rewards credit card holders carry a balance, incurring high interest rates that more than cancel out any cash back.
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