LMAO I wish it had only $6B
in debt. CVS had $63B
in debt as of Q2. It released updated guidance last month reflecting its decision to extinguish $6B
ahead of schedule in Q3, dropping its current debt to $57B
or less (I’m not sure how much it was already planning to pay). The ability to extinguish debt early is a great sign that it is maintaining healthy cash-flow during the pandemic.