As of the latest data point in Q1'27, Salesforce (CRM) reported Cash & Short-term Investments of 11.84B USD, representing a modest recovery from the previous quarter. During the same period, Debt significantly decreased to 2.6B USD, marking a substantial reduction in the company's leverage. From Q2'24 to Q1'27, the company's cash position exhibited cyclical volatility, peaking at 17.67B USD in Q1'25 before trending downward toward the end of FY2026. Debt levels remained relatively stable around 11B USD to 12B USD for most of the period, but experienced a sharp spike to 17.18B USD in Q4'26 followed by a dramatic 85% decline in Q1'27. This shift in the final quarter has significantly improved the net cash position, moving the company from a debt-heavy balance sheet to a high liquidity profile.