In Q4'26, GEN's cash and short-term investments stood at $411M, reflecting a notable decline from the prior quarter's $619M, while total debt decreased to $8.2B from $8.4B, resulting in a net debt position of approximately $7.8B. This latest data point indicates a quarter of reduced liquidity amid ongoing debt reduction efforts. Over the period from Q1'24 to Q4'26, cash and short-term investments exhibited volatility, starting at $623M, peaking at $1.01B in Q4'25, and then trending downward with significant drops in Q3'24 ($490M) and post-Q4'25, suggesting fluctuating operational cash flows or investment activities. In contrast, debt showed a consistent overall decline from $9.61B to $8.2B, with minor upticks in Q1'26 ($8.86B) but steady reductions thereafter, highlighting effective deleveraging despite cash fluctuations and maintaining a high debt-to-cash ratio throughout the timeframe.