How much was spent on share buy backs to support the share price, which in turn supported the
Long Term Incentive Plan (LTIP) bonus (page 33) for the CEO?
I'm sure that could have been better used to bolster the balance sheet for the lease accounting changes. Here is a nice summary:
New leases standard requires virtually all leases to be capitalised on the balance sheet.
I'm sure the upcoming disclosures will make interesting reading & give a little more visibility into the internal accounting machinations.