Consider the following share repurchase proposal from FMCs CFO: the company will use $209 million of cash from its balance sheet and $50 million in new debt-bearing interest (on permanent basis) at the rate of 6.75% to repurchase 14 million shares at a price of $18.50 per share.

So if the company use cash from the balcance sheet, does itaffect the total assets?

if not, what would the 209 million counted as after repurchase? Liabilities?

Thaks