Change in LTD plus change in notes payable or minus changes in notes payable
Depends if the ‘change’ is positive or negative. If you’re borrowed more, then Add it If you’ve paid back then take it off. Same treatment as LTD.
Notes Payable is part of borrowings so if it increased, add that. Keep it simple, Net Borrowings is total (debt) issuance less total (debt) repayment
Long term liabilities with no clarifcation is treated as debt, right?