Alliance Data Systems Corporation (NYSE:ADS) Senior Vice President and Chief Financial Officer, Charles Horn, stated- If we have the opportunity to do a small tuck-in acquisition that's accretive, that's beneficial. So let's say that we do $1.5 billion of definitional free cash flow, we leave $500 million back at the banks. We'd do $500 million for M&A, and we'd do $500 million in buyback.