Storage Technology has also made great strides toward strengthening its balance sheet.
But earlier this week, Northwest considerably strengthened its balance sheet.
G.M. is planning to use the cash to reduce its debt and strengthen its balance sheet.
In addition, Delta has been trying to strengthen its balance sheet.
To strengthen its balance sheet, Isuzu decided last year to stop making sports utility vehicles in the United States.
Westinghouse has said it wants to raise $900 million in new equity to strengthen its balance sheet.
Last year, Handy & Harman initiated a restructuring to strengthen its balance sheet.
The move is intended to strengthen the company's balance sheet by reducing dividend payments, but it could increase the number of common shares.
In fact, some of the arrangements were renegotiated to strengthen Anchor's balance sheet.
"This is not only another growth opportunity in its own right but it also strengthens our balance sheet."