Considers the actions taken by corporations to reduce their risk profile, namely increasing their cash balance and liquidity ratios, discusses some companies with more leverage in the balance sheet, and reviews U.S. corporate, mortgage, and Treasury debt levels since 1980. Featured companies: Kimberly-Clark Corp. (KMB), Exelis Inc. (XLS), Simon Property Group Inc. (SPG), and Starwood Property Trust Inc. (STWD).

Download: Spin-Off Research Report Compendium February 2014