Windstream 2014 Annual Report Download - page 207

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NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
____
F-91
13. Supplemental Guarantor Information, Continued:
Condensed Consolidating Statement of Cash Flows
For the Year Ended December 31, 2014
(Millions) Windstream
Corp.
PAETEC
Issuer Guarantors
Non-
Guarantors Eliminations Consolidated
Cash Provided from Operations:
Net cash (used in) provided from
operations $ (129.2) $ (27.7) $ 211.6 $ 1,414.8 $ (0.8) $ 1,468.7
Cash Flows from Investing Activities:
Additions to property, plant and equipment (1.8) — (177.3)(607.4)—
(786.5)
Broadband network expansion funded by
stimulus grants —— —
(13.3)—
(13.3)
Changes in restricted cash 3.0 — — — — 3.0
Grant funds received for broadband
stimulus projects 33.2 — — — — 33.2
Grant funds received from Connect America
Fund — — — 26.0 — 26.0
Network expansion funded by Connect
America Fund —— —
(12.8)—
(12.8)
Acquisition of a business (22.6)————
(22.6)
Other, net — — — 3.9 — 3.9
Net cash provided from (used in)
investing activities 11.8 — (177.3)(603.6)—
(769.1)
Cash Flows from Financing Activities:
Distributions to Windstream Holdings, Inc. (603.6) — — — — (603.6)
Repayments of debt and swaps (1,394.4) — — (1.0)—
(1,395.4)
Proceeds of debt issuance 1,315.0 — — — — 1,315.0
Intercompany transactions, net 795.9 27.7 (30.5)(767.9)(25.2)—
Payments under capital lease obligations — — (7.0)(19.8)—
(26.8)
Other, net (9.2) — — — — (9.2)
Net cash provided from (used in)
financing activities 103.7 27.7 (37.5)(788.7)(25.2)(720.0)
(Decrease) increase in cash and cash
equivalents (13.7) — (3.2) 22.5 (26.0)(20.4)
Cash and Cash Equivalents:
Beginning of period 13.7 — 7.8 26.7 — 48.2
End of period $ — $ — $ 4.6 $ 49.2 $ (26.0) $ 27.8