Windstream 2015 Annual Report Download - page 227

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NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
____
F-97
16. Supplemental Guarantor Information, Continued:
Condensed Consolidating Statement of Cash Flows
For the Year Ended December 31, 2014
(Millions)
Windstream
Services Guarantors
Non-
Guarantors Eliminations Consolidated
Cash Provided from Operations:
Net cash (used in) provided from operations $(129.2) $ 448.1 $ 1,149.8 $ — $ 1,468.7
Cash Flows from Investing Activities:
Additions to property, plant and equipment (1.8)(116.6)(668.1) — (786.5)
Broadband network expansion funded by
stimulus grants —(0.3)(13.0) — (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 - Phase 1 — 9.4 16.6 — 26.0
Network expansion funded by Connect America
Fund - Phase 1 —(1.3)(11.5) — (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 (108.8)(672.1) — (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 (341.6)(428.3)(26.0) —
Payments under capital lease obligations —(0.6)(26.2) — (26.8)
Other, net (9.2) 3.6 (3.6) — (9.2)
Net cash provided from (used in) financing
activities 103.7 (338.6)(459.1)(26.0)(720.0)
(Decrease) increase in cash and cash equivalents (13.7) 0.7 18.6 (26.0)(20.4)
Cash and Cash Equivalents:
Beginning of period 13.7 3.1 31.4 — 48.2
End of period $ — $ 3.8 $ 50.0 $ (26.0) $ 27.8