Best Buy 2007 Annual Report Download - page 107

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$ in millions, except per share amounts
92
Condensed Consolidating Statements of Cash Flows
Fiscal Year Ended March 3, 2007
Best Buy
Co.,Inc.
Guarantor
Subsidiary
Non-Guarantor
Subsidiaries Eliminations Consolidated
Total cash (used in) provided by operating
activities $ (213) $ 170 $ 1,805 $ — $ 1,762
Investing Activities
Additions to property and equipment — (512) (221) — (733)
Purchases of available-for-sale securities (4,386) — (155) — (4,541)
Sales of available-for-sale securities 4,570 — 316 — 4,886
Acquisitions of businesses, net of cash acquired — — (421) — (421)
Proceeds from disposition of investments 24 — — — 24
Other, net (5) 4 6 — 5
Total cash provided by (used in) investing
activities 203 (508) (475) — (780)
Financing Activities
Repurchase of common stock (599) — — — (599)
Issuance of common stock under employee
stock purchase plan and for the exercise of
stock options 217 — — — 217
Dividends paid (174) — — — (174)
Repayments of debt (2) — (82) — (84)
Proceeds from issuance of debt — 39 57 — 96
Excess tax benefits from stock-based
compensation 50 — — — 50
Other, net — — (19) — (19)
Change in intercompany receivable/payable 743 297 (1,040) — —
Total cash provided by (used in) financing
activities 235 336 (1,084) — (513)
Effect of Exchange Rate Changes on Cash — — (12) — (12)
Increase (Decrease) in Cash and Cash
Equivalents 225 (2) 234 — 457
Cash and Cash Equivalents at Beginning of Year 10 79 659 — 748
Cash and Cash Equivalents at End of Year $ 235 $ 77 $ 893 $ — $ 1,205