Kodak 2009 Annual Report Download - page 120

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118
The following reflects the condensed consolidating Statement of Cash Flows for the year ended December 31, 2008:
Guarantor Non-Guarantor Consolidating
(in millions) Parent Subsidiaries Subsidiaries Adjustments Consolidated
Cash flows from operating activities:
Net cash (used in) provided by continuing
operations $ (362) $ 11 $ 223 $ - $ (128)
Net cash provided by discontinued operations 296 - - - 296
Net cash (used in) provided by operating
activities (66) 11 223 - 168
Cash flows from investing activities:
Additions to properties (133) (23) (98) - (254)
Proceeds from sales of businesses/assets 87 - 5 - 92
Acquisitions, net of cash acquired (38) - - - (38)
Advances (to) from Kodak companies (29) - (14) 43 -
Marketable securities - sales - - 162 - 162
Marketable securities - purchases - - (150) - (150)
Intercompany dividends 602 - - (602) -
Net cash provided by (used in) investing
activities 489 (23) (95) (559) (188)
Cash flows from financing activities:
Proceeds from borrowings - - 140 - 140
Repayment of borrowings (257) - (189) - (446)
Stock repurchases (301) - - - (301)
Dividends to shareholders (139) - - - (139)
Advances from (to) Kodak companies 14 - 29 (43) -
Intercompany dividends - - (602) 602 -
Net cash used in financing activities (683) - (622) 559 (746)
Effect of exchange rate changes on cash - - (36) - (36)
Net decrease in cash and cash equivalents (260) (12) (530) - (802)
Cash and cash equivalents, beginning of period 1,108 22 1,817 - 2,947
Cash and cash equivalents, end of period $ 848 $ 10 $ 1,287 $ - $ 2,145