ADT 2009 Annual Report Download - page 262

TYCO INTERNATIONAL LTD.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
25. Tyco International Finance S.A. (Continued)
CONSOLIDATING STATEMENT OF CASH FLOWS
For the Year Ended September 25, 2009
($ in millions)
Tyco Tyco
International International Other Consolidating
Ltd. Finance S.A. Subsidiaries Adjustments Total
Cash Flows From Operating Activities:
Net cash (used in) provided by operating
activities ......................... $ (160) $(1,890) $ 4,479 $ — $ 2,429
Net cash used in discontinued operating
activities ......................... — — (8) — (8)
Cash Flows From Investing Activities:
Capital expenditures .................... — — (709) — (709)
Proceeds from disposal of assets ........... — — 13 — 13
Accounts purchased from ADT dealer program . . — — (543) — (543)
Acquisition of businesses, net of cash acquired . . — — (48) — (48)
Divestiture of businesses, net of cash retained . . — — 2 — 2
Decrease in investments ................. — — 17 — 17
Decrease in investment in subsidiaries ....... 1,654 1,352 — (3,006) —
Net decrease in intercompany loans ......... — 2,188 — (2,188) —
Other ............................... — — (1) — (1)
Net cash provided by (used in) investing
activities ......................... 1,654 3,540 (1,269) (5,194) (1,269)
Net cash provided by discontinued investing
activities ......................... — — 66 — 66
Cash Flows From Financing Activities:
Net borrowings (repayments) of debt ........ — 27 (19) — 8
Proceeds from exercise of share options ...... — — 1 — 1
Dividends paid ........................ (388) — — — (388)
Repurchase of common shares by subsidiary . . . — — (3) — (3)
Decrease in equity from parent ............ — (1,673) (1,333) 3,006 —
Net intercompany loan repayments .......... (1,123) — (1,065) 2,188 —
Transfer from discontinued operations ....... — — 58 — 58
Other ............................... 16 (5) (2) — 9
Net cash used in financing activities ....... (1,495) (1,651) (2,363) 5,194 (315)
Net cash used in discontinued financing
activities ......................... — — (58) — (58)
Effect of currency translation on cash ........ — — (10) — (10)
Net (decrease) increase in cash and cash
equivalents ......................... (1) (1) 837 — 835
Cash and cash equivalents at beginning of year . 1 1 1,517 — 1,519
Cash and cash equivalents at end of year ..... $ — $ — $2,354 $ — $ 2,354
170 2009 Financials