ADT 2010 Annual Report Download - page 247

TYCO INTERNATIONAL LTD.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
24. Tyco International Finance S.A. (Continued)
CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS
For the Year Ended September 24, 2010
($ 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 ....................... $ (325) $(172) $ 3,127 $ — $ 2,630
Net cash provided by discontinued
operating activities ................ — — 27 — 27
Cash Flows From Investing Activities:
Capital expenditures .................. — — (718) — (718)
Proceeds from disposal of assets .......... — — 29 — 29
Acquisition of businesses, net of cash acquired . — — (600) — (600)
Accounts purchased by ADT ............ — — (559) — (559)
Divestiture of businesses, net of cash retained . — — 21 — 21
Intercompany dividend from subsidiary ..... 20 — — (20) —
Net increase in intercompany loans ........ — (121) — 121 —
Decrease (increase) in investment in
subsidiaries ....................... 1,363 457 (1,950) 130 —
Decrease in investments ............... — — 59 — 59
Decrease in restricted cash ............. — — 7 — 7
Other ............................ — — (14) — (14)
Net cash provided by (used in) in investing
activities ....................... 1,383 336 (3,725) 231 (1,775)
Net cash used in discontinued investing
activities ....................... — — (12) — (12)
Cash Flows From Financing Activities:
Net repayments of debt ................ — (158) (46) — (204)
Proceeds from exercise of share options ..... — — 49 — 49
Dividends paid ...................... (416) — — — (416)
Intercompany dividend to parent ......... — — (20) 20 —
Repurchase of common shares by treasury . . . (575) — (325) — (900)
Net intercompany loan (repayments)
borrowings ....................... (88) — 209 (121) —
Increase in equity from parent ........... — — 130 (130) —
Transfer from discontinued operations ...... — — 15 — 15
Other ............................ 21 (6) — — 15
Net cash (used in) provided by financing
activities ....................... (1,058) (164) 12 (231) (1,441)
Net cash used in discontinued financing
activities ....................... — — (15) — (15)
Effect of currency translation on cash ...... — — 7 — 7
Net decrease in cash and cash equivalents . . . — — (579) — (579)
Cash and cash equivalents at beginning of
period .......................... — — 2,354 — 2,354
Cash and cash equivalents at end of period . . $ — $ — $ 1,775 $ — $ 1,775
2010 Financials 159