ADT 2010 Annual Report Download - page 248

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 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) $ 4,437 $ — $ 2,387
Net cash provided by discontinued
operating activities ................ — — 34 — 34
Cash Flows From Investing Activities:
Capital expenditures .................. — — (702) — (702)
Proceeds from disposal of assets .......... — — 12 — 12
Acquisition of businesses, net of cash acquired . — — (48) — (48)
Accounts purchased by ADT ............ — — (543) — (543)
Divestiture of businesses, net of cash retained . — — 2 — 2
Net decrease in intercompany loans ....... — 2,188 — (2,188) —
Decrease in investment in subsidiaries ...... 1,654 1,352 — (3,006) —
Decrease in investments ............... — — 17 — 17
Decrease in restricted cash ............. — — 1 — 1
Other ............................ — — (1) — (1)
Net cash provided by (used in) investing
activities ....................... 1,654 3,540 (1,262) (5,194) (1,262)
Net cash provided by discontinued investing
activities ....................... — — 59 — 59
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)
Net intercompany loan repayments ........ (1,123) — (1,065) 2,188 —
Decrease in equity from parent .......... — (1,673) (1,333) 3,006 —
Transfer from discontinued operations ...... — — 93 — 93
Other ............................ 16 (5) (2) — 9
Net cash used in financing activity ....... (1,495) (1,651) (2,328) 5,194 (280)
Net cash used in discontinued financing
activities ....................... — — (93) — (93)
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
period .......................... 1 1 1,517 — 1,519
Cash and cash equivalents at end of period . . $ — $ — $ 2,354 $ — $ 2,354
160 2010 Financials