ADT 2011 Annual Report Download - page 272

TYCO INTERNATIONAL LTD.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
26. 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 divested . . — — 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) 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
2011 Financials 169