Advance Auto Parts 2015 Annual Report Download - page 45

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32
Investing Activities
For 2015, net cash used in investing activities decreased by $2,034.9 million to $253.4 million. The decrease in cash used
in investing activities was primarily driven by cash used in the acquisition of GPI during 2014.
For 2014, net cash used in investing activities increased by $1,926.1 million to $2,288.2 million. The increase in cash used
in investing activities was primarily driven by cash used in the acquisition of GPI.
Financing Activities
For 2015, net cash used in financing activities increased by $1,021.9 million to $446.0 million. This increase was primarily
a result of net payments on the revolving credit facility and term loan.
For 2014, net cash provided by financing activities increased by $244.7 million to $575.9 million. This increase was
primarily a result of net borrowings associated with the acquisition of GPI, partially offset by the issuance of unsecured notes in
the prior year, and a decrease in repurchases of common stock in 2014.