Ally Bank 2011 Annual Report Download - page 222

Table of Contents
Notes to Consolidated Financial Statements
Ally Financial Inc. • Form 10−K
Year ended December 31, 2010 ($ in millions) Parent Guarantors Nonguarantors Consolidating adjustments Ally consolidated
Operating activities
Net cash provided by operating activities $ 4,552 $ 13 $ 7,230 $ (188) $ 11,607
Investing activities
Purchases of available−for−sale securities (1,485) — (22,631) — (24,116)
Proceeds from sales of available−for−sale securities 41 — 17,872 (41) 17,872
Proceeds from maturities of available−for−sale securities — — 4,527 — 4,527
Net decrease in investment securities — intercompany 323 — 260 (583) —
Net (increase) decrease in finance receivables and loans (5,177) 96 (12,263) — (17,344)
Proceeds from sales of finance receivables and loans 6 — 3,132 — 3,138
Net decrease (increase) in loans — intercompany 7,736 (283) (302) (7,151) —
Net (increase) decrease in operating lease assets (2,770) — 7,846 — 5,076
Capital contributions to subsidiaries (2,036) (1,737) — 3,773 —
Returns of contributed capital 880 — — (880) —
Proceeds from sale of business unit, net 59 — 102 — 161
Other, net 104 (1) 3,016 — 3,119
Net cash (used in) provided by investing activities (2,319) (1,925) 1,559 (4,882) (7,567)
Financing activities
Net change in short−term borrowings — third party 735 50 (4,414) — (3,629)
Net increase in bank deposits — — 6,556 — 6,556
Proceeds from issuance of long−term debt — third party 5,824 90 33,047 41 39,002
Repayments of long−term debt — third party (4,292) (256) (44,982) — (49,530)
Net change in debt — intercompany 243 300 (7,774) 7,231 —
Dividends paid — third party (1,253) — — — (1,253)
Dividends paid and returns of contributed capital — intercompany — — (1,068) 1,068 —
Capital contributions from parent — 1,725 2,048 (3,773) —
Other, net 418 — 451 — 869
Net cash provided by (used in) financing activities 1,675 1,909 (16,136) 4,567 (7,985)
Effect of exchange−rate changes on cash and cash equivalents — — 102 — 102
Net increase (decrease) in cash and cash equivalents 3,908 (3) (7,245) (503) (3,843)
Adjustment for change in cash and cash equivalents of operations
held−for−sale — — 725 — 725
Cash and cash equivalents at beginning of year 757 5 14,026 — 14,788
Cash and cash equivalents at end of year $ 4,665 $ 2 $ 7,506 $ (503) $ 11,670
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