Ally Bank 2014 Annual Report Download - page 167

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Table of Contents
Notes to Consolidated Financial Statements
Ally Financial Inc. • Form 10-K
155
Condensed Consolidating Statement of Cash Flows
Year ended December 31, 2014 ($ in millions) Parent Guarantors Nonguarantors
Consolidating
adjustments
Ally
consolidated
Operating activities
Net cash provided by operating activities $ 330 $ 1,789 $ 5,533 $ (4,249) $ 3,403
Investing activities
Purchases of available-for-sale securities — — (5,417) — (5,417)
Proceeds from sales of available-for-sale securities — — 4,277 (17) 4,260
Proceeds from maturities and repayments of available-for-sale
securities — — 2,657 — 2,657
Net decrease (increase) in finance receivables and loans 1,900 — (6,941) 17 (5,024)
Proceeds from sales of finance receivables and loans — — 2,592 — 2,592
Net change in loans — intercompany 1,428 — 154 (1,582) —
Net decrease (increase) in operating lease assets 716 — (4,740) — (4,024)
Capital contributions to subsidiaries (1,179) — — 1,179 —
Returns of contributed capital 1,422 — — (1,422) —
Proceeds from sale of business units, net 46 — 1 — 47
Net change in restricted cash — — 1,625 — 1,625
Other, net (29) — 101 — 72
Net cash provided by (used in) investing activities 4,304 — (5,691) (1,825) (3,212)
Financing activities
Net change in short-term borrowings — third party 113 — (1,607) — (1,494)
Net (decrease) increase in deposits (121) — 4,994 — 4,873
Proceeds from issuance of long-term debt — third party 3,132 — 24,038 — 27,170
Repayments of long-term debt — third party (8,186) — (22,240) — (30,426)
Net change in debt — intercompany 52 — (1,428) 1,376 —
Dividends paid — third party (268) — — — (268)
Dividends paid and returns of contributed capital — intercompany — (1,826) (3,846) 5,672 —
Capital contributions from parent — — 1,179 (1,179) —
Net cash (used in) provided by financing activities (5,278) (1,826) 1,090 5,869 (145)
Effect of exchange-rate changes on cash and cash equivalents — — (1) — (1)
Net (decrease) increase in cash and cash equivalents (644) (37) 931 (205) 45
Cash and cash equivalents at beginning of year 2,930 37 2,974 (410) 5,531
Cash and cash equivalents at end of year $ 2,286 $ — $ 3,905 $ (615) $ 5,576