Best Buy 2005 Annual Report Download - page 108

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$ in millions, except per share amounts
Condensed Consolidating Statements of Cash Flows
For the Fiscal Year Ended March 1, 2003
Best Buy Guarantor Non-Guarantor
Co., Inc. Subsidiaries Subsidiaries Eliminations Consolidated
Total cash provided by (used in) operating
activities from continuing operations $ 256 $ 716 $ (194) $ — $ 778
Investing activities
Additions to property and equipment (23) (580) (122) — (725)
Purchases of available-for-sale securities (1,844) — — — (1,844)
Sales of available-for-sale securities 1,610 — — — 1,610
Other, net 69 (17) (3) — 49
Total cash used in investing activities from
continuing operations (188) (597) (125) — (910)
Financing activities
Issuance of common stock 40 — — — 40
Net proceeds from issuance of long-term debt — 18 — — 18
Other, net — — (15) — (15)
Long-term debt payments (11) — (2) — (13)
Change in intercompany receivable/payable (291) (129) 420 — —
Total cash (used in) provided by financing
activities from continuing operations (262) (111) 403 — 30
Net cash used in discontinued operations — — (79) — (79)
(Decrease) increase in cash and cash equivalents (194) 8 5 — (181)
Cash and cash equivalents at beginning of year 516 29 9 — 554
Cash and cash equivalents at end of year $ 322 $ 37 $ 14 $ — $ 373
92