Best Buy 2007 Annual Report Download - page 108

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$ in millions, except per share amounts
93
PART II
Condensed Consolidating Statements of Cash Flows
Fiscal Year Ended February 25, 2006
Best Buy
Co.,Inc.
Guarantor
Subsidiary
Non-Guarantor
Subsidiaries Eliminations Consolidated
Total cash provided by (used in) operating
activities $ 364 $ (117) $1,493 $ — $ 1,740
Investing Activities
Additions to property and equipment (14) (494) (140) — (648)
Purchases of available-for-sale securities (4,256) — (63) — (4,319)
Sales of available-for-sale securities 4,183 — 4 — 4,187
Change in restricted assets — — (20) — (20)
Other, net 43 (18) 21 — 46
Total cash used in investing activities (44) (512) (198) — (754)
Financing Activities
Repurchase of common stock (772) — — — (772)
Issuance of common stock under employee
stock purchase plan and for the exercise of
stock options 292 — — — 292
Dividends paid (151) — — — (151)
Repayments of debt (8) (59) (2) — (69)
Proceeds from issuance of debt — 36 — — 36
Excess tax benefits from stock-based
compensation 55 — — — 55
Other, net — — (10) — (10)
Change in intercompany receivable/payable 215 669 (884) — —
Total cash (used in) provided by financing
activities (369) 646 (896) — (619)
Effect of Exchange Rate Changes on Cash —— 27 — 27
(Decrease) Increase in Cash and Cash
Equivalents (49) 17 426 — 394
Cash and Cash Equivalents at Beginning of Year 59 62 233 — 354
Cash and Cash Equivalents at End of Year $ 10 $ 79 $ 659 $ — $ 748