Best Buy 2008 Annual Report Download - page 108

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$ in millions, except per share amounts or as otherwise noted
Condensed Consolidating Statements of Cash Flows
Fiscal Year Ended February 25, 2006
Best Buy Guarantor Non-Guarantor
Co., Inc. Subsidiary 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 investments (4,256) — (305) — (4,561)
Sales of investments 4,183 — 179 — 4,362
Change in restricted assets — — 47 — 47
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
100