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R. CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS
Year Ended December 31, 2013 Parent
Guarantors
on a
Combined
Basis
Other
Subsidiaries
on a
Combined
Basis
Consolidating
Adjustments
Total
Consolidated
Net cash provided by operating activities* $ (454) $ 2,810 $ 755 $ – $ 3,111
Cash flows from investing activities:
Capital expenditures (1) (381) (54) – (436)
Other, net 3 59 11 – 73
Net cash used by investing activities 2 (322) (43) – (363)
Cash flows from financing activities:
Purchases of common stock (740) – – – (740)
Dividends paid (591) – – – (591)
Proceeds from stock option exercises 583 – – – 583
Other, net 23 – – – 23
Net cash used by financing activities (725) – – – (725)
Net cash used by discontinued operations (18) – – – (18)
Cash sweep/funding by parent 3,074 (2,488) (586) – –
Net increase in cash and equivalents 1,879 – 126 – 2,005
Cash and equivalents at beginning of year 2,300 – 996 – 3,296
Cash and equivalents at end of year $ 4,179 $ – $ 1,122 $ – $ 5,301
* Continuing operations only.
66 General Dynamics Annual Report 2015