Time Warner Cable 2009 Annual Report Download - page 122

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Consolidating Statement of Cash Flows
Year Ended December 31, 2009
Parent
Company
Guarantor
Subsidiaries
Non-
Guarantor
Subsidiaries Eliminations
TWC
Consolidated
(in millions)
Cash provided by operating activities .................... $ 238 $ 625 $ 3,923 $ 393 $ 5,179
INVESTING ACTIVITIES
Investments and acquisitions, net of cash acquired and
distributions received .............................. 64 (4,527) (94) 4,469 (88)
Capital expenditures................................. (11) (1,016) (2,204) — (3,231)
Proceeds from asset sales ............................. — 6 6 — 12
Cash provided (used) by investing activities ............... 53 (5,537) (2,292) 4,469 (3,307)
FINANCING ACTIVITIES
Borrowings (repayments), net .......................... 642 (62) — 681 1,261
Borrowings ....................................... 12,037 — — — 12,037
Repayments ....................................... (8,677) — — — (8,677)
Debt issuance costs ................................. (34) — — — (34)
Net change in investments in and amounts due to and from
consolidated subsidiaries ........................... 2,246 (226) (1,631) (389) —
Payment of special cash dividend ....................... (10,856) — — — (10,856)
Other financing activities ............................. 4 (4) — (4) (4)
Cash used by financing activities ....................... (4,638) (292) (1,631) 288 (6,273)
Decrease in cash and equivalents ....................... (4,347) (5,204) — 5,150 (4,401)
Cash and equivalents at beginning of year ................ 5,395 5,204 — (5,150) 5,449
Cash and equivalents at end of year ..................... $ 1,048 $ — $ — $ — $ 1,048
110
TIME WARNER CABLE INC.
SUPPLEMENTARY INFORMATION
CONDENSED CONSOLIDATING FINANCIAL STATEMENTS—(Continued)