Tyson Foods 2008 Annual Report Download - page 49

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47 2008 Annual Report
Notes to Consolidated Financial Statements (continued)
Condensed Consolidating Statement of Cash Flows for the year ended September 29, 2007
Non-Guarantor
in millions TFI Parent TFM Parent Subsidiaries Eliminations Total
Cash Provided by (Used for) Operating Activities $ (22) $ 278 $ 447 $(25) $ 678
Cash Flows From Investing Activities:
Additions to property, plant and equipment (14) (40) (231) – (285)
Proceeds from sale of short-term investment 770 – – – 770
Proceeds from sale of marketable securities, net – – 16 – 16
Other, net 81 29 (32) – 78
Cash Provided by (Used for) Investing Activities 837 (11) (247) – 579
Cash Flows From Financing Activities:
Net change in debt (747) (4) (459) – (1,210)
Purchase of treasury shares (61) – – – (61)
Dividends (56) – (25) 25 (56)
Other, net 80 (7) 2 – 75
Net change in intercompany balances (30) (257) 287 – –
Cash Used for Financing Activities (814) (268) (195) 25 (1,252)
Effect of Exchange Rate Change on Cash – – 9 – 9
Increase (Decrease) in Cash and Cash Equivalents 1 (1) 14 – 14
Cash and Cash Equivalents at Beginning of Year 2 1 25 – 28
Cash and Cash Equivalents at End of Year $ 3 $ – $ 39 $ – $ 42
Condensed Consolidating Statement of Cash Flows for the year ended September 30, 2006
Non-Guarantor
in millions TFI Parent TFM Parent Subsidiaries Eliminations Total
Cash Provided by Operating Activities $ 18 $ 76 $ 338 $(60) $ 372
Cash Flows From Investing Activities:
Additions to property, plant and equipment (81) (153) (297) – (531)
Purchase of short-term investment (750) – – – (750)
Proceeds from sale of marketable securities, net – – 23 – 23
Other, net 29 (15) 20 – 34
Cash Used for Investing Activities (802) (168) (254) – (1,224)
Cash Flows From Financing Activities:
Net change in debt 1,087 (101) (2) – 984
Purchase of treasury shares (42) – – – (42)
Dividends (55) – (60) 60 (55)
Other, net (57) (2) 16 – (43)
Net change in intercompany balances (153) 195 (42) – –
Cash Provided by (Used for) Financing Activities 780 92 (88) 60 844
Effect of Exchange Rate Change on Cash – – (4) – (4)
Decrease in Cash and Cash Equivalents (4) – (8) – (12)
Cash and Cash Equivalents at Beginning of Year 6 1 33 – 40
Cash and Cash Equivalents at End of Year $ 2 $ 1 $ 25 $ – $ 28