United Healthcare 2008 Annual Report Download - page 120

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Schedule I
Condensed Financial Information of Registrant
(Parent Company Only)
UnitedHealth Group
Condensed Statements of Cash Flows
For the Year Ended December 31,
(in millions) 2008 2007 2006
OPERATING ACTIVITIES
Cash Flows From Operating Activities ........................ $3,962 4,178 3,649
INVESTING ACTIVITIES
Capital Contributions to Subsidiaries .............................. (7) (1,272) (42)
Cash Paid for Acquisitions ...................................... (4,419) (270) (712)
Cash Received from Dispositions ................................ 185 — —
Cash Flows Used For Investing Activities ...................... (4,241) (1,542) (754)
FINANCING ACTIVITIES
(Repayments of) Proceeds from Commercial Paper, net ............... (1,346) 947 (2,332)
Proceeds from Issuance of Long-Term Debt ........................ 2,981 3,582 3,000
Payments for Retirement of Long-Term Debt ....................... (500) (950) —
Repayments of Convertible Subordinated Debentures ................ — (10) (91)
Repayment of Note to Subsidiary ................................ — (60) —
Proceeds from Issuance of Note to Subsidiary ...................... 100 — —
Common Stock Repurchases .................................... (2,684) (6,599) (2,345)
Proceeds from Common Stock Issuances .......................... 299 712 397
Share-Based Compensation Excess Tax Benefits .................... 62 303 241
Dividends Paid ............................................... (37) (40) (41)
Other ....................................................... (143) (20) (39)
Cash Flows Used For Financing Activities ..................... (1,268) (2,135) (1,210)
(DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS ...... (1,547) 501 1,685
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD ........ 2,427 1,926 241
CASH AND CASH EQUIVALENTS, END OF PERIOD ............... $ 880 $2,427 $ 1,926
Supplemental Cash Flow Disclosures
Cash Paid for Interest .......................................... $ 547 $ 469 $ 345
Cash Paid for Income Taxes ..................................... $1,882 $ 2,277 $ 1,729
See Notes to the Condensed Financial Statements of Registrant.
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