Ameriprise 2010 Annual Report Download - page 187

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Schedule I—Condensed Financial Information of Registrant
Condensed Statements of Cash Flows
(Parent Company Only)
Year Ended December 31,
2010 2009 2008
(in millions)
Cash Flows from Operating Activities
Net income (loss) $ 1,097 $ 722 $ (36)
Equity in earnings of subsidiaries (1,178) (864) (68)
Dividends received from subsidiaries 796 204 1,139
Other operating activities, primarily with subsidiaries 921 (90) 382
Net cash provided by (used in) operating activities 1,636 (28) 1,417
Cash Flows from Investing Activities
Available-for-Sale securities:
Proceeds from sales 31 29 —
Maturities, sinking fund payments and calls 151 86 161
Purchases (151) (139) (161)
Proceeds from sales of other investments — — 9
Purchase of other investments (32) — (103)
Purchase of land, buildings, equipment and software (32) (29) (24)
Contributions to subsidiaries (73) (233) (638)
Return of capital from subsidiaries 116 60 —
Acquisitions, net of cash received (866) — (316)
Repayment of loans to subsidiaries 1,282 1,400 2,076
Issuance of loans to subsidiaries (1,463) (1,599) (2,262)
Other, net 34 8 41
Net cash used in investing activities (1,003) (417) (1,217)
Cash Flows from Financing Activities
Repayments of debt $ (354) $ (550) $ (24)
Dividends paid to shareholders (183) (164) (143)
Repurchase of common shares (582) (11) (638)
Proceeds from issuance of common stock — 869 —
Issuances of debt, net of issuance costs 744 491 —
Exercise of stock options 113 6 9
Excess tax benefits from share-based compensation 9 12 29
Other, net (2) (4) (1)
Net cash provided by (used in) financing activities (255) 649 (768)
Net increase (decrease) in cash and cash equivalents 378 204 (568)
Cash and cash equivalents at beginning of year 938 734 1,302
Cash and cash equivalents at end of year $ 1,316 $ 938 $ 734
Supplemental Disclosures:
Interest paid on debt $ 140 $ 122 $ 120
Income taxes paid (received), net 2 4 (21)
Non-cash capital transactions to subsidiaries 14 331 211
See Notes to Condensed Financial Information of Registrant.
F-5