Chesapeake Energy 2013 Annual Report Download - page 156

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CHESAPEAKE ENERGY CORPORATION AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS – (Continued)
148
CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS
YEAR ENDED DECEMBER 31, 2013
($ in millions)
Parent Guarantor
Subsidiaries
Non-
Guarantor
Subsidiaries Eliminations Consolidated
CASH FLOWS FROM OPERATING
ACTIVITIES ............................................... $ — $ 4,115 $ 542 $ (43) $ 4,614
CASH FLOWS FROM INVESTING
ACTIVITIES:
Acquisitions of proved and unproved
properties............................................. — (6,226) (410) — (6,636)
Proceeds from divestitures of proved
and unproved properties...................... — 3,414 53 — 3,467
Additions to other property and
equipment ............................................ — (581) (391) — (972)
Other investing activities ......................... — 117 765 292 1,174
Net Cash Used In Investing
Activities ...................................... — (3,276) 17 292 (2,967)
CASH FLOWS FROM FINANCING
ACTIVITIES:
Proceeds from credit facilities
borrowings ........................................... — 6,452 1,217 — 7,669
Payments on credit facilities borrowings.— (6,452) (1,230) — (7,682)
Proceeds from issuance of senior notes,
net of discount and offering costs ........ 2,274 — — — 2,274
Cash paid to purchase debt .................... (2,141) — — — (2,141)
Proceeds from sales of noncontrolling
interests ............................................... — — 6 — 6
Other financing activities......................... 1,819 (2,809) 17 (250) (1,223)
Intercompany advances, net................... (1,381) 1,970 (589) — —
Net Cash Provided By (Used In)
Financing Activities...................... 571 (839) (579) (250) (1,097)
Net increase (decrease) in cash and cash
equivalents ................................................. 571 — (20) (1) 550
Cash and cash equivalents, beginning of
period ......................................................... 228 — 59 — 287
Cash and cash equivalents, end of period .... $ 799 $ — $ 39 $ (1) $ 837