Computer Associates 2005 Annual Report Download - page 108

Download and view the complete annual report

Please find page 108 of the 2005 Computer Associates annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 166

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166

Table of Contents
COMPUTER ASSOCIATES INTERNATIONAL, INC. AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF CASH FLOWS (CONTINUED)
Year Ended March 31,
2005 2004 2003
(restated) (restated) (restated)
(in millions)
FINANCING ACTIVITIES:
Dividends paid (47) (47) (46)
Purchases of treasury stock (161) (56) (106)
Debt borrowings 1,000
—
507
Debt repayments (4) (826) (1,237)
Debt issuance costs (12)
—
—
Exercise of call spread option (673)
—
—
Purchase of call spread option
—
—
(73)
Exercise of common stock options and other 99 78 47
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES 202 (851) (908)
INCREASE IN CASH AND CASH EQUIVALENTS BEFORE EFFECT OF
EXCHANGE RATE CHANGES ON CASH 989 333 282
Effect of exchange rate changes on cash 47 55 51
INCREASE IN CASH AND CASH EQUIVALENTS 1,036 388 333
CASH AND CASH EQUIVALENTS — BEGINNING OF YEAR 1,793 1,405 1,072
CASH AND CASH EQUIVALENTS — END OF YEAR $2,829 $ 1,793 $1,405
See Accompanying Notes to the Consolidated Financial Statements.
65