DELPHI 2014 Annual Report Download - page 141

Download and view the complete annual report

Please find page 141 of the 2014 DELPHI 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 162

  • 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

119
Statement of Cash Flows for the Year Ended December 31, 2013
Parent
Guarantors Subsidiary
Issuer
Non-
Guarantor
Subsidiaries Eliminations Consolidated
(in millions)
Net cash (used in) provided by operating activities..................... $ (65) $ — $ 1,883 $ (68) $ 1,750
Cash flows from investing activities:
Capital expenditures............................................................. — — (682) — (682)
Proceeds from sale of property/investments ........................ ——33—33
Cost of business and technology acquisitions, net of cash
acquired................................................................................ — — (10) — (10)
Decrease in restricted cash................................................... — — 4 — 4
Loans to affiliates................................................................. — (1,174) (414) 1,588 —
Repayments of loans from affiliates .................................... — 402 548 (950) —
Return of investments in subsidiaries .................................. — 845 — (845) —
Net cash provided by (used in) investing activities ..... — 73 (521) (207) (655)
Cash flows from financing activities:
Net repayments under other short-term debt agreements .... — — (80) — (80)
Repayments under long-term debt agreements.................... — (1,353) — — (1,353)
Proceeds from issuance of senior secured term loans, net
of issuance costs............................................................... — 560 — — 560
Proceeds from issuance of senior notes, net of issuance
costs...................................................................................... — 788 — — 788
Dividend payments of consolidated affiliates to minority
shareholders...................................................................... — — (55) — (55)
Proceeds from borrowings from affiliates............................ 1,451 — 137 (1,588) —
Payments on borrowings from affiliates .............................. (713) — (237) 950 —
Capital distributions to affiliates.......................................... — — (845) 845 —
Dividends paid to affiliates .................................................. — (68) — 68 —
Repurchase of ordinary shares ............................................. (457) — — — (457)
Distribution of cash dividends ............................................. (211) — — — (211)
Taxes withheld and paid on employees' restricted share
awards .............................................................................. — — (14) — (14)
Net cash provided by (used in) financing activities..... 70 (73) (1,094) 275 (822)
Effect of exchange rate fluctuations on cash and cash
equivalents................................................................................ ——11—11
Increase in cash and cash equivalents.......................................... 5 — 279 — 284
Cash and cash equivalents at beginning of year........................... 2 — 1,103 — 1,105
Cash and cash equivalents at end of year..................................... $ 7 $ — $ 1,382 $ — $ 1,389