Expedia 2015 Annual Report Download - page 145

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CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS
Year Ended December 31, 2013
Parent
Guarantor
Subsidiaries
Non-Guarantor
Subsidiaries Consolidated
(In thousands)
Operating activities:
Net cash provided by operating activities from
continuing operations $ — $ 305,174 $ 458,026 $ 763,200
Investing activities:
Capital expenditures, including internal-use
software and website development — (243,428) (65,153) (308,581)
Purchases of investments — (932,011) (284,580) (1,216,591)
Sales and maturities of investments — 1,193,948 308,628 1,502,576
Acquisitions, net of cash acquired — — (541,247) (541,247)
Other, net — 40,850 (2,520) 38,330
Net cash provided by (used in) investing activities from
continuing operations — 59,359 (584,872) (525,513)
Financing activities:
Purchases of treasury stock (522,900) — — (522,900)
Proceeds from issuance of treasury stock 25,273 — — 25,273
Payment of dividends to stockholders (75,760) — — (75,760)
Proceeds from exercise of equity awards and
employee stock purchase plan 52,134 — 4,702 56,836
Transfers (to) from related parties 482,975 (754,948) 271,973 —
Other, net 38,278 7,565 (21,808) 24,035
Net cash provided by (used in) financing activities from
continuing operations — (747,383) 254,867 (492,516)
Net cash provided by (used in) continuing operations — (382,850) 128,021 (254,829)
Net cash provided by discontinued operations — 13,637 — 13,637
Effect of exchange rate changes on cash and cash
equivalents — (31,260) 324 (30,936)
Net increase (decrease) in cash and cash equivalents — (400,473) 128,345 (272,128)
Cash and cash equivalents at beginning of year — 1,007,156 286,005 1,293,161
Cash and cash equivalents at end of year $ — $ 606,683 $ 414,350 $ 1,021,033
F-60