| Cash flows from operating activities: |
| Net income |
748M |
| Less: Income (loss) from discontinued operations |
120M |
| Income from continuing operations |
628M |
| Non-cash items: |
| Depreciation and amortization |
331M |
| Provision for losses on finance receivables held for investment |
| Portfolio losses on finance receivables |
| Deferred income taxes |
30M |
| Other, net |
76M |
| Changes in assets and liabilities: |
| Accounts receivable, net |
-92M |
| Inventories |
-637M |
| Other assets |
56M |
| Accounts payable |
146M |
| Accrued and other liabilities |
| Captive finance receivables, net |
54M |
| Other operating activities, net |
2M |
| Net cash provided by (used in) operating activities of continuing operations |
145M |
| Net cash used in operating activities of discontinued operations |
-2M |
| Net cash provided by (used in) operating activities |
143M |
| Cash flows from investing activities: |
| Finance receivables originated or purchased |
| Finance receivables repaid |
40M |
| Proceeds on receivable sales |
| Capital expenditures |
-306M |
| Net cash used in acquisitions |
-179M |
| Proceeds from sale of repossessed assets and properties |
| Other investing activities, net |
53M |
| Net cash provided by (used in) investing activities |
| Cash flows from financing activities: |
| Payments on long-term lines of credit |
| Increase in short-term debt |
| Principal payments on long-term debt |
-433M |
| Proceeds from issuance of long-term debt |
520M |
| Proceeds from option exercises |
| Dividends paid |
-16M |
| Other financing activities, net |
20M |
| Net cash used in financing activities |
| Effect of exchange rate changes on cash and equivalents |
-3M |
| Net increase (decrease) in cash and equivalents |
-266M |
| Cash and equivalents at beginning of period |
1.01B |
| Cash and equivalents at end of period |
739M |
| Cash flows from operating activities: |
| Net income |
733M |
| Less: Income (loss) from discontinued operations |
120M |
| Income from continuing operations |
613M |
| Dividends received from TFC |
29M |
| Capital contribution paid to TFC under Support Agreement |
| Non-cash items: |
| Depreciation and amortization |
322M |
| Deferred income taxes |
35M |
| Other, net |
74M |
| Changes in assets and liabilities: |
| Accounts receivable, net |
-92M |
| Inventories |
-639M |
| Other assets |
85M |
| Accounts payable |
146M |
| Accrued and other liabilities |
| Other operating activities, net |
2M |
| Net cash provided by (used in) operating activities of continuing operations |
137M |
| Net cash used in operating activities of discontinued operations |
-2M |
| Net cash provided by (used in) operating activities |
135M |
| Cash flows from investing activities: |
| Capital expenditures |
-306M |
| Net cash used in acquisitions |
-179M |
| Other investing activities, net |
5M |
| Net cash provided by (used in) investing activities |
| Cash flows from financing activities: |
| Payments on long-term lines of credit |
| Increase in short-term debt |
| Intergroup financing |
| Principal payments on long-term debt |
-253M |
| Proceeds from issuance of long-term debt |
345M |
| Proceeds from option exercises |
| Dividends paid |
-16M |
| Other financing activities, net |
20M |
| Net cash used in financing activities |
| Effect of exchange rate changes on cash and equivalents |
-3M |
| Net increase (decrease) in cash and equivalents |
-357M |
| Cash and equivalents at beginning of period |
946M |
| Cash and equivalents at end of period |
589M |
| Cash flows from operating activities: |
| Net income |
15M |
| Income from continuing operations |
15M |
| Non-cash items: |
| Depreciation and amortization |
9M |
| Provision for losses on finance receivables held for investment |
| Portfolio losses on finance receivables |
| Deferred income taxes |
-5M |
| Other, net |
2M |
| Changes in assets and liabilities: |
| Other assets |
-3M |
| Accrued and other liabilities |
| Net cash provided by (used in) operating activities of continuing operations |
7M |
| Net cash provided by (used in) operating activities |
7M |
| Cash flows from investing activities: |
| Finance receivables originated or purchased |
| Finance receivables repaid |
220M |
| Proceeds on receivable sales |
| Proceeds from sale of repossessed assets and properties |
| Other investing activities, net |
24M |
| Net cash provided by (used in) investing activities |
| Cash flows from financing activities: |
| Payments on long-term lines of credit |
| Intergroup financing |
| Principal payments on long-term debt |
-180M |
| Proceeds from issuance of long-term debt |
175M |
| Capital contributions paid to TFC under Support Agreement |
| Other capital contributions paid to Finance group |
| Dividends paid |
-29M |
| Net cash used in financing activities |
| Effect of exchange rate changes on cash and equivalents |
| Net increase (decrease) in cash and equivalents |
91M |
| Cash and equivalents at beginning of period |
59M |
| Cash and equivalents at end of period |
150M |
