6 5 - RR DONNELLEY FINANCIAL - External Home Login

CHESAPEAKE ENERGY CORPORATION AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS – (Continued)
CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS
FOR THE YEAR ENDED DECEMBER 31, 2009
($ in millions)
Guarantor
Parent Subsidiaries Non-Guarantor
Subsidiaries Eliminations Consolidated
CASH FLOWS FROM
OPERATING
ACTIVITIES .......... $ — $ 4,512 $ (156) $ — $ 4,356
CASH FLOWS FROM
INVESTING
ACTIVITIES:
Additions to natural gas
and oil properties .... — (5,840) — — (5,840)
Proceeds from
divestitures of natural
gas and oil
properties .......... — 1,926 — — 1,926
Additions to other
property and
equipment .......... — (894) (789) — (1,683)
Other investing
activities ........... — 79 56 — 135
Cash used in investing
activities .......... — (4,729) (733) — (5,462)
CASH FLOWS FROM
FINANCING
ACTIVITIES:
Proceeds from credit
facilities borrowings . . — 6,933 828 — 7,761
Payments on credit
facilities borrowings . . — (8,514) (1,244) — (9,758)
Proceeds from issuance
of senior notes, net of
offering costs ....... 1,346 — — — 1,346
Proceeds from sales of
noncontrolling interest
in midstream joint
venture ............ — — 588 — 588
Other financing
activities ........... (276) 65 (62) — (273)
Intercompany advances,
net ................ (1,070) 277 793 — —
Cash provided by
financing
activities .......... — (1,239) 903 — (336)
Net increase (decrease) in
cash and cash
equivalents ........... — (1,456) 14 — (1,442)
Cash and cash
equivalents, beginning of
period ............... — 1,749 — — 1,749
Cash and cash
equivalents, end of
period ............... $ — $ 293 $ 14 $ — $ 307
131