6 5 - RR DONNELLEY FINANCIAL - External Home Login
6 5 - RR DONNELLEY FINANCIAL - External Home Login
6 5 - RR DONNELLEY FINANCIAL - External Home Login
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CHESAPEAKE ENERGY CORPORATION AND SUBSIDIARIES<br />
NOTES TO CONSOLIDATED <strong>FINANCIAL</strong> STATEMENTS – (Continued)<br />
CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS<br />
FOR THE YEAR ENDED DECEMBER 31, 2008<br />
($ in millions)<br />
Guarantor<br />
Parent Subsidiaries Non-Guarantor<br />
Subsidiaries Eliminations Consolidated<br />
CASH FLOWS FROM<br />
OPERATING<br />
ACTIVITIES ............ $ 156 $ 5,719 $ 175 $ (693) $ 5,357<br />
CASH FLOWS FROM<br />
INVESTING ACTIVITIES:<br />
Additions to natural gas<br />
and oil properties ......<br />
Proceeds from divestitures<br />
of natural gas and oil<br />
— (14,697) — — (14,697)<br />
properties ............<br />
Additions to other property<br />
— 7,670 — — 7,670<br />
and equipment ........ — (1,759) (1,314) — (3,073)<br />
Other investing activities . .<br />
Cash used in investing<br />
— 135 — — 135<br />
activities ............ — (8,651) (1,314) — (9,965)<br />
CASH FLOWS FROM<br />
FINANCING ACTIVITIES:<br />
Proceeds from credit<br />
facilities borrowings .... — 12,831 460 — 13,291<br />
Payments on credit<br />
facilities borrowings .... — (11,307) — — (11,307)<br />
Proceeds from issuance of<br />
senior notes, net of<br />
offering costs .......... 2,136 — — — 2,136<br />
Proceeds from issuance of<br />
common stock, net of<br />
offering costs .......... 2,598 — — — 2,598<br />
Cash paid to redeem<br />
debt ................. (312) — — — (312)<br />
Other financing activities . . (202) 131 21 — (50)<br />
Intercompany advances,<br />
net .................. (4,376) 3,025 658 693 —<br />
Cash provided by (used<br />
in) financing<br />
activities ............ (156) 4,680 1,139 693 6,356<br />
Net increase (decrease) in<br />
cash and cash<br />
equivalents ............. — 1,748 — — 1,748<br />
Cash and cash equivalents,<br />
beginning of period ....... — 1 — — 1<br />
Cash and cash equivalents,<br />
end of period ............ $ — $ 1,749 $ — $ — $ 1,749<br />
132