XML 70 R7.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements of Cash Flows (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
OPERATING ACTIVITIES      
Net income $ 48 $ 76 $ 92
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization expense 144 143 192
Net (gain) loss on disposal of assets 1 (16) 2
Provision for (recovery of) losses (7) (23) 16
Net gain on investments and derivative instruments     (4)
Asset impairment expense and other charges 73 117 85
Share-based plans expense 1 1 2
Net (gain) loss on disposal of discontinued operations, net of tax 1 (5) 4
Decrease in deferred income taxes (128) (139) (83)
Other charges and credits, net (4)    
Change in assets and liabilities:      
Other assets (8) 15 19
Accrued interest and rents 7 7 1
Accounts payable and accrued expenses (22) (21) 5
Other liabilities (69) (53) (41)
Accounts with Boeing 4 8 (17)
Net cash provided by operating activities 41 110 273
INVESTING ACTIVITIES      
Purchase of investments (3)    
Purchase of short-term investments (300) (1,200) (1,300)
Proceeds from maturities of short-term investments 600 1,800 900
Proceeds from available-for-sale investments 1 2 25
Purchase of equipment for operating leases   (34)  
Payment for capitalizable costs in process (16) (8) (54)
Proceeds from disposition of equipment 35 70 126
Payments of leases, notes and other receivables 354 262 612
Origination of leases, notes and other receivables (340) (205)  
Net cash provided by investing activities 331 687 309
FINANCING ACTIVITIES      
Proceeds from issuance of debt   745  
Repayment of debt (including intercompany) (879) (798) (645)
Payment of dividends (including return of capital) (89) (228) (108)
Net cash used in financing activities (968) (281) (753)
Net increase (decrease) in cash and cash equivalents (596) 516 (171)
Cash and cash equivalents at beginning of year 941 425 596
Cash and cash equivalents at end of year 345 941 425
NON-CASH INVESTING AND FINANCING ACTIVITIES:      
Net transfer to (from) assets held for sale or re-lease (102) (19) 324
Net transfer to notes receivable   193 24
Net transfer to (from) equipment under operating leases 107 (161) (283)
Net transfer from finance leases 22 (40) 6
Transfer from other assets (27)   (71)
Release of allowance upon sale of receivables   11  
Transfer to accounts with Boeing   2  
Transfer to other liabilities   12  
Transfer to accounts payable and accrued expenses   2  
(Increase)/decrease in debt due to fair value hedge derivatives $ 3 $ (14) $ (26)