CA » Topics » Financing Activities

This excerpt taken from the CA 10-K filed Jul 31, 2006.
Financing Activities
 
The primary use of cash for financing activities has been the repayment of debt and the repurchase of common stock, as discussed above.
 
As of March 31, 2006 and 2005, our debt arrangements consisted of the following:
 
                                 
    2006     2005  
    Maximum
    Outstanding
    Maximum
    Outstanding
 
    Available     Balance     Available     Balance  
    (in millions)  
 
Debt Arrangements
                               
2004 Revolving Credit Facility (expires December 2008)
  $ 1,000     $     $ 1,000     $  
6.375% Senior Notes due April 2005
                      825  
6.500% Senior Notes due April 2008
          350             350  
4.750% Senior Notes due December 2009
          500             500  
1.625% Convertible Senior Notes due December 2009
          460             460  
5.625% Senior Notes due December 2014
          500             500  
Other
          1             1  
                                 
Total
          $ 1,811             $ 2,636  
                                 
 
At March 31, 2006, we had $1.81 billion in debt and $1.87 billion in cash and marketable securities. Our net liquidity position was approximately $54 million.
 
Additionally, we reported restricted cash balances of $60 million and $67 million at March 31, 2006 and 2005, respectively, which were included in the “Other noncurrent assets” line item.
 
In April 2005, we repaid, as scheduled, the $825 million 6.375% Senior Notes issued during the fiscal year ended March 31, 1999 using our available cash balances (see Fiscal Year 1999 Senior Notes for details).
 
During fiscal year 2005, we issued $1 billion of senior notes and redeemed approximately $660 million in outstanding debt compared to a net debt reduction of approximately $826 million in fiscal year 2004.
 
This excerpt taken from the CA 8-K filed Jun 29, 2006.
Financing Activities
 
The primary use of cash for financing activities has been the repayment of debt and the repurchase of treasury stock, as discussed below.
 
As of March 31, 2006 and 2005, our debt arrangements consisted of the following:
 
                                 
    2006     2005  
    Maximum
    Outstanding
    Maximum
    Outstanding
 
    Available     Balance     Available     Balance  
    (in millions)  
 
Debt Arrangements
                               
2004 Revolving Credit Facility (expires December 2008)
  $ 1,000     $     $ 1,000     $  
6.375% Senior Notes due April 2005
                      825  
6.500% Senior Notes due April 2008
          350             350  
4.750% Senior Notes due December 2009
          500             500  
1.625% Convertible Senior Notes due December 2009
          460             460  
5.625% Senior Notes due December 2014
          500             500  
Other
          1             1  
                                 
Total
          $ 1,811             $ 2,636  
                                 
 
At March 31, 2006, we had $1.81 billion in debt and $1.87 billion in cash and marketable securities. Our net liquidity position was approximately $54 million.
 
Additionally, we reported restricted cash balances of $60 million and $67 million at March 31, 2006 and 2005, respectively, which were included in the “Other noncurrent assets” line item.
 
In April 2005, we repaid, as scheduled, the $825 million 6.375% Senior Notes issued during the fiscal year ended March 31, 1999 using our available cash balances (see Fiscal Year 1999 Senior Notes for details).
 
During fiscal year 2005, we issued $1 billion of senior notes and redeemed approximately $660 million in outstanding debt compared to a net debt reduction of approximately $826 million in fiscal year 2004.
 

EXCERPTS ON THIS PAGE:

10-K
Jul 31, 2006
8-K
Jun 29, 2006

RELATED TOPICS for CA:

Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki