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This excerpt taken from the HBI 10-Q filed May 14, 2007. Net
Cash Provided by (Used in) Operating Activities
Net cash used in operating activities decreased to
$1 million in the first quarter ended March 31, 2007
from cash provided by operating activities of $102 million
in the first quarter ended April 1, 2006. The
$103 million decrease was primarily the result of lower
earnings in the business due to higher interest expense, a
$42 million pension contribution and changes in the use of
working capital.
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