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CVS Caremark Reports Record Results in Fourth Quarter and Fiscal 2009
Date:2/8/2010

------ ------ Cash flows from financing activities: Increase (decrease) in short-term debt (2,729) 959 Repayment of debt assumed in acquisition (353) Additions to long-term debt 2,800 350 Reductions in long-term debt (653) (2) Dividends paid (439) (383) Derivative settlements (3) Proceeds from exercise of stock options 250 328 Excess tax benefits from stock-based compensation 19 53 Repurchase of common stock (2,477) (23) ------------------------------ ------ --- Net cash provided by (used in) financing activities (3,232) 929 ------------------------------- ------ --- Net increase (decrease) in cash and cash equivalents (266) 296 Cash and cash equivalents at beginning of period 1,352 1,056 -------------------------------------- ----- ----- Cash and cash equivalents at end of period $1,086 $1,352 ------------------------------------------ ------ ------ Reconciliation of net income to net cash provided by operating activities: Net income $3,696 $3,212 Adjustments required to reconcile net income to net cash provided by operating activities: Depreciation and amortization 1,389 1,274 Stock-based compensation 165
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SOURCE CVS Caremark Corporation
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