Question - The following data are derived from the 2009 financial statements of Southwest Airlines. All dollars are in millions. Southwest has a December 31 year-end.
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Cash balance, January 1, 2009
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$1,390
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Cash paid for repayment of debt
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122
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Cash received from issuance of common stock
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144
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Cash received from issuance of long-term debt
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500
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Cash received from customers
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9,823
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Cash paid for property and equipment
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1,529
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Cash paid for dividends
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14
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Cash paid for repurchase of common stock
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1,001
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Cash paid for goods and services
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6,978
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After analyzing the data, prepare a statement of cash flows for Southwest Airlines for the year ended December 31, 2009.