Free Cash Flow: You are considering an investment in Cruise, Inc. and want to evaluate the firm's free cash flow.
From the income statement, you see that Cruise earned an EBIT of $206 million, paid taxes of $47 million, and its depreciation expense was $71 million. Cruise's gross fixed assets increased by $74 million from 2007 to 2008.
The firm's current assets decreased by $14 million and spontaneous current liabilities increased by $6.4 million.
What is Cruise's operating cash flow, investment in operating capital and free cash flow for 2008, respectively in millions?