Comparing Cash Flows Cash flow information is provided below for two companies in the food products industry. Cash outflows are shown in parentheses.
|
(In millions) |
2001 |
2000 |
1999 |
Total |
|
Earthgrains Co. |
||||
|
Operating activities |
$165 |
$107 |
$130 |
$402 |
|
Investing activities |
123 |
742 |
216 |
1,081 |
|
Financing activities |
39 |
608 |
93 |
662 |
|
Campbell Soup Co. |
||||
|
Operating activities |
$1,106 |
$1,165 |
$954 |
$3,225 |
|
Investing activities |
1,122 |
204 |
322 |
1,648 |
|
Financing activities |
15 |
943 |
636 |
1,564 |
Required Analyze the companies’ cash flows for 1999 through 2001 and for the three years in total. Explain how the two companies compare in terms of their cash flow trends.