Cash management across time

The following information was taken from the 2008 annual report of Hewlett-Packard, a leading technology manufacturer (dollars in millions):

2008

2007

2006

Cash provided (used) by operating activities

$14,591

$ ?

$11,353

Cash provided (used) by investing activities

(13,711)

(9,123)

?

Cash provided (used) by financing activities

?

(5,590)

(6,077)

Increase (decrease) in cash

(1,140)

?

2,489

Cash balance at beginning of year

?

16,400

13,911

Cash balance at end of year

$10,153

$11,293

$ ?

REQUIRED:

a. Compute the missing dollar amounts.

b. Comment on the company”s cash management policies across the three-year period.