Comparative balance sheets for 2021 and 2020, a statement of income for 2021, and additional information from the accounting records of Red, Inc., are provided below.

RED, INC. Comparative Balance Sheets December 31, 2021 and 2020 ($ in millions)
	2021				2020
Assets
Cash	$	39			$	95
Accounts receivable		228				147
Prepaid insurance		10				5
Inventory		240				201
Buildings and equipment		430				375
Less: Accumulated depreciation		(134	)			(255	)
	$	813			$	568
Liabilities
Accounts payable	$	102			$	130
Accrued liabilities		9				18
Notes payable		65				0
Bonds payable		169				0
Shareholders Equity
Common stock		415				415
Retained earnings		53				5
	$	813			$	568

RED, INC. Statement of Income For Year Ended December 31, 2021
($ in millions)
Revenues
Sales revenue				$	2,150
Expenses
Cost of goods sold	$	1,445
Depreciation expense		32
Operating expenses		560			2,037
Net income				$	113

Additional information from the accounting records:

1. During 2021, $235 million of equipment was purchased to replace $180 million of equipment (85% depreciated) sold at book value.
2. In order to maintain the usual policy of paying cash dividends of $65 million, it was necessary for Red to borrow $65 million from its bank.

Required: Prepare the statement of cash flows for Red, Inc., using the indirect method to report operating activities. (Amounts to be deducted should be indicated with a minus sign. Enter your answers in millions (i.e., 10,000,000 should be entered as 10).)