The comparative balance sheets for 2016 and 2015 and the income statement for 2016 are given below for Arduous Company. Additional information from Arduous’s accounting records is provided also.

ARDUOUS COMPANY Comparative Balance Sheets December 31, 2016, and 2015 ($ in millions)
	2016		2015
Assets
Cash	$	144	$	95
Accounts receivable		204		222
Investment revenue receivable		21		18
Inventory		222		214
Prepaid insurance		19		26
Long-term investment		199		139
Land		224		164
Buildings and equipment		426		428
Less: Accumulated depreciation		(110)		(148)
Patent		46		49
	$	1,395	$	1,207
Liabilities
Accounts payable	$	64	$	93
Salaries payable		21		32
Bond interest payable		23		18
Income tax payable		26		30
Deferred income tax liability		39		22
Notes payable		30		0
Lease liability		96		0
Bonds payable		229		303
Less: Discount on bonds		(36)		(42)
Shareholders’ Equity
Common stock		460		424
Paid-in capital—excess of par		114		99
Preferred stock		89		0
Retained earnings		263		228
Less: Treasury stock		(23)		0
	$	1,395	$	1,207

ARDUOUS COMPANY Income Statement For Year Ended December 31, 2016 ($ in millions)
Revenues and gain:
Sales revenue	$	550
Investment revenue		26
Gain on sale of treasury bills		3		$	579
Expenses and loss:
Cost of goods sold		194
Salaries expense		87
Depreciation expense		11
Patent amortization expense		3
Insurance expense		21
Bond interest expense		42
Loss on machine damage		31
Income tax expense		50			439
Net income				$	140

Additional information from the accounting records:
a.	Investment revenue includes Arduous Company’s $21 million shares of the net income of Demur Company, an equity method investee.
b.	Treasury bills were sold during 2016 at a gain of $3 million. Arduous Company classifies its investments in Treasury bills as cash equivalents.
c.	A machine originally costing $98 million that was one-half depreciated was rendered unusable by a flood. Most major components of the machine were unharmed and were sold for $18 million.
d.	Temporary differences between pretax accounting income and taxable income caused the deferred income tax liability to increase by $17 million.
e.	The preferred stock of Tory Corporation was purchased for $39 million as a long-term investment.
f.	Land costing $60 million was acquired by issuing $30 million cash and a 10%, four-year, $30 million note payable to the seller.
g.	The right to use a building was acquired with a 15-year lease agreement; the present value of lease payments, is $96 million.
h.	$74 million of bonds were retired at maturity.
i.	In February, Arduous issued a 6% stock dividend (4 million shares). The market price of the $6 par value common stock was $8.50 per share at that time.
j.	On April, 1 million shares of common stock were repurchased as treasury stock at a cost of $23 million.

Required:

Prepare the statement of cash flows for Arduous Company using the indirect method. (Amounts to be deducted should be indicated with a minus sign. Do not round your intermediate calculations. Enter your answers in millions (i.e., 10,000,000 should be entered as 10.).)