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The following information is available from Gray Co.'s accounting records for the year ended December 31, 2016 (amounts in millions): Cash dividends declared and paid

The following information is available from Gray Co.'s accounting records for the year ended December 31, 2016 (amounts in millions):

Cash dividends declared and paid $ 525
Retirement of bonds payable at maturity 300
Interest and taxes paid 220
Proceeds of common stock issued 825
Proceeds from the sale of land 250
Collections from customers 4,720
Cash paid to suppliers and employees ?
Purchase of buildings and equipment ?

Required:

a. The net cash provided by operating activities for Gray Co. for the year ended December 31, 2016, is $1,800 million. Calculate the cash paid to suppliers and employees. (Enter your answer in millions. (i.e., 5,000,000 should be entered as 5))

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