| (Dollars in millions) | Single-Employer Program | Multiemployer Program | Memorandum Total | |||
|---|---|---|---|---|---|---|
| For the year ended September 30, | 2001 | 2000 | 2001 | 2000 | 2001 | 2000 |
| OPERATING ACTIVITIES: | ||||||
| Premium receipts | $794 | $902 | $25 | $24 | $819 | $926 |
| Interest and dividends received, net | 861 | 775 | 46 | 49 | 907 | 824 |
| Cash received from plans upon trusteeship | 592 | 32 | 0 | 0 | 592 | 32 |
| Receipts from sponsors | 22 | 28 | 0 | 0 | 22 | 28 |
| Other receipts | 16 | 10 | 0 | 0 | 16 | 10 |
| Benefit payments - trusteed plans | -1,027 | -895 | -1 | -1 | -1,028 | -896 |
| Financial assistance payments | -4 | -91 | -4 | -91 | ||
| Settlements and judgments | -156 | -162 | 0 | 0 | -156 | -162 |
| Pretermination payments | -11 | -25 | 0 | 0 | -11 | -25 |
| Payments for administrative and other expenses | -180 | -175 | 0 | 0 | -180 | -175 |
| Net cash provided (used) by operating activities (Note 13) | 911 | 490 | 66 | -19 | 977 | 471 |
| INVESTING ACTIVITIES: | ||||||
| Proceeds from sales of investments | 13,623 | 12,824 | 384 | 401 | 14,007 | 13,225 |
| Payments for purchases of investments | -14,214 | -13,353 | -441 | -383 | -14,655 | -13,736 |
| Net cash provided (used) by investing activities | -591 | -529 | -57 | 18 | -648 | -511 |
| Net increase (decrease) in cash and cash equivalents | 320 | -39 | 9 | -1 | 329 | -40 |
| Cash and cash equivalents, beginning of year | 456 | 495 | 8 | 9 | 464 | 504 |
| Cash and cash equivalents, end of year | $776 | $456 | $17 | 8 | 793 | 464 |
The accompanying notes are an integral part of these financial statements.
Back to Annual Report Index | Back to WWW.PBGC.GOV | PDF version of PBGC's 2001 Annual Report