Selected information (in US$ millions) for two close competitors, Potash Corporation of Saskatchewan Inc and Agrium Inc , follows for the year ended December 31, 2014 Potash Agrium Profit 1,536 720 Cash provided by operating activities 2,614 1,312 Cash used by investing activities (1,160 ) (2,068 ) Cash used by financing activities (1,867 ) 856 Cash and cash equivalents, end of period 215 848 Dividends paid (1,141 ) (848 ) Calculate the free cash flow for each company (Enter amounts in millions Show amounts that decrease cash flow with either a sign e g 15,000 or in parenthesis e g (15,000) ) Potash $ Agrium $ Which company appears to be in a stronger financial position

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Question: Selected information (in US$ millions) for two close competitors, Potash Corporation of Saskatchewan Inc. and Agrium Inc. , follows for the year ended December 31,

Selected information (in US$ millions) for two close competitors, Potash Corporation of Saskatchewan Inc. and Agrium Inc., follows for the year ended December 31, 2014:

	Potash		Agrium
Profit	1,536		720
Cash provided by operating activities	2,614		1,312
Cash used by investing activities	(1,160	)	(2,068	)
Cash used by financing activities	(1,867	)	856
Cash and cash equivalents, end of period	215		848
Dividends paid	(1,141	)	(848	)

Calculate the free cash flow for each company. (Enter amounts in millions. Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)

Potash		$
Agrium		$

Which company appears to be in a stronger financial position?

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