The balance of that money flows to out-of-state suppliers, or back to the parent corporation.
Eventually, the parent corporation centralized operations to the point where Sullivan's job in Seattle was eliminated.
In this case, the parent S corporation continued its investment in the subsidiary corporation, but in a different form by holding the assets directly rather than through stock ownership.
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The management and standards committee of News Corporation, the parent company of News International, confirmed it had "terminated the contract of a member of staff in relation to his previous work".
News Corporation is the parent company of News International, which runs the Sun.
Its parent company, the Radio Corporation of America, figured people would buy radios if they had interesting things to listen to.
Boeing made significant sales projections last week amid speculation that AMR Corporation, the parent company of American Airlines, may be facing bankruptcy and restructuring.
Apart from anything else, News Corporation - the parent company of News International - continues to own 39% of BSkyB and Mr Murdoch will remain on BSkyB's board as a non-executive director.
Recently, Rupert Murdoch, the chairman of News International's parent company News Corporation, said it would begin charging for online news content.
For American, it was one more step in the right direction after its parent company, AMR Corporation, filed for bankruptcy protection in November 2011.
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The repeal meant only that a bank holding company, or parent corporation, could own both a commercial bank, and an investment bank.
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The second question is whether the closure of the News of the World will be seen by the media regulator, Ofcom, as making News Corporation, parent company of News International, a more or less fit-and-proper owner of British Sky Broadcasting, the UK's biggest television business (it is Ofcom's statutory duty to adjudicate on that important issue).
Mr Murdoch insisted - on being asked by another Labour MP Paul Farrelly - that the debacle at the News of the World does not undermine his competence as an executive at News Corporation, parent company of News International.
In the days of advance corporation tax, a British subsidiary paying dividends to a British parent could escape that tax, but not if the parent was foreign.
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