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Apple Inc (NAS:AAPL)
Cash from Financing
$-36,723 Mil (TTM As of Dec. 2014)

Cash from financing is the cash generated/spent from financial activities such as share issuance (buy back), debt issuance (repayment), and dividends paid to preferred and common stockholders.

For the three months ended in Dec. 2014, Apple Inc paid $4,950 Mil more to buy back shares than it received from issuing new shares. It received $1,076 Mil from issuing more debt. It paid $0 Mil more to buy back preferred shares than it received from issuing preferred shares. It spent $2,801 Mil paying cash dividends to shareholders. It spent $248 Mil on other financial activities. In all, Apple Inc spent $6,923 Mil on financial activities for the three months ended in Dec. 2014.


Definition

This is the cash generated/spent from financial activities such as share issuance (buy back), debt issuance (repayment), and dividends paid to preferred and common stockholders. In the calculation of free cash flow, cash from financing is not calculated because it is not related to operating activities.

Apple Inc's Cash from Financing for the fiscal year that ended in Sep. 2014 is calculated as:

Cash from Financing(A: Sep. 2014 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=-44270+18266+0+-11126+-419
=-37,549

Apple Inc's Cash from Financing for the quarter that ended in Dec. 2014 is

Cash from Financing(Q: Dec. 2014 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=-4950+1076+0+-2801+-248
=-6,923

Apple Inc Cash Flow from Financing for the trailing twelve months (TTM) ended in Dec. 2014 was -20407 (Mar. 2014 ) + 5987 (Jun. 2014 ) + -15380 (Sep. 2014 ) + -6923 (Dec. 2014 ) = $-36,723 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Explanation

Cash from financing contains five items:

1. Net Issuance of Stock:
A company may raise cash from issuing new shares. It can also use cash to buy back shares. If this number is positive, it means that the company has received more cash from issuing shares than it has paid to buy back shares. If this number is negative, it means that company has paid more cash to buy back shares than it has received for issuing shares.

Apple Inc's net issuance of stock for the three months ended in Dec. 2014 was $-4,950 Mil. Apple Inc paid $4,950 Mil more to buy back shares than it received from issuing new shares.

2. Net Issuance of Debt:
Net issuance of debt is the cash a company received or spent through debt related activities such as debt issuance or debt repayment. If a company pays down its debt during the period, this number will be negative. If a company issued more debt, it receives cash and this number is positive.

Apple Inc's net issuance of debt for the three months ended in Dec. 2014 was $1,076 Mil. Apple Inc received $1,076 Mil from issuing more debt.

3. Net Issuance of Preferred:
A company may raise cash from issuing new preferred shares. It can also use cash to buy back preferred shares. If this number is positive, it means that the company has received more cash from issuing preferred shares than it has paid to buy back preferred shares. If this number is negative, it means that company has paid more cash to buy back preferred shares than it has received for issuing preferred shares.

Apple Inc's net issuance of preferred for the three months ended in Dec. 2014 was $0 Mil. Apple Inc paid $0 Mil more to buy back preferred shares than it received from issuing preferred shares.

4. Dividends:
Cash flow for dividends refers to the payment of cash to shareholders as dividends when the company generates income.

Apple Inc's cash flow for dividends for the three months ended in Dec. 2014 was $-2,801 Mil. Apple Inc spent $2,801 Mil paying cash dividends to shareholders.

5. Other Financing:
Money spent or earned by company from other financial activities.

Apple Inc's other financing for the three months ended in Dec. 2014 was $-248 Mil. Apple Inc spent $248 Mil on other financial activities.


Related Terms

Cash Flow from Operations, Cash Flow from Investing, Net Issuance of Stock, Net Issuance of Debt, Dividends, Net Issuance of Preferred


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Apple Inc Annual Data

Sep05Sep06Sep07Sep08Sep09Sep10Sep11Sep12Sep13Sep14
Net Issuance of Stock 543-37362483475912831665-22,330-44,270
Net Issuance of Debt 0000000016,89618,266
Net Issuance of Preferred 0000000000
Dividends 0000000-2,488-10,564-11,126
Other Financing 0361377633188345613125-381-419
Cash from Financing 5433247391,1166631,2571,444-1,698-16,379-37,549

Apple Inc Quarterly Data

Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14
Net Issuance of Stock 232-1,874199-15,940-4,715-4,895-17,764-4,906-16,705-4,950
Net Issuance of Debt 00016,89600013,9704,2961,076
Net Issuance of Preferred 0000000000
Dividends -2,488-2,493-2,491-2,811-2,769-2,769-2,661-2,867-2,829-2,801
Other Financing 234-13044-271-24-8518-210-142-248
Cash from Financing -2,022-4,497-2,248-2,126-7,508-7,749-20,4075,987-15,380-6,923
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