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Clorox Co (NYSE:CLX)
Cash from Financing
$-696 Mil (TTM As of Jun. 2015)

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 Jun. 2015, Clorox Co paid $275 Mil more to buy back shares than it received from issuing new shares. It received $24 Mil from issuing more debt. It paid $0 Mil more to buy back preferred shares than it received from issuing preferred shares. It spent $97 Mil paying cash dividends to shareholders. It received $0 Mil on other financial activities. In all, Clorox Co spent $348 Mil on financial activities for the three months ended in Jun. 2015.


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.

Clorox Co's Cash from Financing for the fiscal year that ended in Jun. 2015 is calculated as:

Cash from Financing(A: Jun. 2015 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=-183+-128+0+-385+0
=-696

Clorox Co's Cash from Financing for the quarter that ended in Jun. 2015 is

Clorox Co Cash Flow from Financing for the trailing twelve months (TTM) ended in Jun. 2015 was -184 (Sep. 2014 ) + 465 (Dec. 2014 ) + -629 (Mar. 2015 ) + -348 (Jun. 2015 ) = $-696 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.

Clorox Co's net issuance of stock for the three months ended in Jun. 2015 was $-275 Mil. Clorox Co paid $275 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.

Clorox Co's net issuance of debt for the three months ended in Jun. 2015 was $24 Mil. Clorox Co received $24 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.

Clorox Co's net issuance of preferred for the three months ended in Jun. 2015 was $0 Mil. Clorox Co 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.

Clorox Co's cash flow for dividends for the three months ended in Jun. 2015 was $-97 Mil. Clorox Co spent $97 Mil paying cash dividends to shareholders.

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

Clorox Co's other financing for the three months ended in Jun. 2015 was $0 Mil. Clorox Co received $0 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.

Clorox Co Annual Data

Jun06Jun07Jun08Jun09Jun10Jun11Jun12Jun13Jun14Jun15
Net Issuance of Stock -56-36-8290-150-562-1395-260-183
Net Issuance of Debt -233-2371,437-323-354-213133-355-60-128
Net Issuance of Preferred 0000000000
Dividends -173-183-228-258-282-303-315-335-368-385
Other Financing 0004180000960
Cash from Financing -462-456380-540-706-1,078-321-685-592-696

Clorox Co Quarterly Data

Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15
Net Issuance of Stock 00-13071-12217-8125-25-275
Net Issuance of Debt -113-190845651-251-90445-50724
Net Issuance of Preferred 0000000000
Dividends -83-85-93-91-93-91-95-96-97-97
Other Financing 48-10711-11009-900
Cash from Financing -148-382-12825-164-325-184465-629-348
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