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EMC Corp (NYSE:EMC)
Cash from Financing
$-4,776 Mil (TTM As of Sep. 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 Sep. 2014, EMC Corp paid $153 Mil more to buy back shares than it received from issuing new shares. It spent $1,665 Mil paying down its debt. It paid $0 Mil more to buy back preferred shares than it received from issuing preferred shares. It spent $237 Mil paying cash dividends to shareholders. It received $1,712 Mil on other financial activities. In all, EMC Corp spent $343 Mil on financial activities for the three months ended in Sep. 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.

EMC Corp's Cash from Financing for the fiscal year that ended in Dec. 2013 is calculated as:

Cash from Financing(A: Dec. 2013 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=-3144+5414+0+-415+221
=2,076

EMC Corp's Cash from Financing for the quarter that ended in Sep. 2014 is

Cash from Financing(Q: Sep. 2014 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=-153+-1665+0+-237+1712
=-343

EMC Corp Cash Flow from Financing for the trailing twelve months (TTM) ended in Sep. 2014 was -1338 (Dec. 2013 ) + -2115 (Mar. 2014 ) + -980 (Jun. 2014 ) + -343 (Sep. 2014 ) = $-4,776 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.

EMC Corp's net issuance of stock for the three months ended in Sep. 2014 was $-153 Mil. EMC Corp paid $153 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.

EMC Corp's net issuance of debt for the three months ended in Sep. 2014 was $-1,665 Mil. EMC Corp spent $1,665 Mil paying down its 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.

EMC Corp's net issuance of preferred for the three months ended in Sep. 2014 was $0 Mil. EMC Corp 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.

EMC Corp's cash flow for dividends for the three months ended in Sep. 2014 was $-237 Mil. EMC Corp spent $237 Mil paying cash dividends to shareholders.

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

EMC Corp's other financing for the three months ended in Sep. 2014 was $1,712 Mil. EMC Corp received $1,712 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.

EMC Corp Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
Net Issuance of Stock -316-740-3,676585-1,0720-1,738-2,926-630-3,144
Net Issuance of Debt -8-43,3223440-428-0-24-1,7105,414
Net Issuance of Preferred 0000000000
Dividends 000000000-415
Other Financing 00-3992986401,4941,232191221
Cash from Financing -324-744-392679-534212-244-1,719-2,1492,076

EMC Corp Quarterly Data

Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14
Net Issuance of Stock -340-128-413-520-643-867-1,114-277-791-153
Net Issuance of Debt -1410-55,4484-32-1,6650-1,665
Net Issuance of Preferred 0000000000
Dividends 00000-209-206-202-205-237
Other Financing 25114933134391429161,712
Cash from Financing -329-116-364-4924,939-1,033-1,338-2,115-980-343
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