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Corning Inc (NYSE:GLW)
Cash from Financing
$-2,611 Mil (TTM As of Mar. 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 Mar. 2014, Corning Inc paid $1,901 Mil more to buy back shares than it received from issuing new shares. It received $410 Mil from issuing more debt. It received $400 Mil more from issuing preferred shares than it paid to buy back preferred shares. It spent $136 Mil paying cash dividends to shareholders. It received $50 Mil on other financial activities. In all, Corning Inc spent $1,177 Mil on financial activities for the three months ended in Mar. 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.

Corning Inc'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
=-1516+-321+0+-613+387
=-2,063

Corning Inc's Cash from Financing for the quarter that ended in Mar. 2014 is

Cash from Financing(Q: Mar. 2014 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=-1901+410+400+-136+50
=-1,177

Corning Inc Cash Flow from Financing for the trailing twelve months (TTM) ended in Mar. 2014 was -355 (Jun. 2013 ) + -363 (Sep. 2013 ) + -716 (Dec. 2013 ) + -1177 (Mar. 2014 ) = $-2,611 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.

Corning Inc's net issuance of stock for the three months ended in Mar. 2014 was $-1,901 Mil. Corning Inc paid $1,901 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.

Corning Inc's net issuance of debt for the three months ended in Mar. 2014 was $410 Mil. Corning Inc received $410 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.

Corning Inc's net issuance of preferred for the three months ended in Mar. 2014 was $400 Mil. Corning Inc received $400 Mil more from issuing preferred shares than it paid to buy back preferred shares.

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

Corning Inc's cash flow for dividends for the three months ended in Mar. 2014 was $-136 Mil. Corning Inc spent $136 Mil paying cash dividends to shareholders.

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

Corning Inc's other financing for the three months ended in Mar. 2014 was $50 Mil. Corning Inc received $50 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.

Corning Inc Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
Net Issuance of Stock 91567329-229-6022015-780-720-1,516
Net Issuance of Debt 173-406-136-258-24250241641,056-321
Net Issuance of Preferred 0000000000
Dividends 000-158-313-312-313-354-472-613
Other Financing 1-14-1310614127559021387
Cash from Financing 265147180-539-798-15-2-980-115-2,063

Corning Inc Quarterly Data

Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14
Net Issuance of Stock -780-72-314-194-1400-232-209-1,075-1,901
Net Issuance of Debt 847819113450-507-4-56246410
Net Issuance of Preferred 000000000400
Dividends -117-114-113-112-133-133-147-193-140-136
Other Financing 8-3461411289525350
Cash from Financing -805592-332-166-209-629-355-363-716-1,177
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