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Nike Inc (NYSE:NKE)
Cash from Financing
$-1,768 Mil (TTM As of Nov. 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 Nov. 2015, Nike Inc paid $652 Mil more to buy back shares than it received from issuing new shares. It received $960 Mil from issuing more debt. It paid $0 Mil more to buy back preferred shares than it received from issuing preferred shares. It spent $239 Mil paying cash dividends to shareholders. It received $323 Mil on other financial activities. In all, Nike Inc earned $392 Mil on financial activities for the three months ended in Nov. 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.

Nike Inc's Cash from Financing for the fiscal year that ended in May. 2015 is calculated as:

Cash from Financing(A: May. 2015 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=-2534+-70+0+-899+713
=-2,790

Nike Inc's Cash from Financing for the quarter that ended in Nov. 2015 is

Cash from Financing(Q: Nov. 2015 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=-652+960+0+-239+323
=392

Nike Inc Cash Flow from Financing for the trailing twelve months (TTM) ended in Nov. 2015 was -791 (Feb. 2015 ) + -695 (May. 2015 ) + -674 (Aug. 2015 ) + 392 (Nov. 2015 ) = $-1,768 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.

Nike Inc's net issuance of stock for the three months ended in Nov. 2015 was $-652 Mil. Nike Inc paid $652 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.

Nike Inc's net issuance of debt for the three months ended in Nov. 2015 was $960 Mil. Nike Inc received $960 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.

Nike Inc's net issuance of preferred for the three months ended in Nov. 2015 was $0 Mil. Nike 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.

Nike Inc's cash flow for dividends for the three months ended in Nov. 2015 was $-239 Mil. Nike Inc spent $239 Mil paying cash dividends to shareholders.

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

Nike Inc's other financing for the three months ended in Nov. 2015 was $323 Mil. Nike Inc received $323 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.

Nike Inc Annual Data

May06May07May08May09May10May11May12May13May14May15
Net Issuance of Stock -536-662-1,248-649-741-1,859-1,814-1,674-2,628-2,534
Net Issuance of Debt -24-16129170-23733-25094715-70
Net Issuance of Preferred 0000000000
Dividends -291-344-413-467-505-555-619-703-799-899
Other Financing 056406212422409583385498713
Cash from Financing -851-1,112-1,226-734-1,061-1,972-2,100-1,045-2,914-2,790

Nike Inc Quarterly Data

Aug13Nov13Feb14May14Aug14Nov14Feb15May15Aug15Nov15
Net Issuance of Stock -526-402-788-912-819-424-612-679-588-652
Net Issuance of Debt 11-2336-19-43-2618-49960
Net Issuance of Preferred 0000000000
Dividends -188-187-212-212-209-207-242-241-240-239
Other Financing 1211831039116525289207203323
Cash from Financing -592-405-920-997-882-422-791-695-674392
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