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Seagate Technology PLC (NAS:STX)
Cash from Financing
$-1,505 Mil (TTM As of Dec. 2013)

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. 2013, Seagate Technology PLC paid $1,498 Mil more to buy back shares than it received from issuing new shares. It received $608 Mil from issuing more debt. It paid $0 Mil more to buy back preferred shares than it received from issuing preferred shares. It spent $142 Mil paying cash dividends to shareholders. It received $182 Mil on other financial activities. In all, Seagate Technology PLC spent $850 Mil on financial activities for the three months ended in Dec. 2013.


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.

Seagate Technology PLC's Cash from Financing for the fiscal year that ended in Jun. 2013 is calculated as:

Cash from Financing(A: Jun. 2013 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=-1395+-238+0+-518+-71
=-2,222

Seagate Technology PLC's Cash from Financing for the quarter that ended in Dec. 2013 is

Cash from Financing(Q: Dec. 2013 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=-1498+608+0+-142+182
=-850

Seagate Technology PLC Cash Flow from Financing for the trailing twelve months (TTM) ended in Dec. 2013 was -404 (Mar. 2013 ) + 31 (Jun. 2013 ) + -282 (Sep. 2013 ) + -850 (Dec. 2013 ) = $-1,505 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.

Seagate Technology PLC's net issuance of stock for the three months ended in Dec. 2013 was $-1,498 Mil. Seagate Technology PLC paid $1,498 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.

Seagate Technology PLC's net issuance of debt for the three months ended in Dec. 2013 was $608 Mil. Seagate Technology PLC received $608 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.

Seagate Technology PLC's net issuance of preferred for the three months ended in Dec. 2013 was $0 Mil. Seagate Technology PLC 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.

Seagate Technology PLC's cash flow for dividends for the three months ended in Dec. 2013 was $-142 Mil. Seagate Technology PLC spent $142 Mil paying cash dividends to shareholders.

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

Seagate Technology PLC's other financing for the three months ended in Dec. 2013 was $182 Mil. Seagate Technology PLC received $182 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.

Seagate Technology PLC Annual Data

Jun04Jun05Jun06Jun07Jun08Jun09Jun10Jun11Jun12Jun13
Net Issuance of Stock 9690-281-1,307-1,3010-498-739-2,082-1,395
Net Issuance of Debt -6-3-3401,072-34694-225947-670-238
Net Issuance of Preferred 0000000000
Dividends -90-122-155-212-216-1320-74-372-518
Other Financing 0044-166-330379-36-71
Cash from Financing 0-35-732-463-1,545232-344131-3,118-2,222

Seagate Technology PLC Quarterly Data

Sep11Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13
Net Issuance of Stock -102-38-818-1,124-482-860-37-16-143-1,498
Net Issuance of Debt -34-560-7600-58-3631830608
Net Issuance of Preferred 0000000000
Dividends -78-76-112-106-127-250-4-137-135-142
Other Financing 0033-72001-4182
Cash from Financing -214-674-1,003-1,227-681-1,168-40431-282-850
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