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Clorox Co (NYSE:CLX)
Cash from Financing
\$-316 Mil (TTM As of Jun. 2016)

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. 2016, Clorox Co paid \$4 Mil more to buy back shares than it received from issuing new shares. It received \$89 Mil from issuing more debt. It paid \$0 Mil more to buy back preferred shares than it received from issuing preferred shares. It spent \$100 Mil paying cash dividends to shareholders. It received \$0 Mil on other financial activities. In all, Clorox Co spent \$15 Mil on financial activities for the three months ended in Jun. 2016.

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. 2016 is calculated as:

 Cash from Financing (A: Jun. 2016 ) = Net Issuance of Stock + Net Issuance of Debt + Net Issuance of Preferred + Dividends + Other Financing = -44 + 126 + 0 + -398 + 0 = -316

Clorox Co's Cash from Financing for the quarter that ended in Jun. 2016 is

 Cash from Financing (Q: Jun. 2016 ) = Net Issuance of Stock + Net Issuance of Debt + Net Issuance of Preferred + Dividends + Other Financing = -4 + 89 + 0 + -100 + 0 = -15

Clorox Co Cash Flow from Financing for the trailing twelve months (TTM) ended in Jun. 2016 was -120 (Sep. 2015 ) + 16 (Dec. 2015 ) + -197 (Mar. 2016 ) + -15 (Jun. 2016 ) = \$-316 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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. 2016 was \$-4 Mil. Clorox Co paid \$4 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. 2016 was \$89 Mil. Clorox Co received \$89 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. 2016 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. 2016 was \$-100 Mil. Clorox Co spent \$100 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. 2016 was \$0 Mil. Clorox Co received \$0 Mil on other financial activities.

Related Terms

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Clorox Co Annual Data

 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Net Issuance of Stock -36 -829 41 -150 -562 -139 5 -164 -183 -44 Net Issuance of Debt -237 1,437 -323 -354 -213 133 -355 -60 -128 126 Net Issuance of Preferred 0 0 0 0 0 0 0 0 0 0 Dividends -183 -228 -258 -282 -303 -315 -335 -368 -385 -398 Other Financing 0 0 0 80 0 0 0 0 0 0 Cash from Financing -456 380 -540 -706 -1,078 -321 -685 -592 -696 -316

Clorox Co Quarterly Data

 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Net Issuance of Stock 17 -8 125 -25 -275 -57 46 -29 -4 -95 Net Issuance of Debt -251 -90 445 -507 24 36 69 -68 89 95 Net Issuance of Preferred 0 0 0 0 0 0 0 0 0 0 Dividends -91 -95 -96 -97 -97 -99 -99 -100 -100 -104 Other Financing 0 9 -9 0 0 0 0 0 0 0 Cash from Financing -325 -184 465 -629 -348 -120 16 -197 -15 -104
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