Switch to:
General Dynamics Corp (NYSE:GD)
Cash from Financing
$-3,437 Mil (TTM As of Mar. 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 Mar. 2015, General Dynamics Corp paid $620 Mil more to buy back shares than it received from issuing new shares. It spent $500 Mil paying down its debt. It paid $0 Mil more to buy back preferred shares than it received from issuing preferred shares. It spent $206 Mil paying cash dividends to shareholders. It received $117 Mil on other financial activities. In all, General Dynamics Corp spent $1,209 Mil on financial activities for the three months ended in Mar. 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.

General Dynamics Corp's Cash from Financing for the fiscal year that ended in Dec. 2014 is calculated as:

Cash from Financing(A: Dec. 2014 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=-3382+0+0+-822+629
=-3,575

General Dynamics Corp's Cash from Financing for the quarter that ended in Mar. 2015 is

Cash from Financing(Q: Mar. 2015 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=-620+-500+0+-206+117
=-1,209

General Dynamics Corp Cash Flow from Financing for the trailing twelve months (TTM) ended in Mar. 2015 was -1286 (Jun. 2014 ) + -561 (Sep. 2014 ) + -381 (Dec. 2014 ) + -1209 (Mar. 2015 ) = $-3,437 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.

General Dynamics Corp's net issuance of stock for the three months ended in Mar. 2015 was $-620 Mil. General Dynamics Corp paid $620 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.

General Dynamics Corp's net issuance of debt for the three months ended in Mar. 2015 was $-500 Mil. General Dynamics Corp spent $500 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.

General Dynamics Corp's net issuance of preferred for the three months ended in Mar. 2015 was $0 Mil. General Dynamics 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.

General Dynamics Corp's cash flow for dividends for the three months ended in Mar. 2015 was $-206 Mil. General Dynamics Corp spent $206 Mil paying cash dividends to shareholders.

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

General Dynamics Corp's other financing for the three months ended in Mar. 2015 was $117 Mil. General Dynamics Corp received $117 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.

General Dynamics Corp Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
Net Issuance of Stock -348-85-505-1,522-209-1,185-1,468-602-740-3,382
Net Issuance of Debt 0-50001,399-157-700747-1800
Net Issuance of Preferred 0000000000
Dividends -314-359-445-533-577-631-673-893-591-822
Other Financing 142405164-62137290193131606629
Cash from Financing -520-539-786-718-806-2,226-1,201-1,382-725-3,575

General Dynamics Corp Quarterly Data

Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15
Net Issuance of Stock 00-485-211-44-1,430-1,261-426-265-620
Net Issuance of Debt 000000000-500
Net Issuance of Preferred 0000000000
Dividends -3600-198-196-197-198-213-207-204-206
Other Financing -100204302762811887288117
Cash from Financing -37024-479-105-165-1,347-1,286-561-381-1,209
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GuruFocus Premium Plus Membership

FEEDBACK