Switch to:
Johnson & Johnson (NYSE:JNJ)
Cash from Financing
$-8,371 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, Johnson & Johnson paid $774 Mil more to buy back shares than it received from issuing new shares. It spent $1,002 Mil paying down its debt. It paid $0 Mil more to buy back preferred shares than it received from issuing preferred shares. It spent $1,867 Mil paying cash dividends to shareholders. It received $586 Mil on other financial activities. In all, Johnson & Johnson spent $3,057 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.

Johnson & Johnson'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
=-3538+2028+0+-7286+2705
=-6,091

Johnson & Johnson'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
=-774+-1002+0+-1867+586
=-3,057

Johnson & Johnson Cash Flow from Financing for the trailing twelve months (TTM) ended in Mar. 2014 was -1977 (Jun. 2013 ) + -4519 (Sep. 2013 ) + 1182 (Dec. 2013 ) + -3057 (Mar. 2014 ) = $-8,371 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.

Johnson & Johnson's net issuance of stock for the three months ended in Mar. 2014 was $-774 Mil. Johnson & Johnson paid $774 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.

Johnson & Johnson's net issuance of debt for the three months ended in Mar. 2014 was $-1,002 Mil. Johnson & Johnson spent $1,002 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.

Johnson & Johnson's net issuance of preferred for the three months ended in Mar. 2014 was $0 Mil. Johnson & Johnson 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.

Johnson & Johnson's cash flow for dividends for the three months ended in Mar. 2014 was $-1,867 Mil. Johnson & Johnson spent $1,867 Mil paying cash dividends to shareholders.

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

Johnson & Johnson's other financing for the three months ended in Mar. 2014 was $586 Mil. Johnson & Johnson received $586 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.

Johnson & Johnson Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
Net Issuance of Stock -700-943-5,587-5,607-6,651-2,130-2,797-2,525-12,919-3,538
Net Issuance of Debt -1,1552933,7453,0172,7252,4832,3952,983-3,6662,028
Net Issuance of Preferred 0000000000
Dividends -3,251-3,793-4,267-4,670-5,024-5,327-5,804-6,156-6,614-7,286
Other Financing 0001,5621,4868821,2261,2462,6372,705
Cash from Financing -5,106-4,443-6,109-5,698-7,464-4,092-4,980-4,452-20,562-6,091

Johnson & Johnson Quarterly Data

Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14
Net Issuance of Stock -853-67-12,8520000-3,050-488-774
Net Issuance of Debt 1,352-271-1,995-688-712-224-866-363,154-1,002
Net Issuance of Preferred 0000000000
Dividends -1,555-1,565-1,676-1,683-1,690-1,706-1,856-1,862-1,862-1,867
Other Financing 3007202687189311,153745429378586
Cash from Financing -756-1,183-16,255-1,653-1,471-777-1,977-4,5191,182-3,057
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)
Free 7-day Trial
FEEDBACK
Email Hide