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Johnson & Johnson (NYSE:JNJ)
Cash from Financing
$-8,174 Mil (TTM As of Sep. 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 Sep. 2015, Johnson & Johnson paid $300 Mil more to buy back shares than it received from issuing new shares. It received $492 Mil from issuing more debt. It paid $0 Mil more to buy back preferred shares than it received from issuing preferred shares. It spent $2,076 Mil paying cash dividends to shareholders. It received $59 Mil on other financial activities. In all, Johnson & Johnson spent $1,825 Mil on financial activities for the three months ended in Sep. 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.

Johnson & Johnson'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
=-7124+850+0+-7768+1782
=-12,260

Johnson & Johnson's Cash from Financing for the quarter that ended in Sep. 2015 is

Cash from Financing(Q: Sep. 2015 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=-300+492+0+-2076+59
=-1,825

Johnson & Johnson Cash Flow from Financing for the trailing twelve months (TTM) ended in Sep. 2015 was -619 (Dec. 2014 ) + -3227 (Mar. 2015 ) + -2503 (Jun. 2015 ) + -1825 (Sep. 2015 ) = $-8,174 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 Sep. 2015 was $-300 Mil. Johnson & Johnson paid $300 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 Sep. 2015 was $492 Mil. Johnson & Johnson received $492 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.

Johnson & Johnson's net issuance of preferred for the three months ended in Sep. 2015 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 Sep. 2015 was $-2,076 Mil. Johnson & Johnson spent $2,076 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 Sep. 2015 was $59 Mil. Johnson & Johnson received $59 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

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
Net Issuance of Stock -5,587-5,607-6,651-2,130-2,797-2,525-12,919-3,538-7,1240
Net Issuance of Debt 3,7453,0172,7252,4832,3952,983-3,6662,0288500
Net Issuance of Preferred 0000000000
Dividends -4,267-4,670-5,024-5,327-5,804-6,156-6,614-7,286-7,7680
Other Financing 01,5621,4868821,2261,2462,6372,7051,7820
Cash from Financing -6,109-5,698-7,464-4,092-4,980-4,452-20,562-6,091-12,2600

Johnson & Johnson Quarterly Data

Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15
Net Issuance of Stock 00-774-1,192-2,415-2,743-2,198-896-3000
Net Issuance of Debt -363,154-1,002-160-1,6923,7043832784920
Net Issuance of Preferred 0000000000
Dividends -1,862-1,862-1,867-1,978-1,967-1,956-1,946-2,079-2,0760
Other Financing -2,621-110586462358376534194590
Cash from Financing -4,5191,182-3,057-2,868-5,716-619-3,227-2,503-1,8250
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