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Micron Technology Inc (NAS:MU)
Cash from Financing
$770 Mil (TTM As of May. 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 May. 2016, Micron Technology Inc received $6 Mil more from issuing new shares than it paid to buy back shares. It received $1,822 Mil from issuing more debt. It paid $0 Mil more to buy back preferred shares than it received from issuing preferred shares. It received $0 Mil from paying cash dividends to shareholders. It spent $57 Mil on other financial activities. In all, Micron Technology Inc earned $1,771 Mil on financial activities for the three months ended in May. 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.

Micron Technology Inc's Cash from Financing for the fiscal year that ended in Aug. 2015 is calculated as:

Cash from Financing(A: Aug. 2015 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=-811+-117+0+0+210
=-718

Micron Technology Inc's Cash from Financing for the quarter that ended in May. 2016 is

Micron Technology Inc Cash Flow from Financing for the trailing twelve months (TTM) ended in May. 2016 was -933 (Aug. 2015 ) + -140 (Nov. 2015 ) + 72 (Feb. 2016 ) + 1771 (May. 2016 ) = $770 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.

Micron Technology Inc's net issuance of stock for the three months ended in May. 2016 was $6 Mil. Micron Technology Inc received $6 Mil more from issuing new shares than it paid to buy back 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.

Micron Technology Inc's net issuance of debt for the three months ended in May. 2016 was $1,822 Mil. Micron Technology Inc received $1,822 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.

Micron Technology Inc's net issuance of preferred for the three months ended in May. 2016 was $0 Mil. Micron Technology Inc 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.

Micron Technology Inc's cash flow for dividends for the three months ended in May. 2016 was $0 Mil. Micron Technology Inc received $0 Mil from paying cash dividends to shareholders.

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

Micron Technology Inc's other financing for the three months ended in May. 2016 was $-57 Mil. Micron Technology Inc spent $57 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.

Micron Technology Inc Annual Data

Aug06Aug07Aug08Aug09Aug10Aug11Aug12Aug13Aug14Aug15
Net Issuance of Stock 1136942768-135-6145189-811
Net Issuance of Debt -4151,107139287-640-525862378-1,631-117
Net Issuance of Preferred 0000000000
Dividends 0000000000
Other Financing 9461,039-18-853-588-376-359-201-506210
Cash from Financing 6442,215125-290-1,220-1,036497322-1,948-718

Micron Technology Inc Quarterly Data

Feb14May14Aug14Nov14Feb15May15Aug15Nov15Feb16May16
Net Issuance of Stock 492117-8-18613-630-120-36
Net Issuance of Debt -188-1,147441-786637270-238-23-3221,822
Net Issuance of Preferred 0000000000
Dividends 0000000000
Other Financing -132-102-172-1221176-653397-57
Cash from Financing -271-1,228286-806662359-933-140721,771
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