Switch to:
Micron Technology Inc (NAS:MU)
Cash from Financing
$-1,969 Mil (TTM As of May. 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 May. 2014, Micron Technology Inc received $21 Mil more from issuing new shares than it paid to buy back shares. It spent $1,147 Mil paying down its 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 $102 Mil on other financial activities. In all, Micron Technology Inc spent $1,228 Mil on financial activities for the three months ended in May. 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.

Micron Technology Inc's Cash from Financing for the fiscal year that ended in Aug. 2013 is calculated as:

Cash from Financing(A: Aug. 2013 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=145+378+0+-37+-164
=322

Micron Technology Inc's Cash from Financing for the quarter that ended in May. 2014 is

Cash from Financing(Q: May. 2014 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=21+-1147+0+0+-102
=-1,228

Micron Technology Inc Cash Flow from Financing for the trailing twelve months (TTM) ended in May. 2014 was 265 (Aug. 2013 ) + -735 (Nov. 2013 ) + -271 (Feb. 2014 ) + -1228 (May. 2014 ) = $-1,969 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. 2014 was $21 Mil. Micron Technology Inc received $21 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. 2014 was $-1,147 Mil. Micron Technology Inc spent $1,147 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.

Micron Technology Inc's net issuance of preferred for the three months ended in May. 2014 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. 2014 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. 2014 was $-102 Mil. Micron Technology Inc spent $102 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

Aug04Aug05Aug06Aug07Aug08Aug09Aug10Aug11Aug12Aug13
Net Issuance of Stock 420411136942768-135-6145
Net Issuance of Debt -44-79-4151,107139287-640-525862378
Net Issuance of Preferred 0000000000
Dividends 0000000-225-857-37
Other Financing -306-789461,039-18-853-588-151498-164
Cash from Financing 70-1166442,215125-290-1,220-1,036497322

Micron Technology Inc Quarterly Data

Feb12May12Aug12Nov12Feb13May13Aug13Nov13Feb14May14
Net Issuance of Stock 00-60001451024921
Net Issuance of Debt -41,014-51121104-77230-737-188-1,147
Net Issuance of Preferred 0000000000
Dividends -64-240-47000-33-4000
Other Financing 142-566677-75-1936-106-100-132-102
Cash from Financing 742081504685-74265-735-271-1,228
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