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GuruFocus has detected 4 Warning Signs with Procter & Gamble Co $PG.
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Procter & Gamble Co (NYSE:PG)
Cash from Financing
$-7,749 Mil (TTM As of Sep. 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 Sep. 2016, Procter & Gamble Co paid $1,002 Mil more to buy back shares than it received from issuing new shares. It received $1,409 Mil from issuing more debt. It paid $0 Mil more to buy back preferred shares than it received from issuing preferred shares. It spent $1,851 Mil paying cash dividends to shareholders. It received $937 Mil on other financial activities. In all, Procter & Gamble Co spent $507 Mil on financial activities for the three months ended in Sep. 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.

Procter & Gamble Co's Cash from Financing for the fiscal year that ended in Jun. 2016 is calculated as:

Cash from Financing(A: Jun. 2016 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=-5734+1285+0+-7436+2672
=-9,213

Procter & Gamble Co's Cash from Financing for the quarter that ended in Sep. 2016 is

Cash from Financing(Q: Sep. 2016 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=-1002+1409+0+-1851+937
=-507

Procter & Gamble Co Cash Flow from Financing for the trailing twelve months (TTM) ended in Sep. 2016 was -1756 (Dec. 2015 ) + -1831 (Mar. 2016 ) + -3655 (Jun. 2016 ) + -507 (Sep. 2016 ) = $-7,749 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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.

Procter & Gamble Co's net issuance of stock for the three months ended in Sep. 2016 was $-1,002 Mil. Procter & Gamble Co paid $1,002 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.

Procter & Gamble Co's net issuance of debt for the three months ended in Sep. 2016 was $1,409 Mil. Procter & Gamble Co received $1,409 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.

Procter & Gamble Co's net issuance of preferred for the three months ended in Sep. 2016 was $0 Mil. Procter & Gamble Co 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.

Procter & Gamble Co's cash flow for dividends for the three months ended in Sep. 2016 was $-1,851 Mil. Procter & Gamble Co spent $1,851 Mil paying cash dividends to shareholders.

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

Procter & Gamble Co's other financing for the three months ended in Sep. 2016 was $937 Mil. Procter & Gamble Co received $937 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 local exchange's currency.

Procter & Gamble Co Annual Data

Jun07Jun08Jun09Jun10Jun11Jun12Jun13Jun14Jun15Jun16
Net Issuance of Stock -4,079-10,047-6,370-6,004-7,039-4,024-5,986-6,005-4,604-5,734
Net Issuance of Debt -4,190-2,009-81-6,5141,481-1,9761,9853,543-3,9541,285
Net Issuance of Preferred 0000000000
Dividends -4,209-4,655-5,044-5,458-5,767-6,139-6,519-6,911-7,287-7,436
Other Financing 01,8676817211,2031,7293,4492,0942,8262,672
Cash from Financing -12,478-14,844-10,814-17,255-10,122-10,410-7,071-7,279-13,019-9,213

Procter & Gamble Co Quarterly Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
Net Issuance of Stock -500-2,378-1,875-1-350-502-2,001-1,001-2,230-1,002
Net Issuance of Debt -992-1,7971,350-1,190-2,317-871,5891,739-1,9561,409
Net Issuance of Preferred 0000000000
Dividends -1,814-1,806-1,808-1,802-1,871-1,865-1,868-1,856-1,847-1,851
Other Financing 5509661,043655162483524-7132,378937
Cash from Financing -2,756-5,015-1,290-2,338-4,376-1,971-1,756-1,831-3,655-507
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