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PPG Industries Inc (NYSE:PPG)
Cash from Financing
$-421 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, PPG Industries Inc paid $149 Mil more to buy back shares than it received from issuing new shares. It received $33 Mil from issuing more debt. It paid $0 Mil more to buy back preferred shares than it received from issuing preferred shares. It spent $98 Mil paying cash dividends to shareholders. It spent $12 Mil on other financial activities. In all, PPG Industries Inc spent $226 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.

PPG Industries Inc'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
=-693+381+0+-361+-296
=-969

PPG Industries Inc'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
=-149+33+0+-98+-12
=-226

PPG Industries Inc Cash Flow from Financing for the trailing twelve months (TTM) ended in Sep. 2015 was -153 (Dec. 2014 ) + 458 (Mar. 2015 ) + -500 (Jun. 2015 ) + -226 (Sep. 2015 ) = $-421 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.

PPG Industries Inc's net issuance of stock for the three months ended in Sep. 2015 was $-149 Mil. PPG Industries Inc paid $149 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.

PPG Industries Inc's net issuance of debt for the three months ended in Sep. 2015 was $33 Mil. PPG Industries Inc received $33 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.

PPG Industries Inc's net issuance of preferred for the three months ended in Sep. 2015 was $0 Mil. PPG Industries 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.

PPG Industries Inc's cash flow for dividends for the three months ended in Sep. 2015 was $-98 Mil. PPG Industries Inc spent $98 Mil paying cash dividends to shareholders.

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

PPG Industries Inc's other financing for the three months ended in Sep. 2015 was $-12 Mil. PPG Industries Inc spent $12 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.

PPG Industries Inc Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
Net Issuance of Stock -86-806-47-440-77730-932-6930
Net Issuance of Debt -951,698-641-1,280736-372235-6123810
Net Issuance of Preferred 0000000000
Dividends -316-335-422-430-447-461-456-345-3610
Other Financing -40063447-22-160-90-2960
Cash from Financing -5011,283-1,057-1,123-104-1,632-351-1,979-9690

PPG Industries Inc Quarterly Data

Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15
Net Issuance of Stock -166-671-165-94-139-295-156-145-1490
Net Issuance of Debt 08-13-5-35434724-264330
Net Issuance of Preferred 0000000000
Dividends -87-86-85-92-92-92-91-98-980
Other Financing -10-43-40-52-4-200-197-120
Cash from Financing -263-792-303-243-270-153458-500-2260
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