Switch to:
Prudential Financial Inc (NYSE:PRU)
Cash from Financing
$-796 Mil (TTM As of Jun. 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 Jun. 2016, Prudential Financial Inc paid $376 Mil more to buy back shares than it received from issuing new shares. It spent $898 Mil paying down its debt. It paid $0 Mil more to buy back preferred shares than it received from issuing preferred shares. It spent $313 Mil paying cash dividends to shareholders. It received $1,027 Mil on other financial activities. In all, Prudential Financial Inc spent $560 Mil on financial activities for the three months ended in Jun. 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.

Prudential Financial Inc's Cash from Financing for the fiscal year that ended in Dec. 2015 is calculated as:

Cash from Financing(A: Dec. 2015 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=-1664+209+0+-1117+-952
=-3,524

Prudential Financial Inc's Cash from Financing for the quarter that ended in Jun. 2016 is

Cash from Financing(Q: Jun. 2016 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=-376+-898+0+-313+1027
=-560

Prudential Financial Inc Cash Flow from Financing for the trailing twelve months (TTM) ended in Jun. 2016 was 675 (Sep. 2015 ) + -2090 (Dec. 2015 ) + 1179 (Mar. 2016 ) + -560 (Jun. 2016 ) = $-796 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.

Prudential Financial Inc's net issuance of stock for the three months ended in Jun. 2016 was $-376 Mil. Prudential Financial Inc paid $376 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.

Prudential Financial Inc's net issuance of debt for the three months ended in Jun. 2016 was $-898 Mil. Prudential Financial Inc spent $898 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.

Prudential Financial Inc's net issuance of preferred for the three months ended in Jun. 2016 was $0 Mil. Prudential Financial 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.

Prudential Financial Inc's cash flow for dividends for the three months ended in Jun. 2016 was $-313 Mil. Prudential Financial Inc spent $313 Mil paying cash dividends to shareholders.

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

Prudential Financial Inc's other financing for the three months ended in Jun. 2016 was $1,027 Mil. Prudential Financial Inc received $1,027 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.

Prudential Financial Inc Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
Net Issuance of Stock -2,346-3,000-2,1611,391970-999-650-738-1,000-1,664
Net Issuance of Debt 7,1254,111-4,851-9,0596446312,090721571209
Net Issuance of Preferred 0000000000
Dividends -440-533-317-347-575-704-768-847-1,027-1,117
Other Financing 2,18396111,050-2,4065743,171-1,9773,1063,085-952
Cash from Financing 6,5221,5393,721-10,4211,6132,099-1,3052,2421,629-3,524

Prudential Financial Inc Quarterly Data

Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16
Net Issuance of Stock -250-250-250-250-903-250-242-269-476-376
Net Issuance of Debt 9211,249513-2,112-1411,323-527-446-287-898
Net Issuance of Preferred 0000000000
Dividends -252-253-250-272-268-269-264-316-318-313
Other Financing 1,578-1261,488145-1,7741731,708-1,0592,2601,027
Cash from Financing 1,9976201,501-2,489-3,086977675-2,0901,179-560
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)
FEEDBACK