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Symantec Corp (NAS:SYMC)
Cash from Financing
$-736 Mil (TTM As of Jun. 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 Jun. 2014, Symantec Corp paid $102 Mil more to buy back shares than it received from issuing new shares. It spent $18 Mil paying down its debt. It paid $0 Mil more to buy back preferred shares than it received from issuing preferred shares. It spent $104 Mil paying cash dividends to shareholders. It received $8 Mil on other financial activities. In all, Symantec Corp spent $216 Mil on financial activities for the three months ended in Jun. 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.

Symantec Corp's Cash from Financing for the fiscal year that ended in Mar. 2014 is calculated as:

Cash from Financing(A: Mar. 2014 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=-266+-1189+0+-418+161
=-1,712

Symantec Corp's Cash from Financing for the quarter that ended in Jun. 2014 is

Cash from Financing(Q: Jun. 2014 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=-102+-18+0+-104+8
=-216

Symantec Corp Cash Flow from Financing for the trailing twelve months (TTM) ended in Jun. 2014 was -125 (Sep. 2013 ) + -208 (Dec. 2013 ) + -187 (Mar. 2014 ) + -216 (Jun. 2014 ) = $-736 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.

Symantec Corp's net issuance of stock for the three months ended in Jun. 2014 was $-102 Mil. Symantec Corp paid $102 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.

Symantec Corp's net issuance of debt for the three months ended in Jun. 2014 was $-18 Mil. Symantec Corp spent $18 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.

Symantec Corp's net issuance of preferred for the three months ended in Jun. 2014 was $0 Mil. Symantec Corp 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.

Symantec Corp's cash flow for dividends for the three months ended in Jun. 2014 was $-104 Mil. Symantec Corp spent $104 Mil paying cash dividends to shareholders.

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

Symantec Corp's other financing for the three months ended in Jun. 2014 was $8 Mil. Symantec Corp received $8 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.

Symantec Corp Annual Data

Mar05Mar06Mar07Mar08Mar09Mar10Mar11Mar12Mar13Mar14
Net Issuance of Stock -32-3,419-2,290-1,280-487-449-778-787-545-266
Net Issuance of Debt 0-491955188-208-5597-607996-1,189
Net Issuance of Preferred 0000000000
Dividends 000000000-418
Other Financing 0026261813-38-143161
Cash from Financing -32-3,910-1,310-1,066-677-441-184-1,386308-1,712

Symantec Corp Quarterly Data

Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14
Net Issuance of Stock -167-304-122-17556-71-19-102-74-102
Net Issuance of Debt -5996000-1,00000-189-18
Net Issuance of Preferred 0000000000
Dividends 00000-105-105-104-104-104
Other Financing 2-7-102-2-32-16-1-21808
Cash from Financing -170685-224-17724-1,192-125-208-187-216
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