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Zimmer Holdings Inc (NYSE:ZMH)
Cash from Financing
$-546 Mil (TTM As of Dec. 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 Dec. 2014, Zimmer Holdings Inc paid $0 Mil more to buy back shares than it received from issuing new shares. It spent $249 Mil paying down its debt. It paid $0 Mil more to buy back preferred shares than it received from issuing preferred shares. It spent $38 Mil paying cash dividends to shareholders. It received $31 Mil on other financial activities. In all, Zimmer Holdings Inc spent $255 Mil on financial activities for the three months ended in Dec. 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.

Zimmer Holdings Inc's Cash from Financing for the fiscal year that ended in May. 2014 is calculated as:

Cash from Financing(A: May. 2014 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=0+-253.7+0+0+-20.2
=-274

Zimmer Holdings Inc's Cash from Financing for the quarter that ended in Dec. 2014 is

Cash from Financing(Q: Dec. 2014 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=0+-249.1+0+-37.5+31.2
=-255

Zimmer Holdings Inc Cash Flow from Financing for the trailing twelve months (TTM) ended in Dec. 2014 was -273.9 (May. 2014 ) + -0.4 (Jun. 2014 ) + -15.9 (Sep. 2014 ) + -255.4 (Dec. 2014 ) = $-546 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.

Zimmer Holdings Inc's net issuance of stock for the three months ended in Dec. 2014 was $0 Mil. Zimmer Holdings Inc paid $0 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.

Zimmer Holdings Inc's net issuance of debt for the three months ended in Dec. 2014 was $-249 Mil. Zimmer Holdings Inc spent $249 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.

Zimmer Holdings Inc's net issuance of preferred for the three months ended in Dec. 2014 was $0 Mil. Zimmer Holdings 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.

Zimmer Holdings Inc's cash flow for dividends for the three months ended in Dec. 2014 was $-38 Mil. Zimmer Holdings Inc spent $38 Mil paying cash dividends to shareholders.

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

Zimmer Holdings Inc's other financing for the three months ended in Dec. 2014 was $31 Mil. Zimmer Holdings Inc received $31 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.

Zimmer Holdings Inc Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13May14
Net Issuance of Stock 73-758-427-680-914-489-1,007-439-2440
Net Issuance of Debt -555190330660-255097-98-254
Net Issuance of Preferred 0000000000
Dividends 0000-900-94-1320
Other Financing -28277011-17-20
Cash from Financing -485-731-400-344-262-490-456-437-467-274

Zimmer Holdings Inc Quarterly Data

Dec12Mar13Jun13Sep13Dec13Mar14May14Jun14Sep14Dec14
Net Issuance of Stock -127-3258191-91-2620-40100
Net Issuance of Debt 100-1000120-25401-249
Net Issuance of Preferred 0000000000
Dividends -31-31-34-34-34-340-37-37-38
Other Financing 04-0215-204372031
Cash from Financing -58-4534760-122-291-274-0-16-255
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