Market Cap : 42.78 B | Enterprise Value : 54.21 B | PE Ratio : 18.97 | PB Ratio : 4.36 |
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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 Feb. 2022, General Mills paid $176 Mil more to buy back shares than it received from issuing new shares. It spent $439 Mil paying down its debt. It paid $0 Mil more to buy back preferred shares than it received from issuing preferred shares. It spent $311 Mil paying cash dividends to shareholders. It spent $45 Mil on other financial activities. In all, General Mills spent $970 Mil on financial activities for the three months ended in Feb. 2022.
The historical data trend for General Mills's Cash Flow from Financing can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
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.
General Mills's Cash from Financing for the fiscal year that ended in May. 2021 is calculated as:
Cash Flow from Financing | (A: May. 2021 ) | ||||||||||
= | Issuance of Stock | + | Repurchase of Stock | + | Net Issuance of Debt | + | Net Issuance of Preferred Stock | + | Cash Flow for Dividends | + | Other Financing |
= | 0 | + | -301.4 | + | -960.8 | + | 0 | + | -1246.4 | + | -206.9 |
= | -2,716 |
General Mills's Cash from Financing for the quarter that ended in Feb. 2022 is:
Cash Flow from Financing | (Q: Feb. 2022 ) | ||||||||||
= | Issuance of Stock | + | Repurchase of Stock | + | Net Issuance of Debt | + | Net Issuance of Preferred Stock | + | Cash Flow for Dividends | + | Other Financing |
= | 0 | + | -175.5 | + | -439 | + | 0 | + | -310.9 | + | -44.9 |
= | -970 |
Cash Flow from Financing for the trailing twelve months (TTM) ended in Feb. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-3,260 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Cash from financing contains six items:
1. Issuance of Stock:
A company may raise cash from issuing new shares. Issuance of stock represents the cash inflow from offering common stock, which is the additional capital contribution to the entity during the period.
General Mills's issuance of stock for the three months ended in Feb. 2022 was $0 Mil.
2. Repurchase of Stock:
A company may raise cash from issuing new shares. It can also use cash to buy back shares. Repurchase of stock represents the cash outflow to reacquire common stock during the period.
General Mills's repurchase of stock for the three months ended in Feb. 2022 was $-176 Mil.
3. 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.
General Mills's net issuance of debt for the three months ended in Feb. 2022 was $-439 Mil. General Mills spent $439 Mil paying down its debt.
4. Net Issuance of Preferred Stock:
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.
General Mills's net issuance of preferred for the three months ended in Feb. 2022 was $0 Mil. General Mills paid $0 Mil more to buy back preferred shares than it received from issuing preferred shares.
5. Cash Flow for Dividends:
Cash flow for dividends refers to the payment of cash to shareholders as dividends when the company generates income.
General Mills's cash flow for dividends for the three months ended in Feb. 2022 was $-311 Mil. General Mills spent $311 Mil paying cash dividends to shareholders.
6. Other Financing:
Money spent or earned by company from other financial activities.
General Mills's other financing for the three months ended in Feb. 2022 was $-45 Mil. General Mills spent $45 Mil on other financial activities.
Thank you for viewing the detailed overview of General Mills's Cash Flow from Financing provided by GuruFocus.com. Please click on the following links to see related term pages.
Walker Sean N | officer: Group President | NUMBER ONE GENERAL MILLS BLVD MINNEAPOLIS MN 55426 |
Church John R | officer: Chief SC & GBS Officer | ONE GENERAL MILLS BLVD MINNEAPOLIS MN 55426 |
Nudi Jonathon | officer: Group President | GENERAL MILLS, INC. ONE GENERAL MILLS BLVD MINNEAPOLIS MN 55426 |
Henry Maria | director | C/O THE HILLSHIRE BRANDS COMPANY 3500 LACEY ROAD DOWNERS GROVE IL 60515 |
Neal Diane L | director | PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: NEAL DIANE L a.header:link {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:visited {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:hover {color: #191970;} |
Jenkins Jo Ann | director | 2211 SOUTH 47TH STREET PHOENIX AZ 85034 |
Lempres Elizabeth Cahill | director | TWO COMMERCE SQUARE 2001 MARKET STREET, SUITE 3600 PHILADELPHIA PA 19103 |
Uribe Jorge A. | director | 5 WESTBROOK CORPORATE CENTER WESTCHESTER IL 60154 |
Cordani David | director | CIGNA CORPORATION 900 COTTAGE GROVE ROAD BLOOMFIELD CT 06002 |
Odland Stephen A | director | ONE GENERAL MILLS BLVD M03-08 MINNEAPOLIS MN 55426 |
Clark R Kerry | director | C/O THE PROCTER & GAMBLE COMPANY ONE PROCTER & GAMBLE PLAZA CINCINNATI OH 45202 |
Sastre Maria | director | C/O DARDEN RESTAURANTS, INC. 1000 DARDEN CENTER DRIVE ORLANDO FL 32837 |
Sprunk Eric D | director | ONE BOWERMAN DRIVE BEAVERTON OR 97005 |
Ferguson Roger W. Jr. | director | INTERNATIONAL FLAVORS & FRAGRANCES INC. 521 WEST 57TH STREET NEW YORK NY 10019 |
Ogrady Shawn P | officer: Group President | ONE GENERAL MILLS BLVD MINNEAPOLIS MN 55426 |
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