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Thermo Fisher Scientific Inc (NYSE:TMO)
Cash Flow from Financing
$1,599 Mil (TTM As of Mar. 2017)

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 Mar. 2017, Thermo Fisher Scientific Inc paid $442 Mil more to buy back shares than it received from issuing new shares. It received $382 Mil from issuing more debt. It paid $0 Mil more to buy back preferred shares than it received from issuing preferred shares. It spent $59 Mil paying cash dividends to shareholders. It spent $0 Mil on other financial activities. In all, Thermo Fisher Scientific Inc spent $119 Mil on financial activities for the three months ended in Mar. 2017.


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.

Thermo Fisher Scientific Inc's Cash from Financing for the fiscal year that ended in Dec. 2016 is calculated as:

Cash from Financing(A: Dec. 2016 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=-1114.7+4173.9+0+-238.4+39.8
=2,861

Thermo Fisher Scientific Inc's Cash from Financing for the quarter that ended in Mar. 2017 is

Cash from Financing(Q: Mar. 2017 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=-441.8+381.6+0+-59.1+-2.13162820728E-14
=-119

Thermo Fisher Scientific Inc Cash Flow from Financing for the trailing twelve months (TTM) ended in Mar. 2017 was -843.6 (Jun. 2016 ) + 4753.3 (Sep. 2016 ) + -2191.5 (Dec. 2016 ) + -119.3 (Mar. 2017 ) = $1,599 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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.

Thermo Fisher Scientific Inc's net issuance of stock for the three months ended in Mar. 2017 was $-442 Mil. Thermo Fisher Scientific Inc paid $442 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.

Thermo Fisher Scientific Inc's net issuance of debt for the three months ended in Mar. 2017 was $382 Mil. Thermo Fisher Scientific Inc received $382 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.

Thermo Fisher Scientific Inc's net issuance of preferred for the three months ended in Mar. 2017 was $0 Mil. Thermo Fisher Scientific 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.

Thermo Fisher Scientific Inc's cash flow for dividends for the three months ended in Mar. 2017 was $-59 Mil. Thermo Fisher Scientific Inc spent $59 Mil paying cash dividends to shareholders.

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

Thermo Fisher Scientific Inc's other financing for the three months ended in Mar. 2017 was $-0 Mil. Thermo Fisher Scientific Inc spent $0 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 local exchange's currency.

Thermo Fisher Scientific Inc Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
Net Issuance of Stock -553-102-360-935-1,179-8961413,097-376-1,115
Net Issuance of Debt -473-152-200-3734,7099523,3551,876-1,9334,174
Net Issuance of Preferred 0000000000
Dividends 00000-142-216-235-241-238
Other Financing 972531321-83131575840
Cash from Financing -929-228-558-1,2953,551-9183,3104,796-2,4912,861

Thermo Fisher Scientific Inc Quarterly Data

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
Net Issuance of Stock 23-440221527-9686625-237-442
Net Issuance of Debt 123368-801-780-7202,171-8824,778-1,894382
Net Issuance of Preferred 0000000000
Dividends -60-61-60-60-60-60-59-60-59-59
Other Financing 4331078-03110-2-0
Cash from Financing 89-100-829-818-7441,142-8444,753-2,192-119
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