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Cash Flow from Investing covers the cash a company gains or spends from investment activities in financial market and operating subsidiaries. It also includes the cash the company used for property, plant and equipment (PPE).
For the three months ended in Mar. 2024, PNC Financial Services Group spent $0 Mil on purchasing property, plant, equipment. It gained $0 Mil from selling property, plant, and equipment. It spent $0 Mil on purchasing business. It gained $0 Mil from selling business. It spent $1,885 Mil on purchasing investments. It gained $3,939 Mil from selling investments. It paid $0Mil for net Intangibles purchase and sale. And it paid $8,419 Mil for other investing activities. In all, PNC Financial Services Group spent $6,365 Mil on investment activities in financial market and operating subsidiaries for the three months ended in Mar. 2024.
The historical data trend for PNC Financial Services Group's Cash Flow from Investing 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.
PNC Financial Services Group Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Cash Flow from Investing | Get a 7-Day Free Trial | -24,990.00 | -51,122.00 | -2,795.00 | -13,428.00 | -6,379.00 |
PNC Financial Services Group Quarterly Data | ||||||||||||||||||||
Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | |
Cash Flow from Investing | Get a 7-Day Free Trial | -5,712.00 | 2,310.00 | 1,688.00 | -4,665.00 | -6,365.00 |
Cash Flow from Investing covers the cash a company gains or spends from investment activities in financial market and operating subsidiaries. It also includes the cash the company used for property, plant and equipment (PPE).
If a company spends cash on property, plant and equipment (PPE), this will reduce their cash position. This is called Capital Expenditures (CPEX).
Likewise, if a company buys another company for cash, this will reduce their cash position.
PNC Financial Services Group's Cash Flow from Investing for the fiscal year that ended in Dec. 2023 is calculated as:
PNC Financial Services Group's Cash Flow from Investing for the quarter that ended in Mar. 2024 is calculated as:
Cash Flow from Investing for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-7,032 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.
PNC Financial Services Group (NYSE:PNC) Cash Flow from Investing Explanation
Cash flow from investing contains nine items:
1. Purchase Of Property, Plant, Equipment:
Purchase of PPE indicates the amount used to purchase property, plant, and equipment.
PNC Financial Services Group's purchase of property, plant, equipment for the three months ended in Mar. 2024 was $0 Mil. It means PNC Financial Services Group spent $0 Mil on purchasing property, plant, equipment.
In the capital spending for property, plant and equipment (PPE), some part of spending may be from the expansion of business. The business needs more property, plant and equipment (PPE) as it grows. Another part may be from replacement of the property, plant and equipment (PPE) of existing business. For some companies, the cash spent on replacing of the property, plant and equipment (PPE) of the existing business will be close to the depreciation of property, plant and equipment (PPE) reported in the income statement.
In Warren Buffett's definition of Owner's Earnings, he deducts the estimate of the cost of replacing the property, plant and equipment (PPE) of the existing business from cash flow from operations. The cash spent on the new property, plant, and equipment is not deducted. The reason is because these are not costs of the existing business. In his 1986 letter to shareholders, Warren Buffett wrote this about owner earnings:
"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume....Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."
2. Sale Of Property, Plant, Equipment:
Sale of PPE indicates the amount gained from selling property, plant, and equipment.
PNC Financial Services Group's sale of property, plant, equipment for the three months ended in Mar. 2024 was $0 Mil. It means PNC Financial Services Group gained $0 Mil from selling property, plant, and equipment.
3.Purchase Of Business:
Purchase of business indicates the amount used to purchase business.
PNC Financial Services Group's purchase of business for the three months ended in Mar. 2024 was $0 Mil. It means PNC Financial Services Group spent $0 Mil on purchasing business.
4. Sale Of Business:
Sale of business indicates the amount gained from selling business.
PNC Financial Services Group's sale of business for the three months ended in Mar. 2024 was $0 Mil. It means PNC Financial Services Group gained $0 Mil from selling business.
5. Purchase Of Investment:
Purchase of Investments represents cash outflow on the purchase of investments in securities.
PNC Financial Services Group's purchase of investment for the three months ended in Mar. 2024 was $-1,885 Mil. It means PNC Financial Services Group spent {stock_data.stock.currency_symbol}}1,885 Mil on purchasing investments.
6. Sale Of Investment:
Sale of Investments represents cash inflow on the sale of investments in securities.
PNC Financial Services Group's sale of investment for the three months ended in Mar. 2024 was $3,939 Mil. It means PNC Financial Services Group gained $3,939 Mil from selling investments.
7. Net Intangibles Purchase And Sale:
Net Intangibles purchase and sale means the net cash inflow received by a company that comes from the purchase and sale of intangibles. It equals the cash received from sale of intangibles minus the cash spent on purchasing intangibles.
PNC Financial Services Group's net Intangibles purchase and sale for the three months ended in Mar. 2024 was $0 Mil. It means PNC Financial Services Group paid $0 Mil for net Intangibles purchase and sale.
8. Cash From Discontinued Investing Activities:
Cash from discontinued investing activities means the cash received by a company that comes from the discontinued investing activities.
PNC Financial Services Group's cash from discontinued investing activities for the three months ended in Mar. 2024 was 0 Mil. It means PNC Financial Services Group paid $0 Mil for discontinued investing activities.
9. Cash From Other Investing Activities:
Cash from other investing activities means the cash received by a company that comes from other investing activities.
PNC Financial Services Group's cash from other investing activities for the three months ended in Mar. 2024 was $-8,419 Mil. It means PNC Financial Services Group paid $8,419 Mil for other investing activities.
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Guild Deborah | officer: Executive Vice President | 847 PERSIMMON ROAD, SEWICKLEY PA 15143 |
Bryan Scott Salesky | director | 2545 RAILROAD ST, SUITE 400, PITTSBURGH PA 15222 |
Joseph Alvarado | director | 705 N. BAR Y ROAD, P.O. BOX 11368, JACKSON WY 83002 |
Kieran John Fallon | officer: Executive Vice President | 17160 SPRING CREEK LANE, LEESBURG VA 20176 |
Michael P. Lyons | officer: Executive Vice President | 249 FIFTH AVENUE, 1PNC, PITTSBURGH PA 15222 |
William S Demchak | officer: Vice Chairman and CFO | THE TOWER AT PNC PLAZA, 300 FIFTH AVENUE, PITTSBURGH PA 15222-2707 |
Overstrom Alexander E. C. | officer: Executive Vice President | 643 PITCAIRN PLACE, PITTSBURGH PA 15232 |
Renu Khator | director | 11 GREENWAY PLAZA, SUITE 2400, HOUSTON TX 77046 |
Robert A Niblock | director | 1605 CURTIS BRIDGE ROAD, WILKESBORO NC 28697 |
Martin Pfinsgraff | director | 354 KINGSBERRY DRIVE, ANNAPOLIS MD 21409 |
Michael J Hannon | officer: Chief Credit Policy Officer | 249 FIFTH AVE, P1-POPP-30-1, PITTSBURGH PA 15222 |
Karen L. Larrimer | officer: Executive Vice President | ONE PNC PLAZA, 249 FIFTH AVENUE, PITTSBURGH PA 15222-2707 |
Ganesh Manapra Krishnan | officer: Executive Vice President | 6416 INTERLAKEN DR, MCDONALD PA 15057 |
David L Cohen | director | |
Richard Kevin Bynum | officer: Executive Vice President | 7567 GLEN POINTE CT., SPRINGFIELD VA 22153 |
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