Toll Brothers TOL Consolidation — Cash Dividends Paid To Parent Company
Discontinued — last reported Q4 '18
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Where this comes from
Reported directly by Toll Brothers in its filing.
Tagged under the XBRL concept us-gaap:CashDividendsPaidToParentCompany.
The official record: Toll Brothers’s 10-K, filed December 20, 2018, on SEC EDGAR. View the filing →
Questions, answered.
- What does consolidation — cash dividends paid to parent company mean?
- This represents the elimination of dividends paid by subsidiaries to the parent company during the consolidation process. Since these payments are internal transfers, they must be removed to accurately reflect the company's consolidated cash flow. This prevents the double-counting of cash outflows and inflows.