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Enbridge Energy Partners LP (NYSE:EEP)
Cash from Financing
$1,046 Mil (TTM As of Dec. 2015)

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. 2015, Enbridge Energy Partners LP paid $0 Mil more to buy back shares than it received from issuing new shares. It received $875 Mil from issuing more debt. It paid $0 Mil more to buy back preferred shares than it received from issuing preferred shares. It spent $377 Mil paying cash dividends to shareholders. It received $123 Mil on other financial activities. In all, Enbridge Energy Partners LP earned $621 Mil on financial activities for the three months ended in Dec. 2015.


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.

Enbridge Energy Partners LP's Cash from Financing for the fiscal year that ended in Dec. 2015 is calculated as:

Cash from Financing(A: Dec. 2015 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=294.8+1063+0+-1175.3+863.3
=1,046

Enbridge Energy Partners LP's Cash from Financing for the quarter that ended in Dec. 2015 is

Cash from Financing(Q: Dec. 2015 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=0+875+0+-376.7+122.7
=621

Enbridge Energy Partners LP Cash Flow from Financing for the trailing twelve months (TTM) ended in Dec. 2015 was 207.1 (Mar. 2015 ) + 54.2 (Jun. 2015 ) + 163.5 (Sep. 2015 ) + 621 (Dec. 2015 ) = $1,046 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.

Enbridge Energy Partners LP's net issuance of stock for the three months ended in Dec. 2015 was $0 Mil. Enbridge Energy Partners LP 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.

Enbridge Energy Partners LP's net issuance of debt for the three months ended in Dec. 2015 was $875 Mil. Enbridge Energy Partners LP received $875 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.

Enbridge Energy Partners LP's net issuance of preferred for the three months ended in Dec. 2015 was $0 Mil. Enbridge Energy Partners LP 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.

Enbridge Energy Partners LP's cash flow for dividends for the three months ended in Dec. 2015 was $-377 Mil. Enbridge Energy Partners LP spent $377 Mil paying cash dividends to shareholders.

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

Enbridge Energy Partners LP's other financing for the three months ended in Dec. 2015 was $123 Mil. Enbridge Energy Partners LP received $123 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.

Enbridge Energy Partners LP Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
Net Issuance of Stock 51062973214158814571,7190295
Net Issuance of Debt 3587847303171,057107773-7371,6831,063
Net Issuance of Preferred 0000000000
Dividends 0-245-287-395-520-642-720-763-882-1,175
Other Financing -22700326100-153511,1491,392863
Cash from Financing 6401,1681,1742491,0513318611,3672,1931,046

Enbridge Energy Partners LP Quarterly Data

Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15
Net Issuance of Stock 241-10000295000
Net Issuance of Debt -162102996003174671425149875
Net Issuance of Preferred 0000000000
Dividends -149-232-195-205-226-257-301-274-224-377
Other Financing 166833290323470309200303238123
Cash from Financing 24281039471856151920754164621
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