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International Game Technology (NYSE:IGT)
Cash from Financing
$-686 Mil (TTM As of Sep. 2014)

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 Sep. 2014, International Game Technology paid $0 Mil more to buy back shares than it received from issuing new shares. It spent $100 Mil paying down its debt. It paid $0 Mil more to buy back preferred shares than it received from issuing preferred shares. It spent $27 Mil paying cash dividends to shareholders. It received $2 Mil on other financial activities. In all, International Game Technology spent $126 Mil on financial activities for the three months ended in Sep. 2014.


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.

International Game Technology's Cash from Financing for the fiscal year that ended in Sep. 2014 is calculated as:

Cash from Financing(A: Sep. 2014 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=-211.6+-325+0+-107.7+-41.2
=-686

International Game Technology's Cash from Financing for the quarter that ended in Sep. 2014 is

Cash from Financing(Q: Sep. 2014 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=-0.2+-100+0+-27.2+1.8
=-126

International Game Technology Cash Flow from Financing for the trailing twelve months (TTM) ended in Sep. 2014 was -229.1 (Dec. 2013 ) + -80.3 (Mar. 2014 ) + -250.5 (Jun. 2014 ) + -125.6 (Sep. 2014 ) = $-686 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.

International Game Technology's net issuance of stock for the three months ended in Sep. 2014 was $-0 Mil. International Game Technology 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.

International Game Technology's net issuance of debt for the three months ended in Sep. 2014 was $-100 Mil. International Game Technology spent $100 Mil paying down its 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.

International Game Technology's net issuance of preferred for the three months ended in Sep. 2014 was $0 Mil. International Game Technology 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.

International Game Technology's cash flow for dividends for the three months ended in Sep. 2014 was $-27 Mil. International Game Technology spent $27 Mil paying cash dividends to shareholders.

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

International Game Technology's other financing for the three months ended in Sep. 2014 was $2 Mil. International Game Technology received $2 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.

International Game Technology Annual Data

Sep05Sep06Sep07Sep08Sep09Sep10Sep11Sep12Sep13Sep14
Net Issuance of Stock -369-256-1,053-78000-50-475-191-212
Net Issuance of Debt 912670754-275-413-100140358-325
Net Issuance of Preferred 0000000000
Dividends -166-169-174-176-121-71-72-71-79-108
Other Financing 026-08615223113-4-41
Cash from Financing -526-387-557-115-381-462-191-39384-686

International Game Technology Quarterly Data

Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14
Net Issuance of Stock -437-00-75-6-110-211-0-0-0
Net Issuance of Debt 280-140-7555-12049800-225-100
Net Issuance of Preferred 0000000000
Dividends -18-15-16-19-21-24-26-28-27-27
Other Financing 13-22-212138-5322
Cash from Financing -162-157-89-60-145378-229-80-251-126
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