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LKQ Corp (NAS:LKQ)
Cash from Financing
$431 Mil (TTM As of Jun. 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 Jun. 2014, LKQ Corp paid $0 Mil more to buy back shares than it received from issuing new shares. It received $126 Mil from issuing more debt. It paid $0 Mil more to buy back preferred shares than it received from issuing preferred shares. It received $0 Mil from paying cash dividends to shareholders. It spent $6 Mil on other financial activities. In all, LKQ Corp earned $120 Mil on financial activities for the three months ended in Jun. 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.

LKQ Corp's Cash from Financing for the fiscal year that ended in Dec. 2013 is calculated as:

LKQ Corp's Cash from Financing for the quarter that ended in Jun. 2014 is

Cash from Financing(Q: Jun. 2014 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=0+125.776+0+0+-5.518
=120

LKQ Corp Cash Flow from Financing for the trailing twelve months (TTM) ended in Jun. 2014 was -71.833 (Sep. 2013 ) + -3.378 (Dec. 2013 ) + 386.213 (Mar. 2014 ) + 120.258 (Jun. 2014 ) = $431 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.

LKQ Corp's net issuance of stock for the three months ended in Jun. 2014 was $0 Mil. LKQ Corp 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.

LKQ Corp's net issuance of debt for the three months ended in Jun. 2014 was $126 Mil. LKQ Corp received $126 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.

LKQ Corp's net issuance of preferred for the three months ended in Jun. 2014 was $0 Mil. LKQ Corp 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.

LKQ Corp's cash flow for dividends for the three months ended in Jun. 2014 was $0 Mil. LKQ Corp received $0 Mil from paying cash dividends to shareholders.

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

LKQ Corp's other financing for the three months ended in Jun. 2014 was $-6 Mil. LKQ Corp spent $6 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.

LKQ Corp Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
Net Issuance of Stock 51006360000000
Net Issuance of Debt 43-946555-11-51-7307128182
Net Issuance of Preferred 0000000000
Dividends 0000000000
Other Financing -0-076231826429-16
Cash from Financing 47905992212-3319311157166

LKQ Corp Quarterly Data

Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14
Net Issuance of Stock 0000000000
Net Issuance of Debt -63101-31121-7431064-118390126
Net Issuance of Preferred 0000000000
Dividends 0000000000
Other Financing 581146-1-136115-4-6
Cash from Financing -58109-20126-68309-72-3386120
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