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Moody's Corporation (NYSE:MCO)
Cash from Financing
$-926 Mil (TTM As of Jun. 2016)

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. 2016, Moody's Corporation paid $224 Mil more to buy back shares than it received from issuing new shares. It received $0 Mil from issuing more debt. It paid $0 Mil more to buy back preferred shares than it received from issuing preferred shares. It spent $72 Mil paying cash dividends to shareholders. It received $12 Mil on other financial activities. In all, Moody's Corporation spent $284 Mil on financial activities for the three months ended in Jun. 2016.


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.

Moody's Corporation'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
=-1157.6+852.8+0+-272.1+115.9
=-461

Moody's Corporation's Cash from Financing for the quarter that ended in Jun. 2016 is

Cash from Financing(Q: Jun. 2016 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=-224.3+0+0+-71.5+12.2
=-284

Moody's Corporation Cash Flow from Financing for the trailing twelve months (TTM) ended in Jun. 2016 was -354.9 (Sep. 2015 ) + 51.5 (Dec. 2015 ) + -339.2 (Mar. 2016 ) + -283.6 (Jun. 2016 ) = $-926 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.

Moody's Corporation's net issuance of stock for the three months ended in Jun. 2016 was $-224 Mil. Moody's Corporation paid $224 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.

Moody's Corporation's net issuance of debt for the three months ended in Jun. 2016 was $0 Mil. Moody's Corporation received $0 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.

Moody's Corporation's net issuance of preferred for the three months ended in Jun. 2016 was $0 Mil. Moody's Corporation 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.

Moody's Corporation's cash flow for dividends for the three months ended in Jun. 2016 was $-72 Mil. Moody's Corporation spent $72 Mil paying cash dividends to shareholders.

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

Moody's Corporation's other financing for the three months ended in Jun. 2016 was $12 Mil. Moody's Corporation received $12 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.

Moody's Corporation Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
Net Issuance of Stock -988-1,673-5930-224-334-197-924-1,272-1,158
Net Issuance of Debt -1845315-27548-11425433448853
Net Issuance of Preferred 0000000000
Dividends -80-85-102-98-103-121-143-197-236-272
Other Financing 1035130253748117189-4116
Cash from Financing -965-862-350-349-241-418203-499-1,065-461

Moody's Corporation Quarterly Data

Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16
Net Issuance of Stock -202-309-321-440-425-235-305-193-305-224
Net Issuance of Debt 000055300000
Net Issuance of Preferred 0000000000
Dividends -60-59-59-58-69-69-68-67-72-72
Other Financing 3989488-1736422183113812
Cash from Financing -222-279108-671124-282-35552-339-284
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