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PNC Financial Services Group Inc (NYSE:PNC)
Cash from Financing
$20,670 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, PNC Financial Services Group Inc paid $318 Mil more to buy back shares than it received from issuing new shares. It received $2,981 Mil from issuing more debt. It paid $0 Mil more to buy back preferred shares than it received from issuing preferred shares. It spent $327 Mil paying cash dividends to shareholders. It received $4,091 Mil on other financial activities. In all, PNC Financial Services Group Inc earned $6,427 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.

PNC Financial Services Group Inc's Cash from Financing for the fiscal year that ended in Dec. 2013 is calculated as:

Cash from Financing(A: Dec. 2013 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=220+4368+346+-1148+8417
=12,203

PNC Financial Services Group Inc'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
=-318+2981+0+-327+4091
=6,427

PNC Financial Services Group Inc Cash Flow from Financing for the trailing twelve months (TTM) ended in Sep. 2014 was 10582 (Dec. 2013 ) + 1745 (Mar. 2014 ) + 1916 (Jun. 2014 ) + 6427 (Sep. 2014 ) = $20,670 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.

PNC Financial Services Group Inc's net issuance of stock for the three months ended in Sep. 2014 was $-318 Mil. PNC Financial Services Group Inc paid $318 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.

PNC Financial Services Group Inc's net issuance of debt for the three months ended in Sep. 2014 was $2,981 Mil. PNC Financial Services Group Inc received $2,981 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.

PNC Financial Services Group Inc's net issuance of preferred for the three months ended in Sep. 2014 was $0 Mil. PNC Financial Services Group Inc 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.

PNC Financial Services Group Inc's cash flow for dividends for the three months ended in Sep. 2014 was $-327 Mil. PNC Financial Services Group Inc spent $327 Mil paying cash dividends to shareholders.

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

PNC Financial Services Group Inc's other financing for the three months ended in Sep. 2014 was $4,091 Mil. PNC Financial Services Group Inc received $4,091 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.

PNC Financial Services Group Inc Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
Net Issuance of Stock -13354-188-7101416833,282-1-58220
Net Issuance of Debt -564,023-2,39714,6013,471-11,428-3,965-1,9002,6064,368
Net Issuance of Preferred 00007,7670-7,5799882,449346
Dividends -566-575-633-806-923-818-350-660-997-1,148
Other Financing 5,7503,2625,9372,014-3,980-3,853-2,9202,8957,5678,417
Cash from Financing 4,9956,7642,71915,0996,476-15,416-11,5321,32211,56712,203

PNC Financial Services Group Inc Quarterly Data

Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14
Net Issuance of Stock 16-74-457101644885-197-318
Net Issuance of Debt 1,652-404-1,599-4,1962,1781,5564,8301,5622,2862,981
Net Issuance of Preferred 1,482438529034600000
Dividends -236-274-264-277-285-303-283-303-303-327
Other Financing 155-9586,760-1,1981,0022,6265,9874011304,091
Cash from Financing 3,069-1,2725,381-5,6643,3423,94310,5821,7451,9166,427
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