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Walgreen Co (NYSE:WAG)
Cash from Financing
\$-1,622 Mil (TTM As of Aug. 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 Aug. 2014, Walgreen Co paid \$500 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 \$301 Mil paying cash dividends to shareholders. It received \$123 Mil on other financial activities. In all, Walgreen Co spent \$678 Mil on financial activities for the three months ended in Aug. 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.

Walgreen Co's Cash from Financing for the fiscal year that ended in Aug. 2014 is calculated as:

 Cash from Financing (A: Aug. 2014 ) = Net Issuance of Stock + Net Issuance of Debt + Net Issuance of Preferred + Dividends + Other Financing = -705 + -550 + 0 + -1199 + 832 = -1,622

Walgreen Co's Cash from Financing for the quarter that ended in Aug. 2014 is

 Cash from Financing (Q: Aug. 2014 ) = Net Issuance of Stock + Net Issuance of Debt + Net Issuance of Preferred + Dividends + Other Financing = -500 + 0 + 0 + -301 + 123 = -678

Walgreen Co Cash Flow from Financing for the trailing twelve months (TTM) ended in Aug. 2014 was -345 (Nov. 2013 ) + -53 (Feb. 2014 ) + -546 (May. 2014 ) + -678 (Aug. 2014 ) = \$-1,622 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.

Walgreen Co's net issuance of stock for the three months ended in Aug. 2014 was \$-500 Mil. Walgreen Co paid \$500 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.

Walgreen Co's net issuance of debt for the three months ended in Aug. 2014 was \$0 Mil. Walgreen Co 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.

Walgreen Co's net issuance of preferred for the three months ended in Aug. 2014 was \$0 Mil. Walgreen Co 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.

Walgreen Co's cash flow for dividends for the three months ended in Aug. 2014 was \$-301 Mil. Walgreen Co spent \$301 Mil paying cash dividends to shareholders.

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

Walgreen Co's other financing for the three months ended in Aug. 2014 was \$123 Mil. Walgreen Co received \$123 Mil on other financial activities.

Related Terms

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Walgreen Co Annual Data

 Aug05 Aug06 Aug07 Aug08 Aug09 Aug10 Aug11 Aug12 Aug13 Aug14 Net Issuance of Stock -604 -350 -797 -294 -279 -1,756 -2,028 -1,191 -615 -705 Net Issuance of Debt 0 214 495 456 917 -576 -17 3,000 -300 -550 Net Issuance of Preferred 0 0 0 0 0 0 0 0 0 0 Dividends -215 -263 -310 -376 -446 -541 -647 -787 -1,040 -1,199 Other Financing 14 -14 -13 181 117 196 250 148 459 832 Cash from Financing -804 -413 -626 -33 309 -2,677 -2,442 1,170 -1,496 -1,622

Walgreen Co Quarterly Data

 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Net Issuance of Stock -176 0 -50 -66 -451 -48 -205 0 0 -500 Net Issuance of Debt 0 3,000 1,000 0 0 -1,300 0 0 -550 0 Net Issuance of Preferred 0 0 0 0 0 0 0 0 0 0 Dividends -195 -194 -260 -260 -260 -260 -298 -299 -301 -301 Other Financing 34 38 50 93 228 88 158 246 305 123 Cash from Financing -337 2,844 740 -233 -483 -1,520 -345 -53 -546 -678
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