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Aetna Inc (NYSE:AET)
Cash from Financing
$-1,235 Mil (TTM As of Dec. 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 Dec. 2014, Aetna Inc paid $267 Mil more to buy back shares than it received from issuing new shares. It received $583 Mil from issuing more debt. It paid $0 Mil more to buy back preferred shares than it received from issuing preferred shares. It spent $79 Mil paying cash dividends to shareholders. It received $200 Mil on other financial activities. In all, Aetna Inc earned $437 Mil on financial activities for the three months ended in Dec. 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.

Aetna Inc's Cash from Financing for the fiscal year that ended in Dec. 2014 is calculated as:

Cash from Financing(A: Dec. 2014 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=-1278.4+186.3+0+-320.6+177.7
=-1,235

Aetna Inc's Cash from Financing for the quarter that ended in Dec. 2014 is

Cash from Financing(Q: Dec. 2014 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=-267.4+582.9+0+-79+200.1
=437

Aetna Inc Cash Flow from Financing for the trailing twelve months (TTM) ended in Dec. 2014 was -506.6 (Mar. 2014 ) + -511.9 (Jun. 2014 ) + -653.1 (Sep. 2014 ) + 436.6 (Dec. 2014 ) = $-1,235 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.

Aetna Inc's net issuance of stock for the three months ended in Dec. 2014 was $-267 Mil. Aetna Inc paid $267 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.

Aetna Inc's net issuance of debt for the three months ended in Dec. 2014 was $583 Mil. Aetna Inc received $583 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.

Aetna Inc's net issuance of preferred for the three months ended in Dec. 2014 was $0 Mil. Aetna 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.

Aetna Inc's cash flow for dividends for the three months ended in Dec. 2014 was $-79 Mil. Aetna Inc spent $79 Mil paying cash dividends to shareholders.

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

Aetna Inc's other financing for the three months ended in Dec. 2014 was $200 Mil. Aetna Inc received $200 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.

Aetna Inc Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
Net Issuance of Stock -1,379-2,207-1,525-1,758-758-1,563-1,688-1,462-1,396-1,278
Net Issuance of Debt 069073854126421631,962-6186
Net Issuance of Preferred 0000000000
Dividends -11-21-20-18-17-16-167-239-279-321
Other Financing 177901532847-193645154178
Cash from Financing -1,214-1,448-654-1,208-465-1,383-1,816306-1,526-1,235

Aetna Inc Quarterly Data

Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14
Net Issuance of Stock 5-524-146-434-339-477-482-264-265-267
Net Issuance of Debt -441,728100446-5521-980-299583
Net Issuance of Preferred 0000000000
Dividends -59-59-66-65-74-74-82-80-80-79
Other Financing 61383281429155-168-10200
Cash from Financing -911,159-29-25-951-521-507-512-653437
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