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American Express Co (NYSE:AXP)
Cash from Financing
$-3,732 Mil (TTM As of Sep. 2015)

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. 2015, American Express Co paid $1,333 Mil more to buy back shares than it received from issuing new shares. It spent $5,472 Mil paying down its debt. It paid $0 Mil more to buy back preferred shares than it received from issuing preferred shares. It spent $335 Mil paying cash dividends to shareholders. It received $2,154 Mil on other financial activities. In all, American Express Co spent $4,986 Mil on financial activities for the three months ended in Sep. 2015.


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.

American Express Co'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
=-4027+1878+742+-1041+2459
=11

American Express Co's Cash from Financing for the quarter that ended in Sep. 2015 is

Cash from Financing(Q: Sep. 2015 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=-1333+-5472+0+-335+2154
=-4,986

American Express Co Cash Flow from Financing for the trailing twelve months (TTM) ended in Sep. 2015 was 3743 (Dec. 2014 ) + -3542 (Mar. 2015 ) + 1053 (Jun. 2015 ) + -4986 (Sep. 2015 ) = $-3,732 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.

American Express Co's net issuance of stock for the three months ended in Sep. 2015 was $-1,333 Mil. American Express Co paid $1,333 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.

American Express Co's net issuance of debt for the three months ended in Sep. 2015 was $-5,472 Mil. American Express Co spent $5,472 Mil paying down its 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.

American Express Co's net issuance of preferred for the three months ended in Sep. 2015 was $0 Mil. American Express 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.

American Express Co's cash flow for dividends for the three months ended in Sep. 2015 was $-335 Mil. American Express Co spent $335 Mil paying cash dividends to shareholders.

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

American Express Co's other financing for the three months ended in Sep. 2015 was $2,154 Mil. American Express Co received $2,154 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.

American Express Co Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
Net Issuance of Stock -2,890-2,720-4261473-1,706-3,509-3,222-4,0270
Net Issuance of Debt 11,54414,301-3,267-15,074-10,490-6,342-1,157-9251,8780
Net Issuance of Preferred 000000007420
Dividends -661-712-836-924-867-861-902-939-1,0410
Other Financing -1,4154,597-6,29510,7373,4068,2322,3001,1952,4590
Cash from Financing 6,57815,466-10,440-4,647-7,878-677-3,268-3,891110

American Express Co Quarterly Data

Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15
Net Issuance of Stock -1,007-574-728-1,170-1,056-1,073-737-1,091-1,3330
Net Issuance of Debt -174,629-3,5051,1451,4352,803-4,162176-5,4720
Net Issuance of Preferred 000000841000
Dividends -250-246-246-243-281-271-268-265-3350
Other Financing 1,956-1,108918-5475462,2847842,2332,1540
Cash from Financing 6822,701-3,561-8156443,743-3,5421,053-4,9860
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