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American Express Co (NYSE:AXP)
Cash from Financing
$-993 Mil (TTM As of Jun. 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 Jun. 2014, American Express Co paid $1,170 Mil more to buy back shares than it received from issuing new shares. It received $1,145 Mil from issuing more debt. It paid $0 Mil more to buy back preferred shares than it received from issuing preferred shares. It spent $243 Mil paying cash dividends to shareholders. It spent $547 Mil on other financial activities. In all, American Express Co spent $815 Mil on financial activities for the three months ended in Jun. 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.

American Express Co'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
=-3222+-925+0+-939+1195
=-3,891

American Express Co's Cash from Financing for the quarter that ended in Jun. 2014 is

Cash from Financing(Q: Jun. 2014 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=-1170+1145+0+-243+-547
=-815

American Express Co Cash Flow from Financing for the trailing twelve months (TTM) ended in Jun. 2014 was 682 (Sep. 2013 ) + 2701 (Dec. 2013 ) + -3561 (Mar. 2014 ) + -815 (Jun. 2014 ) = $-993 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 Jun. 2014 was $-1,170 Mil. American Express Co paid $1,170 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 Jun. 2014 was $1,145 Mil. American Express Co received $1,145 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.

American Express Co's net issuance of preferred for the three months ended in Jun. 2014 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 Jun. 2014 was $-243 Mil. American Express Co spent $243 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 Jun. 2014 was $-547 Mil. American Express Co spent $547 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

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
Net Issuance of Stock -2,523-724-2,890-2,720-4261473-1,706-3,509-3,222
Net Issuance of Debt 7,094-43011,54414,301-3,267-15,074-10,490-6,342-1,157-925
Net Issuance of Preferred 0000000000
Dividends -535-597-661-712-836-924-867-861-902-939
Other Financing 2,1408,214-1,4154,597-6,29510,7373,4068,2322,3001,195
Cash from Financing 6,1766,4636,57815,466-10,440-4,647-7,878-677-3,268-3,891

American Express Co Quarterly Data

Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14
Net Issuance of Stock 60-1,640-980-949-512-1,129-1,007-574-728-1,170
Net Issuance of Debt -3,432-8253252,775-2,237-3,300-174,629-3,5051,145
Net Issuance of Preferred 0000000000
Dividends -211-235-229-227-222-221-250-246-246-243
Other Financing 267-1,7701,1872,6161,141-7941,956-1,108918-547
Cash from Financing -3,316-4,4703034,215-1,830-5,4446822,701-3,561-815
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