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Chevron Corp (NYSE:CVX)
Cash from Financing
$-5,114 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, Chevron Corp paid $1,155 Mil more to buy back shares than it received from issuing new shares. It received $2,164 Mil from issuing more debt. It paid $0 Mil more to buy back preferred shares than it received from issuing preferred shares. It spent $2,028 Mil paying cash dividends to shareholders. It received $0 Mil on other financial activities. In all, Chevron Corp spent $1,019 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.

Chevron Corp'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
=-4494+8246+0+-7573+0
=-3,821

Chevron Corp'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
=-1155+2164+0+-2028+0
=-1,019

Chevron Corp Cash Flow from Financing for the trailing twelve months (TTM) ended in Sep. 2014 was -1263 (Dec. 2013 ) + -461 (Mar. 2014 ) + -2371 (Jun. 2014 ) + -1019 (Sep. 2014 ) = $-5,114 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.

Chevron Corp's net issuance of stock for the three months ended in Sep. 2014 was $-1,155 Mil. Chevron Corp paid $1,155 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.

Chevron Corp's net issuance of debt for the three months ended in Sep. 2014 was $2,164 Mil. Chevron Corp received $2,164 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.

Chevron Corp's net issuance of preferred for the three months ended in Sep. 2014 was $0 Mil. Chevron Corp 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.

Chevron Corp's cash flow for dividends for the three months ended in Sep. 2014 was $-2,028 Mil. Chevron Corp spent $2,028 Mil paying cash dividends to shareholders.

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

Chevron Corp's other financing for the three months ended in Sep. 2014 was $0 Mil. Chevron Corp received $0 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.

Chevron Corp Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
Net Issuance of Stock -1,663-2,737-4,491-6,389-6,821168-306-3,193-4,142-4,494
Net Issuance of Debt -1,284-1,055-2,901-3,0381,6821,659882-2,3692,0478,246
Net Issuance of Preferred 0000000000
Dividends -3,277-3,876-4,396-4,791-5,261-5,373-5,746-6,210-6,885-7,573
Other Financing 00-60-77000000
Cash from Financing -6,224-7,668-11,848-14,295-10,400-3,546-5,170-11,772-8,980-3,821

Chevron Corp Quarterly Data

Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14
Net Issuance of Stock -1,165-801-1,180-1,027-1,001-1,278-1,188-1,190-829-1,155
Net Issuance of Debt 9612,100-1471,9675,826-1,3811,8342,6244792,164
Net Issuance of Preferred 0000000000
Dividends -1,761-1,763-1,763-1,745-1,984-1,935-1,909-1,895-2,021-2,028
Other Financing 0000000000
Cash from Financing -1,965-464-3,090-8052,841-4,594-1,263-461-2,371-1,019
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