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Walt Disney Co (NYSE:DIS)
Cash from Financing
$-6,710 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, Walt Disney Co paid $1,440 Mil more to buy back shares than it received from issuing new shares. It spent $1,251 Mil paying down its debt. It paid $0 Mil more to buy back preferred shares than it received from issuing preferred shares. It received $0 Mil from paying cash dividends to shareholders. It received $71 Mil on other financial activities. In all, Walt Disney Co spent $2,620 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.

Walt Disney Co's Cash from Financing for the fiscal year that ended in Sep. 2014 is calculated as:

Cash from Financing(A: Sep. 2014 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=-6527+633+0+-1508+692
=-6,710

Walt Disney Co'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
=-1440+-1251+0+0+71
=-2,620

Walt Disney Co Cash Flow from Financing for the trailing twelve months (TTM) ended in Sep. 2014 was -237 (Dec. 2013 ) + -2201 (Mar. 2014 ) + -1652 (Jun. 2014 ) + -2620 (Sep. 2014 ) = $-6,710 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.

Walt Disney Co's net issuance of stock for the three months ended in Sep. 2014 was $-1,440 Mil. Walt Disney Co paid $1,440 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.

Walt Disney Co's net issuance of debt for the three months ended in Sep. 2014 was $-1,251 Mil. Walt Disney Co spent $1,251 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.

Walt Disney Co's net issuance of preferred for the three months ended in Sep. 2014 was $0 Mil. Walt Disney 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.

Walt Disney Co's cash flow for dividends for the three months ended in Sep. 2014 was $0 Mil. Walt Disney Co received $0 Mil from paying cash dividends to shareholders.

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

Walt Disney Co's other financing for the three months ended in Sep. 2014 was $71 Mil. Walt Disney Co received $71 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.

Walt Disney Co Annual Data

Sep05Sep06Sep07Sep08Sep09Sep10Sep11Sep12Sep13Sep14
Net Issuance of Stock -2,026-5,639-5,678-4,453-138-2,669-4,993-3,015-4,087-6,527
Net Issuance of Debt -6999412,696528-1,852-1811,647424379633
Net Issuance of Preferred 0000000000
Dividends -490-519-637-664-648-653-756-1,076-1,324-1,508
Other Financing 318747863686753869682818692
Cash from Financing -2,897-5,143-3,541-3,953-2,552-2,750-3,233-2,985-4,214-6,710

Walt Disney Co Quarterly Data

Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14
Net Issuance of Stock -373-973-1,044-850-800-1,393-1,718-1,536-1,833-1,440
Net Issuance of Debt -883-5973,255-410-1,762-7041,169201514-1,251
Net Issuance of Preferred 0000000000
Dividends 00-1,300-24000-1,50800
Other Financing -198265225458-184319312642-33371
Cash from Financing -1,454-1,3051,136-826-2,746-1,778-237-2,201-1,652-2,620
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