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Estee Lauder Cos Inc (NYSE:EL)
Cash from Financing
$-820 Mil (TTM As of Mar. 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 Mar. 2014, Estee Lauder Cos Inc paid $395 Mil more to buy back shares than it received from issuing new shares. It spent $1 Mil paying down its debt. It paid $0 Mil more to buy back preferred shares than it received from issuing preferred shares. It spent $80 Mil paying cash dividends to shareholders. It received $34 Mil on other financial activities. In all, Estee Lauder Cos Inc spent $442 Mil on financial activities for the three months ended in Mar. 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.

Estee Lauder Cos Inc's Cash from Financing for the fiscal year that ended in Jun. 2013 is calculated as:

Cash from Financing(A: Jun. 2013 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=-387.7+58.7+0+-423.4+140.9
=-612

Estee Lauder Cos Inc's Cash from Financing for the quarter that ended in Mar. 2014 is

Cash from Financing(Q: Mar. 2014 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=-395.4+-0.5+0+-79.5+33.8
=-442

Estee Lauder Cos Inc Cash Flow from Financing for the trailing twelve months (TTM) ended in Mar. 2014 was -75 (Jun. 2013 ) + -114.9 (Sep. 2013 ) + -188.2 (Dec. 2013 ) + -441.6 (Mar. 2014 ) = $-820 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.

Estee Lauder Cos Inc's net issuance of stock for the three months ended in Mar. 2014 was $-395 Mil. Estee Lauder Cos Inc paid $395 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.

Estee Lauder Cos Inc's net issuance of debt for the three months ended in Mar. 2014 was $-1 Mil. Estee Lauder Cos Inc spent $1 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.

Estee Lauder Cos Inc's net issuance of preferred for the three months ended in Mar. 2014 was $0 Mil. Estee Lauder Cos 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.

Estee Lauder Cos Inc's cash flow for dividends for the three months ended in Mar. 2014 was $-80 Mil. Estee Lauder Cos Inc spent $80 Mil paying cash dividends to shareholders.

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

Estee Lauder Cos Inc's other financing for the three months ended in Mar. 2014 was $34 Mil. Estee Lauder Cos Inc received $34 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.

Estee Lauder Cos Inc Annual Data

Jun04Jun05Jun06Jun07Jun08Jun09Jun10Jun11Jun12Jun13
Net Issuance of Stock -55-358-333-850-130-63-267-397-593-388
Net Issuance of Debt -100156-18055349194-235-166959
Net Issuance of Preferred 0000000000
Dividends -69-90-85-104-116-117-121-154-209-423
Other Financing 7-84-11118111216253148141
Cash from Financing -216-300-595-412-78126-406-313-585-612

Estee Lauder Cos Inc Quarterly Data

Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14
Net Issuance of Stock -120-28-43-165-161-37-25-60-145-395
Net Issuance of Debt -1-47467-0-5-3-40-1
Net Issuance of Preferred 0000000000
Dividends -2040-5-1-279-71-73-70-79-80
Other Financing 57492928394926183634
Cash from Financing -2671756-71-402-64-75-115-188-442
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