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Eaton Corp PLC (NYSE:ETN)
Cash from Financing
$-1,814 Mil (TTM As of Mar. 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 Mar. 2015, Eaton Corp PLC paid $170 Mil more to buy back shares than it received from issuing new shares. It received $263 Mil from issuing more debt. It paid $0 Mil more to buy back preferred shares than it received from issuing preferred shares. It spent $251 Mil paying cash dividends to shareholders. It received $31 Mil on other financial activities. In all, Eaton Corp PLC spent $127 Mil on financial activities for the three months ended in Mar. 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.

Eaton Corp PLC'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
=-650+-582+0+-929+31
=-2,130

Eaton Corp PLC's Cash from Financing for the quarter that ended in Mar. 2015 is

Cash from Financing(Q: Mar. 2015 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=-170+263+0+-251+31
=-127

Eaton Corp PLC Cash Flow from Financing for the trailing twelve months (TTM) ended in Mar. 2015 was -635 (Jun. 2014 ) + -402 (Sep. 2014 ) + -650 (Dec. 2014 ) + -127 (Mar. 2015 ) = $-1,814 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.

Eaton Corp PLC's net issuance of stock for the three months ended in Mar. 2015 was $-170 Mil. Eaton Corp PLC paid $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.

Eaton Corp PLC's net issuance of debt for the three months ended in Mar. 2015 was $263 Mil. Eaton Corp PLC received $263 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.

Eaton Corp PLC's net issuance of preferred for the three months ended in Mar. 2015 was $0 Mil. Eaton Corp PLC 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.

Eaton Corp PLC's cash flow for dividends for the three months ended in Mar. 2015 was $-251 Mil. Eaton Corp PLC spent $251 Mil paying cash dividends to shareholders.

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

Eaton Corp PLC's other financing for the three months ended in Mar. 2015 was $31 Mil. Eaton Corp PLC received $31 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.

Eaton Corp PLC Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
Net Issuance of Stock -382-278-3401,42200-3431590-650
Net Issuance of Debt 72254735667-753-473035,832-1,087-582
Net Issuance of Preferred 0000000000
Dividends -184-220-251-320-334-363-462-512-796-929
Other Financing 2281834626149121114731
Cash from Financing 158-4163271,815-1,061-261-3815,480-1,736-2,130

Eaton Corp PLC Quarterly Data

Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15
Net Issuance of Stock 000000-99-168-383-170
Net Issuance of Debt 5,553-687-262-57-81-257-319-4-2263
Net Issuance of Preferred 0000000000
Dividends -128-194-203-200-199-229-238-233-229-251
Other Financing 1517125222943213-3631
Cash from Financing 5,576-810-440-235-251-443-635-402-650-127
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