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Eaton Corp PLC (NYSE:ETN)
Cash from Financing
$-2,239 Mil (TTM As of Sep. 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 Sep. 2015, Eaton Corp PLC paid $284 Mil more to buy back shares than it received from issuing new shares. It spent $137 Mil paying down its debt. It paid $0 Mil more to buy back preferred shares than it received from issuing preferred shares. It spent $257 Mil paying cash dividends to shareholders. It received $1 Mil on other financial activities. In all, Eaton Corp PLC spent $677 Mil on financial activities for the three months ended in Sep. 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 Sep. 2015 is

Cash from Financing(Q: Sep. 2015 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=-284+-137+0+-257+1
=-677

Eaton Corp PLC Cash Flow from Financing for the trailing twelve months (TTM) ended in Sep. 2015 was -650 (Dec. 2014 ) + -127 (Mar. 2015 ) + -785 (Jun. 2015 ) + -677 (Sep. 2015 ) = $-2,239 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 Sep. 2015 was $-284 Mil. Eaton Corp PLC paid $284 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 Sep. 2015 was $-137 Mil. Eaton Corp PLC spent $137 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.

Eaton Corp PLC's net issuance of preferred for the three months ended in Sep. 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 Sep. 2015 was $-257 Mil. Eaton Corp PLC spent $257 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 Sep. 2015 was $1 Mil. Eaton Corp PLC received $1 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

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
Net Issuance of Stock -278-3401,42200-3431590-6500
Net Issuance of Debt 54735667-753-473035,832-1,087-5820
Net Issuance of Preferred 0000000000
Dividends -220-251-320-334-363-462-512-796-9290
Other Financing 2818346261491211147310
Cash from Financing -4163271,815-1,061-261-3815,480-1,736-2,1300

Eaton Corp PLC Quarterly Data

Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15
Net Issuance of Stock 000-99-168-383-1700-2840
Net Issuance of Debt -57-81-257-319-4-2263-530-1370
Net Issuance of Preferred 0000000000
Dividends -200-199-229-238-233-229-251-263-2570
Other Financing 222943213-3631810
Cash from Financing -235-251-443-635-402-650-127-785-6770
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