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Energy Transfer Partners LP (NYSE:ETP)
Cash from Financing
$3,772 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, Energy Transfer Partners LP received $135 Mil more from issuing new shares than it paid to buy back shares. It received $1,375 Mil from issuing more debt. It paid $0 Mil more to buy back preferred shares than it received from issuing preferred shares. It spent $558 Mil paying cash dividends to shareholders. It received $803 Mil on other financial activities. In all, Energy Transfer Partners LP earned $1,755 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.

Energy Transfer Partners LP'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
=1382+1686+0+-2326+1388
=2,130

Energy Transfer Partners LP'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
=135+1375+0+-558+803
=1,755

Energy Transfer Partners LP Cash Flow from Financing for the trailing twelve months (TTM) ended in Mar. 2015 was -103 (Jun. 2014 ) + 1341 (Sep. 2014 ) + 779 (Dec. 2014 ) + 1755 (Mar. 2015 ) = $3,772 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.

Energy Transfer Partners LP's net issuance of stock for the three months ended in Mar. 2015 was $135 Mil. Energy Transfer Partners LP received $135 Mil more from issuing new shares than it paid to buy back 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.

Energy Transfer Partners LP's net issuance of debt for the three months ended in Mar. 2015 was $1,375 Mil. Energy Transfer Partners LP received $1,375 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.

Energy Transfer Partners LP's net issuance of preferred for the three months ended in Mar. 2015 was $0 Mil. Energy Transfer Partners LP 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.

Energy Transfer Partners LP's cash flow for dividends for the three months ended in Mar. 2015 was $-558 Mil. Energy Transfer Partners LP spent $558 Mil paying cash dividends to shareholders.

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

Energy Transfer Partners LP's other financing for the three months ended in Mar. 2015 was $803 Mil. Energy Transfer Partners LP received $803 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.

Energy Transfer Partners LP Annual Data

Aug05Aug06Aug07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
Net Issuance of Stock 5081351,22489401,1461,4677911,6111,382
Net Issuance of Debt 6169124971,3165201931,3771,8319851,686
Net Issuance of Preferred 0000000000
Dividends -207-344-623-879-957-1,066-558-1,576-2,184-2,326
Other Financing -9-2-11348-80-20245-871,388
Cash from Financing 9087021,0887934952732,2661,2913252,130

Energy Transfer Partners LP Quarterly Data

Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15
Net Issuance of Stock 19192898211310142342642256135
Net Issuance of Debt 879728400-469326485-367794581,375
Net Issuance of Preferred 0000000000
Dividends -556-523-5970-2,184-481-6190-2,326-558
Other Financing 6426-139-4901,636-33210-802,391803
Cash from Financing 406423562-74888113-1031,3417791,755
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