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ArcelorMittal SA (NYSE:MT)
Cash from Financing
$-3,895 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, ArcelorMittal SA paid $0 Mil more to buy back shares than it received from issuing new shares. It received $1,286 Mil from issuing more debt. It paid $0 Mil more to buy back preferred shares than it received from issuing preferred shares. It spent $57 Mil paying cash dividends to shareholders. It spent $672 Mil on other financial activities. In all, ArcelorMittal SA earned $557 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.

ArcelorMittal SA's Cash from Financing for the fiscal year that ended in Dec. 2013 is calculated as:

Cash from Financing(A: Dec. 2013 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=1756+-2072+0+-415+972
=241

ArcelorMittal SA's Cash from Financing for the quarter that ended in Mar. 2014 is

ArcelorMittal SA Cash Flow from Financing for the trailing twelve months (TTM) ended in Mar. 2014 was -2796 (Jun. 2013 ) + -1440 (Sep. 2013 ) + -216 (Dec. 2013 ) + 557 (Mar. 2014 ) = $-3,895 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.

ArcelorMittal SA's net issuance of stock for the three months ended in Mar. 2014 was $0 Mil. ArcelorMittal SA paid $0 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.

ArcelorMittal SA's net issuance of debt for the three months ended in Mar. 2014 was $1,286 Mil. ArcelorMittal SA received $1,286 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.

ArcelorMittal SA's net issuance of preferred for the three months ended in Mar. 2014 was $0 Mil. ArcelorMittal SA 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.

ArcelorMittal SA's cash flow for dividends for the three months ended in Mar. 2014 was $-57 Mil. ArcelorMittal SA spent $57 Mil paying cash dividends to shareholders.

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

ArcelorMittal SA's other financing for the three months ended in Mar. 2014 was $-672 Mil. ArcelorMittal SA spent $672 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.

ArcelorMittal SA Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
Net Issuance of Stock -4538-2,498-4,4403,1531,363001,756
Net Issuance of Debt -1,3605,4496,1431,4354,873-7,8211,992772-311-2,072
Net Issuance of Preferred 0000000000
Dividends -713-2,092-660-2,269-2,576-1,334-1,257-1,194-1,191-415
Other Financing 0-11-46-8511-345-2,105-133483972
Cash from Financing -2,1183,3495,445-3,417-2,132-6,347-7-555-1,019241

ArcelorMittal SA Quarterly Data

Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14
Net Issuance of Stock 000000001,7560
Net Issuance of Debt -5811,733-1,416562-1,190-21-3,047-1,0452,0411,286
Net Issuance of Preferred 0000000000
Dividends -289-294-294-297-306-34-3-364-14-57
Other Financing -297-34-34-225734,748254-31-3,999-672
Cash from Financing -1,1671,405-1,744243-9234,693-2,796-1,440-216557
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