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Northern Trust Corp (NAS:NTRS)
Cash from Financing
$10,729 Mil (TTM As of Mar. 2016)

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. 2016, Northern Trust Corp paid $140 Mil more to buy back shares than it received from issuing new shares. It spent $29 Mil paying down its debt. It paid $0 Mil more to buy back preferred shares than it received from issuing preferred shares. It spent $89 Mil paying cash dividends to shareholders. It received $261 Mil on other financial activities. In all, Northern Trust Corp earned $3 Mil on financial activities for the three months ended in Mar. 2016.


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.

Northern Trust Corp's Cash from Financing for the fiscal year that ended in Dec. 2015 is calculated as:

Cash from Financing(A: Dec. 2015 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=-496.9+2081.8+0+-348.4+7297.6
=8,534

Northern Trust Corp's Cash from Financing for the quarter that ended in Mar. 2016 is

Cash from Financing(Q: Mar. 2016 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=-140.3+-28.5+0+-88.7+260.9
=3

Northern Trust Corp Cash Flow from Financing for the trailing twelve months (TTM) ended in Mar. 2016 was 12421.2 (Jun. 2015 ) + 1339.5 (Sep. 2015 ) + -3035.3 (Dec. 2015 ) + 3.4 (Mar. 2016 ) = $10,729 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.

Northern Trust Corp's net issuance of stock for the three months ended in Mar. 2016 was $-140 Mil. Northern Trust Corp paid $140 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.

Northern Trust Corp's net issuance of debt for the three months ended in Mar. 2016 was $-29 Mil. Northern Trust Corp spent $29 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.

Northern Trust Corp's net issuance of preferred for the three months ended in Mar. 2016 was $0 Mil. Northern Trust Corp 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.

Northern Trust Corp's cash flow for dividends for the three months ended in Mar. 2016 was $-89 Mil. Northern Trust Corp spent $89 Mil paying cash dividends to shareholders.

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

Northern Trust Corp's other financing for the three months ended in Mar. 2016 was $261 Mil. Northern Trust Corp received $261 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.

Northern Trust Corp Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
Net Issuance of Stock -43-81,670736-6-79-162-310-481-497
Net Issuance of Debt 1,852-1,837-292212-349250-8591,204-8042,082
Net Issuance of Preferred 001,576-1,57600003890
Dividends -201-220-248-307-273-274-354-221-303-348
Other Financing 5,1997,5259,6701,3551,77315,907-1,6973,7148,2737,298
Cash from Financing 6,8075,46012,3764211,14515,804-3,0734,3887,0748,534

Northern Trust Corp Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
Net Issuance of Stock -123-163-75-77-166-107-97-141-153-140
Net Issuance of Debt 625-1,006-1,2421,642-199834483800-35-29
Net Issuance of Preferred 0000000000
Dividends -74-75-75-76-78-87-83-90-89-89
Other Financing 6,3862,0322,8183,78725-2,83212,118770-2,759261
Cash from Financing 6,8147881,4275,276-417-2,19112,4211,340-3,0353
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