Switch to:
Plains All American Pipeline LP (NYSE:PAA)
Cash from Financing
$1,958 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, Plains All American Pipeline LP received $1,099 Mil more from issuing new shares than it paid to buy back shares. It spent $734 Mil paying down its debt. It paid $0 Mil more to buy back preferred shares than it received from issuing preferred shares. It spent $391 Mil paying cash dividends to shareholders. It received $20 Mil on other financial activities. In all, Plains All American Pipeline LP spent $6 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.

Plains All American Pipeline 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
=848+2229+0+-1410+-10
=1,657

Plains All American Pipeline 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
=1099+-734+0+-391+20
=-6

Plains All American Pipeline LP Cash Flow from Financing for the trailing twelve months (TTM) ended in Mar. 2015 was 431 (Jun. 2014 ) + 256 (Sep. 2014 ) + 1277 (Dec. 2014 ) + -6 (Mar. 2015 ) = $1,958 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.

Plains All American Pipeline LP's net issuance of stock for the three months ended in Mar. 2015 was $1,099 Mil. Plains All American Pipeline LP received $1,099 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.

Plains All American Pipeline LP's net issuance of debt for the three months ended in Mar. 2015 was $-734 Mil. Plains All American Pipeline LP spent $734 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.

Plains All American Pipeline LP's net issuance of preferred for the three months ended in Mar. 2015 was $0 Mil. Plains All American Pipeline 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.

Plains All American Pipeline LP's cash flow for dividends for the three months ended in Mar. 2015 was $-391 Mil. Plains All American Pipeline LP spent $391 Mil paying cash dividends to shareholders.

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

Plains All American Pipeline LP's other financing for the three months ended in Mar. 2015 was $20 Mil. Plains All American Pipeline LP received $20 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.

Plains All American Pipeline LP Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
Net Issuance of Stock 264643383315458296889979505848
Net Issuance of Debt 2121,563-54687471734-7592,2074252,229
Net Issuance of Preferred 0000000000
Dividends -197-263-451-532-2-692-831-1,017-1,209-1,410
Other Financing -8-16-2-6-615266356-18-2-10
Cash from Financing 2711,927-124464312604-3452,151-2811,657

Plains All American Pipeline LP Quarterly Data

Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15
Net Issuance of Stock 16713123071731483052021931,099
Net Issuance of Debt 761-380194421190-1284824101,465-734
Net Issuance of Preferred 0000000000
Dividends -271-286-297-309-317-329-344-361-376-391
Other Financing -70-2-15152-125-520
Cash from Financing 650-535125168-39-3074312561,277-6
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GuruFocus Premium Plus Membership

FEEDBACK