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WellPoint Inc (NYSE:WLP)
Cash from Financing
\$-2,019 Mil (TTM As of Sep. 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 Sep. 2014, WellPoint Inc paid \$579 Mil more to buy back shares than it received from issuing new shares. It received \$289 Mil from issuing more debt. It paid \$0 Mil more to buy back preferred shares than it received from issuing preferred shares. It spent \$119 Mil paying cash dividends to shareholders. It spent \$152 Mil on other financial activities. In all, WellPoint Inc spent \$561 Mil on financial activities for the three months ended in Sep. 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.

WellPoint Inc'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 = -1620.1 + -583.7 + 0 + -448 + 934 = -1,718

WellPoint Inc's Cash from Financing for the quarter that ended in Sep. 2014 is

 Cash from Financing (Q: Sep. 2014 ) = Net Issuance of Stock + Net Issuance of Debt + Net Issuance of Preferred + Dividends + Other Financing = -578.6 + 288.9 + 0 + -119.2 + -152 = -561

WellPoint Inc Cash Flow from Financing for the trailing twelve months (TTM) ended in Sep. 2014 was -725.8 (Dec. 2013 ) + -258.6 (Mar. 2014 ) + -474.1 (Jun. 2014 ) + -560.9 (Sep. 2014 ) = \$-2,019 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.

WellPoint Inc's net issuance of stock for the three months ended in Sep. 2014 was \$-579 Mil. WellPoint Inc paid \$579 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.

WellPoint Inc's net issuance of debt for the three months ended in Sep. 2014 was \$289 Mil. WellPoint Inc received \$289 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.

WellPoint Inc's net issuance of preferred for the three months ended in Sep. 2014 was \$0 Mil. WellPoint Inc 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.

WellPoint Inc's cash flow for dividends for the three months ended in Sep. 2014 was \$-119 Mil. WellPoint Inc spent \$119 Mil paying cash dividends to shareholders.

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

WellPoint Inc's other financing for the three months ended in Sep. 2014 was \$-152 Mil. WellPoint Inc spent \$152 Mil on other financial activities.

Related Terms

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

WellPoint Inc Annual Data

 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Net Issuance of Stock 307 -337 -4,550 -5,367 -3,276 -2,638 -4,360 -3,040 -2,497 -1,620 Net Issuance of Debt 0 0 0 0 -597 -901 1,019 1,120 5,121 -584 Net Issuance of Preferred 0 0 0 0 0 0 0 0 0 0 Dividends 0 0 0 0 0 0 0 -358 -367 -448 Other Financing 1,757 2,784 825 1,957 137 136 172 258 -168 934 Cash from Financing 2,063 2,447 -3,725 -3,410 -3,736 -3,403 -3,169 -2,019 2,089 -1,718

WellPoint Inc Quarterly Data

 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Net Issuance of Stock -494 -655 -668 -340 -275 -555 -450 -1,263 -814 -579 Net Issuance of Debt 1,627 2,469 1,315 -166 280 -269 -428 620 -221 289 Net Issuance of Preferred 0 0 0 0 0 0 0 0 0 0 Dividends -94 -91 -87 -113 -113 -111 -111 -123 -121 -119 Other Financing 102 -157 -12 41 232 398 263 507 681 -152 Cash from Financing 1,142 1,566 548 -579 124 -537 -726 -259 -474 -561
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