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Western Union Co (NYSE:WU)
Cash from Financing
$-821 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, Western Union Co paid $147 Mil more to buy back shares than it received from issuing new shares. It received $0 Mil from issuing more debt. It paid $0 Mil more to buy back preferred shares than it received from issuing preferred shares. It spent $81 Mil paying cash dividends to shareholders. It received $32 Mil on other financial activities. In all, Western Union Co spent $195 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.

Western Union Co'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
=-495.4+-500+0+-265.2+14.2
=-1,246

Western Union Co'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
=-147.1+0+0+-80.5+32.3
=-195

Western Union Co Cash Flow from Financing for the trailing twelve months (TTM) ended in Mar. 2015 was -291.5 (Jun. 2014 ) + -229.5 (Sep. 2014 ) + -105.1 (Dec. 2014 ) + -195.3 (Mar. 2015 ) = $-821 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.

Western Union Co's net issuance of stock for the three months ended in Mar. 2015 was $-147 Mil. Western Union Co paid $147 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.

Western Union Co's net issuance of debt for the three months ended in Mar. 2015 was $0 Mil. Western Union Co received $0 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.

Western Union Co's net issuance of preferred for the three months ended in Mar. 2015 was $0 Mil. Western Union Co 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.

Western Union Co's cash flow for dividends for the three months ended in Mar. 2015 was $-81 Mil. Western Union Co spent $81 Mil paying cash dividends to shareholders.

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

Western Union Co's other financing for the three months ended in Mar. 2015 was $32 Mil. Western Union Co received $32 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.

Western Union Co Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
Net Issuance of Stock 061-511-1,315-400-581-804-767-400-495
Net Issuance of Debt -4862,92811-255-86247297446197-500
Net Issuance of Preferred 0000000000
Dividends -417-2,962-30-28-41-165-194-254-277-265
Other Financing 369160-03012342100532914
Cash from Financing -534187-530-1,298-504-458-601-522-451-1,246

Western Union Co Quarterly Data

Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15
Net Issuance of Stock -350-190-126-24-59-186-132-132-45-147
Net Issuance of Debt 593-3000249248-370-95-3500
Net Issuance of Preferred 0000000000
Dividends -132-70-69-69-69-68-67-66-65-81
Other Financing 122187333632
Cash from Financing 112-559-193173128-620-292-230-105-195
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