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Otis Worldwide Cash Flow from Financing

: $-1,028 Mil (TTM As of Sep. 2020)
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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. 2020, Otis Worldwide paid $0 Mil more to buy back shares than it received from issuing new shares. It spent $241 Mil paying down its debt. It paid $0 Mil more to buy back preferred shares than it received from issuing preferred shares. It received $0 Mil from paying cash dividends to shareholders. It spent $168 Mil on other financial activities. In all, Otis Worldwide spent $409 Mil on financial activities for the three months ended in Sep. 2020.


Otis Worldwide Cash Flow from Financing Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Otis Worldwide Annual Data
Dec17 Dec18 Dec19
Cash Flow from Financing -1,404.00 -1,497.00 -1,133.00

Otis Worldwide Quarterly Data
Dec17 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
Cash Flow from Financing Premium Member Only Premium Member Only Premium Member Only Premium Member Only -341.00 -439.00 -256.00 76.00 -409.00

Otis Worldwide Cash Flow from Financing Calculation

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.

Otis Worldwide's Cash from Financing for the fiscal year that ended in Dec. 2019 is calculated as:

Otis Worldwide's Cash from Financing for the quarter that ended in Sep. 2020 is:


Cash Flow from Financing for the trailing twelve months (TTM) ended in Sep. 2020 was -439 (Dec. 2019 ) + -256 (Mar. 2020 ) + 76 (Jun. 2020 ) + -409 (Sep. 2020 ) = $-1,028 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Otis Worldwide  (NYSE:OTIS) Cash Flow from Financing Explanation

Cash from financing contains six items:

1. Issuance of Stock:
A company may raise cash from issuing new shares. Issuance of stock represents the cash inflow from offering common stock, which is the additional capital contribution to the entity during the period.

Otis Worldwide's issuance of stock for the three months ended in Sep. 2020 was $0 Mil.

2. Repurchase of Stock:
A company may raise cash from issuing new shares. It can also use cash to buy back shares. Repurchase of stock represents the cash outflow to reacquire common stock during the period.

Otis Worldwide's repurchase of stock for the three months ended in Sep. 2020 was $0 Mil.

3. 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.

Otis Worldwide's net issuance of debt for the three months ended in Sep. 2020 was $-241 Mil. Otis Worldwide spent $241 Mil paying down its debt.

4. Net Issuance of Preferred Stock:
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.

Otis Worldwide's net issuance of preferred for the three months ended in Sep. 2020 was $0 Mil. Otis Worldwide paid $0 Mil more to buy back preferred shares than it received from issuing preferred shares.

5. Cash Flow for Dividends:
Cash flow for dividends refers to the payment of cash to shareholders as dividends when the company generates income.

Otis Worldwide's cash flow for dividends for the three months ended in Sep. 2020 was $0 Mil. Otis Worldwide received $0 Mil from paying cash dividends to shareholders.

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

Otis Worldwide's other financing for the three months ended in Sep. 2020 was $-168 Mil. Otis Worldwide spent $168 Mil on other financial activities.


Otis Worldwide Cash Flow from Financing Related Terms


Otis Worldwide Cash Flow from Financing Headlines

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