Cleveland-Cliffs
Cash Flow
Last updated:
Cash flow statement presents a set of outflows and inflows of cash within a company through operating, investing and financing activities. Over the last year, operating activities of Cleveland-Cliffs generated cash of $2,267,000,000, which is less than the previous year. Cash used in financing activities reached the amount of -$1,504,000,000 last year. Net change in cash is therefore $172,000,000.
Cash Flow
| 2014 | 358.9M | -103.6M | -288.3M |
|---|---|---|---|
| 2015 | 26.5M | -91.8M | 61M |
| 2016 | 303M | -57.9M | -206.4M |
| 2017 | 337.9M | -160M | 498.9M |
| 2018 | 478.5M | -273.1M | -375.2M |
| 2019 | 562.5M | -644.4M | -394.1M |
| 2020 | -261M | -2.04B | 2.05B |
| 2021 | 2.78B | -1.37B | -1.47B |
| 2022 | 2.42B | -936M | -1.50B |
| 2023 | 2.26B | -591M | -1.50B |
CLF Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 26M | 48M | 112M | 353M | 823.2M | 978.3M | 323.4M | 285.2M | 290.9M | 335.5M |
Operating activities | ||||||||||
Net income | 450M | 1.37B | 3.03B | -81M | 292.8M | 1.12B | 371M | 199.3M | -748.4M | -8.27B |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 973M | 1.03B | 897M | 308M | 85.1M | 89M | 87.7M | 115.4M | 134M | 504M |
Stock-based compensation expense | 41M | 28M | 18M | 17M | 18M | 0 | 18.2M | 13.6M | 13.9M | 21.5M |
| Deferred income tax benefit | 41M | 28M | 18M | 17M | 18M | 0 | 18.2M | 13.6M | 13.9M | 21.5M |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | 120M | 197M | -374M | -42M | 254.5M | 52.3M | -248.6M | 43.2M | 355.1M | -101.7M |
Inventories | 670M | 64M | -1.37B | -146M | -136.3M | 42.9M | -1.8M | 157.8M | -62M | 37.8M |
Accounts payable | 0 | -197M | 374M | 3M | -80.8M | -1.07B | -1.16B | -73.9M | -227.7M | -40M |
Cash generated by operating activities | 2.26B | 2.42B | 2.78B | -261M | 562.5M | 478.5M | 337.9M | 303M | 26.5M | 358.9M |
Investing activities | ||||||||||
Purchases Of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -646M | -943M | -705M | -525M | -656M | -296.1M | -155.7M | -69.1M | -83.4M | -284.1M |
Acquisitions Net | 0 | -31M | -707M | -1.52B | 0 | 0 | -105M | 3.6M | 0 | 0 |
Cash generated by investing activities | -591M | -936M | -1.37B | -2.04B | -644.4M | -273.1M | -160M | -57.9M | -91.8M | -103.6M |
Financing activities | ||||||||||
Common Stock Issued | 0 | 0 | 322M | 0 | 720.9M | 0 | 661.3M | 287.4M | 0 | 0 |
Payments for dividends | 0 | 0 | 0 | -41M | -116.3M | 0 | -52.9M | -59.9M | -91.8M | -143.7M |
Repurchases of common stock | -152M | -240M | -1.34B | 0 | -252.9M | -47.5M | 0 | 105M | 0 | 0 |
Repayments of term debt | -1.11B | -1.10B | -299M | -1.57B | -15.19M | -234.5M | 50.8M | -506M | 232.2M | -1.25B |
Cash used in financing activities | -1.50B | -1.50B | -1.47B | 2.05B | -394.1M | -375.2M | 498.9M | -206.4M | 61M | -288.3M |
Net Change In Cash | 172M | -22M | -64M | -241M | -470.6M | -155.1M | 684.3M | 38.2M | -5.7M | -44.6M |
Cash at end of period | 198M | 26M | 48M | 112M | 352.6M | 823.2M | 1.00B | 323.4M | 285.2M | 290.9M |
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