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Boston Scientific Corp (NYSE:BSX)
Cash Flow from Operations
$972 Mil (TTM As of Dec. 2016)

Cash flow from operations refers to the cash brought in through a company’'s normal business operations. It is the cash flow before any investment or financing activities. It is the cash version of net income.

For the three months ended in Dec. 2016, Boston Scientific Corp's Net Income From Continuing Operations was $124 Mil. Its DDA was $137 Mil. Its Change In Working Capital was $0 Mil. Its cash flow from deferred tax was $0 Mil. Its Cash Flow from Discontinued Operations was $0 Mil. Its Stock Based Compensation was $0 Mil. And its Cash Flow from Others was $205 Mil. In all, Boston Scientific Corp's Cash Flow from Operations for the three months ended in Dec. 2016 was $466 Mil.


Definition

Cash flow from operations refers to the cash brought in through a company’'s normal business operations. It is the cash flow before any investment or financing activities. It is the cash version of net income.

Boston Scientific Corp's Cash Flow from Operations for the fiscal year that ended in Dec. 2016 is calculated as:

Boston Scientific Corp's Cash Flow from Operations for the quarter that ended in Dec. 2016 is

Boston Scientific Corp Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2016 was 116 (Mar. 2016 ) + 421 (Jun. 2016 ) + -31 (Sep. 2016 ) + 466 (Dec. 2016 ) = $972 Mil.

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


Explanation

Cash flow from operations contains six items:

1. Net Income From Continuing Operations:
Net Income From Continuing Operations indicates the net income that a firm brings in from ongoing business activities. These activities are expected to continue into the next reporting period. It excludes extraordinary items, income from the cumulative effects of accounting changes, non-recurring items, income from tax loss carry forward, and preferred dividends.

Boston Scientific Corp's net income from continuing operations for the three months ended in Dec. 2016 was $124 Mil.

2. Depreciation, Depletion and Amortization:
Depreciation is a present expense that accounts for the past cost of an asset that is now providing benefits.
Depletion and amortization are synonyms for depreciation.
Generally:
• The term “depreciation” is used when discussing man made tangible assets
• The term “depletion” is used when discussing natural tangible assets
• The term “amortization” is used when discussing intangible assets

Boston Scientific Corp's depreciation, depletion and amortization for the three months ended in Dec. 2016 was $137 Mil.

3. Change In Working Capital:
Working Capital is a measure of a company's short term liquidity or its ability to cover short term liabilities. It is defined as the difference between a company's current assets and current liabilities. Changes in Working Capital is reported in the cash flow statement since it is one of the major ways in which net income can differ from operating cash flow.

Boston Scientific Corp's change in working capital for the three months ended in Dec. 2016 was $0 Mil. It means Boston Scientific Corp's working capital stayed the same from Sep. 2016 to Dec. 2016 .

4. Deferred Tax:
It is the cash flow generated from deferred tax.

Boston Scientific Corp's cash flow from deferred tax for the three months ended in Dec. 2016 was $0 Mil.

5. Cash Flow from Discontinued Operations:
Cash received by a company that comes from the sale of part of business.

Boston Scientific Corp's cash flow from discontinued operations for the three months ended in Dec. 2016 was $0 Mil.

6. Stock Based Compensation:
It is a way corporations use stock options to reward employees. It provides executives and employees the opportunity to share in the growth of the company and, if structured properly, can align their interests with the interests of the company's shareholders and investors, without burning the company's cash on hand.

Boston Scientific Corp's stock based compensation for the three months ended in Dec. 2016 was $0 Mil.

7. Cash Flow from Others:
These are cash differences caused by the change of inventory, accounts payable, accounts receivable etc. For instance, if a company pays its suppliers slower, its cash position will build up faster. If a company receives payments from its customers slower, its account receivables will rise, and its cash position will grow more slowly (or even shrink).

Boston Scientific Corp's cash flow from others for the three months ended in Dec. 2016 was $205 Mil.


Related Terms

Net Income From Continuing Operations, Depreciation, Depletion and Amortization, Change In Working Capital, Cash Flow from Discontinued Operations, Stock Based Compensation, Cash Flow from Others, Cash Flow from Investing


Historical Data

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

Boston Scientific Corp Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
NetIncomeFromContinuingOperations -495-2,036-1,025-1,065441-4,068-121-119-239347
CF_DDA 918864834816717683689725769815
ChangeInWorkingCapital 47-77925-1,373-237304183962280-4
CF_DeferredTax -386-334-64-11046-166-223-397-532-305
Cash Flow from Disc. Op. 0000000000
Stock Based Compensation 122138144150128108105103107116
Cash Flow from Others 7282,661211,907-874,419477-52153
Cash Flow from Operations 9341,2168353251,0081,2801,1101,269600972

Boston Scientific Corp Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
NetIncomeFromContinuingOperations 43-299-1102-198-142202-207228124
CF_DDA 109111113116131134136135136137
ChangeInWorkingCapital 0000000000
CF_DeferredTax 0000000000
Cash Flow from Disc. Op. 0000000000
Stock Based Compensation 0000000000
Cash Flow from Others 194628-309-158475337-222493-395205
Cash Flow from Operations 346440-19760408329116421-31466
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