Switch to:
The Hartford Financial Services Group Inc (NYSE:HIG)
Cash Flow from Operations
$2,707 Mil (TTM As of Mar. 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 Mar. 2016, The Hartford Financial Services Group Inc's Net Income From Continuing Operations was $323 Mil. Its DDA was $95 Mil. Its Change In Working Capital was $-276 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 $256 Mil. In all, The Hartford Financial Services Group Inc's Cash Flow from Operations for the three months ended in Mar. 2016 was $398 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.

The Hartford Financial Services Group Inc's Cash Flow from Operations for the fiscal year that ended in Dec. 2015 is calculated as:

The Hartford Financial Services Group Inc's Cash Flow from Operations for the quarter that ended in Mar. 2016 is

The Hartford Financial Services Group Inc Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2016 was 662 (Jun. 2015 ) + 891 (Sep. 2015 ) + 756 (Dec. 2015 ) + 398 (Mar. 2016 ) = $2,707 Mil.

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

The Hartford Financial Services Group Inc's net income from continuing operations for the three months ended in Mar. 2016 was $323 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

The Hartford Financial Services Group Inc's depreciation, depletion and amortization for the three months ended in Mar. 2016 was $95 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.

The Hartford Financial Services Group Inc's change in working capital for the three months ended in Mar. 2016 was $-276 Mil. It means The Hartford Financial Services Group Inc's working capital declined by $276 Mil from Dec. 2015 to Mar. 2016 .

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

The Hartford Financial Services Group Inc's cash flow from deferred tax for the three months ended in Mar. 2016 was $0 Mil.

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

The Hartford Financial Services Group Inc's cash flow from discontinued operations for the three months ended in Mar. 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.

The Hartford Financial Services Group Inc's stock based compensation for the three months ended in Mar. 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).

The Hartford Financial Services Group Inc's cash flow from others for the three months ended in Mar. 2016 was $256 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 own currency.

The Hartford Financial Services Group Inc Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
NetIncomeFromContinuingOperations 2,7452,949-2,749-8871,636712-381767981,682
CF_DDA 606794361470596668467189276373
ChangeInWorkingCapital 2,3822,897-937-343646615-346-1,526-527293
CF_DeferredTax 65761900000000
Cash Flow from Disc. Op. 0000000000
Stock Based Compensation 0000000000
Cash Flow from Others -752-1,2687,5173,7344312792,5982,3981,339408
Cash Flow from Operations 5,6385,9914,1922,9743,3092,2742,6811,2371,8862,756

The Hartford Financial Services Group Inc Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
NetIncomeFromContinuingOperations 314495-467388382467413381421323
CF_DDA 4960092124101727212895
ChangeInWorkingCapital -171-241193-673194-17112128657-276
CF_DeferredTax 0000000000
Cash Flow from Disc. Op. 0000000000
Stock Based Compensation 0000000000
Cash Flow from Others 142354355782915056152150256
Cash Flow from Operations 334349161385991447662891756398
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK