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United States Steel Corp (NYSE:X)
Cash Flow from Operations
$354 Mil (TTM As of Jun. 2015)

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 Jun. 2015, United States Steel Corp's Net Income From Continuing Operations was $-261 Mil. Its DDA was $138 Mil. Its Change In Working Capital was $130 Mil. Its cash flow from deferred tax was $-179 Mil. Its Cash Flow from Discontinued Operations was $0 Mil. Its Stock Based Compensation was $0 Mil. And its Cash Flow from Others was $251 Mil. In all, United States Steel Corp's Cash Flow from Operations for the three months ended in Jun. 2015 was $79 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.

United States Steel Corp's Cash Flow from Operations for the fiscal year that ended in Dec. 2014 is calculated as:

United States Steel Corp's Cash Flow from Operations for the quarter that ended in Jun. 2015 is

United States Steel Corp Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2015 was -106 (Sep. 2014 ) + 245 (Dec. 2014 ) + 136 (Mar. 2015 ) + 79 (Jun. 2015 ) = $354 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.

United States Steel Corp's net income from continuing operations for the three months ended in Jun. 2015 was $-261 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

United States Steel Corp's depreciation, depletion and amortization for the three months ended in Jun. 2015 was $138 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.

United States Steel Corp's change in working capital for the three months ended in Jun. 2015 was $130 Mil. It means United States Steel Corp's working capital increased by $130 Mil from Mar. 2015 to Jun. 2015 .

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

United States Steel Corp's cash flow from deferred tax for the three months ended in Jun. 2015 was $-179 Mil.

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

United States Steel Corp's cash flow from discontinued operations for the three months ended in Jun. 2015 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.

United States Steel Corp's stock based compensation for the three months ended in Jun. 2015 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).

United States Steel Corp's cash flow from others for the three months ended in Jun. 2015 was $251 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.

United States Steel Corp Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
NetIncomeFromContinuingOperations 9101,3748902,154-1,406-482-53-125-1,672102
CF_DDA 366441506605661658681661684627
ChangeInWorkingCapital 443074-6271,267-701-419352-335235
CF_DeferredTax 057182366-156155-6874-35976
Cash Flow from Disc. Op. 0000000000
Stock Based Compensation 0000000000
Cash Flow from Others -102-22180-840-427-9271732,096452
Cash Flow from Operations 1,2181,6811,7321,658-61-3791681,1354141,492

United States Steel Corp Quarterly Data

Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15
NetIncomeFromContinuingOperations -73-78-1,79127052-18-207275-75-261
CF_DDA 171170173170166165158138144138
ChangeInWorkingCapital 115440-494391639-501-294125130
CF_DeferredTax 4-65-362412-1070-166-179
Cash Flow from Disc. Op. 0000000000
Stock Based Compensation 0000000000
Cash Flow from Others 16211,650409-43-1545456108251
Cash Flow from Operations 23315137-7570783-10624513679
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