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Ball Corp (NYSE:BLL)
Cash Flow from Operations
$194 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, Ball Corp's Net Income From Continuing Operations was $53 Mil. Its DDA was $154 Mil. Its Change In Working Capital was $654 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 $-234 Mil. In all, Ball Corp's Cash Flow from Operations for the three months ended in Dec. 2016 was $627 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.

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

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

Ball Corp Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2016 was -386 (Mar. 2016 ) + 422 (Jun. 2016 ) + -469 (Sep. 2016 ) + 627 (Dec. 2016 ) = $194 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.

Ball Corp's net income from continuing operations for the three months ended in Dec. 2016 was $53 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

Ball Corp's depreciation, depletion and amortization for the three months ended in Dec. 2016 was $154 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.

Ball Corp's change in working capital for the three months ended in Dec. 2016 was $654 Mil. It means Ball Corp's working capital increased by $654 Mil from Sep. 2016 to Dec. 2016 .

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

Ball 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.

Ball 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.

Ball 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).

Ball Corp's cash flow from others for the three months ended in Dec. 2016 was $-234 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.

Ball Corp Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
NetIncomeFromContinuingOperations 281320391549469422435498303266
CF_DDA 281297243266301283300281286453
ChangeInWorkingCapital 35-5-118-277645564167140-509
CF_DeferredTax -2120-24-2928140000
Cash Flow from Disc. Op. 0000000000
Stock Based Compensation 0000000000
Cash Flow from Others 97-469787804166278-16
Cash Flow from Operations 6736285605159488538391,0121,007194

Ball Corp Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
NetIncomeFromContinuingOperations 14888281605065-127338253
CF_DDA 7171687173747578146154
ChangeInWorkingCapital 232144-314159140155-561121-723654
CF_DeferredTax 0000000000
Cash Flow from Disc. Op. 0000000000
Stock Based Compensation 0000000000
Cash Flow from Others -1159372123116227-115106-234
Cash Flow from Operations 440362-181392386410-386422-469627
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