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Consolidated Edison Inc (NYSE:ED)
Cash Flow from Operations
$3,422 Mil (TTM As of Jun. 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 Jun. 2016, Consolidated Edison Inc's Net Income From Continuing Operations was $232 Mil. Its DDA was $302 Mil. Its Change In Working Capital was $620 Mil. Its cash flow from deferred tax was $94 Mil. Its Cash Flow from Discontinued Operations was $0 Mil. Its Stock Based Compensation was $0 Mil. And its Cash Flow from Others was $-141 Mil. In all, Consolidated Edison Inc's Cash Flow from Operations for the three months ended in Jun. 2016 was $1,107 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.

Consolidated Edison Inc's Cash Flow from Operations for the fiscal year that ended in Dec. 2015 is calculated as:

Consolidated Edison Inc's Cash Flow from Operations for the quarter that ended in Jun. 2016 is

Consolidated Edison Inc Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2016 was 713 (Sep. 2015 ) + 1078 (Dec. 2015 ) + 524 (Mar. 2016 ) + 1107 (Jun. 2016 ) = $3,422 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.

Consolidated Edison Inc's net income from continuing operations for the three months ended in Jun. 2016 was $232 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

Consolidated Edison Inc's depreciation, depletion and amortization for the three months ended in Jun. 2016 was $302 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.

Consolidated Edison Inc's change in working capital for the three months ended in Jun. 2016 was $620 Mil. It means Consolidated Edison Inc's working capital increased by $620 Mil from Mar. 2016 to Jun. 2016 .

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

Consolidated Edison Inc's cash flow from deferred tax for the three months ended in Jun. 2016 was $94 Mil.

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

Consolidated Edison Inc's cash flow from discontinued operations for the three months ended in Jun. 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.

Consolidated Edison Inc's stock based compensation for the three months ended in Jun. 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).

Consolidated Edison Inc's cash flow from others for the three months ended in Jun. 2016 was $-141 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.

Consolidated Edison Inc Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
NetIncomeFromContinuingOperations 7379291,1968791,0031,0621,1411,0621,0921,193
CF_DDA 6216677177918408849551,0241,0711,130
ChangeInWorkingCapital -8668-833545-82515-103487-17278
CF_DeferredTax 33833547043665949158440518653
Cash Flow from Disc. Op. 0000000000
Stock Based Compensation 0000000000
Cash Flow from Others -256-444-910-185-3918522-6116723
Cash Flow from Operations 1,3541,5556402,4662,3813,1372,5992,5522,8313,277

Consolidated Edison Inc Quarterly Data

Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16
NetIncomeFromContinuingOperations 36121343682370219428176310232
CF_DDA 261265270275279276285290297302
ChangeInWorkingCapital -608611-519499-256392-288430-291620
CF_DeferredTax 195-33262941782426418717494
Cash Flow from Disc. Op. 0000000000
Stock Based Compensation 0000000000
Cash Flow from Others 15-2345130-121624-534-141
Cash Flow from Operations 2241,0334941,0805599277131,0785241,107
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