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Micron Technology Inc (NAS:MU)
Cash Flow from Operations
$5,069 Mil (TTM As of May. 2014)

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 May. 2014, Micron Technology Inc's Net Income From Continuing Operations was $806 Mil. Its DDA was $542 Mil. Its Change In Working Capital was $118 Mil. Its cash flow from deferred tax was $0 Mil. Its Cash Flow from Discontinued Operations was $0 Mil. And its Cash Flow from Others was $-11 Mil. In all, Micron Technology Inc's Cash Flow from Operations for the three months ended in May. 2014 was $1,455 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.

Micron Technology Inc's Cash Flow from Operations for the fiscal year that ended in Aug. 2013 is calculated as:

Micron Technology Inc's Cash Flow from Operations for the quarter that ended in May. 2014 is

Micron Technology Inc Cash Flow from Operations for the trailing twelve months (TTM) ended in May. 2014 was 717 (Aug. 2013 ) + 1507 (Nov. 2013 ) + 1390 (Feb. 2014 ) + 1455 (May. 2014 ) = $5,069 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.

Micron Technology Inc's net income from continuing operations for the three months ended in May. 2014 was $806 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

Micron Technology Inc's depreciation, depletion and amortization for the three months ended in May. 2014 was $542 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.

Micron Technology Inc's change in working capital for the three months ended in May. 2014 was $118 Mil. It means Micron Technology Inc's working capital increased by $118 Mil from Feb. 2014 to May. 2014 .

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

Micron Technology Inc's cash flow from deferred tax for the three months ended in May. 2014 was $0 Mil.

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

Micron Technology Inc's cash flow from discontinued operations for the three months ended in May. 2014 was $0 Mil.

6. 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).

Micron Technology Inc's cash flow from others for the three months ended in May. 2014 was $-11 Mil.


Related Terms

Net Income From Continuing Operations, Depreciation, Depletion and Amortization, Change In Working Capital, Cash Flow from Discontinued Operations, 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.

Micron Technology Inc Annual Data

Aug04Aug05Aug06Aug07Aug08Aug09Aug10Aug11Aug12Aug13
NetIncomeFromContinuingOperations 157188408-320-1,619-1,9931,900190-1,0311,194
CF_DDA 1,2181,2651,2811,7182,0602,1861,9222,1052,1411,804
ChangeInWorkingCapital -234-191305-591-168-105-544-138615-320
CF_DeferredTax 58-10-24-11000000
Cash Flow from Disc. Op. 0000000000
Cash Flow from Others -40-14491417451,118-182327389-867
Cash Flow from Operations 1,1591,2382,0199371,0181,2063,0962,4842,1141,811

Micron Technology Inc Quarterly Data

Feb12May12Aug12Nov12Feb13May13Aug13Nov13Feb14May14
NetIncomeFromContinuingOperations -282-320-242-275-284431,710381741806
CF_DDA 569525483457455442450491517542
ChangeInWorkingCapital 193341165-68-160-70-22375124118
CF_DeferredTax 0000000000
Cash Flow from Disc. Op. 0000000000
Cash Flow from Others 9414044122223209-1,4212608-11
Cash Flow from Operations 5746864502362346247171,5071,3901,455
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