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Republic Services Inc (NYSE:RSG)
Cash Flow from Operations
$1,513 Mil (TTM As of Sep. 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 Sep. 2014, Republic Services Inc's Net Income From Continuing Operations was $186 Mil. Its DDA was $255 Mil. Its Change In Working Capital was $-102 Mil. Its cash flow from deferred tax was $22 Mil. Its Cash Flow from Discontinued Operations was $0 Mil. And its Cash Flow from Others was $19 Mil. In all, Republic Services Inc's Cash Flow from Operations for the three months ended in Sep. 2014 was $379 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.

Republic Services Inc's Cash Flow from Operations for the fiscal year that ended in Dec. 2013 is calculated as:

Republic Services Inc's Cash Flow from Operations for the quarter that ended in Sep. 2014 is

Republic Services Inc Cash Flow from Operations for the trailing twelve months (TTM) ended in Sep. 2014 was 411 (Dec. 2013 ) + 396.4 (Mar. 2014 ) + 325.9 (Jun. 2014 ) + 379.3 (Sep. 2014 ) = $1,513 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.

Republic Services Inc's net income from continuing operations for the three months ended in Sep. 2014 was $186 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

Republic Services Inc's depreciation, depletion and amortization for the three months ended in Sep. 2014 was $255 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.

Republic Services Inc's change in working capital for the three months ended in Sep. 2014 was $-102 Mil. It means Republic Services Inc's working capital declined by $102 Mil from Jun. 2014 to Sep. 2014 .

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

Republic Services Inc's cash flow from deferred tax for the three months ended in Sep. 2014 was $22 Mil.

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

Republic Services Inc's cash flow from discontinued operations for the three months ended in Sep. 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).

Republic Services Inc's cash flow from others for the three months ended in Sep. 2014 was $19 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.

Republic Services Inc Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
NetIncomeFromContinuingOperations 23825428029074497508589572589
CF_DDA 259279296306354870914922927954
ChangeInWorkingCapital 77134-13110-79-252-379-407-377-257
CF_DeferredTax 58283028-30-256133584-39
Cash Flow from Disc. Op. 0000000000
Cash Flow from Others 34543628194307330328308300
Cash Flow from Operations 6667485116615121,3971,4341,7671,5141,548

Republic Services Inc Quarterly Data

Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14
NetIncomeFromContinuingOperations 15015312712556171237133179186
CF_DDA 235223236229236244245233250255
ChangeInWorkingCapital -124-97-95-6-84-80-87-6-116-102
CF_DeferredTax -29-10120-18-37115-19-722
Cash Flow from Disc. Op. 0000000000
Cash Flow from Others 130936990170401562119
Cash Flow from Operations 361362457420342376411396326379
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