Cleveland-Cliffs Inc.
Cleveland-Cliffs Inc. operates as a flat-rolled steel producer in North America. The company offers carbon steel products, such as hot-rolled, cold-rolled, electrogalvanized, hot-dip galvanized, hot-dip galvannealed, aluminized, enameling, and advanced h…
Steel
US, Cleveland [HQ]
Cash Flow Statements
15 Records · Starting from 2009In Million USD. Margins, Growth Rates In %
| Metric | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||
| Operating Cash Flow (OCF) | 185.00 | 1,320.00 | 2,288.00 | 514.00 | 1,145.00 | 358.00 | 26.00 | 303.00 | 337.00 | 478.00 | 562.00 | -261.00 | 2,785.00 | 2,423.00 | 2,267.00 | |
| Operating Cash (Net) | 185.00 | 1,320.00 | 2,288.00 | 514.00 | 1,145.00 | 358.00 | 26.00 | 303.00 | 337.00 | 478.00 | 562.00 | -261.00 | 2,785.00 | 2,423.00 | 2,267.00 | |
| Accounts Receivable | - - | - - | - - | -74.00 | 138.00 | -101.00 | 355.00 | 43.00 | -248.00 | 52.00 | 254.00 | -42.00 | -374.00 | 197.00 | 120.00 | |
| Accounts Payable | - - | - - | - - | -366.00 | -109.00 | -40.00 | -227.00 | -73.00 | -1,161.00 | -1,073.00 | -80.00 | 3.00 | 374.00 | -197.00 | 4.00 | |
|
Working Capital
|
- - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
| Change | -157.00 | -53.00 | 331.00 | -425.00 | 7.00 | -121.00 | 22.00 | 106.00 | -319.00 | 32.00 | 37.00 | -185.00 | -1,854.00 | 33.00 | 786.00 | |
| Other WC | -165.00 | -114.00 | 406.00 | -24.00 | -52.00 | -18.00 | -42.00 | -20.00 | 1,092.00 | 1,011.00 | 254.00 | -117.00 | -484.00 | -31.00 | -8.00 | |
| Investing Activities | ||||||||||||||||
| Used Cash (Net) | -179.00 | -1,367.00 | -5,304.00 | -961.00 | -811.00 | -103.00 | -91.00 | -57.00 | -160.00 | -273.00 | -644.00 | -2,042.00 | -1,379.00 | -936.00 | -591.00 | |
| Capital Expenditure | -116.00 | -266.00 | -880.00 | -1,127.00 | -861.00 | -284.00 | -83.00 | -69.00 | -155.00 | -296.00 | -656.00 | -525.00 | -705.00 | -943.00 | -646.00 | |
| Purchases of Investments | -14.00 | -197.00 | -130.00 | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
| Sale/Maturity of Investment | 5.00 | 32.00 | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
| Property, Plant, Equipment (P&PE) | -116.00 | -266.00 | -880.00 | -1,127.00 | -861.00 | -284.00 | -83.00 | -69.00 | -155.00 | -296.00 | -656.00 | -525.00 | -705.00 | -943.00 | -646.00 | |
| Acquisitions (Net) | -81.00 | -994.00 | -4,423.00 | 152.00 | - - | - - | - - | 3.00 | -105.00 | - - | - - | -1,527.00 | -707.00 | -31.00 | - - | |
| Other Investing Activities | 28.00 | 59.00 | 130.00 | 13.00 | 50.00 | 180.00 | -8.00 | 11.00 | -4.00 | 23.00 | 11.00 | 10.00 | 33.00 | 38.00 | 55.00 | |
| Financing Activities | ||||||||||||||||
| Used Cash (Net) | -304.00 | -1,087.00 | -1,975.00 | -119.00 | -171.00 | -288.00 | -61.00 | -206.00 | -498.00 | -375.00 | -394.00 | -2,059.00 | -1,470.00 | -1,509.00 | -1,504.00 | |
| Debt Repayment | -286.00 | -666.00 | -1,616.00 | -1,136.00 | -1,842.00 | -1,256.00 | -581.00 | -506.00 | -50.00 | -234.00 | -729.00 | -1,573.00 | -299.00 | -6,852.00 | -1,114.00 | |
| Dividends Paid | -31.00 | -68.00 | -118.00 | -307.00 | -127.00 | -143.00 | -91.00 | -59.00 | - - | - - | -116.00 | -41.00 | - - | - - | - - | |
|
Common Stock
|
67 | - - | 1,143 | - - | -1,259 | - - | - - | 182 | - - | 47 | 973 | - - | 1,665 | 240 | 152 | |
| Issued | 347.00 | - - | 853.00 | - - | 285.00 | - - | - - | 287.00 | - - | - - | 720.00 | - - | 322.00 | - - | - - | |
| Repurchased | 279.00 | - - | -289.00 | - - | 1,544.00 | - - | - - | 105.00 | - - | -47.00 | -252.00 | - - | -1,343.00 | -240.00 | -152.00 | |
| Other Financing Activities | -4.00 | 1,823.00 | 3,146.00 | 1,563.00 | -31.00 | 1,111.00 | 733.00 | -32.00 | 448.00 | -49.00 | -16.00 | 3,673.00 | -1,171.00 | 5,583.00 | -238.00 | |
| Cash Balances | ||||||||||||||||
| Begin of Period | 179.00 | 502.00 | 1,566.00 | 521.00 | 195.00 | 335.00 | 290.00 | 285.00 | 323.00 | 978.00 | 823.00 | 353.00 | 112.00 | 48.00 | 26.00 | |
| End of Period | 502.00 | 1,566.00 | 521.00 | 195.00 | 335.00 | 290.00 | 285.00 | 323.00 | 1,007.00 | 823.00 | 352.00 | 112.00 | 48.00 | 26.00 | 198.00 | |
| Change | 323.00 | 1,064.00 | -1,045.00 | -326.00 | 140.00 | -44.00 | -5.00 | 38.00 | 684.00 | -155.00 | -470.00 | -241.00 | -64.00 | -22.00 | 172.00 | |
| Non-Cash Balances | ||||||||||||||||
| Depreciation and Amortization | 236.00 | 322.00 | 426.00 | 525.00 | 593.00 | 504.00 | 134.00 | 115.00 | 87.00 | 89.00 | 85.00 | 308.00 | 897.00 | 1,034.00 | 973.00 | |
| Stock Based Compensation | 10.00 | 12.00 | 13.00 | 16.00 | 19.00 | 21.00 | 13.00 | 13.00 | 18.00 | - - | 18.00 | 17.00 | 18.00 | 28.00 | 41.00 | |
| Other | -168.00 | 4.00 | -229.00 | 1,397.00 | -6.00 | -37.00 | 115.00 | -118.00 | 198.00 | 20.00 | 215.00 | 106.00 | 839.00 | -138.00 | 917.00 | |
| Highlighted metrics | ||||||||||||||||
| Free Cash Flow (FCF) | 69.00 | 1,053.00 | 1,408.00 | -613.00 | 284.00 | 74.00 | -56.00 | 233.00 | 182.00 | 182.00 | -93.00 | -786.00 | 2,080.00 | 1,480.00 | 1,621.00 | |
| Cash Conversion Cycle (CCC) | 51.00 | 45.00 | 44.00 | 33.00 | 38.00 | 58.00 | 89.00 | 65.00 | 60.00 | 52.00 | 60.00 | 242.00 | 109.00 | 83.00 | 72.00 | |
| Invested Capital | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
|
Other Operating Inflows/Outflows
|
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| Forex Effect on Cash | 13.00 | 24.00 | -4.00 | 1.00 | -22.00 | -11.00 | -1.00 | - - | 3.00 | -2.00 | 5.00 | 3.00 | - - | - - | - - |