CLEVELAND-CLIFFS INC. CLF Cash Flow

Cleveland-cliffs inc. (CLF)

CashFlow / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10
OPERATING ACTIVITIES
Net Income (Loss) Attributable to Parent
266,300	292,800	839,100	1,186,000	1,190,300	1,128,100	828,500	443,600	308,600	363,100	134,000	53,300	52,700	199,300	60,600	94,400	130,100	-748,400	-2,058,700	-8,951,900	-9,002,600	-8,311,600	-6,957,600	43,500	170,300	361,800	-1,494,800	-1,530,200	-1,397,200	-1,126,600	953,100	1,627,500	1,780,600	1,812,600	1,988,200	1,532,700	1,365,900	1,019,900	0	0	0
Depreciation, Depletion and Amortization
99,600	85,100	83,500	80,500	85,000	89,000	90,000	92,300	88,400	87,700	92,800	98,100	103,400	115,400	123,800	132,600	136,200	134,000	172,700	281,100	395,900	504,000	585,700	594,800	593,800	593,300	581,500	561,300	549,100	525,800	502,900	489,700	464,400	426,900	389,100	353,800	335,500	322,300	0	0	0
Impairment of long-lived assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	76,600	1,333,400	9,104,100	9,106,500	9,029,900	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Equity loss in ventures (net of tax)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-404,800	-15,800	10,600	-200	9,700	7,900	400	19,900	13,500	0	0	0
Derivatives and currency hedges
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-27,400	-29,800	36,200	69,000	-44,400	21,600	-200	39,000	0	0	0
Pensions and other postretirement benefits
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-
Deferred income taxes
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	159,800	86,800	-852,300	-1,003,200	-1,153,900	-1,179,300	-155,600	-76,700	-138,100	440,000	264,700	329,200	127,000	-389,400	-401,700	-329,300	-66,600	-86,300	36,200	-2,900	15,200	0	0	0
Changes in deferred revenue and below-market sales contracts
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-24,500	-25,900	-71,100	-185,100	-146,000	-44,000	-42,100	-5,000	39,300	0	0	0
Gain (Loss) on Extinguishment of Debt
-	-	-	-	-	-	-	-	-	-165,400	-163,200	-92,900	-84,400	166,300	-621,700	-524,200	99,600	-392,900	0	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on deconsolidation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-668,300	0	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss (gain) on derivatives
-84,500	-46,800	-74,600	13,900	75,100	110,200	93,000	108,500	27,200	4,100	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on acquisition of controlling interests
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	40,700	0	0	0
Other
-19,900	-65,400	-64,400	-54,700	-8,700	-20,700	-32,200	-47,300	-70,600	-45,500	-27,500	-45,700	-26,200	-40,100	-40,000	-12,000	-44,200	-61,100	-63,700	-20,300	-16,800	11,600	29,700	33,200	-9,900	3,300	-18,600	-52,100	45,200	40,900	78,100	69,500	1,800	18,700	19,200	-31,000	17,800	-9,900	0	0	0
Changes in operating assets and liabilities, net of business combination:
Receivables and other assets
-304,600	-254,500	-112,000	-117,700	-59,400	-51,700	219,000	252,800	136,500	246,300	25,400	-7,900	-91,200	-43,200	-213,500	-336,100	-335,900	-369,100	-111,400	31,700	172,600	82,800	-201,500	-137,100	-197,600	-138,800	-80,000	-98,800	-37,400	74,800	-25,300	12,100	-238,600	-81,400	185,300	65,100	420,400	204,600	0	0	0
Inventories
151,500	136,300	28,800	-38,000	-7,600	-43,500	35,200	23,200	127,200	4,200	-110,100	-103,400	-153,900	-157,800	-35,800	-103,200	-26,800	62,000	-90,800	-72,100	-97,400	-37,800	87,600	115,100	-10,300	-30,800	-99,500	-200,000	-64,900	-39,900	16,400	143,600	64,000	74,500	82,500	60,600	98,800	-61,200	0	0	0
Payables, accrued expenses and other liabilities
-101,800	-80,800	-54,300	-120,700	-79,800	-62,500	-38,800	-17,500	-49,900	-69,000	-46,600	-32,200	-77,100	-73,900	-127,600	-169,900	-161,800	-227,700	-252,000	-120,200	-73,300	-38,300	-14,500	-113,200	-88,300	-109,800	-231,600	-147,500	-401,400	-366,100	-67,200	64,800	182,500	324,600	222,800	9,200	147,700	89,700	0	0	0
Net cash used by operating activities
513,200	562,500	677,900	678,900	510,200	478,500	320,100	221,000	220,300	338,100	437,600	390,100	404,400	303,000	169,500	266,800	139,600	37,900	195,400	234,600	212,700	358,900	564,000	633,100	1,089,300	1,145,900	924,900	936,200	618,100	514,500	1,018,600	1,531,000	2,052,900	2,288,800	2,234,700	1,809,300	1,352,900	1,320,000	0	0	0
INVESTING ACTIVITIES
Net settlements in Canadian dollar foreign exchange contracts
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-93,100	0	0	0	-	-	-	-
Cost of Canadian dollar foreign exchange option
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-
Acquisition of controlling interests, net of cash acquired
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Payments to Acquire Property, Plant, and Equipment
643,000	639,000	545,100	460,900	283,700	208,600	230,100	171,900	191,900	134,900	-22,200	-7,700	-1,000	7,400	68,700	66,600	75,300	80,800	108,800	154,200	196,700	284,100	352,600	524,700	734,500	861,600	1,076,100	1,111,700	1,116,800	1,127,500	1,195,400	1,153,200	1,056,100	880,700	595,700	448,400	313,700	266,900	0	0	0
Purchase of property, plant and equipment
-	-	-	-	-	-	-	-	-121,400	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Acquisition of AK Steel, net of cash acquired
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Investments in ventures
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	11,200	115,100	191,300	0	0	0
Other investing activities
-3,000	-11,600	-13,200	-31,500	-31,500	-23,000	-24,400	5,400	4,800	4,300	2,800	-6,400	-6,200	-11,200	16,800	16,900	17,100	22,400	-900	-9,900	-13,100	-25,500	-67,800	-65,400	-60,900	-50,300	-12,000	-17,900	-14,800	-13,100	0	0	0	-	-	-	-	-	-	-	-
Proceeds from sale of assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	0
Net cash used by investing activities
-1,526,300	-644,400	-548,900	-465,700	-327,300	-273,100	-245,300	-207,500	-200,000	-156,000	-102,800	-91,900	-80,400	-57,900	-85,500	-83,500	-92,400	-103,200	47,100	10,700	-28,600	-103,600	-284,800	-459,300	-673,600	-811,300	-911,500	-941,200	-938,200	-961,800	-1,170,500	-1,104,500	-5,519,000	-5,304,400	-4,993,700	-5,731,300	-1,202,900	-1,367,700	0	0	0
FINANCING ACTIVITIES
Repayment of $200 million term loan
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	200,000	0	0	0
Repurchase of common shares
128,600	252,900	300,400	300,400	171,800	47,500	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Dividends paid
74,200	72,100	45,100	28,900	14,800	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net proceeds from issuance of Series A, Mandatory Convertible Preferred Stock, Class A
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	709,400	0	0	0	-	-	-	0	-	-	-	-	-	-	-	-
Net proceeds from issuance of common shares
-	-	-	-	-	-	-	-	-	661,300	661,100	948,700	948,700	287,400	0	0	0	-	-	-	-	-	-	-	-	285,300	285,300	285,300	285,600	0	0	0	0	-	-	-	-	-	-	-	-
Proceeds from issuance of debt
1,437,100	720,900	0	0	0	-	-	-	-	1,771,500	1,057,800	500,000	500,000	0	0	0	0	503,500	0	0	0	-	-	0	0	-	-	-	-	-	-	-	-	998,100	998,200	1,991,100	1,692,300	1,388,100	0	0	0
Debt issuance costs
51,200	6,800	0	0	0	-	-	-	-	28,600	12,000	8,500	8,500	5,200	5,200	5,200	5,700	33,600	0	0	0	-	-	0	0	-	-	-	-	-	-	-	-	54,800	0	0	0	-	-	-	-
Repurchase of debt
1,148,900	729,300	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Contributions (to)/by joint ventures, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	95,400	68,800	34,500	22,000	0	0	0	0	-	-	-	-
Repayment of equipment loans
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayment of term loan
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	847,100	922,000	946,900	959,400	124,800	0	0	0	-	-	-	-	-	-	-	-
Borrowings under credit facilities
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Borrowings under credit facilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	309,800	610,800	798,900	1,289,500	1,219,500	1,022,000	963,900	598,500	670,500	909,000	899,000	1,309,000	1,012,000	0	0	0	-	-	-	-	-	-	-	-
Repayment under credit facilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	309,800	824,200	1,213,700	1,514,500	1,219,500	1,188,600	989,100	923,500	995,500	779,000	784,000	759,000	687,000	0	0	0	-	-	-	-	-	-	-	-
Repurchase of debt
-	-	-	-	-	-	-	-	0	-	0	0	0	-	0	0	0	-	0	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Distributions of partnership equity
-	-	-	-	-	-	-	-	-	52,900	60,400	40,500	57,500	59,900	61,400	51,600	51,700	40,600	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common stock dividends
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	92,500	92,600	91,900	92,000	91,900	158,200	224,400	290,400	307,200	257,900	209,700	139,600	118,900	97,800	76,100	76,100	68,900	0	0	0
Preferred stock dividends
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	51,200	51,200	51,200	51,200	51,200	51,100	51,300	48,500	35,700	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Other financing activities
-21,200	-9,700	-11,300	-49,500	-48,900	-47,500	-55,400	-21,700	-28,100	-26,700	-25,400	-28,000	-29,100	-27,700	-26,300	-35,800	-35,700	-45,800	-10,900	-31,300	-83,200	-60,200	-191,300	-91,200	-39,200	-52,000	34,300	-43,000	-45,900	-40,800	-44,800	-42,600	-40,200	-48,000	-33,200	-31,500	-29,300	-31,600	0	0	0
Net cash provided (used) by financing activities
768,800	-394,100	-634,400	-657,400	-526,000	-375,200	579,800	497,000	468,900	498,900	-209,000	-87,700	-90,000	-206,400	-223,200	-349,900	-342,400	61,000	-207,500	-310,600	-176,200	-288,300	-316,500	-74,500	-319,900	-171,900	254,400	121,300	486,700	119,600	-364,300	-492,700	1,326,500	1,975,100	2,341,600	3,599,300	1,540,800	1,087,600	0	0	0
Effect of exchange rate changes on cash
-	-	-	-	-	-2,300	-2,700	-100	2,100	3,300	2,800	2,800	1,400	-500	1,200	-1,400	-600	-1,400	-8,800	-18,400	-16,200	-11,600	-17,500	-2,700	-19,000	-22,400	-8,500	-12,200	-1,700	1,300	10,600	-12,700	-5,800	-4,600	-6,900	33,300	26,500	24,100	0	0	0
Decrease in cash and cash equivalents, including cash classified within other current assets related to discontinued operations
-244,300	-476,000	-505,400	-445,500	-345,600	-172,100	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Less: increase (decrease) in cash and cash equivalents from discontinued operations, classified within other current assets
9,800	5,400	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Increase/Decrease in Cash and Cash Equivalents from Discontinued Operations, Classified within Other Current Assets
-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash and Cash Equivalents, Period Increase (Decrease)
-243,300	-470,600	-497,800	-425,300	-327,000	-155,100	670,000	532,100	472,500	665,500	140,800	208,100	270,700	73,500	-138,000	-168,000	-295,800	-5,700	26,200	-83,700	-8,300	-44,600	-54,800	96,600	76,800	140,300	259,300	104,100	164,900	-326,400	-505,600	-78,900	-2,145,400	-1,045,100	-424,300	-289,400	1,717,300	1,064,000	0	0	0