CLEVELAND-CLIFFS INC.
Cash Flow Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $367.0M | $174.1M | $-749.3M | $-7.22B | $413.5M | $-899.4M | $1.62B | $1.02B |
| Depreciation & Amortization | $87.7M | $115.4M | $134.0M | $504.0M | $593.3M | $525.8M | $426.9M | $322.3M |
| Depreciation | $65.8M | $84.0M | $119.2M | $173.0M | $191.5M | $293.5M | $237.8M | $165.4M |
| Amortization | — | — | — | — | — | — | $17.7M | $18.8M |
| Stock-Based Compensation | — | — | — | — | — | $16.5M | $13.9M | $12.5M |
| Net Cash from Operating Activities | $338.1M | $303.0M | $37.9M | $358.9M | $1.15B | $514.5M | $2.29B | $1.32B |
| Investing Activities | ||||||||
| Capital Expenditures | $134.9M | $7.4M | $80.8M | $284.1M | $861.6M | $1.13B | $880.7M | $266.9M |
| Business Acquisitions | — | — | — | — | $0 | $0 | $4.42B | $994.5M |
| Net Cash from Investing Activities | $-156.0M | $-57.9M | $-103.2M | $-103.6M | $-811.3M | $-961.8M | $-5.30B | $-1.37B |
| Financing Activities | ||||||||
| Dividends Paid | $0 | $0 | $0 | $92.5M | $91.9M | $307.2M | $118.9M | $68.9M |
| Stock Repurchases | $0 | — | — | — | $0 | $0 | $289.8M | $0 |
| Net Cash from Financing Activities | $498.9M | $-206.4M | $61.0M | $-288.3M | $-171.9M | $119.6M | $1.98B | $1.09B |
| Net Change in Cash | $665.5M | $73.5M | $-5.7M | $-44.6M | $140.3M | $-326.4M | $-1.05B | $1.06B |
| Free Cash Flow | $203.2M | $295.6M | $-42.9M | $74.8M | $284.3M | $-613.0M | $1.41B | $1.05B |