Cleveland-Cliffs Inc (CLF)
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Fiscal Year End Date: 12/31
(Values in U.S. thousands)
| 12-2023 | 12-2022 | 12-2021 | 12-2020 | 12-2019 | |
| Cash Flows From Operating Activities | |||||
| Net Income | 450,000 | 1,376,000 | 3,033,000 | -81,000 | 293,000 |
| Depreciation Amortization | 1,098,000 | 1,034,000 | 1,058,000 | 404,000 | 85,000 |
| Income taxes - deferred | 114,000 | 90,000 | 767,000 | -101,000 | 17,000 |
| Accounts receivable | 120,000 | 197,000 | -754,000 | -91,000 | 255,000 |
| Other Working Capital | 692,000 | -171,000 | -2,197,000 | -257,000 | 42,000 |
| Other Operating Activity | -207,000 | -103,000 | 878,000 | -132,000 | -124,000 |
| Operating Cash Flow | $2,267,000 | $2,423,000 | $2,785,000 | $-258,000 | $568,000 |
| Cash Flows From Investing Activities | |||||
| PPE Investments | -646,000 | -943,000 | -705,000 | -525,000 | -656,000 |
| Net Acquisitions | N/A | -31,000 | -707,000 | -1,527,000 | N/A |
| Other Investing Activity | 55,000 | 38,000 | 33,000 | 10,000 | 12,000 |
| Investing Cash Flow | $-591,000 | $-936,000 | $-1,379,000 | $-2,042,000 | $-644,000 |
| Cash Flows From Financing Activities | |||||
| Debt Issued | 3,004,000 | 5,749,000 | 5,962,000 | 3,823,000 | 721,000 |
| Debt Repayment | -4,868,000 | -5,494,000 | -5,889,000 | -1,573,000 | -729,000 |
| Common Stock Issued | 750,000 | N/A | 1,322,000 | N/A | N/A |
| Common Stock Repurchased | -152,000 | -240,000 | N/A | 0 | -253,000 |
| Other Financing Activity | -238,000 | -1,524,000 | -2,865,000 | -191,000 | -133,000 |
| Financing Cash Flow | $-1,504,000 | $-1,509,000 | $-1,470,000 | $2,059,000 | $-394,000 |
| Beginning Cash Position | 26,000 | 48,000 | 112,000 | 353,000 | 823,000 |
| End Cash Position | 198,000 | 26,000 | 48,000 | 112,000 | 353,000 |
| Net Cash Flow | $172,000 | $-22,000 | $-64,000 | $-241,000 | $-470,000 |
| Free Cash Flow | |||||
| Operating Cash Flow | 2,267,000 | 2,423,000 | 2,785,000 | -258,000 | 568,000 |
| Capital Expenditure | -646,000 | -943,000 | -705,000 | -525,000 | -656,000 |
| Free Cash Flow | 1,621,000 | 1,480,000 | 2,080,000 | -783,000 | -88,000 |