ArcelorMittal SA Cash Flow
Concept
Operating Cash Flow
Net Income
Depreciation & Amortization
Stock based compensation
Other non cash items
Change in working capital
Investing Cash Flow
Capital Expenditures
Financing Cash Flow
Dividends Paid
Payout Ratio
Share Issuance / Repurchase
Debt Issued / Paid
Other Investing Activities
End Cash Position
Changes in Cash
Beginning Cash Position
Free Cash Flow
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
2010
2009
2008
2007
2006
2005
2004
2003
2002
2001
2000
1999
1998
1997
7,645M
919M
2,675M
-5,350M
8,567M
1,604M
-6,395M
4,613M
-3,666M
369M
40.37 %
-1,208M
0M
-755M
7,783M
-1,631M
9,414M
3,032M
10,203M
9,302M
3,606M
38M
-1,119M
-1,223M
-4,483M
3,468M
-477M
332M
3.57 %
-2,937M
3,123M
2,952M
9,300M
5,085M
4,215M
6,735M
9,905M
14,956M
2,305M
-2,204M
1,750M
-6,409M
-340M
3,008M
-10,898M
312M
2.07 %
-5,170M
-5,156M
-260M
4,215M
-1,385M
5,600M
6,897M
4,082M
-733M
2,827M
-2,827M
2,492M
1,496M
-2,011M
2,439M
-1,498M
181M
-25 %
-500M
-1,422M
1,237M
5,963M
733M
5,230M
1,643M
6,017M
-2,454M
4,994M
-347M
1,954M
2,197M
-3,824M
3,572M
514M
332M
-13.64 %
-90M
936M
1,262M
2,695M
523M
2,172M
2,445M
4,196M
5,149M
3,609M
-3,609M
4,708M
-4,384M
-3,759M
3,305M
-689M
220M
4.37 %
-226M
-290M
-689M
2,354M
-432M
2,786M
891M
4,563M
4,568M
2,974M
-448M
-507M
-1,873M
-2,830M
2,819M
-1,731M
141M
3.14 %
0M
-1,590M
3,203M
2,786M
171M
2,615M
1,744M
2,708M
1,779M
2,926M
-615M
-1,091M
-1,023M
-1,143M
2,444M
-2,926M
61M
3.23 %
1,626M
-6,007M
27M
2,615M
-1,487M
4,102M
264M
2,151M
-7,946M
7,956M
0M
1,601M
-31M
195M
2,707M
395M
416M
-5.25 %
3,115M
808M
3,802M
4,102M
86M
4,016M
-556M
3,870M
-1,086M
4,203M
0M
475M
368M
274M
3,665M
-2,750M
458M
-41.84 %
3,115M
-1,553M
3,535M
4,016M
-2,216M
6,232M
205M
4,296M
-2,545M
5,139M
0M
1,028M
764M
338M
3,452M
241M
415M
-16.42 %
-1,756M
-2,072M
4,950M
6,232M
1,692M
4,540M
844M
5,294M
-3,726M
9,719M
0M
-1,101M
2,829M
0M
4,683M
-1,044M
1,191M
-31.94 %
0M
0M
483M
4,536M
631M
3,905M
611M
1,777M
1,802M
5,000M
-190M
-874M
-3,825M
0M
4,838M
-540M
1,194M
66.29 %
0M
0M
8,848M
3,905M
-2,509M
6,414M
-3,061M
4,015M
3,246M
4,920M
245M
435M
-2,531M
0M
3,308M
-7M
1,257M
38.64 %
9,798M
0M
-2,057M
6,207M
288M
5,919M
707M
7,278M
118M
5,457M
-3,323M
6,612M
3,280M
0M
2,792M
-6,347M
1,338M
1163.16 %
0M
0M
433M
5,919M
-1,657M
7,576M
4,486M
14,652M
10,439M
6,100M
0M
7,129M
-9,016M
0M
5,531M
-2,132M
2,576M
24.68 %
-4,440M
0M
9,689M
7,576M
-284M
7,860M
9,121M
16,532M
11,850M
4,570M
0M
-681M
793M
0M
5,448M
-3,417M
2,269M
19.15 %
-2,553M
0M
2,785M
7,860M
1,840M
6,020M
11,084M
7,122M
6,086M
2,296M
0M
-634M
-626M
0M
2,935M
5,445M
660M
10.84 %
0M
0M
6,097M
6,020M
3,985M
2,035M
4,187M
3,974M
3,365M
829M
258M
-113M
-520M
0M
1,181M
3,349M
2,092M
62.2 %
0M
0M
5,438M
2,035M
-460M
2,495M
2,793M
4,611M
4,701M
553M
0M
444M
-1,173M
0M
898M
-2,329M
763M
16.24 %
-54M
0M
-1,521M
2,495M
1,735M
760M
3,713M
189M
66M
183M
0M
-202M
172M
0M
164M
-63M
0M
0 %
-8M
0M
-55M
80M
3M
77M
25M
168M
49M
177M
0M
-15M
18M
0M
108M
-101M
0M
0 %
-1M
0M
-105M
77M
-8M
85M
60M
40M
-312M
216M
0M
-66M
316M
0M
97M
-123M
0M
-0 %
-1M
0M
-127M
85M
-129M
214M
-57M
381M
99M
177M
0M
-85M
187M
0M
184M
-139M
18M
18.27 %
-1M
0M
-120M
214M
44M
170M
197M
599M
85M
164M
0M
-81M
406M
0M
214M
-432M
18M
21.3 %
0M
0M
-414M
170M
-18M
188M
385M
253M
237M
91M
-45M
21M
-96M
0M
1,474M
987M
19M
8.11 %
-78M
0M
1,084M
188M
-231M
419M
-1,221M
259M
289M
88M
0M
-39M
-82M
0M
288M
532M
0M
0 %
-32M
0M
164M
790M
480M
310M
-29M
Concept
Operating Cash Flow
Net Income
Depreciation & Amortization
Stock based compensation
Other non cash items
Change in working capital
Investing Cash Flow
Capital Expenditures
Financing Cash Flow
Dividends Paid
Payout Ratio
Share Issuance / Repurchase
Debt Issued / Paid
Other Investing Activities
End Cash Position
Changes in Cash
Beginning Cash Position
Free Cash Flow
4Q2023
3Q2023
2Q2023
1Q2023
4Q2022
3Q2022
2Q2022
1Q2022
4Q2021
3Q2021
2Q2021
1Q2021
4Q2020
3Q2020
2Q2020
1Q2020
4Q2019
3Q2019
2Q2019
1Q2019
4Q2018
3Q2018
2Q2018
1Q2018
4Q2017
3Q2017
2Q2017
1Q2017
4Q2016
3Q2016
2Q2016
1Q2016
4Q2015
3Q2015
2Q2015
1Q2015
4Q2014
3Q2014
2Q2014
1Q2014
4Q2013
3Q2013
2Q2013
1Q2013
4Q2012
3Q2012
2Q2012
1Q2012
4Q2011
3Q2011
2Q2011
1Q2011
4Q2010
3Q2010
2Q2010
1Q2010
4Q2009
3Q2009
2Q2009
1Q2009
4Q2008
3Q2008
2Q2008
1Q2008
4Q2007
3Q2007
2Q2007
1Q2007
4Q2006
3Q2006
2Q2006
1Q2006
4Q2005
3Q2005
2Q2005
1Q2005
4Q2004
3Q2004
2Q2004
1Q2004
4Q2003
3Q2003
2Q2003
1Q2003
4Q2002
3Q2002
2Q2002
1Q2002
4Q2001
4Q2000
3Q2000
2Q2000
1Q2000
4,605M
-2,036M
1,364M
-2,729M
6,203M
2,394M
-986M
2,613M
-825M
184M
-8.98 %
-503M
0M
270M
7,783M
1,840M
5,943M
1,993M
1,281M
929M
662M
-285M
254M
-269M
-978M
1,165M
102M
185M
20 %
-38M
206M
196M
320M
-5,505M
5,825M
116M
2,087M
1,860M
680M
-393M
-153M
178M
-1,015M
1,060M
-1,490M
185M
10 %
-227M
206M
-12M
-354M
-354M
9,414M
1,027M
949M
1,096M
630M
0M
91M
-775M
-2,869M
938M
-1,349M
0M
0 %
-477M
206M
-53M
-3,121M
-12,421M
9,300M
11M
3,634M
261M
1,662M
38M
-575M
2,412M
-1,533M
1,500M
1,578M
17M
6.67 %
-288M
1,895M
1,911M
4,335M
3,827M
508M
2,134M
1,981M
993M
628M
0M
963M
-580M
-803M
784M
-219M
332M
33.33 %
-649M
554M
468M
508M
-3,949M
4,457M
1,197M
2,554M
3,923M
669M
0M
-956M
-1,008M
-1,541M
655M
-1,651M
332M
8.49 %
-1,496M
343M
223M
-1,005M
-1,005M
1,247M
1,899M
2,034M
4,125M
647M
0M
-551M
-2,047M
-606M
529M
-185M
332M
7.96 %
-504M
331M
367M
1,247M
1,247M
0M
1,505M
4,154M
4,045M
494M
-383M
22M
22M
-1,235M
1,145M
-2,990M
51M
1.28 %
-1,820M
-1,149M
-21M
-58M
-58M
202M
3,009M
2,442M
4,621M
590M
-778M
961M
-2,896M
509M
675M
-2,740M
28M
0.72 %
-1,703M
-852M
-157M
202M
202M
0M
1,767M
2,312M
4,005M
620M
-590M
404M
-1,901M
118M
569M
-3,780M
284M
7.23 %
-997M
-2,283M
-17M
-1,303M
-1,303M
0M
1,743M
997M
2,285M
601M
-453M
363M
-1,634M
268M
619M
-1,388M
284M
12.44 %
-650M
-673M
-65M
-229M
-229M
5,600M
378M
1,416M
1,207M
1,042M
-1,042M
-701M
925M
-406M
668M
-2,227M
16M
1 %
-487M
-1,589M
740M
5,963M
-916M
6,879M
748M
1,770M
-261M
183M
-100M
296M
1,072M
-486M
520M
-401M
55M
-19.05 %
-13M
-333M
-486M
6,617M
886M
5,731M
1,250M
302M
-559M
739M
15M
415M
-392M
-364M
401M
1,516M
7M
-2 %
-395M
783M
1,237M
5,630M
1,332M
4,298M
-99M
594M
-1,120M
863M
-142M
924M
-109M
59M
850M
-386M
103M
-9.01 %
0M
-283M
-224M
4,298M
-697M
4,995M
-256M
2,932M
-1,882M
1,632M
-20M
737M
2,600M
-1,751M
815M
19M
21M
-1.08 %
90M
40M
126M
1,331M
-2,316M
3,647M
2,117M
328M
-539M
766M
-25M
265M
-203M
-816M
941M
659M
61M
-11.32 %
-90M
720M
804M
3,647M
-9M
3,656M
-613M
1,786M
-447M
1,713M
-94M
472M
353M
-564M
869M
180M
204M
-45.45 %
-90M
384M
468M
3,656M
1,410M
2,246M
917M
971M
414M
883M
-208M
480M
-553M
-693M
947M
-344M
46M
12.2 %
-90M
-208M
-693M
-92M
-81M
-11M
24M
2,170M
1,193M
938M
-938M
1,456M
430M
264M
1,156M
-411M
32M
2.56 %
226M
-406M
-411M
2,354M
-128M
2,482M
1,014M
634M
899M
1,162M
-183M
497M
-1,713M
264M
781M
-597M
37M
4.55 %
0M
-543M
-560M
2,482M
-618M
3,100M
-147M
1,232M
1,865M
712M
-30M
176M
-1,232M
264M
616M
352M
101M
5.46 %
0M
474M
474M
3,100M
901M
2,199M
616M
160M
1,192M
797M
-212M
333M
-1,869M
264M
752M
-33M
50M
4.27 %
-226M
263M
243M
2,260M
-526M
2,786M
-592M
2,885M
1,039M
907M
-125M
-340M
1,657M
44M
1,036M
-2,167M
21M
1.98 %
0M
-1,527M
2,710M
2,786M
-192M
2,978M
1,849M
763M
1,205M
690M
-117M
-169M
-801M
44M
637M
514M
80M
6.78 %
0M
587M
594M
2,978M
706M
2,272M
126M
1,214M
1,322M
722M
-120M
-233M
-548M
44M
566M
-744M
40M
3.1 %
0M
-726M
-744M
2,048M
-354M
2,402M
648M
-299M
1,002M
655M
-86M
235M
-2,181M
44M
580M
666M
40M
4.08 %
0M
743M
706M
2,402M
-213M
2,615M
-879M
1,653M
403M
852M
-14M
10M
495M
1,182M
802M
-468M
7M
2.56 %
3,115M
-6,007M
2,654M
2,615M
359M
2,256M
851M
876M
680M
693M
-109M
98M
-565M
0M
535M
-741M
7M
1.49 %
0M
0M
-734M
2,256M
-139M
2,395M
341M
869M
1,112M
729M
-168M
-1,109M
235M
0M
521M
-1,857M
41M
3.54 %
0M
0M
-4,931M
2,395M
-468M
2,863M
348M
-690M
-416M
652M
-324M
-90M
-1,188M
0M
586M
140M
6M
-1.43 %
0M
0M
146M
2,863M
-1,239M
4,102M
-1,276M
1,574M
-6,686M
5,525M
0M
1,414M
919M
195M
736M
-367M
11M
-0.18 %
3,115M
808M
-356M
4,102M
466M
3,636M
838M
473M
-711M
804M
0M
502M
-136M
0M
684M
-835M
21M
-3.26 %
0M
0M
-814M
3,636M
-1,076M
4,712M
-211M
1,019M
179M
820M
-125M
-172M
247M
0M
542M
1,284M
331M
183.33 %
0M
0M
1,615M
4,712M
1,933M
2,779M
477M
-915M
-728M
807M
0M
127M
-1,206M
0M
745M
313M
53M
-7.38 %
0M
0M
366M
2,779M
-1,237M
4,016M
-1,660M
2,292M
-955M
1,246M
0M
904M
994M
274M
1,067M
-1,926M
15M
-1.57 %
3,115M
-1,553M
-1,911M
4,016M
-159M
4,175M
1,225M
501M
22M
946M
0M
268M
-576M
0M
949M
294M
381M
1700 %
0M
0M
675M
4,175M
-229M
4,404M
-448M
1,548M
52M
931M
0M
-352M
856M
0M
774M
-1,675M
5M
14.29 %
0M
0M
-1,670M
4,404M
-657M
5,061M
774M
-471M
-205M
1,080M
0M
-345M
-906M
0M
875M
557M
57M
-29.63 %
0M
0M
614M
5,061M
-1,171M
6,232M
-1,346M
2,687M
-1,227M
1,567M
0M
1,560M
847M
338M
1,010M
-216M
14M
-1.23 %
1,756M
-2,072M
-21M
6,232M
1,804M
4,428M
1,677M
-448M
-193M
1,236M
0M
-669M
-806M
0M
806M
-1,440M
364M
-184.62 %
0M
0M
-1,076M
4,428M
-2,490M
6,918M
-1,254M
2,359M
-780M
1,175M
0M
742M
1,272M
0M
709M
-2,796M
3M
-0 %
0M
0M
-2,793M
6,918M
-1,059M
7,977M
1,650M
-302M
-345M
1,161M
0M
-605M
-549M
0M
927M
4,693M
34M
-10.64 %
0M
0M
4,727M
7,977M
3,437M
4,540M
-1,229M
2,886M
-3,987M
6,072M
0M
402M
2,052M
0M
1,124M
-932M
306M
-7.65 %
0M
0M
-69M
4,536M
1,546M
2,990M
1,762M
-331M
-652M
1,292M
0M
-607M
-307M
0M
1,217M
243M
297M
-46 %
0M
0M
540M
2,990M
-1,480M
4,470M
-1,548M
2,268M
1,016M
1,162M
0M
-902M
1,381M
0M
1,117M
-1,744M
294M
29.05 %
0M
0M
-1,450M
4,470M
-467M
4,937M
1,151M
505M
11M
1,202M
0M
1,108M
-288M
0M
1,249M
1,398M
294M
2250 %
0M
0M
1,692M
4,934M
1,029M
3,905M
-744M
2,878M
-1,004M
1,117M
3,742M
-424M
-2,220M
0M
1,475M
-1,152M
289M
-28.57 %
0M
0M
-863M
3,821M
1,148M
2,673M
1,403M
770M
659M
1,155M
0M
1,179M
-1,013M
0M
1,267M
294M
309M
46.94 %
0M
0M
603M
2,673M
-532M
3,205M
-497M
-573M
1,535M
0M
0M
953M
-2,811M
0M
1,065M
1,106M
302M
19.73 %
0M
0M
1,408M
3,205M
-667M
3,872M
-1,638M
-1,298M
608M
1,151M
-190M
-543M
-1,844M
0M
1,031M
-788M
294M
48.39 %
0M
0M
-494M
3,872M
-2,540M
6,412M
-2,329M
3,568M
-233M
1,456M
245M
556M
2,139M
0M
1,379M
612M
335M
-143.24 %
1,020M
0M
-1,395M
7,576M
2,944M
4,632M
2,189M
780M
1,350M
1,208M
0M
89M
-1,094M
0M
805M
789M
334M
24.88 %
0M
0M
1,123M
976M
976M
0M
-25M
385M
1,704M
1,279M
0M
52M
-2,304M
0M
643M
-690M
309M
18.11 %
0M
0M
-381M
-1,260M
-1,260M
3,668M
-258M
-719M
679M
1,202M
0M
-307M
-1,742M
0M
539M
-719M
282M
41.75 %
0M
0M
-396M
3,668M
-2,251M
5,919M
-1,258M
2,815M
-1,398M
3,776M
-1,831M
5,393M
-1,917M
0M
799M
-1,817M
335M
-23.98 %
-2,919M
0M
-285M
5,919M
76M
5,843M
2,016M
2,388M
3,328M
0M
0M
-1,267M
1,333M
0M
575M
-3,353M
306M
9.26 %
3,153M
0M
-6,200M
5,843M
-1,420M
7,263M
1,813M
1,746M
-792M
0M
0M
2,461M
1,437M
0M
568M
1,710M
352M
-44.44 %
-234M
0M
-11M
7,263M
3,284M
3,979M
1,178M
329M
-1,063M
1,118M
-70M
-1,145M
2,427M
0M
850M
-2,887M
345M
-32.43 %
0M
0M
-7M
3,979M
-3,614M
7,593M
-521M
5,877M
-1,592M
1,831M
0M
4,603M
1,035M
0M
1,445M
-3,909M
594M
-37.18 %
4,440M
0M
-7,755M
7,576M
1,529M
6,047M
4,432M
2,561M
3,821M
1,414M
0M
1,934M
-4,608M
0M
1,758M
264M
692M
18.13 %
-1,792M
0M
2,748M
6,047M
-1,484M
7,531M
803M
4,232M
5,839M
1,425M
0M
352M
-3,384M
0M
1,353M
1,952M
629M
10.82 %
-541M
0M
3,122M
7,531M
343M
7,188M
2,879M
1,982M
2,371M
1,430M
0M
240M
-2,059M
0M
975M
-439M
661M
27.93 %
-2,107M
0M
2,329M
7,188M
-672M
7,860M
1,007M
6,033M
3,917M
1,557M
0M
-1,059M
1,618M
0M
1,978M
-1,981M
1,016M
25.9 %
-876M
0M
-89M
7,860M
660M
7,200M
4,055M
4,117M
2,960M
1,028M
0M
-286M
415M
0M
1,152M
-2,452M
95M
3.19 %
0M
0M
-2,357M
7,200M
418M
6,782M
2,965M
3,732M
2,723M
1,094M
0M
502M
-587M
0M
1,330M
1,469M
644M
23.62 %
0M
0M
2,113M
6,782M
-1,376M
8,158M
2,402M
2,650M
2,250M
891M
0M
162M
-653M
0M
988M
-453M
514M
22.8 %
0M
0M
61M
8,158M
2,138M
6,020M
1,662M
4,267M
2,777M
865M
0M
-1,023M
1,648M
0M
1,633M
-2,544M
210M
7.6 %
0M
0M
-2,334M
6,020M
288M
5,732M
2,634M
748M
1,551M
883M
310M
10M
-2,037M
0M
691M
8,392M
209M
13.62 %
0M
0M
8,601M
5,732M
3,611M
2,121M
57M
1,719M
1,015M
261M
-44M
74M
324M
0M
348M
-273M
105M
10.29 %
0M
0M
-169M
2,121M
70M
2,051M
1,371M
388M
743M
287M
75M
-121M
-561M
0M
263M
-130M
136M
18.33 %
-2M
0M
7M
2,051M
16M
2,035M
125M
1,053M
650M
259M
0M
104M
89M
0M
416M
4,333M
143M
21.82 %
0M
0M
4,479M
2,035M
201M
1,834M
637M
973M
478M
215M
0M
-37M
203M
0M
305M
-1,065M
148M
31.06 %
0M
0M
-917M
1,834M
-215M
2,049M
668M
983M
1,090M
192M
0M
-98M
-184M
0M
255M
590M
1,375M
126.2 %
0M
0M
1,961M
2,049M
-122M
2,171M
728M
965M
1,147M
163M
0M
176M
-628M
0M
205M
-509M
426M
37.18 %
0M
0M
-85M
2,171M
-324M
2,495M
760M
3,925M
3,814M
406M
0M
517M
-672M
0M
805M
-1,770M
763M
20 %
7M
0M
-1,770M
2,495M
2,325M
170M
3,120M
402M
460M
48M
0M
-12M
-226M
0M
37M
-357M
0M
0 %
-7M
0M
-362M
170M
27M
143M
365M
293M
325M
48M
0M
-18M
-117M
0M
35M
-230M
0M
0 %
-22M
0M
-210M
143M
39M
104M
258M
-9M
102M
51M
0M
-43M
-158M
0M
21M
28M
0M
0 %
-32M
0M
58M
104M
24M
80M
-30M
76M
11M
47M
0M
-32M
60M
0M
29M
-34M
0M
0 %
1M
0M
-35M
80M
9M
71M
47M
40M
-10M
45M
0M
-165M
188M
0M
79M
34M
0M
-0 %
0M
0M
34M
71M
6M
65M
-39M
42M
14M
46M
0M
13M
-26M
0M
37M
-15M
0M
0 %
-7M
0M
-8M
65M
-6M
71M
5M
31M
51M
45M
0M
-18M
-50M
0M
19M
-48M
0M
0 %
-2M
0M
-46M
71M
-6M
77M
12M
64M
51M
45M
0M
62M
-41M
0M
39M
-68M
0M
0 %
0M
0M
-70M
77M
-34M
111M
25M
7M
26M
45M
0M
-10M
-63M
0M
37M
40M
0M
0 %
0M
0M
39M
111M
23M
88M
-30M
49M
11M
44M
0M
-61M
63M
0M
18M
-24M
0M
0 %
0M
0M
-25M
88M
9M
79M
31M
48M
-39M
43M
0M
-6M
59M
0M
14M
-49M
0M
-0 %
0M
0M
-50M
79M
-6M
85M
34M
40M
0M
0M
0M
0M
0M
0M
97M
0M
0M
0 %
0M
0M
0M
85M
0M
0M
0M
381M
99M
0M
0M
0M
0M
0M
184M
0M
18M
18.27 %
0M
0M
0M
0M
0M
0M
0M
0M
4M
0M
0M
0M
0M
0M
0M
0M
0M
0 %
0M
0M
0M
0M
0M
0M
0M
0M
56M
0M
0M
0M
0M
0M
0M
0M
0M
0 %
0M
0M
0M
0M
0M
0M
0M
0M
53M
0M
0M
0M
0M
0M
0M
0M
0M
0 %
0M
0M
0M
0M
0M
0M
0M