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| Foreword | |
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| Preface | |
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| About the Authors | |
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| Seeking Sustainable Cash Flow | |
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| An Artificial Boost to Operating Cash Flow | |
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| Classifying Cash Flow | |
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| Sustainable Cash Flow | |
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| Creative Cash Flow Reporting | |
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| Ignoring the Statement of Cash Flows | |
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| Cash Flow Analysis | |
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| Plan of This Book | |
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| Summary | |
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| Structure of the Statement of Cash Flows | |
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| Historical Background | |
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| Arrival of the Statement of Cash Flows | |
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| Non-GAAP Measures of Cash Operating Performance | |
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| International Differences in the Statement of Cash Flows | |
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| Summary | |
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| Is It Operating or Investing Cash Flow? | |
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| Investing Cash Flow | |
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| GAAP Flexibility: Is It Operating or Investing Cash Flow? | |
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| Beyond the Boundaries of GAAP | |
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| Summary | |
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| Is It Operating or Financing Cash Flow? | |
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| Financing Cash Flow | |
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| GAAP Flexibility: Is It Operating or Financing Cash Flow? | |
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| Beyond the Boundaries of GAAP | |
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| Summary | |
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| Income Taxes and the Statement of Cash Flows | |
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| Tax Reporting Essentials | |
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| Classification of Tax-Related Cash Flow | |
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| Nonrecurring Income Tax Cash Flows | |
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| Summary | |
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| Nonrecurring Sources and Uses of Operating Cash Flow | |
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| Characteristics of Nonrecurring Items of Operating Cash Flow | |
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| Examples of Nonrecurring Cash Sources and Uses | |
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| Management Identification of Nonrecurring Operating Cash Flow | |
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| Locating Nonrecurring Items of Operating Cash Flow | |
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| Cash Flow Tracking | |
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| Summary | |
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| Measuring Sustainable Operating Cash Flow | |
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| Sustainable Operating Cash Flow | |
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| Calibrating Operating Cash Flow Adjustments | |
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| Measuring Sustainable Operating Cash Flow | |
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| Completed Sustainable Operating Cash Flow Worksheet | |
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| Frequency and Size of Adjustment Items | |
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| Summary | |
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| Using Operating Cash Flow to Detect Earnings Problems | |
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| Relationship between Earnings and Operating Cash Flow | |
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| Earnings Supported by Artificial Means | |
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| Excess Cash Margin | |
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| Summary | |
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| Analyzing Operating Cash Flow | |
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| Cash Flow Analysis Statement | |
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| Using the Cash Flow Analysis Statement | |
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| Cash Flow Drivers | |
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| Closer Look at Core Operating Cash Flow | |
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| Summary | |
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| Understanding Free Cash Flow | |
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| Uses of Free Cash Flow | |
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| What Is Free Cash Flow? | |
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| Free Cash Flow to Common Equity: A Closer Look | |
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| Capital Expenditures | |
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| Acquisitions and Free Cash Flow | |
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| Summary | |
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| Glossary | |
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| Subject Index | |
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| Company Index | |