Clean Harbors CLH Consolidation Eliminations — Proceeds From Sale Of Longterm Investments
Discontinued — last reported Q1 '17
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Where this comes from
Reported directly by Clean Harbors in its filing.
Tagged under the XBRL concept us-gaap:ProceedsFromSaleOfLongtermInvestments.
The official record: Clean Harbors’s 10-Q, filed May 2, 2018, on SEC EDGAR. View the filing →
Questions, answered.
- What does consolidation eliminations — proceeds from sale of longterm investments mean?
- This metric represents the adjustment made during financial consolidation to remove intercompany cash flows related to the divestiture of long-term investments. It ensures that internal transfers of investment assets between subsidiaries do not artificially inflate the consolidated cash flow statement. This adjustment is necessary to present a true picture of the company's external investment activities.