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43	43	Selling, general and administrative expenses were $422 million in 2022 and $426 million in 2021. Depreciation, depletion and amortization expenses were $791 million in both years ended December 31, 2022 and December 31, 2021. Earnings from investees were $243 million in 2022 versus earnings from investees of $170 million in 2021. The increase in 2022 from the prior year is primarily due to current year earnings from our PRO-TEC joint venture from higher realized prices.
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45		-The company reported cash balance of $2,522 million on December 31, 2021, which was $1,985 million a year earlier. Total current assets reported for the years are $7,152 million, and $4,432 million, respectively. Property, plant and equipment on December 31, 2021 is $7,254 million, which was $5,444 million the previous year. Total assets reported is $17,816 million, and $12,059 million for the years, respectively. Current liabilities of the company on December 31, 2021 is $3,852 million, and $2,656 million a year earlier. Long-term debts of the company has decreased from $4,695 million to $3,863 million. U. S. Steel has 400,000,000 authorized share with par value of $1, and issued stocks are 279,522,227. Total shareholders equity has increased from $3,786 million to $9,010 million during the year.
	45	+The company reported cash balance of $3,504 million on December 31, 2022, which was $2,522 million a year earlier. Total current assets reported for the years are $7,866 million, and $7,152 million, respectively. Property, plant and equipment on December 31, 2022 is $8,492 million, which was $7,254 million the previous year. Total assets reported is $19,458 million, and $17,816 million for the years, respectively. Current liabilities of the company on December 31, 2022 is $3,959 million, and $3,852 million a year earlier. Long-term debts of the company has increased from $3,863 million to $3,914 million. U. S. Steel has 400,000,000 authorized share with par value of $1, and issued stocks are 282,487,412. Total shareholders equity has increased from $9,010 million to $10,218 million during the year.
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47		-Net cash provided by operating activities in 2021 is $4,090 million, up from $138 million. Net cash used in investing activities is $840 million, up from $563 million used in a year earlier. Net cash used in financing activities in 2021 is $2,747 million. The negative figure is due to the fact that the company has paid $3,183 million long-term debt in the year. Net cash provided by financing activities during 2020 is $1,581 million.
	47	+Net cash provided by operating activities in 2022 is $3,505 million, down from $4,090 million. Net cash used in investing activities is $1,679 million, up from $840 million used in a year earlier. Net cash used in financing activities in 2022 is $868 million.
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49	49	= Business Overview =
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