This document describes the ideal Rankine cycle, which is the thermodynamic cycle that forms the basis for steam power plants. It consists of four processes: 1) isentropic compression of water in a pump, 2) constant pressure heat addition to produce high-temperature, high-pressure steam in a boiler, 3) isentropic expansion of the steam in a turbine to produce work, and 4) constant pressure heat rejection in a condenser to return the steam to liquid water. The Rankine cycle is the idealized model that closely approximates the actual thermodynamic cycle used in steam power plants to convert heat into useful work.