The cell cycle consists of interphase and mitosis. Interphase includes G1, S, and G2 phases where the cell grows and duplicates its DNA. Mitosis is then divided into prophase, metaphase, anaphase, and telophase where the duplicated chromosomes separate and the cell divides into two daughter cells, completing the cycle. Key events include DNA replication in S phase, alignment of chromosomes at the metaphase plate in metaphase, separation of chromatids in anaphase, and division of the cell cytoplasm in cytokinesis.