What are the steps of the hydrologic cycle?

The following are the important steps of the hydrologic cycle:

• Evaporation: Evaporation is the primary pathway that water moves from the liquid state back into the water cycle as atmospheric water vapour. 
• Condensation: Condensation is the change of the state of matter from the gas phase into the liquid phase, and is the reverse of vaporization.
• Precipitation: precipitation is any product of the condensation of atmospheric water vapour that falls under gravitational pull from clouds.
• Interception: Interception refers to precipitation that does not reach the soil, but is instead intercepted by the leaves, branches of plants and the forest floor.
• Infiltration: Infiltration happens when water soaks into the soil from the ground level. It moves underground and moves between the soil and rocks.
• Percolation: Percolation is the process of a liquid slowly passing through a filter.
• Transpiration: Transpiration is the process of water movement through a plant and its evaporation from aerial parts, such as leaves, stems and flowers.
• Runoff: Runoff occurs when there is more water than land can absorb. The excess liquid flows across the surface of the land and into nearby creeks, streams, or ponds.
• Storage: Storage is where water in the system resides or rests as it moves from one water reservoir to another.

Further Reading:

• Hydrological Cycle
• Evaporation and condensation