Mitosis is the part of the cell cycle that results in two genetically identical cells. This is known as asexual cell division or reproduction. To not get mitosis mixed up with meiosis, which does not produce identical cells, you can remember that the 'i' and the 't' in mitosis stand for "identical two." Mitosis can be separated into five key phases: prophase, prometaphase, metaphase, anaphase, and telophase.