In the seventies, Balas introduced intersection cuts for a
Mixed Integer Linear Program (MILP), and showed that these cuts can
be obtained by a closed form formula from a basis of the standard linear programming relaxation. In the early nineties, Cook, Kannan and
Schrijver introduced the split closure of an MILP, and showed that the
split closure is a polyhedron. In this paper, we show that the split closure can be obtained using only intersection cuts. We give two different
proofs of this result, one geometric and one algebraic. Furthermore, the
result is used to provide a new proof of the fact that the split closure
is a polyhedron. Finally, we extend the result to more general two-term
disjunctions.