10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
| ||||||||||||||
|
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
ALTRIA GROUP, INC. | |||
Ticker: MO Fiscal Year: 2011 | |||
Consolidated Statements Of Cash Flows | |||
Period Ending Dec 31, 2011 10-K (Filed: Feb 16, 2012) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2011 | Dec 31, 2010 | Dec 31, 2009 | |
| Cash Provided by (Used in) Operating Activities | |||
| Net earnings (loss) - Consumer products | $ 3,905 | 3,819 | 3,054 |
| Net earnings (loss) - Financial services | (512) | 88 | 154 |
| Net earnings | 3,393 | 3,907 | 3,208 |
| Adjustments to reconcile net earnings to operating cash flows: | |||
| Consumer products | |||
| Depreciation and amortization | 253 | 276 | 291 |
| Deferred income tax provision | (443) | 124 | 43 |
| Earnings from equity investment in SABMiller | (730) | (628) | (600) |
| Dividends from SABMiller | 357 | 303 | 254 |
| Asset impairment and exit costs, net of cash paid | 179 | (188) | (22) |
| IRS payment related to LILO and SILO transactions | (945) | ||
| Cash effects of changes, net of the effects from acquisition of UST: | |||
| Receivables, net | (19) | 15 | (7) |
| Inventories | 24 | 7 | 51 |
| Accounts payable | (60) | 48 | (25) |
| Income taxes | (151) | (53) | 130 |
| Accrued liabilities and other current assets | 21 | (221) | 218 |
| Accrued settlement charges | (22) | (100) | (346) |
| Pension plan contributions | (240) | (30) | (37) |
| Pension provisions and postretirement, net | 243 | 185 | 193 |
| Other | 47 | 96 | 232 |
| Financial services | |||
| PMCC Leveraged Lease Charge | 490 | ||
| Net increase to allowance for losses | 25 | 15 | |
| Other | 246 | (29) | (155) |
| Net cash provided by operating activities | 3,613 | 2,767 | 3,443 |
| Cash Provided by (Used in) Investing Activities | |||
| Consumer products | |||
| Capital expenditures | (105) | (168) | (273) |
| Acquisition of UST, net of acquired cash | (10,244) | ||
| Other | 2 | 115 | (31) |
| Financial services | |||
| Investments in finance assets | (9) | ||
| Proceeds from finance assets | 490 | 312 | 793 |
| Net cash provided by (used in) investing activities | 387 | 259 | (9,764) |
| Cash Provided by (Used in) Financing Activities | |||
| Consumer products | |||
| Net repayment of short-term borrowings | (205) | ||
| Long-term debt issued | 1,494 | 1,007 | 4,221 |
| Long-term debt repaid | (775) | (375) | |
| Financial services | |||
| Long-term debt repaid | (500) | ||
| Repurchases of common stock | (1,327) | ||
| Dividends paid on common stock | (3,222) | (2,958) | (2,693) |
| Issuances of common stock | 29 | 104 | 89 |
| Financing fees and debt issuance costs | (24) | (6) | (177) |
| Other | 6 | 45 | (84) |
| Net cash (used in) provided by financing activities | (3,044) | (2,583) | 276 |
| Cash and cash equivalents: | |||
| Increase (Decrease) | 956 | 443 | (6,045) |
| Balance at beginning of year | 2,314 | 1,871 | |
| Balance at end of year | 3,270 | 2,314 | 1,871 |
| Cash paid: - Interest - Consumer products | 1,154 | 1,084 | 904 |
| - Financial services | 38 | ||
| Cash paid:- Income taxes | 2,865 | 1,884 | 1,606 |
| Products and Services | |||
| Consumer Products | |||
| Deferred income tax provision | 382 | 408 | 499 |
| Financial Services | |||
| Deferred income tax benefit | (825) | (284) | (456) |
| External Links | |
| ALTRIA GROUP, INC. (MO) Fiscal Year 2011 | |
| Statements of 10-K in Excel | https://www.sec.gov/.../Financial.xlxs |
| Complete 10-K in HTML | https://www.sec.gov/.../10-K.html |
| Complete 10-K in XBRL | https://www.sec.gov/.../10-K-xbrl.zip |