10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
ALTRIA GROUP, INC. | |||
Ticker: MO Fiscal Year: 2012 | |||
Consolidated Statements Of Cash Flows | |||
Period Ending Dec 31, 2012 10-K (Filed: Feb 27, 2013) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2012 | Dec 31, 2011 | Dec 31, 2010 | |
| Cash Provided by (Used in) Operating Activities | |||
| Net earnings (loss) - Consumer products | $ 4,006 | 3,905 | 3,819 |
| Net earnings (loss) - Financial services | 177 | (512) | 88 |
| Net earnings | 4,183 | 3,393 | 3,907 |
| Adjustments to reconcile net earnings to operating cash flows: | |||
| Consumer products | |||
| Depreciation and amortization | 225 | 253 | 276 |
| Deferred income tax provision | (929) | (443) | 124 |
| Earnings from equity investment in SABMiller | (1,224) | (730) | (628) |
| Dividends from SABMiller | 402 | 357 | 303 |
| Asset impairment and exit costs, net of cash paid | (73) | 179 | (188) |
| IRS payment related to LILO and SILO transactions | (456) | 0 | (945) |
| Loss on early extinguishment of debt | 874 | 0 | 0 |
| Cash effects of changes: | |||
| Receivables, net | 202 | (19) | 15 |
| Inventories | 33 | 24 | 7 |
| Accounts payable | 5 | (60) | 48 |
| Income taxes | (449) | (151) | (53) |
| Accrued liabilities and other current assets | (14) | 21 | (221) |
| Accrued settlement charges | 103 | (22) | (100) |
| Pension plan contributions | (557) | (240) | (30) |
| Pension provisions and postretirement, net | 192 | 243 | 185 |
| Other | 126 | 47 | 96 |
| Financial services | |||
| PMCC leveraged lease charges | 7 | 490 | 0 |
| Net (decrease) increase to allowance for losses | (10) | 25 | 0 |
| Other liabilities - income taxes | 1,332 | 298 | (5) |
| Other | (69) | (52) | (24) |
| Net cash provided by operating activities | 3,903 | 3,613 | 2,767 |
| Cash Provided by (Used in) Investing Activities | |||
| Consumer products | |||
| Capital expenditures | (124) | (105) | (168) |
| Other | (5) | 2 | 115 |
| Financial services | |||
| Proceeds from finance assets | 1,049 | 490 | 312 |
| Net cash provided by investing activities | 920 | 387 | 259 |
| Cash Provided by (Used in) Financing Activities | |||
| Consumer products | |||
| Long-term debt issued | 2,787 | 1,494 | 1,007 |
| Long-term debt repaid | (2,600) | 0 | (775) |
| Repurchases of common stock | (1,082) | (1,327) | 0 |
| Dividends paid on common stock | (3,400) | (3,222) | (2,958) |
| Issuances of common stock | 0 | 29 | 104 |
| Financing fees and debt issuance costs | (22) | (24) | (6) |
| Tender premiums and fees related to early extinguishment of debt | (864) | 0 | 0 |
| Other | (12) | 6 | 45 |
| Net cash used in financing activities | (5,193) | (3,044) | (2,583) |
| Cash and cash equivalents: | |||
| (Decrease) Increase | (370) | 956 | 443 |
| Balance at beginning of year | 3,270 | 2,314 | |
| Balance at end of year | 2,900 | 3,270 | 2,314 |
| Cash paid: Interest | 1,219 | 1,154 | 1,084 |
| Cash Paid: Income taxes | 3,338 | 2,865 | 1,884 |
| Products and Services | |||
| Consumer Products | |||
| Deferred income tax provision | 406 | 382 | 408 |
| Financial Services | |||
| Deferred income tax provision | (1,335) | (825) | (284) |
| External Links | |
| ALTRIA GROUP, INC. (MO) Fiscal Year 2012 | |
| 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 |