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: 2013 | |||
Consolidated Statements of Cash Flows | |||
Period Ending Dec 31, 2013 10-K (Filed: Feb 26, 2014) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2013 | Dec 31, 2012 | Dec 31, 2011 | |
| Cash Provided by (Used in) Operating Activities | |||
| Net earnings | $ 4,535 | 4,183 | 3,393 |
| Adjustments to reconcile net earnings to operating cash flows: | |||
| Depreciation and amortization | 212 | 225 | 253 |
| Deferred income tax benefit | (86) | (929) | (443) |
| Earnings from equity investment in SABMiller | (991) | (1,224) | (730) |
| Dividends from SABMiller | 439 | 402 | 357 |
| PMCC leveraged lease charges | 0 | 7 | 490 |
| Asset impairment and exit costs, net of cash paid | (35) | (73) | 178 |
| IRS payment related to the Closing Agreement | 0 | (456) | 0 |
| Loss on early extinguishment of debt | 1,084 | 874 | 0 |
| Cash effects of changes: | |||
| Receivables, net | 78 | 202 | (19) |
| Inventories | (133) | 33 | 24 |
| Accounts payable | (76) | (13) | (92) |
| Income taxes | (95) | 883 | 147 |
| Accrued liabilities and other current assets | (107) | (14) | 21 |
| Accrued settlement charges | (225) | 103 | (22) |
| Pension plan contributions | (393) | (557) | (240) |
| Pension provisions and postretirement, net | 177 | 192 | 243 |
| Other | (9) | 47 | 21 |
| Net Cash Provided by (Used in) Operating Activities, Continuing Operations | 4,375 | 3,885 | 3,581 |
| Cash Provided by (Used in) Investing Activities | |||
| Capital expenditures | (131) | (124) | (105) |
| Proceeds from finance assets | 716 | 1,049 | 490 |
| Other | 17 | (5) | 2 |
| Net cash (used in) provided by investing activities | 602 | 920 | 387 |
| Cash Provided by (Used in) Financing Activities | |||
| Long-term debt issued | 4,179 | 2,787 | 1,494 |
| Long-term debt repaid | (3,559) | (2,600) | 0 |
| Repurchases of common stock | (634) | (1,082) | (1,327) |
| Dividends paid on common stock | (3,612) | (3,400) | (3,222) |
| Issuances of common stock | 0 | 0 | 29 |
| Financing fees and debt issuance costs | (39) | (22) | (24) |
| Tender premiums and fees related to early extinguishment of debt | (1,054) | (864) | 0 |
| Other | 17 | 6 | 38 |
| Net cash used in financing activities | (4,702) | (5,175) | (3,012) |
| Cash and cash equivalents: | |||
| Increase (decrease) | 275 | (370) | 956 |
| Balance at beginning of year | 2,900 | 3,270 | |
| Balance at end of year | 3,175 | 2,900 | 3,270 |
| Cash Paid: Income taxes | 2,448 | 3,338 | 2,865 |
| Cash Paid: Interest | 1,099 | 1,219 | 1,154 |
| External Links | |
| ALTRIA GROUP, INC. (MO) Fiscal Year 2013 | |
| 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 |