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: 2014 | |||
Consolidated Statements of Cash Flows | |||
Period Ending Dec 31, 2014 10-K (Filed: Feb 25, 2015) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2014 | Dec 31, 2013 | Dec 31, 2012 | |
| Cash Provided by (Used in) Operating Activities | |||
| Net earnings | $ 5,070 | 4,535 | 4,183 |
| Adjustments to reconcile net earnings to operating cash flows: | |||
| Depreciation and amortization | 208 | 212 | 225 |
| Deferred income tax benefit | (129) | (86) | (929) |
| Earnings from equity investment in SABMiller | (1,006) | (991) | (1,224) |
| Dividends from SABMiller | 456 | 439 | 402 |
| Loss on early extinguishment of debt | 44 | 1,084 | 874 |
| IRS payment related to the Closing Agreement | 0 | 0 | (456) |
| Cash effects of changes, net of the effects from acquisition of Green Smoke: | |||
| Receivables, net | (8) | 78 | 202 |
| Inventories | (184) | (133) | 33 |
| Accounts payable | (5) | (76) | (13) |
| Income taxes | 1 | (95) | 883 |
| Accrued liabilities and other current assets | (107) | (107) | (14) |
| Accrued settlement charges | 109 | (225) | 103 |
| Pension plan contributions | (15) | (393) | (557) |
| Pension provisions and postretirement, net | 21 | 177 | 192 |
| Other | 208 | (44) | (19) |
| Net Cash Provided by (Used in) Operating Activities | 4,663 | 4,375 | 3,885 |
| Cash Provided by (Used in) Investing Activities | |||
| Capital expenditures | (163) | (131) | (124) |
| Acquisition of Green Smoke, net of acquired cash | (102) | 0 | 0 |
| Proceeds from finance assets | 369 | 716 | 1,049 |
| Other | 73 | 17 | (5) |
| Net cash provided by (used in) investing activities | 177 | 602 | 920 |
| Cash Provided by (Used in) Financing Activities | |||
| Long-term debt issued | 999 | 4,179 | 2,787 |
| Long-term debt repaid | (825) | (3,559) | (2,600) |
| Repurchases of common stock | (939) | (634) | (1,082) |
| Dividends paid on common stock | (3,892) | (3,612) | (3,400) |
| Financing fees and debt issuance costs | (7) | (39) | (22) |
| Premiums and fees related to early extinguishment of debt | (44) | (1,054) | (864) |
| Other | 14 | 17 | 6 |
| Net cash used in financing activities | (4,694) | (4,702) | (5,175) |
| Cash and cash equivalents: | |||
| Increase (decrease) | 146 | 275 | (370) |
| Balance at beginning of year | 3,175 | 2,900 | |
| Balance at end of year | 3,321 | 3,175 | 2,900 |
| Cash Paid: Interest | 820 | 1,099 | 1,219 |
| Cash Paid: Income taxes | 2,765 | 2,448 | 3,338 |
| External Links | |
| ALTRIA GROUP, INC. (MO) Fiscal Year 2014 | |
| 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 |