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: 2016 | |||
Consolidated Statements of Cash Flows | |||
Period Ending Dec 31, 2016 10-K (Filed: Feb 27, 2017) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2016 | Dec 31, 2015 | Dec 31, 2014 | |
| Cash Provided by (Used in) Operating Activities | |||
| Net earnings | $ 14,244 | 5,243 | 5,070 |
| Adjustments to reconcile net earnings to operating cash flows: | |||
| Depreciation and amortization | 204 | 225 | 208 |
| Deferred income tax provision (benefit) | 3,119 | (132) | (129) |
| Earnings from equity investment in SABMiller | (795) | (757) | (1,006) |
| Gain on AB InBev/SABMiller business combination | 13,865 | 5 | 0 |
| Dividends from AB InBev/SABMiller | 739 | 495 | 456 |
| Asset impairment and exit costs, net of cash paid | 106 | 1 | (9) |
| Loss on early extinguishment of debt | 823 | 228 | 44 |
| Cash effects of changes, net of the effects from acquisition of Green Smoke: | |||
| Receivables | (27) | 3 | (8) |
| Inventories | (34) | (33) | (184) |
| Accounts payable | (6) | (7) | (5) |
| Income taxes | (231) | (12) | 1 |
| Accrued liabilities and other current assets | (113) | 184 | (107) |
| Accrued settlement charges | 111 | 90 | 109 |
| Pension plan contributions | (531) | (28) | (15) |
| Pension provisions and postretirement, net | (73) | 114 | 21 |
| Other | 120 | 201 | 217 |
| Net cash provided by operating activities | 3,791 | 5,810 | 4,663 |
| Cash Provided by (Used in) Investing Activities | |||
| Capital expenditures | (189) | (229) | (163) |
| Acquisition of Green Smoke, net of acquired cash | 0 | 0 | (102) |
| Proceeds from finance assets | 231 | 354 | 369 |
| Proceeds from AB InBev/SABMiller business combination | 4,773 | 0 | 0 |
| Purchase of AB InBev ordinary shares | (1,578) | 0 | 0 |
| Payment for derivative financial instruments | (3) | (132) | 0 |
| Proceeds from derivative financial instruments | 510 | 0 | 0 |
| Other | (36) | (8) | 73 |
| Net cash (used in) provided by investing activities | 3,708 | (15) | 177 |
| Cash Provided by (Used in) Financing Activities | |||
| Long-term debt issued | 1,976 | 0 | 999 |
| Long-term debt repaid | (933) | (1,793) | (825) |
| Repurchases of common stock | (1,030) | (554) | (939) |
| Dividends paid on common stock | (4,512) | (4,179) | (3,892) |
| Premiums and fees related to early extinguishment of debt | (809) | (226) | (44) |
| Other | 9 | 5 | 7 |
| Net cash used in financing activities | (5,299) | (6,747) | (4,694) |
| Cash and cash equivalents: | |||
| Increase (decrease) | 2,200 | (952) | 146 |
| Balance at beginning of year | 2,369 | 3,321 | |
| Balance at end of year | 4,569 | 2,369 | 3,321 |
| Cash Paid: Interest | 775 | 776 | 820 |
| Cash Paid: Income taxes | 4,664 | 3,029 | 2,765 |
| External Links | |
| ALTRIA GROUP, INC. (MO) Fiscal Year 2016 | |
| 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 |