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: 2017 | |||
Consolidated Statements of Cash Flows | |||
Period Ending Dec 31, 2017 10-K (Filed: Feb 27, 2018) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2017 | Dec 31, 2016 | Dec 31, 2015 | |
| Cash Provided by (Used in) Operating Activities | |||
| Net earnings | $ 10,227 | 14,244 | 5,243 |
| Adjustments to reconcile net earnings to operating cash flows: | |||
| Depreciation and amortization | 209 | 204 | 225 |
| Deferred income tax (benefit) provision | (3,126) | 3,119 | (132) |
| Earnings from equity investment in AB InBev/SABMiller | (532) | (795) | (757) |
| Gain on AB InBev/SABMiller business combination | (445) | (13,865) | (5) |
| Dividends from AB InBev/SABMiller | 806 | 739 | 495 |
| Asset impairment and exit costs, net of cash paid | (38) | 106 | 1 |
| Loss on early extinguishment of debt | 0 | 823 | 228 |
| Cash effects of changes: | |||
| Receivables | 10 | (27) | 3 |
| Inventories | (171) | (34) | (33) |
| Accounts payable | (55) | 24 | 26 |
| Income taxes | (294) | (231) | (12) |
| Accrued liabilities and other current assets | (85) | (113) | 184 |
| Accrued settlement charges | (1,259) | 111 | 90 |
| Pension and postretirement plans contributions | (294) | (531) | (28) |
| Pension provisions and postretirement, net | (11) | (73) | 114 |
| Other | (20) | 120 | 201 |
| Net cash provided by operating activities | 4,922 | 3,821 | 5,843 |
| Cash Provided by (Used in) Investing Activities | |||
| Capital expenditures | (199) | (189) | (229) |
| Acquisitions of businesses and assets | (415) | (45) | 0 |
| Proceeds from finance assets | 133 | 231 | 354 |
| Proceeds from AB InBev/SABMiller business combination | 0 | 4,773 | 0 |
| Purchase of AB InBev ordinary shares | 0 | (1,578) | 0 |
| Payment for derivative financial instruments | (5) | (3) | (132) |
| Proceeds from derivative financial instruments | 0 | 510 | 0 |
| Other | 19 | 9 | (8) |
| Net cash (used in) provided by investing activities | (467) | 3,708 | (15) |
| Cash Provided by (Used in) Financing Activities | |||
| Long-term debt issued | 0 | 1,976 | 0 |
| Long-term debt repaid | 0 | (933) | (1,793) |
| Repurchases of common stock | (2,917) | (1,030) | (554) |
| Dividends paid on common stock | (4,807) | (4,512) | (4,179) |
| Premiums and fees related to early extinguishment of debt | 0 | (809) | (226) |
| Other | (47) | (21) | (28) |
| Net cash used in financing activities | (7,771) | (5,329) | (6,780) |
| Cash and cash equivalents: | |||
| (Decrease) increase | (3,316) | 2,200 | (952) |
| Balance at beginning of year | 4,569 | 2,369 | |
| Balance at end of year | 1,253 | 4,569 | 2,369 |
| Cash Paid: Interest | 696 | 775 | 776 |
| Cash Paid: Income taxes | 3,036 | 4,664 | 3,029 |
| External Links | |
| ALTRIA GROUP, INC. (MO) Fiscal Year 2017 | |
| 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 |