Altria group, inc. (MO)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08Dec'07
Cash Provided by (Used in) Operating Activities
Net earnings (loss) - Consumer products

-

-

-

-

-

-

-

-

-

3,819

3,054

3,065

2,910

Net earnings (loss) - Financial services

-

-

-

-

-

-

-

-

-

88

154

25

221

Earnings from discontinued operations, net of income taxes

-

-

-

-

-

-

-

-

-

-

-

1,901

7,006

Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

-1,298

6,967

10,227

14,244

5,243

5,070

4,535

4,183

3,393

3,907

3,208

4,991

10,137

Adjustments to reconcile net earnings to operating cash flows:
Depreciation and amortization

226

227

209

204

225

208

212

225

253

276

291

215

232

Deferred income tax provision (benefit)

-95

-57

-3,126

3,119

-132

-129

-86

-929

-443

124

43

-138

101

Earnings from equity investments

1,725

890

532

795

757

1,006

991

1,224

730

628

600

467

510

(Gain) loss on ABI/SABMiller business combination

0

-33

445

13,865

5

0

-

-

-

-

-

-

-

Dividends from ABI

396

657

806

739

495

456

439

402

357

303

254

-249

224

Derivative, Gain (Loss) on Derivative, Net

-1,442

0

0

-

-

-

-

-

-

-

-

-

-

Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount

8,600

0

0

-

-

-

-

-

-

-

-

-

-

PMCC leveraged lease charges

-

-

-

-

-

-

-

-

490

0

-

-

-

Asset impairment and exit costs, net of cash paid

41

354

-38

106

1

-9

-

-

178

-188

-22

-197

333

(Gain) loss on sale of corporate headquarters building

-

-

-

-

-

-

-

-

-

-

-

404

0

Gain (Loss) on Extinguishment of Debt

-

-

-

-823

-228

-44

-1,084

-874

0

0

-

-393

0

IRS payment related to the Closing Agreement

-

-

-

-

-

-

-

456

0

-

-

-

-

I R S Payment Related To L I L O And S I L O Transactions

-

-

-

-

-

-

-

-

-

945

-

-

-

Escrow bond for the Engle tobacco case

-

-

-

-

-

-

-

-

-

-

-

-

1,300

Cash effects of changes:
Receivables

8

0

-10

27

-3

8

-78

-202

19

-15

7

84

-162

Inventories

-42

129

171

34

33

184

133

-33

-24

-7

-51

-185

-375

Accounts payable

-79

27

-55

24

26

-5

-76

-13

-92

48

-25

-162

-82

Income taxes

89

218

-294

-231

-12

1

-95

883

147

-53

130

-201

-900

Accrued liabilities and other current assets

-11

21

85

113

-184

107

107

14

-21

221

-218

27

247

Accrued settlement charges

-108

980

-1,259

111

90

109

-225

103

-22

-100

-346

5

434

Pension plan contributions

56

41

294

531

28

15

393

557

240

30

37

45

37

Pension provisions and postretirement, net

-52

-13

-11

-73

114

21

177

192

243

185

193

192

165

Other, net

-411

-79

41

-125

-201

-217

44

19

-21

-96

-232

-139

-302

Deferred income tax benefit

-

-

-

-

-

-

-

-

-

-

-

-

-320

Net (decrease) increase to allowance for losses

-

-

-

-

-

-

-

-

-

0

15

100

0

Other liabilities - income taxes

-

-

-

-

-

-

-

-

-

-5

-

-

-

Other

-

-

-

-

-

-

-

-

-

-24

-155

-22

-83

Net cash provided by (used in) operating activities

7,837

8,391

4,901

3,826

5,843

4,663

4,375

-

-

2,767

3,443

4,881

10,316

Net cash provided by operating activities, discontinued operations

-

-

-

-

-

-

-

-

-

-

-

1,666

5,736

Net cash provided by operating activities

-

-

-

-

-

-

-

3,885

3,581

-

-

3,215

4,580

Cash Provided by (Used in) Investing Activities
Capital expenditures

246

238

199

189

229

163

131

124

105

168

273

241

386

Investment in JUUL

5

12,800

0

0

-

-

-

-

-

-

-

-

-

Investment in Cronos

1,899

0

0

-

-

-

-

-

-

-

-

-

-

Acquisitions of businesses and assets

421

15

415

45

0

-

-

-

-

-

-

-

-

Acquisition of Green Smoke, net of acquired cash

-

-

-

-

-

102

0

0

-

-

10,244

-

0

Proceeds from finance assets

-

-

-

-231

-354

-369

-716

-1,049

-490

312

793

403

-

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

-

-

-

-

132

0

0

-

-

-

-

-

-

Proceeds from derivative financial instruments

-

-

-

510

0

0

-

-

-

-

-

-

-

Proceeds From Sale And Collection Of Finance Receivables

-

-

-

-

-

-

-

-

-

-

-

-

486

Investments in finance assets

-

-

-

-

-

-

-

-

-

-

9

-1

5

Proceeds from sale of corporate headquarters building

-

-

-

-

-

-

-

-

-

-

-

525

0

Acquisition of John Middleton Co., net of acquired cash

-

-

-

-

-

-

-

-

-

-

-

-

2,898

Other, net

-173

-65

-147

-6

8

-73

-17

5

-2

-115

31

-110

-108

Net cash provided by (used in) investing activities

-2,398

-12,988

-467

3,708

-15

177

602

-

387

259

-9,764

479

-5,255

Net cash used in investing activities, discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-317

-2,560

Net cash provided by (used in) investing activities

-

-

-

-

-

-

-

920

-

-

-

796

-2,695

Cash Provided by (Used in) Financing Activities
Proceeds from short-term borrowings

0

12,800

0

0

-

-

-

-

-

-

-

-

-

Repayment of short-term borrowings

12,800

0

0

-

-

-

-

-

-

-

205

-

-

Net (repayment) issuance of short-term borrowings

-

-

-

-

-

-

-

-

-

-

-

-

2

Long-term debt issued

16,265

0

0

1,976

0

999

4,179

2,787

1,494

1,007

4,221

6,738

0

Long-term debt repaid

1,144

864

0

933

1,793

825

3,559

2,600

0

775

375

4,057

500

Financial services
Long-term debt repaid

-

-

-

-

-

-

-

-

-

-

500

-

617

Repurchases of common stock

845

1,673

2,917

1,030

554

939

634

1,082

1,327

0

-

1,166

0

Dividends paid on common stock

6,069

5,415

4,807

4,512

4,179

3,892

3,612

3,400

3,222

2,958

2,693

4,428

6,652

Issuances of common stock

-

-

-

-

-

-

-

-

29

104

89

89

423

Kraft Foods Inc. dividends paid to Altria Group, Inc.

-

-

-

-

-

-

-

-

-

-

-

-

728

PMI dividends paid to Altria Group, Inc.

-

-

-

-

-

-

-

-

-

-

-

3,019

-6,560

Financing fees and debt issuance costs

-

-

-

-

-

-

-

22

24

6

177

93

0

Premiums and fees related to early extinguishment of debt

-

-

-

809

226

44

1,054

864

0

0

-

-

-

Tender and consent fees related to the early extinguishment of debt

-

-

-

-

-

-

-

-

-

-

-

-371

0

Changes in amounts due to/from PMI

-

-

-

-

-

-

-

-

-

-

-

-664

370

Other, net

-119

-132

-47

-21

-28

7

-22

6

38

45

-84

-4

278

Net cash provided by (used in) financing activities

-4,712

4,716

-7,771

-5,329

-6,780

-4,694

-4,702

-

-

-2,583

276

-2,585

-3,679

Net cash used in financing activities, discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-1,648

-3,531

Net cash used in financing activities

-

-

-

-

-

-

-

-5,175

-3,012

-

-

-937

-148

Cash, cash equivalents and restricted cash:
Increase (decrease)

727

119

-3,337

2,205

-952

146

275

-370

956

443

-6,045

3,074

1,737

Cash paid: Interest

1,102

704

696

775

776

820

1,099

1,219

1,154

1,084

904

208

348

- Financial services

-

-

-

-

-

-

-

-

-

-

38

38

62

Cash Paid: Income taxes

1,977

2,307

3,036

4,664

3,029

2,765

2,448

3,338

2,865

1,884

1,606

1,837

2,241

Effect of exchange rate changes on cash and cash equivalents:
Discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-126

347