XML 44 R8.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidated Statements of Cash Flows (USD $)
In Millions, unless otherwise specified
9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Cash Provided by (Used in) Operating Activities    
Net earnings $ 4,047 $ 3,078
Adjustments to reconcile net earnings to operating cash flows:    
Depreciation and amortization 158 169
Deferred income tax provision (benefit) (105) (1,088)
Earnings from equity investment in SABMiller (738) (973)
Dividends from SABMiller 331 299
IRS payment related to the Closing Agreement 0 (456)
Loss on early extinguishment of debt 0 (874)
Cash effects of changes:    
Receivables, net 101 202
Inventories 28 155
Accounts payable (19) (38)
Income taxes 181 825
Accrued liabilities and other current assets (103) (195)
Accrued settlement charges (569) (277)
Pension plan contributions (391) (538)
Pension provisions and postretirement, net 133 134
Other (78) (51)
Net cash provided by operating activities 2,976 2,120
Cash Provided by (Used in) Investing Activities    
Capital expenditures (90) (77)
Proceeds from finance assets 559 813
Other 16 (8)
Net cash provided by investing activities 485 728
Cash Provided by (Used in) Financing Activities    
Long-term debt issued 996 2,787
Long-term debt repaid 0 (2,600)
Repurchases of common stock (382) (595)
Dividends paid on common stock (2,652) (2,508)
Financing fees and debt issuance costs (12) (22)
Tender premiums and fees related to early extinguishment of debt 0 (864)
Other (100) (130)
Net cash used in financing activities (2,150) (3,932)
Cash and cash equivalents:    
Increase (decrease) 1,311 (1,084)
Balance at beginning of period 2,900 3,270
Balance at end of period $ 4,211 $ 2,186