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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
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 3,175
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