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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
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 3,321
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