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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Cash Provided by (Used in) Operating Activities    
Net earnings $ 3,118 $ 3,772
Adjustments to reconcile net earnings to operating cash flows:    
Depreciation and amortization 106 104
Deferred income tax provision (benefit) (52) 64
Earnings from equity investments (533) (570)
Dividends from ABI 221 477
Loss on ABI/SABMiller business combination 0 33
Loss on Cronos-related financial instruments 691 0
Asset impairment and exit costs, net of cash paid (1) (16)
Cash effects of changes:    
Receivables (21) (2)
Inventories 96 105
Accounts payable (175) (158)
Income taxes 94 225
Accrued liabilities and other current assets 80 121
Accrued settlement charges (1,435) (369)
Pension plan contributions (14) (11)
Pension provisions and postretirement, net (18) (2)
Other, net 235 77
Net cash provided by (used in) operating activities 2,392 3,850
Cash Provided by (Used in) Investing Activities    
Capital expenditures (79) (72)
Investment in Cronos (1,832) 0
Other, net (65) (9)
Net cash provided by (used in) investing activities (1,976) (81)
Cash Provided by (Used in) Financing Activities    
Repayment of short-term borrowings (12,800) 0
Long-term debt issued 16,265 0
Repurchases of common stock (346) (950)
Dividends paid on common stock (3,001) (2,585)
Other (131) (25)
Net cash provided by (used in) financing activities (13) (3,560)
Cash, cash equivalents and restricted cash:    
Increase (decrease) 403 209
Balance at beginning of period 1,433 1,314
Balance at end of period 1,836 1,523
Cash, cash equivalents and restricted cash $ 1,433 $ 1,523