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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Cash Provided by (Used in) Operating Activities    
Net earnings (losses) $ 516 $ 5,716
Adjustments to reconcile net earnings (losses) to operating cash flows:    
Depreciation and amortization 163 168
Deferred income tax provision (benefit) (261) 215
Earnings from equity investments (866) (759)
Dividends from ABI 221 477
Loss on ABI/SABMiller business combination 0 33
Loss on Cronos-related financial instruments 1,327 0
Impairment of JUUL equity securities 4,500 0
Asset impairment and exit costs, net of cash paid (33) (24)
Cash effects of changes:    
Receivables (21) (45)
Inventories 147 147
Accounts payable (157) (79)
Income taxes 174 308
Accrued liabilities and other current assets (359) (319)
Accrued settlement charges (360) 757
Pension plan contributions (51) (19)
Pension provisions and postretirement, net (42) (19)
Other, net 376 9
Net cash provided by (used in) operating activities 5,274 6,566
Cash Provided by (Used in) Investing Activities    
Capital expenditures (160) (132)
Investment in Cronos (1,863) 0
Acquisition of businesses and assets (421) (15)
Other, net 32 10
Net cash provided by (used in) investing activities (2,412) (137)
Cash Provided by (Used in) Financing Activities    
Repayment of short-term borrowings (12,800) 0
Long-term debt issued 16,265 0
Long-term debt repaid (1,144) 0
Repurchases of common stock (346) (1,317)
Dividends paid on common stock (4,498) (3,909)
Other, net (127) (25)
Net cash provided by (used in) financing activities (2,650) (5,251)
Cash, cash equivalents and restricted cash:    
Increase (decrease) 212 1,178
Balance at beginning of period 1,433 1,314
Balance at end of period 1,645 2,492
Cash, cash equivalents and restricted cash $ 1,645 $ 1,314