Condensed Consolidated Statements of Cash Flows $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2023 USD ($)		Jun. 30, 2023 USD ($)		Jun. 30, 2022 USD ($)
Cash Provided by (Used in) Operating Activities
Net earnings	$ 2,117		$ 3,904		$ 2,850
Adjustments to reconcile net earnings to operating cash flows:
Depreciation and amortization			114		109
Deferred income tax provision (benefit)			(406)		20
(Income) losses from investments in equity securities	(127)		(47)		1,229
Dividends from ABI			163		104
Loss on Cronos-related financial instruments	0		0		14
Cash effects of changes
Receivables			(58)	[1]	4
Inventories			9	[1]	50
Accounts payable			(82)	[1]	(47)
Income taxes			(191)	[1]	6
Accrued liabilities and other current assets			187	[1]	(177)
Accrued settlement charges			(1,363)	[1]	(1,600)
Pension plan contributions			(11)		(8)
Pension and postretirement, net			(63)		(74)
Other, net			952	[2]	81
Net cash provided by (used in) operating activities			3,108		2,561
Cash Provided by (Used in) Investing Activities
Capital expenditures			(103)		(83)
Acquisition of NJOY, net of cash acquired			(2,750)		0
Other, net			(5)		(67)
Net cash provided by (used in) investing activities			(2,858)		(150)
Cash Provided by (Used in) Financing Activities
Proceeds from short-term borrowings			2,000		0
Long-term debt repaid			(1,566)		0
Repurchases of common stock			(472)		(1,083)
Dividends paid on common stock			(3,365)		(3,279)
Other, net			(15)		(11)
Net cash provided by (used in) financing activities			(3,418)		(4,373)
Cash, cash equivalents and restricted cash:
Increase (decrease)			(3,168)		(1,962)
Balance at beginning of period			4,091		4,594
Balance at end of period	923		923		2,632
Cash and cash equivalents	874		874
Restricted cash included in other current assets	15	[3]	15	[3]
Restricted cash included in other assets	34	[3]	34	[3]
Cash, cash equivalents and restricted cash	$ 923		$ 923		$ 2,632

[1] 2023 amounts are net of the effects from the NJOY Transaction. For further details, see Note 2. Acquisition of NJOY.

[2] 2023 includes $782 million of unrecognized tax benefit from the ordinary loss for cash tax purposes with respect to a portion of our tax basis associated with our former investment in JUUL, which is substantially offset by a corresponding change included in income taxes. For further discussion, see Note 12. Income Taxes.

[3] Restricted cash consisted primarily of cash deposits collateralizing appeal bonds posted by PM USA to obtain stays of judgments pending appeals. See Note 13. Contingencies.