This company has been moved to the archive! The financial data has not been updated since October 31, 2024.
Cash Flow Statement
The cash flow statement provides information about a company cash receipts and cash payments during an accounting period, showing how these cash flows link the ending cash balance to the beginning balance shown on the company balance sheet.
The cash flow statement consists of three parts: cash flows provided by (used in) operating activities, cash flows provided by (used in) investing activities, and cash flows provided by (used in) financing activities.
Altria Group Inc., consolidated cash flow statement
US$ in millions
12 months ended:
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Net earnings (losses)
8,130)
5,764)
2,475)
4,454)
(1,298)
Depreciation and amortization
272)
226)
244)
257)
226)
Deferred income tax benefit
(230)
(947)
(1,160)
(164)
(95)
Unrecognized tax benefit
1,111)
16)
(21)
—)
—)
(Income) losses from investments in equity securities
(243)
3,641)
5,979)
111)
(1,725)
Dividends from ABI
163)
104)
119)
108)
396)
Loss on Cronos-related financial instruments
—)
15)
148)
140)
1,442)
Impairment of JUUL equity securities
—)
—)
—)
2,600)
8,600)
Loss on early extinguishment of debt
—)
—)
649)
—)
—)
Receivables
6)
(21)
(18)
20)
(8)
Inventories
(15)
14)
57)
2)
42)
Accounts payable
38)
92)
163)
53)
(79)
Income taxes
6)
(118)
(149)
(29)
89)
Accrued liabilities and other current assets
280)
(129)
165)
(15)
11)
Accrued settlement charges
(362)
(424)
(215)
218)
(108)
Cash effects of changes in operating capital
(47)
(586)
3)
249)
(53)
Pension plan contributions
(20)
(20)
(26)
(33)
(56)
Pension and postretirement, net
(136)
(156)
(175)
(49)
(52)
Other, net
287)
199)
170)
712)
452)
Adjustments to reconcile net earnings (losses) to operating cash flows
1,157)
2,492)
5,930)
3,931)
9,135)
Net cash provided by operating activities
9,287)
8,256)
8,405)
8,385)
7,837)
Capital expenditures
(196)
(205)
(169)
(231)
(246)
Proceeds from the sale of IQOS System commercialization rights
1,700)
1,000)
—)
—)
—)
Acquisitions of businesses and assets
—)
—)
—)
—)
(421)
Investment in Cronos
—)
—)
—)
—)
(1,899)
Proceeds from the Ste. Michelle Transaction, net of cash transferred
—)
—)
1,176)
—)
—)
Acquisition of NJOY, net of cash acquired
(2,751)
—)
—)
—)
—)
Other, net
(36)
(13)
205)
88)
168)
Net cash (used in) provided by investing activities
(1,283)
782)
1,212)
(143)
(2,398)
Proceeds from short-term borrowings
2,000)
—)
—)
3,000)
—)
Repayment of short-term borrowings
(2,000)
—)
—)
(3,000)
(12,800)
Long-term debt issued
998)
—)
5,472)
1,993)
16,265)
Long-term debt repaid
(1,566)
(1,105)
(6,542)
(1,000)
(1,144)
Repurchases of common stock
(1,000)
(1,825)
(1,675)
—)
(845)
Dividends paid on common stock
(6,779)
(6,599)
(6,446)
(6,290)
(6,069)
Premiums and fees related to early extinguishment of debt
—)
—)
(623)
—)
—)
Other, net
(27)
(12)
(215)
(99)
(119)
Net cash used in financing activities
(8,374)
(9,541)
(10,029)
(5,396)
(4,712)
Cash, cash equivalents and restricted cash, increase (decrease)
(370)
(503)
(412)
2,846)
727)
Cash, cash equivalents and restricted cash, balance at beginning of year
4,091)
4,594)
5,006)
2,160)
1,433)
Cash, cash equivalents and restricted cash, balance at end of year
