Stock Analysis on Net

Altria Group Inc. (NYSE:MO)

This company has been moved to the archive! The financial data has not been updated since July 28, 2022.

Cash Flow Statement
Quarterly Data

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 (quarterly data)

US$ in millions

Microsoft Excel
3 months ended: Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017
Net earnings (losses) 891 1,959 1,624 (2,720) 2,150 1,421 1,922 (956) 1,938 1,550 (1,814) (2,602) 1,997 1,121 1,251 1,944 1,877 1,895 4,968 1,867 1,990 1,402
Depreciation and amortization 57 52 54 62 65 63 65 62 65 65 63 57 53 53 59 64 51 53 54 51 52 52
Deferred income tax provision (benefit) (23) 43 20 (1,244) (1) 65 (53) (107) (30) 26 166 (209) 20 (72) (272) 151 10 54 (2,903) (253) 53 (23)
(Income) losses from equity investments 1,263 (34) 190 5,915 (75) (51) (195) 472 (9) (157) (859) (333) (447) (86) (131) (189) (228) (342) (200) (169) (140) (23)
Dividends from ABI 104 119 108 175 221 180 477 372 434
(Gain) loss on ABI/SABMiller business combination 33 (37) (408)
(Gain) loss on Cronos-related financial instruments 4 10 20 135 103 (110) (62) 105 (40) 137 115 636 266 425
Impairment of JUUL equity securities 2,600 4,100 4,500
Loss on early extinguishment of debt 649
Receivables 3 1 (11) (12) 10 (5) 19 (11) 7 5 13 (5) (16) 45 (43) (11) 9 6 (29) 15 18
Inventories 70 (20) (61) (54) 154 18 (134) 49 92 (5) (105) 51 121 (25) (276) 42 135 (30) (238) 12 123 (68)
Accounts payable 12 (59) 160 116 (15) (98) 29 71 (2) (45) 78 18 14 (189) 106 79 6 (164) 99 79 (44) (189)
Income taxes (631) 637 51 (29) (567) 396 (29) (1,049) 554 495 (85) 80 (377) 471 (90) 83 (296) 521 (635) (38) (340) 719
Accrued liabilities and other current assets 195 (372) 269 (107) 310 (307) 489 (1,532) 1,449 (421) 370 (439) 593 (513) 298 (440) 388 (267) 440 (462) 226 (289)
Accrued settlement charges (2,480) 880 353 1,016 (2,559) 975 358 1,135 (2,348) 1,073 252 1,075 (2,348) 913 223 1,126 (1,387) 1,018 (941) 1,160 (2,567) 1,089
Cash effects of changes in operating capital (2,831) 1,067 761 930 (2,667) 979 732 (1,337) (248) 1,102 523 785 (2,002) 641 306 847 (1,165) 1,087 (1,269) 722 (2,587) 1,280
Pension plan contributions (5) (3) (3) (17) (3) (3) (17) (5) (7) (4) (5) (37) (11) (3) (22) (8) (4) (7) (276) (8) (2) (8)
Pension provisions and postretirement, net (39) (35) (48) (54) (41) (32) (14) 3 (18) (20) (10) (24) (10) (8) 6 (17) (2) 59 (34) (21) (15)
Other, net 65 16 45 56 (11) 59 163 61 58 430 109 109 16 218 448 (76) 25 36 (48) 78 (88)
Adjustments to reconcile net earnings (losses) to operating cash flows (1,405) 1,116 1,039 5,783 (2,511) 1,619 619 1,854 (121) 1,579 4,377 5,484 (1,894) 1,168 574 772 (836) 914 (4,211) 350 (2,707) 1,263
Net cash provided by operating activities (514) 3,075 2,663 3,063 (361) 3,040 2,541 898 1,817 3,129 2,563 2,882 103 2,289 1,825 2,716 1,041 2,809 757 2,217 (717) 2,665
Capital expenditures (38) (45) (67) (49) (27) (26) (69) (56) (54) (52) (86) (81) (41) (38) (106) (60) (38) (34) (48) (60) (58) (33)
Investment in Cronos (36) (31) (1) (1,831)
Acquisitions of businesses and assets (421) (15) (415)
Proceeds from the Ste. Michelle Transaction, net of cash transferred 1,176
Other, net (78) 11 145 16 47 (3) 33 12 43 136 97 16 (81) (12,745) 19 (2) (7) 198 104 42 (197)
Net cash (used in) provided by investing activities (116) (34) 1,254 (33) 20 (29) (36) (44) (11) (52) 14 (436) (26) (1,950) (12,851) (56) (40) (41) (265) 44 (16) (230)
Proceeds from short-term borrowings 3,000 12,800
Repayment of short-term borrowings (3,000) (12,800)
Long-term debt issued 5,472 1,993 16,265
Long-term debt repaid (1,500) (5,042) (1,000) (1,144) (864)
Repurchases of common stock (507) (576) (703) (322) (325) (325) (499) (195) (151) (356) (367) (437) (513) (558) (759) (1,049) (551)
Dividends paid on common stock (1,634) (1,645) (1,659) (1,591) (1,595) (1,601) (1,600) (1,564) (1,563) (1,563) (1,571) (1,497) (1,499) (1,502) (1,506) (1,324) (1,328) (1,257) (1,263) (1,175) (1,182) (1,187)
Premiums and fees related to early extinguishment of debt (623)
Other, net (11) 1 (6) (157) (53) (83) (6) (10) 8 4 (2) (129) (107) (2) (23) (9) (38)
Net cash provided by (used in) financing activities (2,141) (2,232) (2,361) (1,919) (3,577) (2,172) (1,683) (1,564) (2,576) 427 (2,062) (2,637) (1,696) 1,683 9,967 (1,691) (1,767) (1,793) (1,821) (1,934) (2,240) (1,776)
Cash, cash equivalents and restricted cash, increase (decrease) (2,771) 809 1,556 1,111 (3,918) 839 822 (710) (770) 3,504 515 (191) (1,619) 2,022 (1,059) 969 (766) 975 (1,329) 327 (2,973) 659

Based on: 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31).

Cash flow statement item Description The company
Net cash provided by operating activities Amount of cash inflow (outflow) from operating activities, excluding discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities. Altria Group Inc. net cash provided by operating activities increased from Q4 2021 to Q1 2022 but then decreased significantly from Q1 2022 to Q2 2022.
Net cash (used in) provided by investing activities Amount of cash inflow (outflow) of investing activities, excluding discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets. Altria Group Inc. net cash (used in) provided by investing activities decreased from Q4 2021 to Q1 2022 and from Q1 2022 to Q2 2022.
Net cash provided by (used in) financing activities Amount of cash inflow (outflow) of financing activities, excluding discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit. Altria Group Inc. net cash provided by (used in) financing activities increased from Q4 2021 to Q1 2022 and from Q1 2022 to Q2 2022.