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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Cash Provided by (Used in) Operating Activities    
Net earnings $ 1,402 $ 1,218
Adjustments to reconcile net earnings to operating cash flows:    
Depreciation and amortization 52 49
Deferred income tax benefit (23) (32)
Earnings from equity investment (23) (66)
Gain on AB InBev/SABMiller business combination 0 (40)
Asset impairment and exit costs, net of cash paid (16) 118
Cash effects of changes:    
Receivables 18 20
Inventories (68) (79)
Accounts payable (189) (188)
Income taxes 719 645
Accrued liabilities and other current assets (289) (115)
Accrued settlement charges 1,089 1,170
Pension plan contributions (8) (3)
Pension provisions and postretirement, net (15) (18)
Other 16 39
Net cash provided by operating activities 2,665 2,718
Cash Provided by (Used in) Investing Activities    
Capital expenditures (33) (26)
Proceeds from finance assets 2 56
Other (199) 4
Net cash (used in) provided by investing activities (230) 34
Cash Provided by (Used in) Financing Activities    
Repurchases of common stock (551) (168)
Dividends paid on common stock (1,187) (1,108)
Other (38) (30)
Net cash (used in) provided by financing activities (1,776) (1,306)
Cash and cash equivalents:    
Increase (decrease) 659 1,446
Balance at beginning of period 4,569 2,369
Balance at end of period $ 5,228 $ 3,815