MO · 10-Q · 2026Q2 · Full report
Operating Cash Flow Trends
ALTRIA GROUP, INC. · 2026-07-30 · Importance 39 · Surprise 32 · Matches filing data
Net cash provided by operating activities increased to $3,043 million in the first six months of 2026 from $2,925 million in the first six months of 2025. The $118 million increase was driven primarily by lower State Settlement Agreement payments and higher net revenues in the smokeable products segment. Higher income-tax payments partially offset the operating cash flow improvement. Net cash used in financing activities rose to $4,988 million from $4,693 million, reflecting higher common-stock dividends despite lower debt repayments and share repurchases.
Key facts
- Net cash provided by operating activities for the first six months of 2026 was $3,043 million versus $2,925 million for the first six months of 2025. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | positive | realized | +0.3% | Net cash provided by operating activities for the first six months of 2026 was $3,043 million versus $2,925 million for the first six… |