SECURITIES AND EXCHANGE COMMISSION
                           WASHINGTON, D.C. 20549

                            --------------------
                                 FORM 10-K/A

        (X)  ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
        SECURITIES EXCHANGE ACT OF 1934 FOR THE FISCAL YEAR
        ENDED DECEMBER 31, 2003
        OR
        ( )  TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
        SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD
        FROM ____________ TO ____________

                        COMMISSION FILE NUMBER 1-7823
        -------------------------------------------------------------
                       ANHEUSER-BUSCH COMPANIES, INC.
             (EXACT NAME OF REGISTRANT AS SPECIFIED IN CHARTER)

             DELAWARE                                43-1162835
    (State or Other Jurisdiction                    (IRS Employer
of Incorporation or Organization)                 Identification No.)

                               ONE BUSCH PLACE
                          ST. LOUIS, MISSOURI 63118
                  (Address of Principal Executive Offices)

        REGISTRANT'S PHONE NUMBER, INCLUDING AREA CODE: 314-577-2000
                         --------------------------
         SECURITIES REGISTERED PURSUANT TO SECTION 12(b) OF THE ACT:
                       -------------------------------
                                                      NAME OF EACH EXCHANGE
TITLE OF EACH CLASS                                   ON WHICH REGISTERED

COMMON STOCK--$1 PAR VALUE                            NEW YORK STOCK EXCHANGE
PREFERRED STOCK PURCHASE RIGHTS                       NEW YORK STOCK EXCHANGE
6 1/2%  DEBENTURES, DUE JANUARY 1, 2028               NEW YORK STOCK EXCHANGE

      SECURITIES REGISTERED PURSUANT TO SECTION 12(g) OF THE ACT: NONE

         Indicate by check mark whether the registrant (1) has filed all
reports required to be filed by Section 13 or 15(d) of the Securities
Exchange Act of 1934 during the preceding 12 months (or for such shorter
period that the registrant was required to file such reports), and (2) has
been subject to such filing requirements for the past 90 days.
Yes    X    No
    ------     ------

         Indicate by check mark if disclosure of delinquent filers pursuant
to Item 405 of Regulation S-K is not contained herein, and will not be
contained, to the best of registrant's knowledge, in definitive proxy or
information statements incorporated by reference in Part III of this Form
10-K or any amendment to this Form 10-K. [X]
                                         ---

         Indicate by check mark whether the registrant is an accelerated
filer (as defined in Exchange Act Rule 12b-2):
Yes   X    No
    -----    -----

         As of June 30, 2003, the aggregate market value of the voting stock
held by non-affiliates of the registrant was $41,874,456,576.

         Indicate the number of shares outstanding of each of the
registrant's classes of common stock, as of the latest practicable date.

      $1 PAR VALUE COMMON STOCK 810,685,090 SHARES AS OF MARCH 1, 2004

                     DOCUMENTS INCORPORATED BY REFERENCE

Portions of Annual Report to Shareholders for the Year Ended
  December 31, 2003. . . . . . . . . . . . . . PART I, PART II, AND PART IV

Portions of Definitive Proxy Statement for Annual Meeting of
  Stockholders on April 28, 2004. . . . . . . . . PART III






Item 15 on pages 12 through 14 of the Annual Report on Form 10-K for the
fiscal year ended December 31, 2003 is amended by the addition of the
following exhibits:

Exhibit 23.1      Consent of Independent Accountants

Exhibit 31.3      Certification of Chief Executive Officer required by
                  Rule 13a-14(a) and 15d-14(a) under the Exchange Act

Exhibit 31.4      Certification of Chief Financial Officer required by
                  Rule 13a-14(a) and 15d-14(a) under the Exchange Act

Exhibit 32.3      Certification of Chief Executive Officer pursuant to
                  18 U.S.C. Section 1350, as adopted pursuant to Section 906
                  of the Sarbanes-Oxley Act of 2002.

Exhibit 32.4      Certification of Chief Financial Officer pursuant to 18
                  U.S.C. Section 1350, as adopted pursuant to Section 906 of
                  the Sarbanes-Oxley Act of 2002.

Exhibit 99.3      Financial Statements of the Anheuser-Busch Global
                  Employee Stock Purchase Plan for the years ended March 31,
                  2004 and 2003.

This Form 10-K/A is filed pursuant to Rule 15d-21 promulgated under the
Securities Exchange Act of 1934, as amended, and is submitted in order to
file with the Securities and Exchange Commission the financial statements of
the Anheuser-Busch Global Employee Stock Purchase Plan, an employee benefit
plan. This Form 10-K/A does not contain any financial statements or
financial information of Anheuser-Busch Companies, Inc. Accordingly, the
certifications made in Exhibits 31.3 and 31.4 concerning the absence of
misstatements and omissions in the report and the fair presentation by the
financial statements included in the report apply to the employee benefit
plan and not to Anheuser-Busch Companies, Inc.



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                                 SIGNATURES

         Pursuant to the requirements of Section 13 or 15(d) of the
Securities Exchange Act of 1934, the registrant has duly caused this
amendment to this report to be signed on its behalf by the undersigned,
thereunto duly authorized.

                                       ANHEUSER-BUSCH COMPANIES, INC.
                                                (Registrant)

                                       By:  /s/ JoBeth G. Brown
                                          -------------------------------------
                                                    JoBeth G. Brown
                                              Vice President and Secretary

         Pursuant to the requirements of the Securities Act of 1934, this
amendment to this report has been signed below by the following persons on
behalf of the registrant and in the capacities and on the dates indicated:

         Principal Executive Officer:
                  Patrick T. Stokes*
                  President and Chief Executive Officer

         Principal Financial Officer:
                  W. Randolph Baker*
                  Vice President and Chief Financial Officer

         Principal Accounting Officer:
                  John F. Kelly*
                  Vice President and Controller

                                            /s/ JoBeth G. Brown
                                            -----------------------------------
                                            Attorney-in-Fact
                                            July 27, 2004

Directors:
-------------------------------------------------------------------------------
Patrick T. Stokes*                               Vilma S. Martinez*
August A. Busch III*                             William Porter Payne*
Carlos Fernandez G.*                             Joyce M. Roche*
James J. Forese*                                 Henry Hugh Shelton*
John E. Jacob*                                   Andrew C. Taylor*
James R. Jones*                                  Douglas A. Warner III*
Charles F. Knight*                               Edward E. Whitacre, Jr.*
Vernon R. Loucks, Jr.*
-------------------------------------------------------------------------------


*by power of attorney



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                                EXHIBIT INDEX



Exhibit 23.1      Consent of Independent Accountants

Exhibit 31.3      Certification of Chief Executive Officer required by
                  Rule 13a-14(a) and 15d-14(a) under the Exchange Act

Exhibit 31.4      Certification of Chief Financial Officer required by
                  Rule 13a-14(a) and 15d-14(a) under the Exchange Act

Exhibit 32.3      Certification of Chief Executive Officer pursuant to 18
                  U.S.C. Section 1350, as adopted pursuant to Section 906
                  of the Sarbanes-Oxley Act of 2002.

Exhibit 32.4      Certification of Chief Financial Officer pursuant to 18
                  U.S.C. Section 1350, as adopted pursuant to Section 906
                  of the Sarbanes-Oxley Act of 2002.

Exhibit 99.3      Financial Statements of the Anheuser-Busch Global
                  Employee Stock Purchase Plan for the years ended March 31,
                  2004 and 2003.