Earnings From Equity Investment In SABMiller

6 Months Ended

Jun. 30, 2012

Earnings (Losses) of Noncontrolling Interest and Equity Method Investments [Abstract]

Earnings From Equity Investment In SABMiller

Earnings from Equity Investment in SABMiller:

Pre-tax earnings from Altria Group, Inc.’s equity investment in SABMiller consisted of the following:



	For the Six Months Ended June 30,				For the Three Months Ended June 30,
	2012		2011		2012		2011
	(in millions)
Equity earnings	$	726	$	333	$	218	$	148
Gains resulting from issuances of common stock by SABMiller	17		11		5		7
	$	743	$	344	$	223	$	155

Altria Group, Inc.'s equity earnings for the six months ended June 30, 2012, included its share of non-cash gains resulting from SABMiller's strategic alliance transactions with Anadolu Efes and Castel that were closed during the first quarter of 2012. For further discussion, see Note 1. Background and Basis of Presentation.

- Definition

The entire disclosure for equity investment, or group of investments, for which combined disclosure is appropriate, including: (a) the name of each investee and percentage of ownership of common stock, (b) accounting policies for investments in common stock, (c) difference between the amount at which the investment is carried and the amount of underlying equity in net assets and the accounting treatment of the difference, (d) the total fair value of each identified investment for which a market value is available, (e) summarized information as to assets, liabilities, and results of operations of the investees (for investments in unconsolidated subsidiaries, common stock of joint ventures, or other investments using the equity method), and (f) material effects of possible conversions, exercises, or contingent issuances of the investee. Other disclosures include (a) the names of any investee in which the investor owns 20 percent or more of the voting stock and investment is not accounted for using the equity method, and the reasons why not, and (b) the names of any investee in which the investor owns less than 20 percent of the voting stock and the investment is accounted for using the equity method, and the reasons why it is.

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