Finance Assets, Net (Tables)

9 Months Ended

Sep. 30, 2012

Schedule Of Allowance For Losses On Finance Assets

The activity in the allowance for losses on finance assets for the nine months ended September 30, 2012, and 2011 was as follows:



	For the Nine Months Ended September 30,
	2012			2011
	(in millions)
Balance at beginning of the year	$	227		$	202
Decrease to allowance	(10		)	(35		)
Amounts written-off	(118		)	—
Balance at September 30	$	99		$	167

Schedule Of Credit Quality Of Investments In Finance Assets

The credit quality of PMCC’s investments in finance assets as assigned by Standard & Poor’s Ratings Services ("Standard & Poor’s") and Moody’s Investors Service, Inc. ("Moody’s") at September 30, 2012 and December 31, 2011 was as follows:



	September 30, 2012		December 31, 2011
	(in millions)
Credit Rating by Standard & Poor’s/Moody’s:
“AAA/Aaa” to “A-/A3”	$	1,137	$	1,570
“BBB+/Baa1” to “BBB-/Baa3”	978		1,080
“BB+/Ba1” and Lower	789		1,136
Total	$	2,904	$	3,786

Schedule of Leveraged Lease Charge [Table Text Block]

For the nine months ended, September 30, 2012 and 2011, the benefit/charge associated with PMCC's leveraged lease transactions was recorded in Altria Group, Inc.'s condensed consolidated statements of earnings as follows:



	For the Nine Months Ended September 30, 2012								For the Nine Months Ended September 30, 2011
	Net Revenues		Benefit for Income Taxes			Total			Net Revenues		(Benefit) Provision for Income Taxes			Total
	(in millions)
Reduction to cumulative lease earnings	$	7	$	(2	)	$	5		$	490	$	(175	)	$	315
Interest on tax underpayments	—		(73		)	(73		)	—		312			312
Total	$	7	$	(75	)	$	(68	)	$	490	$	137		$	627