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Quarterly Financial Data (Unaudited)
 12 Months Ended
Dec. 31, 2013
Quarterly Financial Data [Abstract]  
Quarterly Financial Data
Quarterly Financial Data (Unaudited)
 
2013 Quarters
(in millions, except per share data)
1st

 
2nd

 
3rd

 
4th

Net revenues
$
5,528

 
$
6,305

 
$
6,553

 
$
6,080

Gross profit
$
2,674

 
$
2,554

 
$
2,821

 
$
2,408

Net earnings
$
1,385

 
$
1,266

 
$
1,396

 
$
488

Net earnings attributable to Altria Group, Inc.
$
1,385

 
$
1,266

 
$
1,396

 
$
488

Per share data:

 

 

 

Basic and diluted EPS attributable to Altria Group, Inc.
$
0.69

 
$
0.63

 
$
0.70

 
$
0.24

Dividends declared
$
0.44

 
$
0.44

 
$
0.48

 
$
0.48

Market price — high
$
35.47

 
$
37.61

 
$
37.48

 
$
38.58

— low
$
31.85

 
$
34.08

 
$
33.12

 
$
34.23

 
 
 
 
 
 
 
 
 
2012 Quarters
(in millions, except per share data)
1st

 
2nd

 
3rd

 
4th

Net revenues
$
5,647

 
$
6,487

 
$
6,242

 
$
6,242

Gross profit
$
2,202

 
$
2,494

 
$
2,484

 
$
2,383

Net earnings
$
1,195

 
$
1,226

 
$
657

 
$
1,105

Net earnings attributable to noncontrolling interests
—

 
(1
)
 
—

 
(2
)
Net earnings attributable to Altria Group, Inc.
$
1,195

 
$
1,225

 
$
657

 
$
1,103

Per share data:

 

 

 

Basic and diluted EPS attributable to Altria Group, Inc.
$
0.59

 
$
0.60

 
$
0.32

 
$
0.55

Dividends declared
$
0.41

 
$
0.41

 
$
0.44

 
$
0.44

Market price — high
$
31.00

 
$
34.60

 
$
36.29

 
$
34.25

— low
$
28.00

 
$
30.74

 
$
32.72

 
$
30.01


During 2013 and 2012, the following pre-tax charges or (gains) were included in net earnings attributable to Altria Group, Inc.:
 
2013 Quarters
(in millions)
1st

 
2nd

 
3rd

 
4th

NPM Adjustment Items
$
(483
)
 
$
(36
)
 
$
(145
)
 
$
—

Tobacco and health judgments, including accrued interest
6

 
—

 
16

 
—

PMCC decrease to allowance for losses
(20
)
 
(27
)
 
—

 
—

Asset impairment, exit and implementation costs
1

 
1

 
—

 
10

Loss on early extinguishment of debt
—

 
—

 
—

 
1,084

SABMiller special items
15

 
(4
)
 
14

 
6

 
$
(481
)
 
$
(66
)
 
$
(115
)
 
$
1,100

 
 
 
 
 
 
 
 
 
2012 Quarters
(in millions)
1st

 
2nd

 
3rd

 
4th

Reduction to cumulative lease earnings related to the Closing Agreement
$
—

 
$
7

 
$
—

 
$
—

Tobacco and health judgments, including accrued interest
—

 
1

 
3

 
1

PMCC decrease to allowance for losses and recoveries
—

 
(11
)
 
(33
)
 
—

Asset impairment, exit and implementation costs
4

 
25

 
11

 
16

Loss on early extinguishment of debt
—

 
—

 
874

 
—

SABMiller special items
(309
)
 
26

 
19

 
16

 
$
(305
)
 
$
48

 
$
874

 
$
33


As discussed in Note 14. Income Taxes, Altria Group, Inc. has recognized income tax benefits and charges in the consolidated statements of earnings during 2013 and 2012 as a result of various tax events.