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Benefit Plans (Tables)
12 Months Ended
Dec. 31, 2014
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]  
Amounts Recorded in Accumulated Other Comprehensive Losses
The amounts recorded in accumulated other comprehensive losses at December 31, 2014 consisted of the following:
(in millions)
Pensions

 
Post-
retirement

 
Post-
employment

 
Total

Net loss
$
(2,637
)
 
$
(823
)
 
$
(122
)
 
$
(3,582
)
Prior service (cost) credit
(23
)
 
264

 

 
241

Deferred income taxes
1,037

 
218

 
46

 
1,301

Amounts recorded in accumulated other comprehensive losses
$
(1,623
)
 
$
(341
)
 
$
(76
)
 
$
(2,040
)

The amounts recorded in accumulated other comprehensive losses at December 31, 2013 consisted of the following:
(in millions)
Pensions

 
Post-
retirement

 
Post-
employment

 
Total

Net loss
$
(1,691
)
 
$
(539
)
 
$
(128
)
 
$
(2,358
)
Prior service (cost) credit
(33
)
 
307

 

 
274

Deferred income taxes
673

 
90

 
48

 
811

Amounts recorded in accumulated other comprehensive losses
$
(1,051
)
 
$
(142
)
 
$
(80
)
 
$
(1,273
)
Movements in Other Comprehensive Earnings/Losses
The movements in other comprehensive earnings/losses during the year ended December 31, 2014 were as follows:
(in millions)
Pensions

 
Post-
retirement

 
Post-
employment

 
Total

Amounts reclassified to net earnings as components of net periodic benefit cost:
 
 
 
 
 
 
 
Amortization:
 
 
 
 
 
 
 
Net loss
$
147

 
$
22

 
$
18

 
$
187

Prior service cost/credit
10

 
(43
)
 

 
(33
)
Deferred income taxes
(61
)
 
8

 
(7
)
 
(60
)
 
96

 
(13
)
 
11

 
94

Other movements during the year:
 
 
 
 
 
 
 
Net loss
(1,093
)
 
(306
)
 
(12
)
 
(1,411
)
Deferred income taxes
425

 
120

 
5

 
550

 
(668
)
 
(186
)
 
(7
)
 
(861
)
Total movements in other comprehensive earnings/losses
$
(572
)
 
$
(199
)
 
$
4

 
$
(767
)

The movements in other comprehensive earnings/losses during the year ended December 31, 2013 were as follows:
(in millions)
Pensions

 
Post-
retirement

 
Post-
employment

 
Total

Amounts reclassified to net earnings as components of net periodic benefit cost:
 
 
 
 
 
 
 
Amortization:
 
 
 
 
 
 
 
Net loss
$
271

 
$
51

 
$
18

 
$
340

Prior service cost/credit
10

 
(45
)
 

 
(35
)
Other expense:
 
 
 
 
 
 
 
Net loss
6

 

 

 
6

Deferred income taxes
(111
)
 
(2
)
 
(7
)
 
(120
)
 
176

 
4

 
11

 
191

Other movements during the year:
 
 
 
 
 
 
 
Net loss
1,218

 
327

 
23

 
1,568

Prior service cost/credit
(7
)
 
(2
)
 

 
(9
)
Deferred income taxes
(470
)
 
(129
)
 
(10
)
 
(609
)
 
741

 
196

 
13

 
950

Total movements in other comprehensive earnings/losses
$
917

 
$
200

 
$
24

 
$
1,141

The movements in other comprehensive earnings/losses during the year ended December 31, 2012 were as follows:
(in millions)
Pensions

 
Post-
retirement

 
Post-
employment

 
Total

Amounts reclassified to net earnings as components of net periodic benefit cost:
 
 
 
 
 
 
 
Amortization:
 
 
 
 
 
 
 
Net loss
$
224

 
$
40

 
$
17

 
$
281

Prior service cost/credit
10

 
(45
)
 

 
(35
)
Other expense (income):
 
 
 
 
 
 
 
Net loss
21

 

 

 
21

Prior service cost/credit

 
(26
)
 

 
(26
)
Deferred income taxes
(99
)
 
12

 
(6
)
 
(93
)
 
156

 
(19
)
 
11

 
148

Other movements during the year:
 
 
 
 
 
 
 
Net loss
(643
)
 
(161
)
 
(11
)
 
(815
)
Deferred income taxes
249

 
63

 
3

 
315

 
(394
)
 
(98
)
 
(8
)
 
(500
)
Total movements in other comprehensive earnings/losses
$
(238
)
 
$
(117
)
 
$
3

 
$
(352
)
Pension [Member]  
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]  
Projected Benefit Obligations, Plan Assets and Funded Status of Pension Plans
The projected benefit obligations, plan assets and funded status of Altria Group, Inc.’s pension plans at December 31, 2014 and 2013, were as follows:
(in millions)
2014

 
2013

Projected benefit obligation at
beginning of year
$
7,137

 
$
7,924

Service cost
68

 
86

Interest cost
345

 
314

Benefits paid
(410
)
 
(410
)
Actuarial losses (gains)
1,190

 
(784
)
    Other

 
7

Projected benefit obligation at end of year
8,330

 
7,137

Fair value of plan assets at
beginning of year
7,077

 
6,167

Actual return on plan assets
615

 
927

Employer contributions
15

 
393

Benefits paid
(410
)
 
(410
)
Fair value of plan assets at end of year
7,297

 
7,077

Funded status at December 31
$
(1,033
)
 
$
(60
)
Net Pension Liability Recognized in Consolidated Balance Sheets
Amounts recognized in Altria Group, Inc.’s consolidated balance sheets at December 31, 2014 and 2013, were as follows:
(in millions)
2014

 
2013

Other assets
$

 
$
173

Other accrued liabilities
(21
)
 
(21
)
Accrued pension costs
(1,012
)
 
(212
)
 
$
(1,033
)
 
$
(60
)
Weighted-Average Assumptions used to Determine Benefit Obligations
The following assumptions were used to determine Altria Group, Inc.’s benefit obligations under the plans at December 31:
 
2014

 
2013

Discount rate
4.1
%
 
4.9
%
Rate of compensation increase
4.0

 
4.0

Schedule of Net Benefit Costs
Net periodic pension cost consisted of the following for the years ended December 31, 2014, 2013 and 2012:
(in millions)
2014

 
2013

 
2012

Service cost
$
68

 
$
86

 
$
79

Interest cost
345

 
314

 
344

Expected return on plan assets
(518
)
 
(493
)
 
(442
)
Amortization:
 
 
 
 
 
Net loss
147

 
271

 
224

Prior service cost
10

 
10

 
10

Termination and settlement

 
7

 
21

Net periodic pension cost
$
52

 
$
195

 
$
236

Schedule Of Termination Settlement And Curtailment Cost [Text Block]
The amounts included in termination and settlement in the table above were comprised of the following changes:
(in millions)
2013

 
2012

Benefit obligation
$
1

 
$

Other comprehensive earnings/losses:
 
 
 
Net loss
6

 
21

 
$
7

 
$
21

Schedule Of Weighted Average Assumptions To Determine Net Periodic Benefit Cost [Text Block]
The following weighted-average assumptions were used to determine Altria Group, Inc.’s net pension cost for the years ended December 31:
 
2014

 
2013

 
2012

Discount rate
4.9
%
 
4.0
%
 
5.0
%
Expected rate of return on plan assets
8.0

 
8.0

 
8.0

Rate of compensation increase
4.0

 
4.0

 
4.0

Schedule of Allocation of Plan Assets
The fair values of Altria Group, Inc.’s pension plan assets by asset category were as follows:
Investments at Fair Value as of December 31, 2014
(in millions)
Level 1

 
Level 2

 
Level 3

 
Total

Common/collective trusts:
 
 
 
 
 
 
 
U.S. large cap
$

 
$
1,870

 
$

 
$
1,870

U.S. small cap

 
442

 

 
442

International developed markets

 
79

 

 
79

U.S. and foreign government securities or their agencies:
 
 
 
 
 
 
 
U.S. government and agencies

 
296

 

 
296

U.S. municipal bonds

 
124

 

 
124

Foreign government and agencies

 
281

 

 
281

Corporate debt instruments:
 
 
 
 
 
 
 
Above investment grade

 
1,765

 

 
1,765

Below investment grade and no rating

 
527

 

 
527

Common stock:
 
 
 
 
 
 
 
International equities
1,000

 

 
1

 
1,001

U.S. equities
556

 

 

 
556

Registered investment companies
63

 
113

 

 
176

Other, net
74

 
91

 
15

 
180

Total investments at fair value, net
$
1,693

 
$
5,588

 
$
16

 
$
7,297

 
Investments at Fair Value as of December 31, 2013
(in millions)
Level 1

 
Level 2

 
Level 3

 
Total

Common/collective trusts:
 
 
 
 
 
 
 
U.S. large cap
$

 
$
1,971

 
$

 
$
1,971

U.S. small cap

 
546

 

 
546

International developed markets

 
159

 

 
159

U.S. and foreign government securities or their agencies:
 
 
 
 
 
 
 
U.S. government and agencies

 
226

 

 
226

U.S. municipal bonds

 
127

 

 
127

Foreign government and agencies

 
275

 

 
275

Corporate debt instruments:
 
 
 
 
 
 
 
Above investment grade

 
1,371

 
1

 
1,372

Below investment grade and no rating

 
380

 

 
380

Common stock:
 
 
 
 
 
 
 
International equities
1,050

 

 
1

 
1,051

U.S. equities
506

 

 

 
506

Registered investment companies
159

 
137

 

 
296

Other, net
108

 
47

 
13

 
168

Total investments at fair value, net
$
1,823

 
$
5,239

 
$
15

 
$
7,077

Estimated Future Benefit Payments
The estimated future benefit payments from the Altria Group, Inc. pension plans at December 31, 2014, were as follows:
(in millions)
 
2015
$
422

2016
426

2017
434

2018
440

2019
440

2020-2024
2,306

Postretirement Benefit Plan [Member]  
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]  
Weighted-Average Assumptions used to Determine Benefit Obligations
The following assumptions were used to determine Altria Group, Inc.’s postretirement benefit obligations at December 31:
 
2014

 
2013

Discount rate
4.0
%
 
4.8
%
Health care cost trend rate assumed for next year
7.0

 
7.0

Ultimate trend rate
5.0

 
5.0

Year that the rate reaches the ultimate trend rate
2019

 
2018

Schedule of Net Benefit Costs
Net postretirement health care costs consisted of the following for the years ended December 31, 2014, 2013 and 2012:
(in millions)
2014

 
2013

 
2012

Service cost
$
15

 
$
18

 
$
18

Interest cost
107

 
99

 
115

Amortization:
 
 
 
 
 
Net loss
22

 
51

 
40

Prior service credit
(43
)
 
(45
)
 
(45
)
Curtailment

 

 
(26
)
Net postretirement health
care costs
$
101

 
$
123

 
$
102

Schedule Of Weighted Average Assumptions To Determine Net Periodic Benefit Cost [Text Block]
The following assumptions were used to determine Altria Group, Inc.’s net postretirement cost for the years ended December 31:
 
2014

 
2013

 
2012

Discount rate
4.8
%
 
3.9
%
 
4.9
%
Health care cost trend rate
7.0

 
7.5

 
8.0

Effects of One-Percentage-Point Change in Assumed Health Care Cost Trend Rates
A one-percentage-point change in assumed health care cost trend rates would have had the following effects as of December 31, 2014:
 
One-Percentage-Point
Increase

 
One-Percentage-Point
Decrease

Effect on total of service and interest cost
6.3
%
 
(5.4
)%
Effect on postretirement benefit obligation
7.2

 
(6.0
)
Estimated Future Benefit Payments
Altria Group, Inc.’s estimated future benefit payments for its postretirement health care plans at December 31, 2014, were as follows:
(in millions)
 
2015
$
152

2016
157

2017
158

2018
158

2019
155

2020-2024
722

Changes in Accumulated Postretirement Benefit Obligation
Altria Group, Inc.’s postretirement health care plans are not funded. The changes in the accumulated postretirement benefit obligation at December 31, 2014 and 2013, were as follows:
(in millions)
2014

 
2013

Accrued postretirement health care costs at beginning of year
$
2,317

 
$
2,663

Service cost
15

 
18

Interest cost
107

 
99

Benefits paid
(132
)
 
(138
)
Actuarial losses (gains)
306

 
(327
)
Other

 
2

Accrued postretirement health care costs at end of year
$
2,613

 
$
2,317

Postemployment Benefit Plan [Member]  
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]  
Schedule of Postemployment Benefit Disclosure
Net postemployment costs consisted of the following for the years ended December 31, 2014, 2013 and 2012:
(in millions)
2014

 
2013

 
2012

Service cost
$
1

 
$
1

 
$
1

Interest cost
1

 
1

 
1

Amortization of net loss
18

 
18

 
17

Other
2

 
(17
)
 
(7
)
Net postemployment costs
$
22

 
$
3

 
$
12

Schedule of Changes in Benefit Obligations of Postemployment Plans
Altria Group, Inc.’s postemployment benefit plans are not funded. The changes in the benefit obligations of the plans at December 31, 2014 and 2013, were as follows:
(in millions)
2014

 
2013

Accrued postemployment costs at beginning of year
$
65

 
$
149

Service cost
1

 
1

Interest cost
1

 
1

Benefits paid
(30
)
 
(65
)
Actuarial losses (gains) and assumption changes
30

 
(4
)
Other
2

 
(17
)
Accrued postemployment costs at end of year
$
69

 
$
65