Long-term Debt (Tables)

12 Months Ended

Dec. 31, 2018

Debt Disclosure [Abstract]

Components of Long-Term Debt

At December 31, 2018 and 2017, Altria’s long-term debt consisted of the following:

(in millions)	2018		2017
Notes, 2.625% to 10.20%, interest payable semi-annually, due through 2046 (1)	$	13,000	$	13,852
Debenture, 7.75%, interest payable semi-annually, due 2027	42		42
	13,042		13,894
Less current portion of long-term debt	1,144		864
	$	11,898	$	13,030

⁽¹⁾ Weighted-average coupon interest rate of 4.6% and 4.9% at December 31, 2018 and 2017, respectively.

Aggregate Maturities of Long-Term Debt

At December 31, 2018, aggregate maturities of Altria’s long-term debt were as follows:

(in millions)
2019	$	1,144
2020	1,000
2021	1,500
2022	1,900
2023	350
Thereafter	7,259
	13,153
Less: debt issuance costs	60
debt discounts	51
	$	13,042

Schedule of Tender Offers and Associated Pre-tax Losses on Early Extinguishment of Debt

Details of the debt tender offer and the associated pre-tax loss on early extinguishment of debt recorded by Altria were as follows:

(in millions)	2016
Notes Purchased
9.95% Notes due 2038	$	441
10.20% Notes due 2039	492
Total	$	933

Pre-tax Loss on Early Extinguishment of Debt
Premiums and fees	$	809
Write-off of unamortized debt discounts and debt issuance costs	14
Total	$	823