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Capital Stock (Tables)
12 Months Ended
Dec. 31, 2018
Equity [Abstract]  
Schedule Components of Issued, Repurchased and Outstanding Shares
At December 31, 2018, Altria had 12 billion shares of authorized common stock; issued, repurchased and outstanding shares of common stock were as follows:
 
Shares Issued

 
Shares
Repurchased

 
Shares
Outstanding

Balances, December 31, 2015
2,805,961,317

 
(845,901,836
)
 
1,960,059,481

Stock award activity

 
(566,256
)
 
(566,256
)
Repurchases of
common stock

 
(16,221,001
)
 
(16,221,001
)
Balances, December 31, 2016
2,805,961,317

 
(862,689,093
)
 
1,943,272,224

Stock award activity

 
(408,891
)
 
(408,891
)
Repurchases of
common stock

 
(41,604,141
)
 
(41,604,141
)
Balances, December 31, 2017
2,805,961,317

 
(904,702,125
)
 
1,901,259,192

Stock award activity

 
676,727

 
676,727

Repurchases of
common stock

 
(27,878,324
)
 
(27,878,324
)
Balances, December 31, 2018
2,805,961,317

 
(931,903,722
)
 
1,874,057,595

Share Repurchases
For the years ended December 31, 2018, 2017 and 2016, Altria’s total share repurchase activity was as follows:
 
 
2018

2017

2016

 
 
(in millions, except per share data)
Total number of shares
repurchased
27.9

41.6

16.2

Aggregate cost of shares
repurchased
$
1,673

$
2,917

$
1,030

Average price per share of shares repurchased
$
60.00

$
70.10

$
63.48