XML 66 R46.htm IDEA: XBRL DOCUMENT v3.10.0.1
Quarterly Financial Data (Unaudited) (Tables)
 12 Months Ended
Dec. 31, 2018
Quarterly Financial Data [Abstract]  
Schedule of Quarterly Financial Data
 
2018 Quarters
(in millions, except per share data)
1st

 
2nd

 
3rd

 
4th

Net revenues
$
6,108

 
$
6,305

 
$
6,837

 
$
6,114

Gross profit
$
2,936

 
$
3,141

 
$
3,255

 
$
2,922

Net earnings
$
1,895

 
$
1,877

 
$
1,944

 
$
1,251

Net earnings attributable to Altria
$
1,894

 
$
1,876

 
$
1,943

 
$
1,250

Per share data:

 

 

 

Basic EPS attributable to Altria
$
1.00

 
$
0.99

 
$
1.03

 
$
0.67

Diluted EPS attributable to Altria
$
1.00

 
$
0.99

 
$
1.03

 
$
0.66

 
 
 
 
 
 
 
 
 
2017 Quarters
(in millions, except per share data)
1st

 
2nd

 
3rd

 
4th 

Net revenues
$
6,083

 
$
6,663

 
$
6,729

 
$
6,101

Gross profit (1) 
$
2,776

 
$
3,114

 
$
3,171

 
$
2,902

Net earnings
$
1,402

 
$
1,990

 
$
1,867

 
$
4,968

Net earnings attributable to Altria
$
1,401

 
$
1,989

 
$
1,866

 
$
4,966

Per share data:

 

 

 

Basic and diluted EPS attributable to Altria
$
0.72

 
$
1.03

 
$
0.97

 
$
2.60


(1) Certain prior year amounts have been reclassified to conform with the current year’s presentation due to Altria’s adoption of ASU 2017-07. For further discussion, see Note 17. Benefit Plans.
Schedule Of Pre-Tax Charges (Gains) Included In Net Earnings
During 2018 and 2017, the following pre-tax (gains) or charges were included in net earnings attributable to Altria:
 
2018 Quarters
(in millions)
1st

 
2nd

 
3rd

 
4th

NPM Adjustment Items
$
(68
)
 
$
(77
)
 
$
—

 
$
—

Tobacco and health litigation items, including accrued interest
28

 
70

 
21

 
12

Asset impairment, exit, implementation and acquisition-related costs
3

 
6

 
(3
)
 
532

Loss on AB InBev/SABMiller business combination
33

 
—

 
—

 
—

AB InBev special items
(117
)
 
(72
)
 
35

 
69

 
$
(121
)
 
$
(73
)
 
$
53


$
613

 
 
 
 
 
 
 
 
 
2017 Quarters
(in millions)
1st

 
2nd

 
3rd

 
4th 

NPM Adjustment Items
$
(1
)
 
$
—

 
$
5

 
$
—

Tobacco and health litigation items, including accrued interest
1

 
17

 
—

 
62

Asset impairment, exit, implementation and acquisition-related costs
30

 
30

 
17

 
12

Settlement charge for lump sum pension payments
—

 
—

 
—

 
81

Gain on AB InBev/SABMiller business combination
—

 
(408
)
 
(37
)
 
—

AB InBev special items
73

 
2

 
34

 
51

 
$
103

 
$
(359
)
 
$
19

 
$
206