XML 90 R77.htm IDEA: XBRL DOCUMENT v3.19.2
Condensed Consolidating Financial Information (Condensed Consolidating Balance Sheets) (Details) - USD ($)
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2018
Jun. 30, 2018
Mar. 31, 2018
Dec. 31, 2017
Assets            
Cash and cash equivalents $ 1,796,000,000   $ 1,333,000,000      
Receivables 163,000,000   142,000,000      
Inventories:            
Leaf tobacco 837,000,000   940,000,000      
Other raw materials 194,000,000   186,000,000      
Work in process 603,000,000   647,000,000      
Finished product 601,000,000   558,000,000      
Inventory, net 2,235,000,000   2,331,000,000      
Due from Altria and subsidiaries 0   0      
Income taxes 79,000,000   167,000,000      
Other current assets 210,000,000   326,000,000      
Total current assets 4,483,000,000   4,299,000,000      
Property, plant and equipment, at cost 4,933,000,000   4,950,000,000      
Less accumulated depreciation 3,016,000,000   3,012,000,000      
Property, plant and equipment, net 1,917,000,000   1,938,000,000      
Goodwill 5,196,000,000   5,196,000,000      
Other intangible assets, net 12,331,000,000   12,279,000,000      
Investments in equity securities 32,094,000,000   30,496,000,000      
Investment in consolidated subsidiaries 0   0      
Due from Altria and subsidiaries 0   0      
Other assets 1,480,000,000   1,430,000,000      
Total Assets 57,501,000,000   55,638,000,000      
Liabilities            
Short-term borrowings 0   12,704,000,000      
Current portion of long-term debt 2,144,000,000   1,144,000,000      
Accounts payable 224,000,000   399,000,000      
Accrued liabilities:            
Marketing 576,000,000   586,000,000      
Settlement charges 2,019,000,000   3,454,000,000      
Other 1,491,000,000   1,403,000,000      
Dividends payable 1,498,000,000   1,503,000,000      
Due to Altria and subsidiaries 0   0      
Total current liabilities 7,952,000,000   21,193,000,000      
Long-term debt 27,096,000,000   11,898,000,000      
Deferred income taxes 5,378,000,000   5,172,000,000      
Accrued pension costs 439,000,000   544,000,000      
Accrued postretirement health care costs 1,768,000,000   1,749,000,000      
Due to Altria and subsidiaries 0   0      
Other liabilities 364,000,000   254,000,000      
Total liabilities 42,997,000,000   40,810,000,000      
Contingencies        
Redeemable noncontrolling interest 38,000,000   39,000,000      
Stockholders’ Equity            
Common stock 935,000,000   935,000,000      
Additional paid-in capital 5,953,000,000   5,961,000,000      
Earnings reinvested in the business 44,081,000,000   43,962,000,000      
Accumulated other comprehensive losses (2,646,000,000)   (2,547,000,000)      
Cost of repurchased stock (33,859,000,000)   (33,524,000,000)      
Total stockholders’ equity attributable to Altria 14,464,000,000   14,787,000,000      
Noncontrolling interests 2,000,000   2,000,000      
Total stockholders’ equity 14,466,000,000 $ 14,081,000,000 14,789,000,000 $ 15,798,000,000 $ 15,397,000,000 $ 15,380,000,000
Total Liabilities and Stockholders’ Equity 57,501,000,000   55,638,000,000      
Reportable Legal Entities [Member] | Altria Group, Inc. [Member]            
Assets            
Cash and cash equivalents 1,764,000,000   1,277,000,000      
Receivables 0   0      
Inventories:            
Leaf tobacco 0   0      
Other raw materials 0   0      
Work in process 0   0      
Finished product 0   0      
Inventory, net 0   0      
Due from Altria and subsidiaries 83,000,000   46,000,000      
Income taxes 121,000,000   100,000,000      
Other current assets 50,000,000   41,000,000      
Total current assets 2,018,000,000   1,464,000,000      
Property, plant and equipment, at cost 0   0      
Less accumulated depreciation 0   0      
Property, plant and equipment, net 0   0      
Goodwill 0   0      
Other intangible assets, net 0   0      
Investments in equity securities 17,669,000,000   17,696,000,000      
Investment in consolidated subsidiaries 27,559,000,000   25,996,000,000      
Due from Altria and subsidiaries 4,790,000,000   4,790,000,000      
Other assets 209,000,000   193,000,000      
Total Assets 52,245,000,000   50,139,000,000      
Liabilities            
Short-term borrowings     12,704,000,000      
Current portion of long-term debt 2,144,000,000   1,144,000,000      
Accounts payable 0   1,000,000      
Accrued liabilities:            
Marketing 0   0      
Settlement charges 0   0      
Other 572,000,000   295,000,000      
Dividends payable 1,498,000,000   1,503,000,000      
Due to Altria and subsidiaries 3,124,000,000   4,499,000,000      
Total current liabilities 7,338,000,000   20,146,000,000      
Long-term debt 27,096,000,000   11,898,000,000      
Deferred income taxes 3,085,000,000   3,010,000,000      
Accrued pension costs 179,000,000   187,000,000      
Accrued postretirement health care costs 0   0      
Due to Altria and subsidiaries 0   0      
Other liabilities 83,000,000   111,000,000      
Total liabilities 37,781,000,000   35,352,000,000      
Contingencies        
Redeemable noncontrolling interest 0   0      
Stockholders’ Equity            
Common stock 935,000,000   935,000,000      
Additional paid-in capital 5,953,000,000   5,961,000,000      
Earnings reinvested in the business 44,081,000,000   43,962,000,000      
Accumulated other comprehensive losses (2,646,000,000)   (2,547,000,000)      
Cost of repurchased stock (33,859,000,000)   (33,524,000,000)      
Total stockholders’ equity attributable to Altria 14,464,000,000   14,787,000,000      
Noncontrolling interests 0   0      
Total stockholders’ equity 14,464,000,000   14,787,000,000      
Total Liabilities and Stockholders’ Equity 52,245,000,000   50,139,000,000      
Reportable Legal Entities [Member] | PM USA [Member]            
Assets            
Cash and cash equivalents 0   0      
Receivables 15,000,000   18,000,000      
Inventories:            
Leaf tobacco 464,000,000   561,000,000      
Other raw materials 127,000,000   123,000,000      
Work in process 4,000,000   2,000,000      
Finished product 150,000,000   128,000,000      
Inventory, net 745,000,000   814,000,000      
Due from Altria and subsidiaries 2,555,000,000   3,828,000,000      
Income taxes 2,000,000   94,000,000      
Other current assets 82,000,000   167,000,000      
Total current assets 3,399,000,000   4,921,000,000      
Property, plant and equipment, at cost 2,940,000,000   2,928,000,000      
Less accumulated depreciation 2,144,000,000   2,111,000,000      
Property, plant and equipment, net 796,000,000   817,000,000      
Goodwill 0   0      
Other intangible assets, net 2,000,000   2,000,000      
Investments in equity securities 0   0      
Investment in consolidated subsidiaries 2,844,000,000   2,825,000,000      
Due from Altria and subsidiaries 0   0      
Other assets 1,024,000,000   955,000,000      
Total Assets 8,065,000,000   9,520,000,000      
Liabilities            
Short-term borrowings     0      
Current portion of long-term debt 0   0      
Accounts payable 76,000,000   91,000,000      
Accrued liabilities:            
Marketing 494,000,000   483,000,000      
Settlement charges 2,011,000,000   3,448,000,000      
Other 531,000,000   524,000,000      
Dividends payable 0   0      
Due to Altria and subsidiaries 457,000,000   407,000,000      
Total current liabilities 3,569,000,000   4,953,000,000      
Long-term debt 0   0      
Deferred income taxes 0   0      
Accrued pension costs 0   0      
Accrued postretirement health care costs 1,075,000,000   1,072,000,000      
Due to Altria and subsidiaries 0   0      
Other liabilities 105,000,000   47,000,000      
Total liabilities 4,749,000,000   6,072,000,000      
Contingencies        
Redeemable noncontrolling interest 0   0      
Stockholders’ Equity            
Common stock 0   0      
Additional paid-in capital 3,310,000,000   3,310,000,000      
Earnings reinvested in the business 218,000,000   359,000,000      
Accumulated other comprehensive losses (212,000,000)   (221,000,000)      
Cost of repurchased stock 0   0      
Total stockholders’ equity attributable to Altria 3,316,000,000   3,448,000,000      
Noncontrolling interests 0   0      
Total stockholders’ equity 3,316,000,000   3,448,000,000      
Total Liabilities and Stockholders’ Equity 8,065,000,000   9,520,000,000      
Reportable Legal Entities [Member] | Non-Guarantor Subsidiaries [Member]            
Assets            
Cash and cash equivalents 32,000,000   56,000,000      
Receivables 148,000,000   124,000,000      
Inventories:            
Leaf tobacco 373,000,000   379,000,000      
Other raw materials 67,000,000   63,000,000      
Work in process 599,000,000   645,000,000      
Finished product 451,000,000   430,000,000      
Inventory, net 1,490,000,000   1,517,000,000      
Due from Altria and subsidiaries 1,142,000,000   1,194,000,000      
Income taxes 0   0      
Other current assets 78,000,000   118,000,000      
Total current assets 2,890,000,000   3,009,000,000      
Property, plant and equipment, at cost 1,993,000,000   2,022,000,000      
Less accumulated depreciation 872,000,000   901,000,000      
Property, plant and equipment, net 1,121,000,000   1,121,000,000      
Goodwill 5,196,000,000   5,196,000,000      
Other intangible assets, net 12,329,000,000   12,277,000,000      
Investments in equity securities 14,425,000,000   12,800,000,000      
Investment in consolidated subsidiaries 0   0      
Due from Altria and subsidiaries 0   0      
Other assets 915,000,000   952,000,000      
Total Assets 36,876,000,000   35,355,000,000      
Liabilities            
Short-term borrowings     0      
Current portion of long-term debt 0   0      
Accounts payable 148,000,000   307,000,000      
Accrued liabilities:            
Marketing 82,000,000   103,000,000      
Settlement charges 8,000,000   6,000,000      
Other 432,000,000   611,000,000      
Dividends payable 0   0      
Due to Altria and subsidiaries 199,000,000   162,000,000      
Total current liabilities 869,000,000   1,189,000,000      
Long-term debt 0   0      
Deferred income taxes 2,961,000,000   2,832,000,000      
Accrued pension costs 260,000,000   357,000,000      
Accrued postretirement health care costs 693,000,000   677,000,000      
Due to Altria and subsidiaries 4,790,000,000   4,790,000,000      
Other liabilities 176,000,000   96,000,000      
Total liabilities 9,749,000,000   9,941,000,000      
Contingencies        
Redeemable noncontrolling interest 38,000,000   39,000,000      
Stockholders’ Equity            
Common stock 9,000,000   9,000,000      
Additional paid-in capital 26,998,000,000   25,047,000,000      
Earnings reinvested in the business 1,906,000,000   2,201,000,000      
Accumulated other comprehensive losses (1,826,000,000)   (1,884,000,000)      
Cost of repurchased stock 0   0      
Total stockholders’ equity attributable to Altria 27,087,000,000   25,373,000,000      
Noncontrolling interests 2,000,000   2,000,000      
Total stockholders’ equity 27,089,000,000   25,375,000,000      
Total Liabilities and Stockholders’ Equity 36,876,000,000   35,355,000,000      
Total Consolidating Adjustments [Member]            
Assets            
Cash and cash equivalents 0   0      
Receivables 0   0      
Inventories:            
Leaf tobacco 0   0      
Other raw materials 0   0      
Work in process 0   0      
Finished product 0   0      
Inventory, net 0   0      
Due from Altria and subsidiaries (3,780,000,000)   (5,068,000,000)      
Income taxes (44,000,000)   (27,000,000)      
Other current assets 0   0      
Total current assets (3,824,000,000)   (5,095,000,000)      
Property, plant and equipment, at cost 0   0      
Less accumulated depreciation 0   0      
Property, plant and equipment, net 0   0      
Goodwill 0   0      
Other intangible assets, net 0   0      
Investments in equity securities 0   0      
Investment in consolidated subsidiaries (30,403,000,000)   (28,821,000,000)      
Due from Altria and subsidiaries (4,790,000,000)   (4,790,000,000)      
Other assets (668,000,000)   (670,000,000)      
Total Assets (39,685,000,000)   (39,376,000,000)      
Liabilities            
Short-term borrowings     0      
Current portion of long-term debt 0   0      
Accounts payable 0   0      
Accrued liabilities:            
Marketing 0   0      
Settlement charges 0   0      
Other (44,000,000)   (27,000,000)      
Dividends payable 0   0      
Due to Altria and subsidiaries (3,780,000,000)   (5,068,000,000)      
Total current liabilities (3,824,000,000)   (5,095,000,000)      
Long-term debt 0   0      
Deferred income taxes (668,000,000)   (670,000,000)      
Accrued pension costs 0   0      
Accrued postretirement health care costs 0   0      
Due to Altria and subsidiaries (4,790,000,000)   (4,790,000,000)      
Other liabilities 0   0      
Total liabilities (9,282,000,000)   (10,555,000,000)      
Contingencies        
Redeemable noncontrolling interest 0   0      
Stockholders’ Equity            
Common stock (9,000,000)   (9,000,000)      
Additional paid-in capital (30,308,000,000)   (28,357,000,000)      
Earnings reinvested in the business (2,124,000,000)   (2,560,000,000)      
Accumulated other comprehensive losses 2,038,000,000   2,105,000,000      
Cost of repurchased stock 0   0      
Total stockholders’ equity attributable to Altria (30,403,000,000)   (28,821,000,000)      
Noncontrolling interests 0   0      
Total stockholders’ equity (30,403,000,000)   (28,821,000,000)      
Total Liabilities and Stockholders’ Equity $ (39,685,000,000)   $ (39,376,000,000)