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Other Comprehensive Earnings/Losses
6 Months Ended
Jun. 30, 2020
Equity [Abstract]  
Other Comprehensive Earnings/Losses Other Comprehensive Earnings/Losses:

The following tables set forth the changes in each component of accumulated other comprehensive losses, net of deferred income taxes, attributable to Altria:
 
 
For the Six Months Ended June 30, 2020
 
 
Benefit Plans
 
ABI
 
Currency
Translation
Adjustments and Other
 
Accumulated
Other
Comprehensive
Losses
 
 
(in millions)
Balances, December 31, 2019
 
$
(2,192
)
 
$
(693
)
 
$
21

 
$
(2,864
)
 
 
 
 
 
 
 
 
 
Other comprehensive earnings (losses) before reclassifications
 

 
(1,140
)
 
(39
)
 
(1,179
)
Deferred income taxes
 

 
238

 

 
238

Other comprehensive earnings (losses) before reclassifications, net of deferred income taxes
 

 
(902
)
 
(39
)
 
(941
)
 
 
 
 
 
 
 
 
 
Amounts reclassified to net earnings
 
56

 
(15
)
 

 
41

Deferred income taxes
 
(14
)
 
4

 

 
(10
)
Amounts reclassified to net earnings, net of deferred income taxes
 
42

 
(11
)
 

 
31

 
 
 
 
 
 
 
 
 
Other comprehensive earnings (losses), net of deferred income taxes
 
42

 
(913
)
(1) 
(39
)
 
(910
)
 
 
 
 
 
 
 
 
 
Balances, June 30, 2020
 
$
(2,150
)
 
$
(1,606
)
 
$
(18
)
 
$
(3,774
)

 
 
For the Three Months Ended June 30, 2020
 
 
Benefit Plans
 
ABI
 
Currency
Translation
Adjustments and Other
 
Accumulated
Other
Comprehensive
Losses
 
 
(in millions)
Balances, March 31, 2020
 
$
(2,171
)
 
$
(395
)
 
$
33

 
$
(2,533
)
 
 
 
 
 
 
 
 
 
Other comprehensive earnings (losses) before reclassifications
 

 
(1,528
)
 
(51
)
 
(1,579
)
Deferred income taxes
 

 
323

 

 
323

Other comprehensive earnings (losses) before reclassifications, net of deferred income taxes
 

 
(1,205
)
 
(51
)
 
(1,256
)
 
 
 
 
 
 
 
 
 
Amounts reclassified to net earnings
 
28

 
(8
)
 

 
20

Deferred income taxes
 
(7
)
 
2

 

 
(5
)
Amounts reclassified to net earnings, net of deferred income taxes
 
21

 
(6
)
 

 
15

 
 
 
 
 
 
 
 
 
Other comprehensive earnings (losses), net of deferred income taxes
 
21

 
(1,211
)
(1) 
(51
)
 
(1,241
)
 
 
 
 
 
 
 
 
 
Balances, June 30, 2020
 
$
(2,150
)
 
$
(1,606
)
 
$
(18
)
 
$
(3,774
)

 
 
For the Six Months Ended June 30, 2019
 
 
Benefit Plans
 
ABI
 
Currency
Translation
Adjustments and Other
 
Accumulated
Other
Comprehensive
Losses
 
 
(in millions)
Balances, December 31, 2018
 
$
(2,168
)
 
$
(374
)
 
$
(5
)
 
$
(2,547
)
 
 
 
 
 
 
 
 
 
Other comprehensive earnings (losses) before reclassifications
 

 
(182
)
 
13

 
(169
)
Deferred income taxes
 

 
39

 
(2
)
 
37

Other comprehensive earnings (losses) before reclassifications, net of deferred income taxes
 

 
(143
)
 
11

 
(132
)
 
 
 
 
 
 
 
 
 
Amounts reclassified to net earnings
 
78

 
(31
)
 

 
47

Deferred income taxes
 
(20
)
 
6

 

 
(14
)
Amounts reclassified to net earnings, net of deferred income taxes
 
58

 
(25
)
 

 
33

 
 
 
 
 
 
 
 
 
Other comprehensive earnings (losses), net of deferred income taxes
 
58

 
(168
)
(1) 
11

 
(99
)
 
 
 
 
 
 
 
 
 
Balances, June 30, 2019
 
$
(2,110
)
 
$
(542
)
 
$
6

 
$
(2,646
)

 
 
For the Three Months Ended June 30, 2019
 
 
Benefit Plans
 
ABI
 
Currency
Translation
Adjustments and Other
 
Accumulated
Other
Comprehensive
Losses
 
 
(in millions)
Balances, March 31, 2019
 
$
(2,139
)
 
$
(573
)
 
$
(5
)
 
$
(2,717
)
 
 
 
 
 
 
 
 
 
Other comprehensive earnings (losses) before reclassifications
 

 
56

 
13

 
69

Deferred income taxes
 

 
(10
)
 
(2
)
 
(12
)
Other comprehensive earnings (losses) before reclassifications, net of deferred income taxes
 

 
46

 
11

 
57

 
 
 
 
 
 
 
 
 
Amounts reclassified to net earnings
 
39

 
(19
)
 

 
20

Deferred income taxes
 
(10
)
 
4

 

 
(6
)
Amounts reclassified to net earnings, net of deferred income taxes
 
29

 
(15
)
 

 
14

 
 
 
 
 
 
 
 
 
Other comprehensive earnings (losses), net of deferred income taxes
 
29

 
31

(1) 
11

 
71

 
 
 
 
 
 
 
 
 
Balances, June 30, 2019
 
$
(2,110
)
 
$
(542
)
 
$
6

 
$
(2,646
)

(1) Primarily reflects Altria’s share of ABI’s currency translation adjustments and the impact of Altria’s designated net investment hedges. For further discussion of designated net investment hedges, see Note 5. Financial Instruments.
The following table sets forth pre-tax amounts by component, reclassified from accumulated other comprehensive losses to net earnings:
 
 
For the Six Months Ended June 30,
 
For the Three Months Ended June 30,
 
 
2020
 
2019
 
2020
 
2019
 
 
(in millions)
Benefit Plans: (1)
 
 
 
 
 
 
 
 
Net loss
 
$
69

 
$
93

 
$
35

 
$
44

Prior service cost/credit
 
(13
)
 
(15
)
 
(7
)
 
(5
)
 
 
56

 
78

 
28

 
39

 
 
 
 
 
 
 
 
 
ABI (2)
 
(15
)
 
(31
)
 
(8
)
 
(19
)
 
 
 
 
 
 
 
 
 
Pre-tax amounts reclassified from accumulated other comprehensive losses to net earnings
 
$
41

 
$
47

 
$
20

 
$
20

(1) Amounts are included in net defined benefit plan costs. For further details, see Note 6. Benefit Plans.
(2) Amounts are included in earnings from equity investments. For further information, see Note 4. Investments in Equity Securities.