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Other Comprehensive Earnings/losses (Tables)
12 Months Ended
Dec. 31, 2020
Equity [Abstract]  
Schedule of Accumulated Other Comprehensive Income (Loss)
The following tables set forth the changes in each component of accumulated other comprehensive losses, net of deferred income taxes, attributable to Altria:
(in millions)Benefit PlansABICurrency
Translation
Adjustments
and Other
Accumulated
Other
Comprehensive
Losses
Balances, December 31, 2017$(1,839)$(54)$(4)$(1,897)
Adoption of ASU No. 2018-02 (1)
(397)(11)— (408)
Other comprehensive earnings (losses) before reclassifications
(151)(323)(1)(475)
Deferred income taxes
39 64 — 103 
Other comprehensive earnings (losses) before reclassifications, net of deferred income taxes
(112)(259)(1)(372)
Amounts reclassified to net earnings (losses)
241 (64)— 177 
Deferred income taxes
(61)14 — (47)
Amounts reclassified to net earnings (losses), net of
deferred income taxes
180 (50)— 130 
Other comprehensive earnings (losses), net of deferred income taxes
68 (309)(2)(1)(242)
Balances, December 31, 2018(2,168)(374)(5)(2,547)
Other comprehensive earnings (losses) before reclassifications
(204)(367)26 (545)
Deferred income taxes
51 75 — 126 
Other comprehensive earnings (losses) before reclassifications, net of deferred income taxes
(153)(292)26 (419)
Amounts reclassified to net earnings (losses)
173 (34)— 139 
Deferred income taxes
(44)— (37)
Amounts reclassified to net earnings (losses), net of
deferred income taxes
129 (27)— 102 
Other comprehensive earnings (losses), net of deferred income taxes
(24)(319)(2)26 (317)
Balances, December 31, 2019(2,192)(693)21 (2,864)
Other comprehensive earnings (losses) before reclassifications
(454)(1,613)(4)(2,071)
Deferred income taxes
115 352  467 
Other comprehensive earnings (losses) before reclassifications, net of deferred income taxes
(339)(1,261)(4)(1,604)
Amounts reclassified to net earnings (losses)
148 21  169 
Deferred income taxes
(37)(5) (42)
Amounts reclassified to net earnings (losses), net of
deferred income taxes
111 16  127 
Other comprehensive earnings (losses), net of deferred income taxes
(228)(1,245)(2)(4)(1,477)
Balances, December 31, 2020$(2,420)$(1,938)$17 $(4,341)
(1) Reflects the reclassification of the stranded income tax effects of the Tax Reform Act.
(2) 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 7. Financial Instruments.
Reclassification out of Accumulated Other Comprehensive Income
The following table sets forth pre-tax amounts by component, reclassified from accumulated other comprehensive losses to net earnings (losses):
For the Years Ended December 31,
(in millions)202020192018
Benefit Plans: (1)
Net loss$173 $200 $276 
Prior service cost/credit(25)(27)(35)
148 173 241 
ABI (2)
21 (34)(64)
Pre-tax amounts reclassified from accumulated other comprehensive losses to net earnings (losses)
$169 $139 $177 
(1) Amounts are included in net defined benefit plan costs. For further details, see Note 16. Benefit Plans.
(2) Amounts are primarily included in income (losses) from equity investments. For further information, see Note 6. Investments in Equity Securities.