XML 57 R40.htm IDEA: XBRL DOCUMENT v3.22.0.1
Segment Reporting (Tables)
12 Months Ended
Dec. 31, 2021
Segment Reporting [Abstract]  
Segment Data Schedule
Segment data were as follows:
 For the Years Ended December 31,
(in millions)202120202019
Net revenues:
Smokeable products$22,866 $23,089 $21,996 
Oral tobacco products2,608 2,533 2,367 
Wine494 614 689 
All other45 (83)58 
Net revenues$26,013 $26,153 $25,110 
Earnings before income taxes:
OCI:
Smokeable products$10,394 $9,985 $9,009 
Oral tobacco products1,659 1,718 1,580 
Wine21 (360)(3)
All other(97)(172)(16)
Amortization of intangibles(72)(72)(44)
General corporate expenses(345)(227)(199)
Corporate asset impairment and exit costs
 (1)
Operating income11,560 10,873 10,326 
Interest and other debt expense, net
1,162 1,209 1,280 
Loss on early extinguishment of debt649 — — 
Net periodic benefit income, excluding service cost (202)(77)(37)
(Income) losses from equity investments5,979 111 (1,725)
Impairment of JUUL equity securities
 2,600 8,600 
Loss on Cronos-related financial instruments148 140 1,442 
Earnings before income taxes$3,824 $6,890 $766 
Schedule of Depreciation Expense and Capital Expenditures of Segments
Details of Altria’s depreciation expense and capital expenditures were as follows:
 For the Years Ended December 31,
(in millions)202120202019
Depreciation expense:
Smokeable products$80 $81 $88 
Oral tobacco products34 32 27 
Wine27 40 41 
General corporate and other31 32 26 
Total depreciation expense$172 $185 $182 
Capital expenditures:
Smokeable products$48 $49 $61 
Oral tobacco products43 67 44 
Wine12 31 63 
General corporate and other66 84 78 
Total capital expenditures$169 $231 $246 
Schedule Of Non-Participating Manufacturer Adjustment Items Pre-tax (income) expense for NPM adjustment items was recorded to Altria’s consolidated statements of earnings (losses) as follows:
For the Years Ended December 31,
(in millions)20212020
Smokeable products segment
$(53)$
Interest and other debt expense, net
(23)— 
Total$(76)$
Schedule of Pre-tax Tobacco and Health Litigation Charges Pre-tax charges related to tobacco and health and certain other litigation items were recorded in Altria’s consolidated statements of earnings (losses) as follows:
For the Years Ended December 31,
(in millions)202120202019
Smokeable products segment
$83 $79 $72 
General corporate90 — — 
Interest and other debt expense, net
9 
Total$182 $83 $77