Recent Accounting Guidance Not Yet Adopted

6 Months Ended

Jun. 30, 2011

Recent Accounting Guidance Not Yet Adopted

Recent Accounting Guidance Not Yet Adopted

Note 13. Recent Accounting Guidance Not Yet Adopted:

In June 2011, the Financial Accounting Standards Board ("FASB") issued authoritative guidance that will eliminate the option of presenting components of other comprehensive earnings as part of the statement of stockholders' equity. The guidance will instead require the reporting of other comprehensive earnings in a single continuous statement of comprehensive earnings or in a separate statement immediately following the statement of earnings. The new guidance is effective for interim and annual reporting periods beginning after December 15, 2011; however, early adoption is permitted. Altria Group, Inc. is currently evaluating the authoritative guidance and intends to comply with all new reporting requirements.

In May 2011, the FASB issued authoritative guidance relating to fair value measurement and disclosure requirements. The new guidance is effective for interim and annual periods beginning after December 15, 2011. Early adoption is not permitted. Altria Group, Inc. does not anticipate that the adoption of this guidance will have a significant impact on Altria Group, Inc.'s existing fair value measurements or disclosures.