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SEC Filings

8-K
ALTRIA GROUP, INC. filed this Form 8-K on 02/01/2018
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respectively. The transaction resulted in a one-time, pre-tax charge against reported earnings of $823 million, reflecting the loss on early extinguishment of debt.
The EPS impact of this charge is shown in Table 1 and Schedule 9.
Asset Impairment, Exit, Implementation and Acquisition-related Costs
For the full year 2017, Altria recorded pre-tax charges of $89 million, primarily related to the Facilities Consolidation.
In the fourth quarter of 2016, Altria recorded pre-tax charges of $73 million, primarily related to the Facilities Consolidation. For the full year 2016, Altria recorded pre-tax charges of $206 million, primarily related to the productivity initiative announced in January 2016 and the Facilities Consolidation.
The EPS impact of these charges is shown in Table 1 and Schedules 7 and 9.
Gain on AB InBev/SABMiller Business Combination
For the full year 2017, Altria recorded a pre-tax gain of $445 million related to AB InBev’s divestitures of certain SABMiller assets and businesses in connection with the AB InBev/SABMiller business combination.
In the fourth quarter and full-year 2016, Altria recorded pre-tax gains of approximately $13.7 billion and $13.9 billion, respectively, related to the AB InBev/SABMiller business combination.
The EPS impact of these items is shown in Table 1 and Schedules 7 and 9.
Settlement Charge for Lump Sum Pension Payments
In the fourth quarter of 2017, Altria recorded a one-time pre-tax settlement charge of $81 million related to lump sum payments made in connection with a voluntary, limited-time offer to former employees with vested benefits in the Altria Retirement Plan who had not commenced receiving benefit payments and met certain other conditions.
The EPS impact of this charge is shown in Table 1 and Schedules 7 and 9.
Tax Items
In the fourth quarter of 2017, Altria recorded a $3.4 billion tax benefit primarily related to Tax Reform Items described in “U.S. Corporate Tax Reform” above.
For the full year 2017, Altria recorded $3.7 billion in income tax benefits, primarily related to Tax Reform Items and the previously disclosed valuation allowance release and federal income tax audit closure.
The EPS impact of these items is shown in Table 1 and Schedules 7 and 9.


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