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SEC Filings

8-K
ALTRIA GROUP, INC. filed this Form 8-K on 02/01/2018
Entire Document
 

Altria Group, Inc. and Subsidiaries
Notes to Consolidated Financial Statements
_________________________


Condensed Consolidating Balance Sheets
(in millions of dollars)
____________________________
at December 31, 2017
Altria
Group, Inc.

 
PM USA

 
Non-
Guarantor
Subsidiaries

 
Total
Consolidating
Adjustments

 
Consolidated

Assets
 
 
 
 
 
 
 
 
 
Cash and cash equivalents
$
1,203

 
$
1

 
$
49

 
$

 
$
1,253

Receivables
1

 
10

 
131

 

 
142

Inventories:
 
 
 
 
 
 
 
 
 
Leaf tobacco

 
579

 
362

 

 
941

Other raw materials

 
111

 
59

 

 
170

Work in process

 
5

 
555

 

 
560

Finished product

 
128

 
426

 

 
554

 

 
823

 
1,402

 

 
2,225

Due from Altria Group, Inc. and subsidiaries
2

 
2,413

 
1,022

 
(3,437
)
 

Income taxes

 
542

 
17

 
(98
)
 
461

Other current assets
11

 
147

 
105

 

 
263

Total current assets
1,217

 
3,936

 
2,726

 
(3,535
)
 
4,344

Property, plant and equipment, at cost

 
2,930

 
1,949

 

 
4,879

Less accumulated depreciation

 
2,086

 
879

 

 
2,965

 

 
844

 
1,070

 

 
1,914

Goodwill

 

 
5,307

 

 
5,307

Other intangible assets, net

 
2

 
12,398

 

 
12,400

Investment in AB InBev
17,952

 

 

 

 
17,952

Investment in consolidated subsidiaries
13,111

 
2,818

 

 
(15,929
)
 

Finance assets, net

 

 
899

 

 
899

Due from Altria Group, Inc. and subsidiaries
4,790

 

 

 
(4,790
)
 

Other assets
34

 
671

 
157

 
(476
)
 
386

Total Assets
$
37,104

 
$
8,271

 
$
22,557

 
$
(24,730
)
 
$
43,202




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