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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 (Continued)
(in millions of dollars)
____________________________
at December 31, 2017
Altria
Group, Inc.

 
PM USA

 
Non-
Guarantor
Subsidiaries

 
Total
Consolidating
Adjustments

 
Consolidated

Liabilities
 
 
 
 
 
 
 
 
 
Current portion of long-term debt
$
864

 
$

 
$

 
$

 
$
864

Accounts payable
2

 
91

 
281

 

 
374

Accrued liabilities:
 
 
 
 
 
 
 
 
 
Marketing

 
578

 
117

 

 
695

Employment costs
21

 
14

 
153

 

 
188

Settlement charges

 
2,437

 
5

 

 
2,442

Other
389

 
433

 
247

 
(98
)
 
971

Dividends payable
1,258

 

 

 

 
1,258

Due to Altria Group, Inc. and subsidiaries
3,040

 
317

 
80

 
(3,437
)
 

Total current liabilities
5,574

 
3,870

 
883

 
(3,535
)
 
6,792

Long-term debt
13,030

 

 

 

 
13,030

Deferred income taxes
2,809

 

 
2,914

 
(476
)
 
5,247

Accrued pension costs
206

 

 
239

 

 
445

Accrued postretirement health care costs

 
1,214

 
773

 

 
1,987

Due to Altria Group, Inc. and subsidiaries

 

 
4,790

 
(4,790
)
 

Other liabilities
108

 
49

 
126

 

 
283

Total liabilities
21,727

 
5,133

 
9,725

 
(8,801
)
 
27,784

Contingencies

 

 

 

 

Redeemable noncontrolling interest

 

 
38

 

 
38

Stockholders’ Equity
 
 
 
 
 
 
 
 
 
Common stock
935

 

 
9

 
(9
)
 
935

Additional paid-in capital
5,952

 
3,310

 
12,045

 
(15,355
)
 
5,952

Earnings reinvested in the business
42,251

 
96

 
2,243

 
(2,339
)
 
42,251

Accumulated other comprehensive losses
(1,897
)
 
(268
)
 
(1,506
)
 
1,774

 
(1,897
)
Cost of repurchased stock
(31,864
)
 

 

 

 
(31,864
)
Total stockholders’ equity attributable to Altria Group, Inc.
15,377

 
3,138

 
12,791

 
(15,929
)
 
15,377

Noncontrolling interests

 

 
3

 

 
3

Total stockholders’ equity
15,377

 
3,138

 
12,794

 
(15,929
)
 
15,380

Total Liabilities and Stockholders’ Equity
$
37,104

 
$
8,271

 
$
22,557

 
$
(24,730
)
 
$
43,202

 


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