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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, 2016
Altria
Group, Inc.

 
PM USA

 
Non-
Guarantor
Subsidiaries

 
Total
Consolidating
Adjustments

 
Consolidated

Assets
 
 
 
 
 
 
 
 
 
Cash and cash equivalents
$
4,521

 
$
1

 
$
47

 
$

 
$
4,569

Receivables

 
8

 
143

 

 
151

Inventories:
 
 
 
 
 
 
 
 
 
Leaf tobacco

 
541

 
351

 

 
892

Other raw materials

 
111

 
53

 

 
164

Work in process

 
3

 
509

 

 
512

Finished product

 
112

 
371

 

 
483

 


767


1,284




2,051

Due from Altria Group, Inc. and subsidiaries

 
3,797

 
1,511

 
(5,308
)
 

Income taxes
167

 
10

 
92

 

 
269

Other current assets
3

 
108

 
109

 

 
220

Total current assets
4,691

 
4,691

 
3,186

 
(5,308
)
 
7,260

Property, plant and equipment, at cost

 
2,971

 
1,864

 

 
4,835

Less accumulated depreciation

 
2,073

 
804

 

 
2,877

 

 
898

 
1,060

 

 
1,958

Goodwill

 

 
5,285

 

 
5,285

Other intangible assets, net

 
2

 
12,034

 

 
12,036

Investment in AB InBev
17,852

 

 

 

 
17,852

Investment in consolidated subsidiaries
11,636

 
2,632

 

 
(14,268
)
 

Finance assets, net

 

 
1,028

 

 
1,028

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

 

 

 
(4,790
)
 

Other assets
18

 
1,748

 
131

 
(1,384
)
 
513

Total Assets
$
38,987

 
$
9,971

 
$
22,724

 
$
(25,750
)
 
$
45,932



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