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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, 2016
Altria
Group, Inc.

 
PM USA

 
Non-
Guarantor
Subsidiaries

 
Total
Consolidating
Adjustments

 
Consolidated

Liabilities
 
 
 
 
 
 
 
 
 
Accounts payable
$
1

 
$
92

 
$
332

 
$

 
$
425

Accrued liabilities:
 
 
 
 
 
 
 
 
 
Marketing

 
619

 
128

 

 
747

Employment costs
104

 
14

 
171

 

 
289

Settlement charges

 
3,696

 
5

 

 
3,701

Other
261

 
438

 
326

 

 
1,025

Dividends payable
1,188

 

 

 

 
1,188

Due to Altria Group, Inc. and subsidiaries
5,030

 
237

 
41

 
(5,308
)
 

Total current liabilities
6,584

 
5,096

 
1,003

 
(5,308
)
 
7,375

Long-term debt
13,881

 

 

 

 
13,881

Deferred income taxes
5,424

 

 
4,376

 
(1,384
)
 
8,416

Accrued pension costs
207

 

 
598

 

 
805

Accrued postretirement health care costs

 
1,453

 
764

 

 
2,217

Due to Altria Group, Inc. and subsidiaries

 

 
4,790

 
(4,790
)
 

Other liabilities
121

 
146

 
160

 

 
427

Total liabilities
26,217

 
6,695

 
11,691

 
(11,482
)
 
33,121

Contingencies

 

 

 

 

Redeemable noncontrolling interest

 

 
38

 

 
38

Stockholders’ Equity
 
 
 
 
 
 
 
 
 
Common stock
935

 

 
9

 
(9
)
 
935

Additional paid-in capital
5,893

 
3,310

 
11,585

 
(14,895
)
 
5,893

Earnings reinvested in the business
36,906

 
237

 
1,118

 
(1,355
)
 
36,906

Accumulated other comprehensive losses
(2,052
)
 
(271
)
 
(1,720
)
 
1,991

 
(2,052
)
Cost of repurchased stock
(28,912
)
 

 

 

 
(28,912
)
Total stockholders’ equity attributable to Altria Group, Inc.
12,770

 
3,276

 
10,992

 
(14,268
)
 
12,770

Noncontrolling interests

 

 
3

 

 
3

Total stockholders’ equity
12,770

 
3,276

 
10,995

 
(14,268
)
 
12,773

Total Liabilities and Stockholders’ Equity
$
38,987

 
$
9,971

 
$
22,724

 
$
(25,750
)
 
$
45,932





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