Altria Group (MO) financial statements (2021 and earlier)

Company profile

Business Address 6601 WEST BROAD STREET
RICHMOND, VA 23230
State of Incorp. VA
Fiscal Year End December 31
SIC 2111 - Cigarettes (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments4,9454,1234,8265,616 1,604
Cash and cash equivalents4,9454,1234,8265,616 1,604
Restricted cash and investments     1
Receivables137151140147 165
Inventory, net of allowances, customer advances and progress billings1,9661,8621,9142,006 2,188
Inventory1,9661,8621,9142,006 2,188
Other current assets69263124166 319
Other undisclosed current assets     14
Total current assets:7,1176,3997,0047,935 4,291
Noncurrent Assets
Property, plant and equipment2,0122,0092,0021,997 1,962
Intangible assets, net (including goodwill)17,79217,81017,82717,845 17,950
Goodwill5,1775,1775,1775,177 5,262
Intangible assets, net (excluding goodwill)12,61512,63312,65012,668 12,688
Restricted cash and investments60605745 40
Other noncurrent assets9641,0251,048980 1,364
Other undisclosed noncurrent assets19,46919,34822,26223,816 27,306
Total noncurrent assets:40,29740,25243,19644,683 48,622
TOTAL ASSETS:47,41446,65150,20052,618 52,913
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities3,9993,5844,5043,736 3,568
Accounts payable380348273278 246
Accrued liabilities2,0171,6341,6001,499 1,749
Taxes payable  1,066393  
Interest and dividends payable1,6021,6021,5651,566 1,573
Debt1,5001,5001,5003,000 1,000
Other undisclosed current liabilities3,5643,2063,3964,418 3,094
Total current liabilities:9,0638,2909,40011,154 7,662
Noncurrent Liabilities
Long-term debt and lease obligation27,97127,75527,54226,971 26,903
Long-term debt, excluding current maturities27,97127,75527,54226,971 26,903
Liabilities, other than long-term debt7,4157,3357,4347,818 7,672
Deferred income tax liabilities4,5324,7244,8475,191 5,240
Liability, pension and other postretirement and postemployment benefits2,5022,2022,1772,225 2,116
Other liabilities381409410402 316
Total noncurrent liabilities:35,38635,09034,97634,789 34,575
Total liabilities:44,44943,38044,37645,943 42,237
Temporary equity, carrying amount40393838 39
Stockholders' equity
Stockholders' equity attributable to parent2,8393,1395,6886,543 10,545
Common stock935935935935 935
Treasury stock, value(34,344)(34,344)(34,345)(34,346) (33,858)
Additional paid in capital5,9105,9735,9645,959 5,960
Accumulated other comprehensive loss(4,341)(3,781)(3,774)(2,533) (2,402)
Retained earnings34,67934,35636,90836,528 39,910
Stockholders' equity attributable to noncontrolling interest86939894 92
Total stockholders' equity:2,9253,2325,7866,637 10,637
TOTAL LIABILITIES AND EQUITY:47,41446,65150,20052,618 52,913

Income statement (P&L) ($ in millions)

12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
Revenues6,3047,1236,3676,359(19,103)6,856
Cost of revenue(3,158)(3,406)(1,775)(2,173) (1,915)
Cost of goods and services sold(1,909)(1,961)(1,775)(2,173) (1,915)
Other cost of operating revenue(1,249)(1,445)    
Other undisclosed gross profit  (1,305)(1,313) (1,444)
Gross profit:3,1463,7173,2872,873 3,497
Other undisclosed operating loss(565)(557)(491)(537) (553)
Operating income:2,5813,1602,7962,336 2,944
Nonoperating income
(Net Periodic Defined Benefits Expense (Reversal of Expense), Excluding Service Cost Component)
1932827 24
Other undisclosed loss from continuing operations before equity method investments, income taxes(1,223)     
Income from continuing operations before equity method investments, income taxes:1,3773,1632,8242,363 2,968
Income (loss) from equity method investments95(472)9157 333
Other undisclosed income (loss) from continuing operations before income taxes1,069(3,015)(268)(412) (5,429)
Income (loss) from continuing operations before income taxes:2,541(324)2,5652,108 (2,128)
Income tax expense(619)(632)(627)(558) (474)
Net income (loss):1,922(956)1,9381,550 (2,602)
Net income attributable to noncontrolling interest2452 2
Net income (loss) available to common stockholders, diluted:1,924(952)1,9431,552 (2,600)

Comprehensive Income ($ in millions)

12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
Net income (loss):1,922(956)1,9381,550 (2,602)
Other comprehensive income (loss)(560)(7)(1,241)331 244
Comprehensive income (loss):1,362(963)6971,881 (2,358)
Comprehensive income, net of tax, attributable to noncontrolling interest2452 2
Comprehensive income (loss), net of tax, attributable to parent:1,364(959)7021,883 (2,356)

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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