10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
ALTRIA GROUP, INC. | ||
Ticker: MO Fiscal Year: 2017 | ||
Consolidated Balance Sheets | ||
Period Ending Dec 31, 2017 10-K (Filed: Feb 27, 2018) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2017 | Dec 31, 2016 | |
| Assets | ||
| Cash and cash equivalents | $ 1,253 | 4,569 |
| Receivables | 142 | 151 |
| Inventories: | ||
| Leaf tobacco | 941 | 892 |
| Other raw materials | 170 | 164 |
| Work in process | 560 | 512 |
| Finished product | 554 | 483 |
| Inventory, net | 2,225 | 2,051 |
| Income taxes | 461 | 269 |
| Other current assets | 263 | 220 |
| Total current assets | 4,344 | 7,260 |
| Property, plant and equipment, at cost: | ||
| Land and land improvements | 302 | 316 |
| Buildings and building equipment | 1,437 | 1,481 |
| Machinery and equipment | 2,975 | 2,917 |
| Construction in progress | 165 | 121 |
| Property, plant and equipment, at cost | 4,879 | 4,835 |
| Less accumulated depreciation | 2,965 | 2,877 |
| Property, plant and equipment, net | 1,914 | 1,958 |
| Goodwill | 5,307 | 5,285 |
| Other intangible assets, net | 12,400 | 12,036 |
| Investment in AB InBev | 17,952 | 17,852 |
| Finance assets, net | 899 | 1,028 |
| Other assets | 386 | 513 |
| Total Assets | 43,202 | 45,932 |
| Liabilities | ||
| Current portion of long-term debt | 864 | 0 |
| Accounts payable | 374 | 425 |
| Accrued liabilities: | ||
| Marketing | 695 | 747 |
| Employment costs | 188 | 289 |
| Settlement charges | 2,442 | 3,701 |
| Other | 971 | 1,025 |
| Dividends payable | 1,258 | 1,188 |
| Total current liabilities | 6,792 | 7,375 |
| Long-term debt | 13,030 | 13,881 |
| Deferred income taxes | 5,247 | 8,416 |
| Accrued pension costs | 445 | 805 |
| Accrued postretirement health care costs | 1,987 | 2,217 |
| Other liabilities | 283 | 427 |
| Total liabilities | 27,784 | 33,121 |
| Contingencies (Note 18) | ||
| Redeemable noncontrolling interest | 38 | 38 |
| Stockholders' Equity | ||
| Common stock, par value $0.33 1/3 per share (2,805,961,317 shares issued) | 935 | 935 |
| Additional paid-in capital | 5,952 | 5,893 |
| Earnings reinvested in the business | 42,251 | 36,906 |
| Accumulated other comprehensive losses | (1,897) | (2,052) |
| Cost of repurchased stock (904,702,125 shares at December 31, 2017 and 862,689,093 shares at December 31, 2016) | (31,864) | (28,912) |
| Total stockholders equity attributable to Altria Group, Inc. | 15,377 | 12,770 |
| Noncontrolling interests | 3 | 3 |
| Total stockholders equity | 15,380 | 12,773 |
| Total Liabilities and Stockholders Equity | 43,202 | 45,932 |
| External Links | |
| ALTRIA GROUP, INC. (MO) Fiscal Year 2017 | |
| Statements of 10-K in Excel | https://www.sec.gov/.../Financial.xlxs |
| Complete 10-K in HTML | https://www.sec.gov/.../10-K.html |
| Complete 10-K in XBRL | https://www.sec.gov/.../10-K-xbrl.zip |