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: 2018 | ||
Consolidated Balance Sheets | ||
Period Ending Dec 31, 2018 10-K (Filed: Feb 26, 2019) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2018 | Dec 31, 2017 | |
| Assets | ||
| Cash and cash equivalents | $ 1,333 | 1,253 |
| Receivables | 142 | 142 |
| Inventories: | ||
| Leaf tobacco | 940 | 941 |
| Other raw materials | 186 | 170 |
| Work in process | 647 | 560 |
| Finished product | 558 | 554 |
| Inventory, net | 2,331 | 2,225 |
| Income taxes | 167 | 461 |
| Other current assets | 326 | 263 |
| Total current assets | 4,299 | 4,344 |
| Property, plant and equipment, at cost: | ||
| Land and land improvements | 309 | 302 |
| Buildings and building equipment | 1,442 | 1,437 |
| Machinery and equipment | 2,981 | 2,975 |
| Construction in progress | 218 | 165 |
| Property, plant and equipment, at cost | 4,950 | 4,879 |
| Less accumulated depreciation | 3,012 | 2,965 |
| Property, plant and equipment, net | 1,938 | 1,914 |
| Goodwill | 5,196 | 5,307 |
| Other intangible assets, net | 12,279 | 12,400 |
| Investment in AB InBev | 17,696 | 17,952 |
| Investment in JUUL | 12,800 | 0 |
| Other assets | 1,430 | 1,285 |
| Total Assets | 55,638 | 43,202 |
| Liabilities | ||
| Short-term borrowings | 12,704 | 0 |
| Current portion of long-term debt | 1,144 | 864 |
| Accounts payable | 399 | 374 |
| Accrued liabilities: | ||
| Marketing | 586 | 695 |
| Employment costs | 189 | 188 |
| Settlement charges | 3,454 | 2,442 |
| Other | 1,214 | 971 |
| Dividends payable | 1,503 | 1,258 |
| Total current liabilities | 21,193 | 6,792 |
| Long-term debt | 11,898 | 13,030 |
| Deferred income taxes | 5,172 | 5,247 |
| Accrued pension costs | 544 | 445 |
| Accrued postretirement health care costs | 1,749 | 1,987 |
| Other liabilities | 254 | 283 |
| Total liabilities | 40,810 | 27,784 |
| Contingencies | ||
| Redeemable noncontrolling interest | 39 | 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 | 5,961 | 5,952 |
| Earnings reinvested in the business | 43,962 | 42,251 |
| Accumulated other comprehensive losses | (2,547) | (1,897) |
| Cost of repurchased stock (931,903,722 shares at December 31, 2018 and 904,702,125 shares at December 31, 2017) | (33,524) | (31,864) |
| Total stockholders equity attributable to Altria | 14,787 | 15,377 |
| Noncontrolling interests | 2 | 3 |
| Total stockholders equity | 14,789 | 15,380 |
| Total Liabilities and Stockholders Equity | 55,638 | 43,202 |
| External Links | |
| ALTRIA GROUP, INC. (MO) Fiscal Year 2018 | |
| 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 |