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: 2022 | |||
Consolidated Statements of Earnings | |||
Period Ending Dec 31, 2022 10-K (Filed: Feb 27, 2023) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
| Net revenues | $ 25,096 | 26,013 | 26,153 |
| Cost of sales | 6,442 | 7,119 | 7,818 |
| Excise taxes on products | 4,408 | 4,902 | 5,312 |
| Gross profit | 14,246 | 13,992 | 13,023 |
| Marketing, administration and research costs | 2,327 | 2,432 | 2,150 |
| Operating income | 11,919 | 11,560 | 10,873 |
| Interest and other debt expense, net | 1,058 | 1,162 | 1,209 |
| Loss on early extinguishment of debt | 0 | 649 | 0 |
| Net periodic defined benefits expense (reversal of expense) | (184) | (202) | (77) |
| (Income) losses from investments in equity securities | 3,641 | 5,979 | 111 |
| Impairment of JUUL equity securities | 0 | 0 | 2,600 |
| Loss on Cronos-related financial instruments | 15 | 148 | 140 |
| Earnings before income taxes | 7,389 | 3,824 | 6,890 |
| Provision for income taxes | 1,625 | 1,349 | 2,436 |
| Net earnings | 5,764 | 2,475 | 4,454 |
| Net losses attributable to noncontrolling interests | 0 | 0 | 13 |
| Net earnings attributable to Altria | 5,764 | 2,475 | 4,467 |
| Per share data: | |||
| Basic earnings per share attributable to Altria (in usd per share) | 3.19 | 1.34 | 2.40 |
| Diluted earnings per share attributable to Altria (in usd per share) | 3.19 | 1.34 | 2.40 |
| External Links | |
| ALTRIA GROUP, INC. (MO) Fiscal Year 2022 | |
| 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 |