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: 2015 | |||
Consolidated Statements of Earnings | |||
Period Ending Dec 31, 2015 10-K (Filed: Feb 25, 2016) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2015 | Dec 31, 2014 | Dec 31, 2013 | |
| Net revenues | $ 25,434 | 24,522 | 24,466 |
| Cost of sales | 7,740 | 7,785 | 7,206 |
| Excise taxes on products | 6,580 | 6,577 | 6,803 |
| Gross profit | 11,114 | 10,160 | 10,457 |
| Marketing, administration and research costs | 2,708 | 2,539 | 2,340 |
| Changes to Mondelez and PMI tax-related receivables/payables | 41 | 2 | 22 |
| Asset impairment and exit costs | 4 | (1) | 11 |
| Operating income | 8,361 | 7,620 | 8,084 |
| Interest and other debt expense, net | 817 | 808 | 1,049 |
| Loss on early extinguishment of debt | 228 | 44 | 1,084 |
| Earnings from equity investment in SABMiller | (757) | (1,006) | (991) |
| Other income, net | (5) | 0 | 0 |
| Earnings before income taxes | 8,078 | 7,774 | 6,942 |
| Provision for income taxes | 2,835 | 2,704 | 2,407 |
| Net earnings | 5,243 | 5,070 | 4,535 |
| Net earnings attributable to noncontrolling interests | (2) | 0 | 0 |
| Net earnings attributable to Altria Group, Inc. | 5,241 | 5,070 | 4,535 |
| Per share data: | |||
| Basic and diluted earnings per share attributable to Altria Group, Inc. (usd per share) | 2.67 | 2.56 | 2.26 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
ALTRIA GROUP, INC. | |||
Ticker: MO Fiscal Year: 2015 | |||
Statement of Comprehensive Earnings | |||
Period Ending Dec 31, 2015 10-K (Filed: Feb 25, 2016) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2015 | Dec 31, 2014 | Dec 31, 2013 | |
| Net earnings | $ 5,243 | 5,070 | 4,535 |
| Other comprehensive earnings (losses), net of deferred income taxes: | |||
| Currency translation adjustments | (3) | (2) | (2) |
| Benefit plans | 30 | (767) | 1,141 |
| SABMiller | (625) | (535) | (477) |
| Other comprehensive (losses) earnings, net of deferred income taxes | (598) | (1,304) | 662 |
| Comprehensive earnings | 4,645 | 3,766 | 5,197 |
| Comprehensive earnings attributable to noncontrolling interests | (2) | 0 | 0 |
| Comprehensive earnings attributable to Altria Group, Inc. | 4,643 | 3,766 | 5,197 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
ALTRIA GROUP, INC. | |||
Ticker: MO Fiscal Year: 2015 | |||
Consolidated Statements of Cash Flows | |||
Period Ending Dec 31, 2015 10-K (Filed: Feb 25, 2016) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2015 | Dec 31, 2014 | Dec 31, 2013 | |
| Cash Provided by (Used in) Operating Activities | |||
| Net earnings | $ 5,243 | 5,070 | 4,535 |
| Adjustments to reconcile net earnings to operating cash flows: | |||
| Depreciation and amortization | 225 | 208 | 212 |
| Deferred income tax benefit | (132) | (129) | (86) |
| Earnings from equity investment in SABMiller | (757) | (1,006) | (991) |
| Dividends from SABMiller | 495 | 456 | 439 |
| Loss on early extinguishment of debt | 228 | 44 | 1,084 |
| Cash effects of changes, net of the effects from acquisition of Green Smoke: | |||
| Receivables, net | 3 | (8) | 78 |
| Inventories | (33) | (184) | (133) |
| Accounts payable | (7) | (5) | (76) |
| Income taxes | (12) | 1 | (95) |
| Accrued liabilities and other current assets | 199 | (107) | (107) |
| Accrued settlement charges | 90 | 109 | (225) |
| Pension plan contributions | (28) | (15) | (393) |
| Pension provisions and postretirement, net | 114 | 21 | 177 |
| Other | 182 | 208 | (44) |
| Net cash provided by operating activities | 5,810 | 4,663 | 4,375 |
| Cash Provided by (Used in) Investing Activities | |||
| Capital expenditures | (229) | (163) | (131) |
| Acquisition of Green Smoke, net of acquired cash | 0 | (102) | 0 |
| Proceeds from finance assets | 354 | 369 | 716 |
| Payment for derivative financial instrument | (132) | 0 | 0 |
| Other | (8) | 73 | 17 |
| Net cash (used in) provided by investing activities | (15) | 177 | 602 |
| Cash Provided by (Used in) Financing Activities | |||
| Long-term debt issued | 0 | 999 | 4,179 |
| Long-term debt repaid | (1,793) | (825) | (3,559) |
| Repurchases of common stock | (554) | (939) | (634) |
| Dividends paid on common stock | (4,179) | (3,892) | (3,612) |
| Premiums and fees related to early extinguishment of debt | (226) | (44) | (1,054) |
| Other | 5 | 7 | (22) |
| Net cash used in financing activities | (6,747) | (4,694) | (4,702) |
| Cash and cash equivalents: | |||
| (Decrease) increase | (952) | 146 | 275 |
| Balance at beginning of year | 3,321 | 3,175 | |
| Balance at end of year | 2,369 | 3,321 | 3,175 |
| Cash Paid: Interest | 776 | 820 | 1,099 |
| Cash Paid: Income taxes | 3,029 | 2,765 | 2,448 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
ALTRIA GROUP, INC. | ||
Ticker: MO Fiscal Year: 2015 | ||
Consolidated Balance Sheets | ||
Period Ending Dec 31, 2015 10-K (Filed: Feb 25, 2016) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2015 | Dec 31, 2014 | |
| Assets | ||
| Cash and cash equivalents | $ 2,369 | 3,321 |
| Receivables | 124 | 124 |
| Inventories: | ||
| Leaf tobacco | 957 | 991 |
| Other raw materials | 181 | 200 |
| Work in process | 444 | 429 |
| Finished product | 449 | 420 |
| Inventory, net | 2,031 | 2,040 |
| Deferred income taxes | 1,175 | 1,143 |
| Other current assets | 387 | 250 |
| Total current assets | 6,086 | 6,878 |
| Property, plant and equipment, at cost: | ||
| Land and land improvements | 295 | 293 |
| Buildings and building equipment | 1,406 | 1,323 |
| Machinery and equipment | 2,969 | 2,986 |
| Construction in progress | 207 | 153 |
| Property, plant and equipment, at cost | 4,877 | 4,755 |
| Less accumulated depreciation | 2,895 | 2,772 |
| Property, plant and equipment, net | 1,982 | 1,983 |
| Goodwill | 5,285 | 5,285 |
| Other intangible assets, net | 12,028 | 12,049 |
| Investment in SABMiller | 5,483 | 6,183 |
| Finance assets, net | 1,239 | 1,614 |
| Other assets | 432 | 483 |
| Total Assets | 32,535 | 34,475 |
| Liabilities | ||
| Current portion of long-term debt | 4 | 1,000 |
| Accounts payable | 400 | 416 |
| Accrued liabilities: | ||
| Marketing | 695 | 618 |
| Employment costs | 198 | 186 |
| Settlement charges | 3,590 | 3,500 |
| Other | 1,081 | 925 |
| Dividends payable | 1,110 | 1,028 |
| Total current liabilities | 7,078 | 7,673 |
| Long-term debt | 12,915 | 13,693 |
| Deferred income taxes | 5,663 | 6,088 |
| Accrued pension costs | 1,277 | 1,012 |
| Accrued postretirement health care costs | 2,245 | 2,461 |
| Other liabilities | 447 | 503 |
| Total liabilities | 29,625 | 31,430 |
| Contingencies | ||
| Redeemable noncontrolling interest | 37 | 35 |
| Stockholders' Equity | ||
| Common stock, par value $0.33 1/3 per share (2,805,961,317 shares issued) | 935 | 935 |
| Additional paid-in capital | 5,813 | 5,735 |
| Earnings reinvested in the business | 27,257 | 26,277 |
| Accumulated other comprehensive losses | (3,280) | (2,682) |
| Cost of repurchased stock (845,901,836 shares at December 31, 2015 and 834,486,794 shares at December 31, 2014) | (27,845) | (27,251) |
| Total stockholders equity attributable to Altria Group, Inc. | 2,880 | 3,014 |
| Noncontrolling interests | (7) | (4) |
| Total stockholders equity | 2,873 | 3,010 |
| Total Liabilities and Stockholders Equity | 32,535 | 34,475 |
| External Links | |
| ALTRIA GROUP, INC. (MO) Fiscal Year 2015 | |
| 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 |