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: 2019 | ||
Consolidated Balance Sheets | ||
Period Ending Dec 31, 2019 10-K (Filed: Feb 25, 2020) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2019 | Dec 31, 2018 | |
| Assets | ||
| Cash and cash equivalents | $ 2,117 | 1,333 |
| Receivables | 152 | 142 |
| Inventories: | ||
| Leaf tobacco | 874 | 940 |
| Other raw materials | 192 | 186 |
| Work in process | 696 | 647 |
| Finished product | 531 | 558 |
| Inventory, net | 2,293 | 2,331 |
| Income taxes | 116 | 167 |
| Other current assets | 146 | 326 |
| Total current assets | 4,824 | 4,299 |
| Property, plant and equipment, at cost: | ||
| Land and land improvements | 353 | 309 |
| Buildings and building equipment | 1,461 | 1,442 |
| Machinery and equipment | 2,998 | 2,981 |
| Construction in progress | 262 | 218 |
| Property, plant and equipment, at cost | 5,074 | 4,950 |
| Less accumulated depreciation | 3,075 | 3,012 |
| Property, plant and equipment, net | 1,999 | 1,938 |
| Goodwill | 5,177 | 5,196 |
| Other intangible assets, net | 12,687 | 12,279 |
| Investments in equity securities | 23,581 | 30,496 |
| Other assets | 1,003 | 1,251 |
| Total Assets | 49,271 | 55,459 |
| Liabilities | ||
| Short-term borrowings | 0 | 12,704 |
| Current portion of long-term debt | 1,000 | 1,144 |
| Accounts payable | 325 | 399 |
| Accrued liabilities: | ||
| Marketing | 393 | 586 |
| Settlement charges | 3,346 | 3,454 |
| Other | 1,545 | 1,403 |
| Dividends payable | 1,565 | 1,503 |
| Total current liabilities | 8,174 | 21,193 |
| Long-term debt | 27,042 | 11,898 |
| Deferred income taxes | 5,083 | 4,993 |
| Accrued pension costs | 473 | 544 |
| Accrued postretirement health care costs | 1,797 | 1,749 |
| Other liabilities | 345 | 254 |
| Total liabilities | 42,914 | 40,631 |
| Contingencies (Note 19) | ||
| Redeemable noncontrolling interest | 38 | 39 |
| Stockholders' Equity | ||
| Common stock, par value $0.33 1/3 per share (2,805,961,317 shares issued) | 935 | 935 |
| Additional paid-in capital | 5,970 | 5,961 |
| Earnings reinvested in the business | 36,539 | 43,962 |
| Accumulated other comprehensive losses | (2,864) | (2,547) |
| Cost of repurchased stock (947,979,763 shares at December 31, 2019 and 931,903,722 shares at December 31, 2018) | (34,358) | (33,524) |
| Total stockholders equity attributable to Altria | 6,222 | 14,787 |
| Noncontrolling interests | 97 | 2 |
| Total stockholders equity | 6,319 | 14,789 |
| Total Liabilities and Stockholders Equity | 49,271 | 55,459 |
| External Links | |
| ALTRIA GROUP, INC. (MO) Fiscal Year 2019 | |
| 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 |