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: 2020 | ||
Consolidated Balance Sheets | ||
Period Ending Dec 31, 2020 10-K (Filed: Feb 26, 2021) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2020 | Dec 31, 2019 | |
| Assets | ||
| Cash and cash equivalents | $ 4,945 | 2,117 |
| Receivables | 137 | 152 |
| Inventories: | ||
| Leaf tobacco | 844 | 874 |
| Other raw materials | 200 | 192 |
| Work in process | 502 | 696 |
| Finished product | 420 | 531 |
| Inventory, net | 1,966 | 2,293 |
| Other current assets | 69 | 262 |
| Total current assets | 7,117 | 4,824 |
| Property, plant and equipment, at cost: | ||
| Land and land improvements | 348 | 353 |
| Buildings and building equipment | 1,480 | 1,461 |
| Machinery and equipment | 3,010 | 2,998 |
| Construction in progress | 312 | 262 |
| Property, plant and equipment, at cost | 5,150 | 5,074 |
| Less accumulated depreciation | 3,138 | 3,075 |
| Property, plant and equipment, net | 2,012 | 1,999 |
| Goodwill | 5,177 | 5,177 |
| Other intangible assets, net | 12,615 | 12,687 |
| Investments in equity securities ($1,868 million and $303 million at December 31, 2020 and 2019, respectively, measured at fair value) | 19,529 | 23,581 |
| Other assets | 964 | 1,003 |
| Total Assets | 47,414 | 49,271 |
| Liabilities | ||
| Current portion of long-term debt | 1,500 | 1,000 |
| Accounts payable | 380 | 325 |
| Accrued liabilities: | ||
| Marketing | 523 | 393 |
| Settlement charges | 3,564 | 3,346 |
| Other | 1,494 | 1,545 |
| Dividends payable | 1,602 | 1,565 |
| Total current liabilities | 9,063 | 8,174 |
| Long-term debt | 27,971 | 27,042 |
| Deferred income taxes | 4,532 | 5,083 |
| Accrued pension costs | 551 | 473 |
| Accrued postretirement health care costs | 1,951 | 1,797 |
| Other liabilities | 381 | 345 |
| Total liabilities | 44,449 | 42,914 |
| Contingencies | ||
| Redeemable noncontrolling interest | 40 | 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 | 5,910 | 5,970 |
| Earnings reinvested in the business | 34,679 | 36,539 |
| Accumulated other comprehensive losses | (4,341) | (2,864) |
| Cost of repurchased stock (947,542,152 shares at December 31, 2020 and 947,979,763 shares at December 31, 2019) | (34,344) | (34,358) |
| Total stockholders equity attributable to Altria | 2,839 | 6,222 |
| Noncontrolling interests | 86 | 97 |
| Total stockholders equity | 2,925 | 6,319 |
| Total Liabilities and Stockholders Equity | 47,414 | 49,271 |
| External Links | |
| ALTRIA GROUP, INC. (MO) Fiscal Year 2020 | |
| 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 |