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: 2021 | ||
Consolidated Balance Sheets | ||
Period Ending Dec 31, 2021 10-K (Filed: Feb 25, 2022) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2021 | Dec 31, 2020 | |
| Assets | ||
| Cash and cash equivalents | $ 4,544 | 4,945 |
| Receivables | 47 | 137 |
| Inventories: | ||
| Leaf tobacco | 744 | 844 |
| Other raw materials | 166 | 200 |
| Work in process | 23 | 502 |
| Finished product | 261 | 420 |
| Inventory, net | 1,194 | 1,966 |
| Other current assets | 298 | 69 |
| Total current assets | 6,083 | 7,117 |
| Property, plant and equipment, at cost: | ||
| Land and land improvements | 123 | 348 |
| Buildings and building equipment | 1,422 | 1,480 |
| Machinery and equipment | 2,652 | 3,010 |
| Construction in progress | 235 | 312 |
| Property, plant and equipment, at cost | 4,432 | 5,150 |
| Less accumulated depreciation | 2,879 | 3,138 |
| Property, plant and equipment, net | 1,553 | 2,012 |
| Goodwill | 5,177 | 5,177 |
| Other intangible assets, net | 12,306 | 12,615 |
| Investments in equity securities ($1,720 million and $1,868 million at December 31, 2021 and 2020, respectively, measured at fair value) | 13,481 | 19,529 |
| Other assets | 923 | 964 |
| Total Assets | 39,523 | 47,414 |
| Liabilities | ||
| Current portion of long-term debt | 1,105 | 1,500 |
| Accounts payable | 449 | 380 |
| Accrued liabilities: | ||
| Marketing | 664 | 523 |
| Settlement charges | 3,349 | 3,564 |
| Other | 1,365 | 1,494 |
| Dividends payable | 1,647 | 1,602 |
| Total current liabilities | 8,579 | 9,063 |
| Long-term debt | 26,939 | 27,971 |
| Deferred income taxes | 3,692 | 4,532 |
| Accrued pension costs | 200 | 551 |
| Accrued postretirement health care costs | 1,436 | 1,951 |
| Other liabilities | 283 | 381 |
| Total liabilities | 41,129 | 44,449 |
| Contingencies | ||
| Redeemable noncontrolling interest | 0 | 40 |
| Stockholders Equity (Deficit) | ||
| Common stock, par value $0.33 1/3 per share (2,805,961,317 shares issued) | 935 | 935 |
| Additional paid-in capital | 5,857 | 5,910 |
| Earnings reinvested in the business | 30,664 | 34,679 |
| Accumulated other comprehensive losses | (3,056) | (4,341) |
| Cost of repurchased stock (982,785,699 shares at December 31, 2021 and 947,542,152 shares at December 31, 2020) | (36,006) | (34,344) |
| Total stockholders equity (deficit) attributable to Altria | (1,606) | 2,839 |
| Noncontrolling interests | 0 | 86 |
| Total stockholders equity (deficit) | (1,606) | 2,925 |
| Total Liabilities and Stockholders Equity (Deficit) | 39,523 | 47,414 |
| External Links | |
| ALTRIA GROUP, INC. (MO) Fiscal Year 2021 | |
| 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 |