10-K.Info (Beta Test)
Courtesy of Short Sands, LLC
10-K.Info (Beta Test)
Courtesy of Short Sands, LLC

ALTRIA GROUP, INC.

Ticker: MO   Fiscal Year: 2016

Consolidated Statements of Earnings

Period Ending Dec 31, 2016 10-K (Filed: Feb 27, 2017)

(In Millions, except shares in actual)
 12 Months Ended12 Months Ended12 Months Ended
 Dec 31, 2016Dec 31, 2015Dec 31, 2014
Net revenues
$
25,744
25,43424,522
Cost of sales7,7467,7407,785
Excise taxes on products6,4076,5806,577
Gross profit11,59111,11410,160
 
Marketing, administration and research costs2,6502,7082,539
Reductions of PMI and Mondelez tax-related receivables0412
Asset impairment and exit costs1794(1)
Operating (expense) income8,7628,3617,620
 
Interest and other debt expense, net747817808
Loss on early extinguishment of debt82322844
Earnings from equity investment in SABMiller(795)(757)(1,006)
Gain on AB InBev/SABMiller business combination(13,865)(5)0
Earnings before income taxes21,8528,0787,774
 
Provision for income taxes7,6082,8352,704
Net earnings14,2445,2435,070
 
Net earnings attributable to noncontrolling interests(5)(2)0
Net earnings attributable to Altria Group, Inc.14,2395,2415,070
 
Per share data:
Basic and diluted earnings per share attributable to Altria Group, Inc. (usd per share)7.282.672.56
External Links 
ALTRIA GROUP, INC. (MO) Fiscal Year 2016
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