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: 2016 | |||
Consolidated Statements of Earnings | |||
Period Ending Dec 31, 2016 10-K (Filed: Feb 27, 2017) | |||
(In Millions, except shares in actual) | |||
12 Months Ended | 12 Months Ended | 12 Months Ended | |
Dec 31, 2016 | Dec 31, 2015 | Dec 31, 2014 | |
Net revenues | $ 25,744 | 25,434 | 24,522 |
Cost of sales | 7,746 | 7,740 | 7,785 |
Excise taxes on products | 6,407 | 6,580 | 6,577 |
Gross profit | 11,591 | 11,114 | 10,160 |
Marketing, administration and research costs | 2,650 | 2,708 | 2,539 |
Reductions of PMI and Mondelez tax-related receivables | 0 | 41 | 2 |
Asset impairment and exit costs | 179 | 4 | (1) |
Operating (expense) income | 8,762 | 8,361 | 7,620 |
Interest and other debt expense, net | 747 | 817 | 808 |
Loss on early extinguishment of debt | 823 | 228 | 44 |
Earnings from equity investment in SABMiller | (795) | (757) | (1,006) |
Gain on AB InBev/SABMiller business combination | (13,865) | (5) | 0 |
Earnings before income taxes | 21,852 | 8,078 | 7,774 |
Provision for income taxes | 7,608 | 2,835 | 2,704 |
Net earnings | 14,244 | 5,243 | 5,070 |
Net earnings attributable to noncontrolling interests | (5) | (2) | 0 |
Net earnings attributable to Altria Group, Inc. | 14,239 | 5,241 | 5,070 |
Per share data: | |||
Basic and diluted earnings per share attributable to Altria Group, Inc. (usd per share) | 7.28 | 2.67 | 2.56 |
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 |