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: 2017 | |||
Consolidated Statements of Earnings | |||
Period Ending Dec 31, 2017 10-K (Filed: Feb 27, 2018) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2017 | Dec 31, 2016 | Dec 31, 2015 | |
| Net revenues | $ 25,576 | 25,744 | 25,434 |
| Cost of sales | 7,543 | 7,746 | 7,740 |
| Excise taxes on products | 6,082 | 6,407 | 6,580 |
| Gross profit | 11,951 | 11,591 | 11,114 |
| Marketing, administration and research costs | 2,362 | 2,650 | 2,708 |
| Reduction of PMI tax-related receivable | 0 | 0 | 41 |
| Asset impairment and exit costs | 33 | 179 | 4 |
| Operating (expense) income | 9,556 | 8,762 | 8,361 |
| Interest and other debt expense, net | 705 | 747 | 817 |
| Loss on early extinguishment of debt | 0 | 823 | 228 |
| Earnings from equity investment in AB InBev/SABMiller | (532) | (795) | (757) |
| Gain on AB InBev/SABMiller business combination | (445) | (13,865) | (5) |
| Earnings before income taxes | 9,828 | 21,852 | 8,078 |
| (Benefit) provision for income taxes | (399) | 7,608 | 2,835 |
| Net earnings | 10,227 | 14,244 | 5,243 |
| Net earnings attributable to noncontrolling interests | (5) | (5) | (2) |
| Net earnings attributable to Altria Group, Inc. | 10,222 | 14,239 | 5,241 |
| Per share data: | |||
| Basic and diluted earnings per share attributable to Altria Group, Inc. (usd per share) | 5.31 | 7.28 | 2.67 |
| External Links | |
| ALTRIA GROUP, INC. (MO) Fiscal Year 2017 | |
| 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 |