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

ALTRIA GROUP, INC.

Ticker: MO   Fiscal Year: 2019

Consolidated Statements of Earnings (Losses)

Period Ending Dec 31, 2019 10-K (Filed: Feb 25, 2020)

(In Millions, except shares in actual)
 12 Months Ended12 Months Ended12 Months Ended
 Dec 31, 2019Dec 31, 2018Dec 31, 2017
Net revenues
$
25,110
25,36425,576
Cost of sales7,0857,3737,531
Excise taxes on products5,3145,7376,082
Gross profit12,71112,25411,963
 
Marketing, administration and research costs2,2262,7562,338
Asset Impairment and Exit Costs15938332
Operating (expense) income10,3269,1159,593
 
Interest and other debt expense, net1,280665705
Net periodic benefit (income) cost, excluding service cost(37)(34)37
Earnings from equity investments(1,725)(890)(532)
Impairment of JUUL equity securities8,60000
Loss on Cronos-related financial instruments1,44200
(Gain) loss on ABI/SABMiller business combination033(445)
Earnings (losses) before income taxes7669,3419,828
 
Provision (benefit) for income taxes2,0642,374(399)
Net earnings (losses)(1,298)6,96710,227
 
Net (earnings) losses attributable to noncontrolling interests5(4)(5)
Net earnings (losses) attributable to Altria(1,293)6,96310,222
 
Per share data:
Basic earnings (losses) per share attributable to Altria (in usd per share)(0.70)3.695.31
Diluted earnings (losses) per share attributable to Altria (in usd per share)(0.70)3.685.31
External Links 
ALTRIA GROUP, INC. (MO) Fiscal Year 2019
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