Altria Group, Inc. MO Balance Sheet

Altria group, inc. (MO)

Balance Sheet / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Dec'09	Sep'09	Jun'09	Dec'08
Assets
Cash and cash equivalents
5,616	2,117	1,604	1,796	3,352	1,333	2,393	1,430	2,191	1,253	2,582	2,255	5,228	4,569	2,298	819	3,815	2,369	1,907	1,123	3,674	3,321	2,241	1,193	3,620	3,175	4,211	2,571	3,775	2,900	2,186	1,528	4,156	3,270	3,043	2,064	3,432	2,314	1,700	854	3,290	1,871	1,030	544	7,916
Receivables
147	152	165	163	158	142	187	144	133	142	148	119	135	151	146	122	104	124	137	142	172	124	106	105	113	115	92	114	112	193	196	256	244	268	194	166	71	85	82	90	170	96	92	101	44
Inventories:
Leaf tobacco
895	874	820	837	930	940	794	810	920	941	784	769	887	892	844	836	994	957	863	865	1,019	991	838	842	976	933	798	759	864	876	752	799	932	934	777	802	925	960	834	853	984	993	875	908	727
Other raw materials
193	192	201	194	190	186	188	191	184	170	180	178	171	164	174	180	178	181	187	201	200	200	190	187	188	180	177	182	174	173	182	184	178	170	182	188	174	160	169	158	160	157	182	183	145
Work in process
467	696	598	603	651	647	506	501	547	560	432	434	492	512	410	391	436	444	393	367	410	429	347	335	379	394	307	311	339	349	261	269	310	316	243	279	299	299	225	248	281	293	231	250	9
Finished product
451	531	569	601	585	558	589	621	606	554	591	618	572	483	552	563	500	449	511	481	456	420	515	486	427	372	436	449	439	348	429	432	410	359	423	404	426	384	390	391	388	367	474	540	188
Inventory, net
2,006	2,293	2,188	2,235	2,356	2,331	2,077	2,123	2,257	2,225	1,987	1,999	2,122	2,051	1,980	1,970	2,108	2,031	1,954	1,914	2,085	2,040	1,890	1,850	1,970	1,879	1,718	1,701	1,816	1,746	1,624	1,684	1,830	1,779	1,625	1,673	1,824	1,803	1,618	1,650	1,813	1,810	1,762	1,881	1,069
Income taxes
-	-	15	79	3	167	84	182	0	461	-	-	-	269	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,188	1,188	1,175	-	1,143	1,143	1,143	1,143	1,095	1,101	1,100	1,100	1,218	1,217	1,216	1,216	1,287	1,207	1,207	1,207	1,187	1,163	1,163	1,165	1,264	1,267	1,261	1,336	1,501	1,561	1,690
Other current assets
166	262	319	210	393	326	424	252	243	263	439	238	141	220	791	501	296	387	370	311	159	250	330	226	174	321	310	257	197	260	641	468	456	396	526	591	498	614	842	791	504	660	623	795	357
Total current assets
7,935	4,824	4,291	4,483	6,262	4,299	5,165	4,131	4,824	4,344	5,156	4,611	7,626	7,260	6,403	4,600	7,498	4,911	5,511	4,633	7,233	6,878	5,662	4,475	6,977	6,590	7,549	5,860	7,116	6,315	5,934	5,143	7,893	6,920	6,575	5,657	6,988	5,981	5,506	4,652	7,038	5,773	5,008	4,882	11,076
Property, plant and equipment, at cost:
Land and land improvements
-	-	-	-	-	309	-	-	-	302	-	-	-	316	-	-	-	295	-	-	-	293	-	-	-	291	-	-	-	292	-	-	-	290	-	-	-	291	-	-	-	366	-	-	174
Buildings and building equipment
-	-	-	-	-	1,442	-	-	-	1,437	-	-	-	1,481	-	-	-	1,406	-	-	-	1,323	-	-	-	1,308	-	-	-	1,276	-	-	-	1,271	-	-	-	1,292	-	-	-	1,909	-	-	1,678
Machinery and equipment
-	-	-	-	-	2,981	-	-	-	2,975	-	-	-	2,917	-	-	-	2,969	-	-	-	2,986	-	-	-	3,111	-	-	-	3,068	-	-	-	3,097	-	-	-	3,473	-	-	-	3,649	-	-	3,122
Construction in progress
-	-	-	-	-	218	-	-	-	165	-	-	-	121	-	-	-	207	-	-	-	153	-	-	-	107	-	-	-	114	-	-	-	70	-	-	-	94	-	-	-	220	-	-	370
Property, plant and equipment, at cost
5,103	5,074	5,009	4,933	4,917	4,950	4,861	4,818	4,879	4,879	4,846	4,852	4,856	4,835	4,820	4,866	4,849	4,877	4,866	4,805	4,784	4,755	4,851	4,816	4,828	4,817	4,787	4,776	4,763	4,750	4,719	4,750	4,737	4,728	4,762	4,737	5,099	5,150	5,177	5,821	6,012	6,144	6,127	6,081	5,344
Less accumulated depreciation
3,106	3,075	3,047	3,016	2,995	3,012	2,970	2,940	2,988	2,965	2,939	2,952	2,933	2,877	2,851	2,904	2,894	2,895	2,850	2,814	2,812	2,772	2,853	2,819	2,825	2,789	2,746	2,736	2,695	2,648	2,608	2,619	2,572	2,512	2,478	2,432	2,760	2,770	2,755	3,286	3,377	3,460	3,353	3,257	3,145
Property, plant and equipment, net
1,997	1,999	1,962	1,917	1,922	1,938	1,891	1,878	1,891	1,914	1,907	1,900	1,923	1,958	1,969	1,962	1,955	1,982	2,016	1,991	1,972	1,983	1,998	1,997	2,003	2,028	2,041	2,040	2,068	2,102	2,111	2,131	2,165	2,216	2,284	2,305	2,339	2,380	2,422	2,535	2,635	2,684	2,774	2,824	2,199
Goodwill
5,177	5,177	5,262	5,196	5,196	5,196	5,307	5,307	5,307	5,307	5,307	5,307	5,307	5,285	5,285	5,285	5,285	5,285	5,285	5,285	5,285	5,285	5,285	5,285	5,174	5,174	5,174	5,174	5,174	5,174	5,174	5,174	5,174	5,174	5,174	5,174	5,174	5,174	5,174	5,174	5,174	5,174	4,998	4,998	77
Other intangible assets, net
12,668	12,687	12,688	12,331	12,327	12,279	12,385	12,405	12,400	12,400	12,196	12,196	12,201	12,036	12,042	12,047	12,023	12,028	12,033	12,039	12,044	12,049	12,054	12,059	12,053	12,058	12,063	12,068	12,073	12,078	12,083	12,088	12,093	12,098	12,102	12,107	12,112	12,118	12,122	12,128	12,132	12,138	12,142	12,149	3,039
Investments in equity securities
23,861	23,581	27,346	32,094	32,015	30,496	17,825	18,178	18,199	17,952	18,213	18,219	17,579	17,852	5,826	5,877	5,743	5,483	5,442	6,117	5,850	6,183	6,640	7,033	6,734	6,455	6,520	6,502	6,749	6,637	6,468	6,486	5,965	5,509	5,539	5,927	5,649	5,367	5,374	5,119	5,177	4,980	4,962	4,780	4,261
Investment in JUUL
-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total consumer products assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	32,189	31,494	34,525	33,174	33,368	32,944	34,083	32,871	32,435	30,528	33,258	31,846	31,015	30,771	21,732
Other assets
980	1,003	1,364	1,480	1,511	1,251	532	422	424	1,285	480	505	520	513	363	398	394	531	417	465	468	483	670	650	591	557	450	451	441	442	419	472	1,235	1,257	1,694	1,774	1,821	1,851	1,837	920	1,102	1,097	1,131	1,138	1,080
Financial services
Finance assets, net
-	-	-	-	-	-	848	856	854	-	901	988	1,019	1,028	1,046	1,155	1,165	1,239	1,295	1,339	1,360	1,614	1,773	1,783	1,874	1,997	2,153	2,345	2,385	2,581	2,805	3,012	3,247	3,559	3,814	3,869	4,483	4,502	4,647	4,691	4,715	4,803	4,836	5,031	5,451
Other assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	44	41	43	18	19	19	18	29	28	26	26	28	29	27	32
Total financial services assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,849	3,053	3,290	3,577	3,833	3,888	4,501	4,531	4,675	4,717	4,741	4,831	4,865	5,058	5,483
Total Assets
52,618	49,271	52,913	57,501	59,233	55,459	43,953	43,177	43,899	43,202	44,160	43,726	46,175	45,932	32,934	31,324	34,063	31,459	31,999	31,869	34,212	34,475	34,082	33,282	35,406	34,859	35,950	34,440	36,006	35,329	35,038	34,547	37,815	36,751	37,201	36,832	38,584	37,402	37,110	35,245	37,999	36,677	35,880	35,829	27,215
Liabilities
Short-term borrowings
3,000	0	0	0	0	12,704	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	200	200	-	-	393	-
Current portion of long-term debt
0	1,000	1,000	2,144	2,144	1,144	2,007	864	864	864	-	-	-	0	0	0	4	4	3	1,003	1,000	1,000	1,300	0	0	525	1,984	1,984	1,984	1,459	0	600	600	600	600	-	-	-	-	0	775	775	775	775	135
Accounts payable
278	325	246	224	205	399	289	209	203	374	270	194	235	425	296	193	208	400	307	290	274	416	332	311	321	409	347	275	259	451	289	335	328	503	326	252	282	529	320	277	311	494	312	293	510
Accrued liabilities:
Marketing
467	393	554	576	490	586	690	699	707	695	759	763	725	747	797	726	687	695	766	674	605	618	567	521	443	512	523	513	468	568	526	581	474	430	400	418	420	447	484	470	460	467	378	465	374
Taxes, except income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	65	218	280	-	94	357	283	231	132	371	364	318	180	686	98
Employment costs
-	-	-	-	-	-	147	108	68	188	152	111	74	289	216	169	137	198	146	104	67	186	141	101	65	255	215	169	126	184	146	110	75	225	178	138	94	232	180	141	92	239	184	150	248
Settlement charges
4,419	3,346	3,094	2,019	4,367	3,454	3,230	2,105	3,458	2,442	3,383	2,223	4,790	3,701	3,429	2,264	4,760	3,590	3,216	2,206	4,551	3,500	3,139	2,044	4,310	3,391	3,047	2,088	4,143	3,616	3,236	2,184	4,538	3,513	3,141	2,137	4,568	3,535	3,226	2,150	4,712	3,635	3,274	2,208	3,984
Other
1,032	1,533	1,195	1,491	1,412	1,403	775	1,078	845	971	834	1,007	876	1,025	964	1,053	1,121	1,073	1,019	961	890	925	857	1,115	970	1,007	1,258	1,156	1,032	1,093	1,191	1,217	1,338	1,320	1,202	1,310	1,102	1,069	1,211	1,209	1,189	1,354	1,358	1,340	1,128
Income taxes
393	12	-	-	-	-	-	-	-	-	-	108	416	-	-	-	590	-	-	-	482	-	-	-	518	-	-	-	600	-	-	-	309	-	192	42	337	-	-	-	204	-	-	-	-
Dividends payable
1,565	1,565	1,573	1,498	1,501	1,503	1,508	1,325	1,330	1,258	1,264	1,176	1,184	1,188	1,193	1,107	1,109	1,110	1,110	1,023	1,026	1,028	1,031	954	957	959	963	885	886	888	895	836	839	841	846	792	798	797	796	733	733	710	709	667	665
Total current liabilities
11,154	8,174	7,662	7,952	10,119	21,193	8,646	6,388	7,475	6,792	6,662	5,582	8,300	7,375	6,895	5,512	8,616	7,070	6,567	6,261	8,895	7,673	7,367	5,046	7,584	7,058	8,337	7,070	9,498	8,259	6,348	6,081	8,781	7,432	6,979	5,446	7,884	6,840	6,349	5,551	9,040	7,992	7,170	6,977	7,142
Long-term debt
26,971	27,042	26,903	27,096	27,024	11,898	11,896	13,036	13,033	13,030	13,890	13,887	13,884	13,881	13,878	12,837	12,846	12,843	12,918	12,917	12,901	13,693	12,693	13,993	13,992	13,992	12,892	12,890	11,894	12,419	13,878	13,089	13,089	13,089	13,088	13,688	12,194	12,194	12,194	11,984	11,185	11,185	11,184	11,184	6,839
Deferred income taxes
5,191	5,083	5,240	5,378	5,353	4,993	5,427	5,376	5,292	5,247	8,234	8,527	8,309	8,416	5,607	5,659	5,606	4,667	5,831	6,011	5,907	6,088	6,829	6,970	6,908	6,854	6,466	6,560	6,657	6,652	5,095	5,074	4,932	4,751	4,839	4,861	4,742	4,618	4,779	4,478	4,468	4,383	4,164	3,971	351
Accrued pension costs
427	473	352	439	497	544	260	323	382	445	611	676	738	805	863	1,426	1,479	1,277	903	945	978	1,012	215	213	213	212	1,243	1,293	1,323	1,735	1,111	1,139	1,154	1,662	969	986	987	1,191	1,143	1,156	1,157	1,157	1,602	1,592	1,393
Accrued postretirement health care costs
1,798	1,797	1,764	1,768	1,764	1,749	1,983	1,989	1,987	1,987	2,185	2,203	2,212	2,217	2,296	2,296	2,314	2,245	2,444	2,451	2,454	2,461	2,150	2,152	2,156	2,155	2,492	2,498	2,501	2,504	2,364	2,367	2,367	2,359	2,430	2,420	2,412	2,402	2,373	2,361	2,347	2,326	2,368	2,352	2,208
Other liabilities
402	345	316	364	357	254	207	230	296	283	372	394	431	427	412	415	417	447	420	475	515	503	502	481	406	435	505	530	528	556	560	606	590	602	727	807	895	949	960	985	1,223	1,248	1,149	1,246	1,208
Total consumer products liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	29,356	28,356	30,913	29,895	29,032	28,208	29,114	28,194	27,798	26,515	29,420	28,291	27,637	27,322	19,141
Financial services
Debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	500	500
Deferred income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,720	1,764	2,514	2,811	3,241	3,351	3,770	3,880	3,992	3,986	4,013	4,180	4,142	4,220	4,644
Other liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	61	119	652	330	473	605	212	101	135	188	269	102	346	410	102
Total financial services liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,781	1,883	3,166	3,141	3,714	3,956	3,982	3,981	4,127	4,174	4,282	4,282	4,488	5,130	5,246
Total liabilities
45,943	42,914	42,237	42,997	45,114	40,631	28,419	27,342	28,465	27,784	31,954	31,269	33,874	33,121	29,951	28,145	31,278	28,549	29,083	29,060	31,650	31,430	29,756	28,855	31,259	30,706	31,935	30,841	32,401	32,125	31,137	30,239	34,079	33,036	32,746	32,164	33,096	32,175	31,925	30,689	33,702	32,573	32,125	32,452	24,387
Contingencies (Note 11)
-	-	-	-	-	-	0	0	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	0	0	-	0	-	-	-	-	-	0	-
Redeemable noncontrolling interest
38	38	39	38	38	39	38	37	37	38	37	36	38	38	36	36	37	37	35	36	34	35	35	34	34	35	34	33	35	34	33	33	32	32	34	33	33	32	33	33	32	32	32	32	0
Stockholders’ Equity
Common stock, par value $0.33 1/3 per share (2,805,961,317 shares issued)
935	935	935	935	935	935	935	935	935	935	935	935	935	935	935	935	935	935	935	935	935	935	935	935	935	935	935	935	935	935	935	935	935	935	935	935	935	935	935	935	935	935	935	935	935
Additional paid-in capital
5,959	5,970	5,960	5,953	5,943	5,961	5,959	5,948	5,938	5,952	5,940	5,928	5,909	5,893	5,864	5,851	5,818	5,813	5,800	5,768	5,754	5,735	5,723	5,692	5,678	5,714	5,701	5,670	5,656	5,688	5,670	5,647	5,633	5,674	5,650	5,627	5,621	5,751	5,760	5,809	5,820	5,997	6,081	6,082	6,350
Earnings reinvested in the business
36,528	36,539	39,910	44,081	43,582	43,962	43,805	43,369	42,816	42,251	38,542	37,939	37,124	36,906	27,816	27,915	27,367	27,257	27,118	26,698	26,271	26,277	26,066	25,698	25,388	25,168	25,636	25,201	24,817	24,316	24,098	24,334	23,720	23,583	23,585	23,256	23,601	23,459	23,334	22,996	22,683	22,599	22,581	22,404	22,131
Accumulated other comprehensive losses
-2,533	-2,864	-2,402	-2,646	-2,717	-2,547	-2,034	-1,652	-1,927	-1,897	-1,946	-1,838	-2,212	-2,052	-3,278	-3,340	-3,327	-3,280	-3,157	-2,878	-2,945	-2,682	-1,454	-1,229	-1,318	-1,378	-2,223	-2,330	-2,068	-2,040	-1,604	-1,674	-1,685	-1,887	-1,461	-1,279	-1,391	-1,484	-1,369	-1,576	-1,491	-1,561	-1,834	-2,015	-2,181
Stockholders Equity Subtotal Before Treasury Stock, Total
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	27,763	27,406	-
Cost of repurchased stock (947,593,259 shares at March 31, 2020 and 947,979,763 shares at December 31, 2019)
34,346	34,358	33,858	33,859	33,664	33,524	33,171	32,804	32,368	31,864	31,305	30,546	29,496	28,912	28,393	28,221	28,048	27,845	27,809	27,744	27,482	27,251	26,976	26,701	26,568	26,320	26,068	25,911	25,771	25,731	25,233	24,969	24,902	24,625	24,290	23,906	23,313	23,469	23,510	23,643	23,684	23,901	24,042	24,063	24,407
Total stockholders’ equity attributable to Altria
6,543	6,222	10,545	14,464	14,079	14,787	15,494	15,796	15,394	15,377	12,166	12,418	12,260	12,770	2,944	3,140	2,745	2,880	2,887	2,779	2,533	3,014	4,294	4,395	4,115	4,119	3,981	3,565	3,569	3,168	3,866	4,273	3,701	3,680	4,419	4,633	5,453	5,192	5,150	4,521	4,263	4,069	3,721	3,343	2,828
Noncontrolling interests
94	97	92	2	2	2	2	2	3	3	3	3	3	3	3	3	3	-7	-6	-6	-5	-4	-3	-2	-2	-1	0	1	1	2	2	2	3	3	2	2	2	3	2	2	2	3	2	2	0
Total stockholders’ equity
6,637	6,319	10,637	14,466	14,081	14,789	15,496	15,798	15,397	15,380	12,169	12,421	12,263	12,773	2,947	3,143	2,748	2,873	2,881	2,773	2,528	3,010	4,291	4,393	4,113	4,118	3,981	3,566	3,570	3,170	3,868	4,275	3,704	3,683	4,421	4,635	5,455	5,195	5,152	4,523	4,265	4,072	3,723	3,345	2,828
Total Liabilities and Stockholders’ Equity
52,618	49,271	52,913	57,501	59,233	55,459	43,953	43,177	43,899	43,202	44,160	43,726	46,175	45,932	32,934	31,324	34,063	31,459	31,999	31,869	34,212	34,475	34,082	33,282	35,406	34,859	35,950	34,440	36,006	35,329	35,038	34,547	37,815	36,751	37,201	36,832	38,584	37,402	37,110	35,245	37,999	36,677	35,880	35,829	27,215