Document and Entity Information
Document and Entity Information - shares | 3 Months Ended | |
Mar. 31, 2017 | Apr. 24, 2017 | |
Document And Entity Information [Abstract] | ||
Document type | 10-Q | |
Amendment Tag | false | |
Document period End Date | Mar. 31, 2017 | |
Document Fiscal Year Focus | 2,017 | |
Document Fiscal Period Focus | Q1 | |
Trading Symbol | mo | |
Entity Registrant Name | ALTRIA GROUP, INC. | |
Entity Central Index Key | 764,180 | |
Current Fiscal Year End Date | --12-31 | |
Entity Filer Category | Large Accelerated Filer | |
Entity Common Stock, Shares Outstanding | 1,931,645,437 |
Condensed Consolidated Balance
Condensed Consolidated Balance Sheets - USD ($) $ in Millions | Mar. 31, 2017 | Dec. 31, 2016 | Mar. 31, 2016 | Dec. 31, 2015 |
Assets | ||||
Cash and cash equivalents | $ 5,228 | $ 4,569 | $ 3,815 | $ 2,369 |
Receivables | 135 | 151 | ||
Inventories: | ||||
Leaf tobacco | 887 | 892 | ||
Other raw materials | 171 | 164 | ||
Work in process | 492 | 512 | ||
Finished product | 572 | 483 | ||
Inventory, net | 2,122 | 2,051 | ||
Other current assets | 141 | 489 | ||
Total current assets | 7,626 | 7,260 | ||
Property, plant and equipment, at cost | 4,856 | 4,835 | ||
Less accumulated depreciation | 2,933 | 2,877 | ||
Property, plant and equipment, net | 1,923 | 1,958 | ||
Goodwill | 5,307 | 5,285 | ||
Other intangible assets, net | 12,201 | 12,036 | ||
Investment in AB InBev | 17,579 | 17,852 | ||
Finance assets, net | 1,019 | 1,028 | ||
Other assets | 520 | 513 | ||
Total Assets | 46,175 | 45,932 | ||
Liabilities | ||||
Accounts payable | 235 | 425 | ||
Accrued liabilities: | ||||
Marketing | 725 | 747 | ||
Employment costs | 74 | 289 | ||
Settlement charges | 4,790 | 3,701 | ||
Other | 876 | 1,025 | ||
Income taxes | 416 | 0 | ||
Dividends payable | 1,184 | 1,188 | ||
Total current liabilities | 8,300 | 7,375 | ||
Long-term debt | 13,884 | 13,881 | ||
Deferred income taxes | 8,309 | 8,416 | ||
Accrued pension costs | 738 | 805 | ||
Accrued postretirement health care costs | 2,212 | 2,217 | ||
Other liabilities | 431 | 427 | ||
Total liabilities | 33,874 | 33,121 | ||
Contingencies (Note 9) | ||||
Redeemable noncontrolling interest | 38 | 38 | ||
Stockholders’ Equity | ||||
Common stock, par value $0.33 1/3 per share (2,805,961,317 shares issued) | 935 | 935 | ||
Additional paid-in capital | 5,909 | 5,893 | ||
Earnings reinvested in the business | 37,124 | 36,906 | ||
Accumulated other comprehensive losses | (2,212) | (2,052) | ||
Cost of repurchased stock (870,815,880 shares at March 31, 2017 and 862,689,093 shares at December 31, 2016) | (29,496) | (28,912) | ||
Total stockholders’ equity attributable to Altria Group, Inc. | 12,260 | 12,770 | ||
Noncontrolling interests | 3 | 3 | ||
Total stockholders’ equity | 12,263 | 12,773 | $ 2,873 | |
Total Liabilities and Stockholders’ Equity | $ 46,175 | $ 45,932 |
Condensed Consolidated Balance3
Condensed Consolidated Balance Sheets (Parenthetical) - $ / shares | Mar. 31, 2017 | Dec. 31, 2016 |
Statement of Financial Position [Abstract] | ||
Common stock, par value (usd per share) | $ 0.3333 | $ 0.3333 |
Common stock, shares issued (shares) | 2,805,961,317 | 2,805,961,317 |
Shares repurchased (shares) | 870,815,880 | 862,689,093 |
Condensed Consolidated Statemen
Condensed Consolidated Statements of Earnings - USD ($) $ in Millions | 3 Months Ended | |
Mar. 31, 2017 | Mar. 31, 2016 | |
Income Statement [Abstract] | ||
Net revenues | $ 6,083 | $ 6,066 |
Cost of sales | 1,810 | 1,874 |
Excise taxes on products | 1,494 | 1,536 |
Gross profit | 2,779 | 2,656 |
Marketing, administration and research costs | 528 | 559 |
Asset impairment and exit costs | 4 | 120 |
Operating (expense) income | 2,247 | 1,977 |
Interest and other debt expense, net | 179 | 200 |
Earnings from equity investment | (23) | (66) |
Gain on AB InBev/SABMiller business combination | 0 | (40) |
(Loss) earnings before income taxes and equity earnings of subsidiaries | 2,091 | 1,883 |
Provision for income taxes | 689 | 665 |
Net earnings | 1,402 | 1,218 |
Net earnings attributable to noncontrolling interests | (1) | (1) |
Net earnings attributable to Altria Group, Inc. | $ 1,401 | $ 1,217 |
Per share data: | ||
Basic and diluted earnings per share attributable to Altria Group, Inc. (usd per share) | $ 0.72 | $ 0.62 |
Dividends declared (usd per share) | $ 0.61 | $ 0.565 |
Condensed Consolidated Stateme5
Condensed Consolidated Statements of Comprehensive Earnings - USD ($) $ in Millions | 3 Months Ended | |
Mar. 31, 2017 | Mar. 31, 2016 | |
Statement of Comprehensive Income [Abstract] | ||
Net earnings | $ 1,402 | $ 1,218 |
Other comprehensive earnings (losses), net of deferred income taxes: | ||
Currency translation adjustments | 0 | 1 |
Benefit plans | 32 | (174) |
AB InBev/SABMiller | (192) | 126 |
Other comprehensive (losses) earnings, net of deferred income taxes | (160) | (47) |
Comprehensive earnings | 1,242 | 1,171 |
Comprehensive earnings attributable to noncontrolling interests | (1) | (1) |
Comprehensive earnings attributable to Altria Group, Inc. | $ 1,241 | $ 1,170 |
Condensed Consolidated Stateme6
Condensed Consolidated Statements of Stockholders' Equity - USD ($) $ in Millions | Total | Common Stock [Member] | Additional Paid-in Capital [Member] | Earnings Reinvested in the Business [Member] | Accumulated Other Comprehensive Losses [Member] | Cost of Repurchased Stock [Member] | Non-controlling Interests [Member] | |
Beginning balance at Dec. 31, 2015 | $ 2,873 | $ 935 | $ 5,813 | $ 27,257 | $ (3,280) | $ (27,845) | $ (7) | |
Increase (Decrease) in Stockholders' Equity [Roll Forward] | ||||||||
Net earnings (losses) | [1] | 14,239 | 14,239 | 0 | ||||
Other comprehensive earnings (losses), net of deferred income taxes | 1,228 | 1,228 | ||||||
Stock award activity | 53 | 90 | (37) | |||||
Cash dividends declared | (4,590) | (4,590) | ||||||
Repurchases of common stock | (1,030) | (1,030) | ||||||
Stockholders' Equity, Other | 0 | (10) | 10 | |||||
Ending balance at Dec. 31, 2016 | 12,773 | 935 | 5,893 | 36,906 | (2,052) | (28,912) | 3 | |
Increase (Decrease) in Stockholders' Equity [Roll Forward] | ||||||||
Net earnings (losses) | [1] | 1,401 | 1,401 | |||||
Other comprehensive earnings (losses), net of deferred income taxes | (160) | (160) | ||||||
Stock award activity | (17) | 16 | (33) | |||||
Cash dividends declared | (1,183) | (1,183) | ||||||
Repurchases of common stock | (551) | (551) | ||||||
Ending balance at Mar. 31, 2017 | $ 12,263 | $ 935 | $ 5,909 | $ 37,124 | $ (2,212) | $ (29,496) | $ 3 | |
[1] | Amounts attributable to noncontrolling interests for the three months ended March 31, 2017 and for the year ended December 31, 2016 exclude net earnings of $1 million and $5 million, respectively, due to the redeemable noncontrolling interest related to Stag’s Leap Wine Cellars, which is reported in the mezzanine equity section in the condensed consolidated balance sheets at March 31, 2017 and December 31, 2016. |
Condensed Consolidated Stateme7
Condensed Consolidated Statements of Stockholders' Equity (Parenthetical) - USD ($) $ in Millions | 3 Months Ended | 12 Months Ended |
Mar. 31, 2017 | Dec. 31, 2016 | |
Statement of Stockholders' Equity [Abstract] | ||
Net earnings attributable to noncontrolling interests | $ 1 | $ 5 |
Dividends declared (usd per share) | $ 0.61 | $ 2.35 |
Condensed Consolidated Stateme8
Condensed Consolidated Statements of Cash Flows - USD ($) $ in Millions | 3 Months Ended | |
Mar. 31, 2017 | Mar. 31, 2016 | |
Cash Provided by (Used in) Operating Activities | ||
Net earnings | $ 1,402 | $ 1,218 |
Adjustments to reconcile net earnings to operating cash flows: | ||
Depreciation and amortization | 52 | 49 |
Deferred income tax benefit | (23) | (32) |
Earnings from equity investment | (23) | (66) |
Gain on AB InBev/SABMiller business combination | 0 | (40) |
Asset impairment and exit costs, net of cash paid | (16) | 118 |
Cash effects of changes: | ||
Receivables | 18 | 20 |
Inventories | (68) | (79) |
Accounts payable | (189) | (188) |
Income taxes | 719 | 645 |
Accrued liabilities and other current assets | (289) | (115) |
Accrued settlement charges | 1,089 | 1,170 |
Pension plan contributions | (8) | (3) |
Pension provisions and postretirement, net | (15) | (18) |
Other | 16 | 39 |
Net cash provided by operating activities | 2,665 | 2,718 |
Cash Provided by (Used in) Investing Activities | ||
Capital expenditures | (33) | (26) |
Proceeds from finance assets | 2 | 56 |
Other | (199) | 4 |
Net cash (used in) provided by investing activities | (230) | 34 |
Cash Provided by (Used in) Financing Activities | ||
Repurchases of common stock | (551) | (168) |
Dividends paid on common stock | (1,187) | (1,108) |
Other | (38) | (30) |
Net cash (used in) provided by financing activities | (1,776) | (1,306) |
Cash and cash equivalents: | ||
Increase (decrease) | 659 | 1,446 |
Balance at beginning of period | 4,569 | 2,369 |
Balance at end of period | $ 5,228 | $ 3,815 |
Background and Basis of Present
Background and Basis of Presentation | 3 Months Ended |
Mar. 31, 2017 | |
Organization, Consolidation and Presentation of Financial Statements [Abstract] | |
Background and Basis of Presentation | Background and Basis of Presentation: Background At March 31, 2017 , Altria Group, Inc.’s wholly-owned subsidiaries included Philip Morris USA Inc. (“PM USA”), which is engaged in the manufacture and sale of cigarettes in the United States; John Middleton Co. (“Middleton”), which is engaged in the manufacture and sale of machine-made large cigars and pipe tobacco and is a wholly-owned subsidiary of PM USA; Sherman Group Holdings, LLC and its subsidiaries (“Nat Sherman”), which are engaged in the manufacture and sale of super premium cigarettes and the sale of premium cigars; and UST LLC (“UST”), which through its wholly-owned subsidiaries, including U.S. Smokeless Tobacco Company LLC (“USSTC”) and Ste. Michelle Wine Estates Ltd. (“Ste. Michelle”), is engaged in the manufacture and sale of smokeless tobacco products and wine. Altria Group, Inc.’s other operating companies included Nu Mark LLC (“Nu Mark”), a wholly-owned subsidiary that is engaged in the manufacture and sale of innovative tobacco products, and Philip Morris Capital Corporation (“PMCC”), a wholly-owned subsidiary that maintains a portfolio of finance assets, substantially all of which are leveraged leases. Other Altria Group, Inc. wholly-owned subsidiaries included Altria Group Distribution Company, which provides sales, distribution and consumer engagement services to certain Altria Group, Inc. operating subsidiaries, and Altria Client Services LLC, which provides various support services in areas, such as legal, regulatory, finance, human resources and external affairs, to Altria Group, Inc. and its subsidiaries. Altria Group, Inc.’s access to the operating cash flows of its wholly-owned subsidiaries consists of cash received from the payment of dividends and distributions, and the payment of interest on intercompany loans by its subsidiaries. At March 31, 2017 , Altria Group, Inc.’s principal wholly-owned subsidiaries were not limited by long-term debt or other agreements in their ability to pay cash dividends or make other distributions with respect to their equity interests. At September 30, 2016, Altria Group, Inc. had an approximate 27% ownership of SABMiller plc (“SABMiller”), which Altria Group, Inc. accounted for under the equity method of accounting. In October 2016, Anheuser-Busch InBev SA/NV completed its business combination with SABMiller, and Altria Group, Inc. received cash and shares representing a 9.6% ownership in the combined company. The newly formed Belgian company, which retained the name Anheuser-Busch InBev SA/NV (“AB InBev”), became the holding company for the combined businesses. Subsequently, Altria Group, Inc. purchased approximately 12 million ordinary shares of AB InBev, increasing Altria Group, Inc.’s ownership to approximately 10.2% at December 31, 2016. At March 31, 2017 , Altria Group, Inc. had an approximate 10.2% ownership of AB InBev, which Altria Group, Inc. accounts for under the equity method of accounting using a one-quarter lag. For the three months ended March 31, 2016, Altria Group, Inc. recorded a pre-tax gain of $40 million for the change in the fair value of the derivative financial instrument that it entered into in connection with the AB InBev/SABMiller business combination. The pre-tax gain was included in gain on AB InBev/SABMiller business combination in Altria Group, Inc.’s condensed consolidated statement of earnings. Altria Group, Inc. receives cash dividends on its interest in AB InBev if and when AB InBev pays such dividends. Share Repurchases In July 2015, Altria Group, Inc.’s Board of Directors (the “Board of Directors”) authorized a $1.0 billion share repurchase program that it expanded to $3.0 billion in October 2016 (as expanded, the “July 2015 share repurchase program”). At March 31, 2017 , Altria Group, Inc. had approximately $1,384 million remaining in the July 2015 share repurchase program. The timing of share repurchases under this program depends upon marketplace conditions and other factors, and the program remains subject to the discretion of the Board of Directors. Altria Group, Inc.’s share repurchase activity was as follows: For the Three Months Ended March 31, 2017 2016 (in millions, except per share data) Total number of shares repurchased 7.7 2.8 Aggregate cost of shares repurchased $ 551 $ 168 Average price per share of shares repurchased $ 71.77 $ 59.81 Basis of Presentation The interim condensed consolidated financial statements of Altria Group, Inc. are unaudited. It is the opinion of Altria Group, Inc.’s management that all adjustments necessary for a fair statement of the interim results presented have been reflected in the interim condensed consolidated financial statements. All such adjustments were of a normal recurring nature. Net revenues and net earnings for any interim period are not necessarily indicative of results that may be expected for the entire year. These statements should be read in conjunction with the consolidated financial statements and related notes, which appear in Altria Group, Inc.’s Annual Report on Form 10-K for the year ended December 31, 2016 . On January 1, 2017, Altria Group, Inc. adopted Accounting Standards Update (“ASU”) No. 2016-09, Compensation - Stock Compensation ( Topic 718 ): Improvements to Employee Share-Based Payment Accounting (“ASU No. 2016-09”) and ASU No. 2015-11, Inventory (Topic 330) : Simplifying the Measurement of Inventory (“ASU No. 2015-11”). ASU No. 2016-09 simplifies several aspects of the accounting for share-based payment transactions, including the income tax consequences, classification of awards as either equity or liabilities, and classification on the statement of cash flows. The adoption of ASU No. 2016-09 did not have a material impact on Altria Group, Inc.’s condensed consolidated financial statements. The portions of the guidance that have an impact on Altria Group, Inc.’s condensed consolidated financial statements have been adopted prospectively, with the exception of the classification of employee taxes paid by Altria Group, Inc. on the condensed consolidated statements of cash flows related to shares withheld by Altria Group, Inc. for tax withholding purposes, which has been adopted retrospectively. Altria Group, Inc. has made an accounting policy election to continue to estimate the number of share-based awards that are expected to vest, which includes estimating forfeitures. Certain prior-year amounts in the condensed consolidated statement of cash flows have been reclassified to conform with the current year’s presentation due to Altria Group, Inc.’s adoption of ASU No. 2016-09. ASU No. 2015-11 requires inventory that is measured using the first-in, first-out (“FIFO”) or average cost methods to be measured at the lower of cost and net realizable value. Previous guidance required inventory that was measured using the FIFO or average cost methods to be measured at the lower of cost or market. The adoption of this guidance did not have a material impact on Altria Group, Inc.’s condensed consolidated financial statements. For a description of recently issued accounting guidance applicable to, but not yet adopted by, Altria Group, Inc., see Note 11 . Recent Accounting Guidance Not Yet Adopted . |
Asset Impairment, Exit and Impl
Asset Impairment, Exit and Implementation Costs | 3 Months Ended |
Mar. 31, 2017 | |
Restructuring and Related Activities [Abstract] | |
Asset Impairment, Exit and Implementation Costs | Asset Impairment, Exit and Implementation Costs: Pre-tax asset impairment, exit and implementation costs consisted of the following: For the Three Months Ended March 31, 2017 For the Three Months Ended March 31, 2016 Asset Impairment and Exit Costs Implementation Costs Total Asset Impairment and Exit Costs (1) Implementation Costs Total (in millions) Smokeable products $ 1 $ 5 $ 6 $ 97 $ 2 $ 99 Smokeless products 3 18 21 13 — 13 All other — — — 5 — 5 General corporate — — — 5 — 5 Total $ 4 $ 23 $ 27 $ 120 $ 2 $ 122 (1) Includes termination and curtailment costs of $20 million . See Note 3 . Benefit Plans . The movement in the restructuring liabilities (excluding termination and curtailment costs), substantially all of which are severance liabilities, was as follows: For the Three Months Ended March 31, 2017 (in millions) Balances at December 31, 2016 $ 79 Charges 4 Cash spent (20 ) Balances at March 31, 2017 $ 63 The pre-tax asset impairment, exit and implementation costs shown above for 2017 and 2016 related to the facilities consolidation and productivity initiative, respectively, are discussed below. Facilities Consolidation In October 2016, Altria Group, Inc. announced the consolidation of certain of its operating companies’ manufacturing facilities to streamline operations and achieve greater efficiencies. Middleton will transfer its Limerick, Pennsylvania operations to the Manufacturing Center site in Richmond, Virginia (“Richmond Manufacturing Center”). USSTC will transfer its Franklin Park, Illinois operations to its Nashville, Tennessee facility and the Richmond Manufacturing Center. Separation benefits will be paid to non-relocating employees. The consolidation is expected to be completed by the first quarter of 2018. As a result of the consolidation, Altria Group, Inc. expects to record total pre-tax charges of approximately $150 million , or $0.05 per share. Of this amount, during 2016, Altria Group, Inc. incurred pre-tax charges of $71 million , or approximately $0.03 per share, and expects to record approximately $70 million in 2017 and the remainder in 2018. The total estimated charges relate primarily to accelerated depreciation ( $55 million ), employee separation costs ( $45 million ) and other exit and implementation costs ( $50 million ). Approximately $90 million of the total pre-tax charges are expected to result in cash expenditures. For the three months ended March 31, 2017, Altria Group, Inc. incurred pre-tax asset impairment, exit and implementation costs of $27 million . The pre-tax implementation costs were included in cost of sales in Altria Group, Inc.’s condensed consolidated statement of earnings. Total pre-tax charges incurred since the inception of the consolidation through March 31, 2017 were $98 million . Cash payments related to the consolidation of $11 million were made during the three months ended March 31, 2017, for total cash payments of $16 million since inception. Productivity Initiative In January 2016, Altria Group, Inc. announced a productivity initiative designed to maintain its operating companies’ leadership and cost competitiveness. The initiative reduces spending on certain selling, general and administrative infrastructure and implements a leaner organizational structure. As a result of the initiative, for the three months ended March 31, 2016, Altria Group, Inc. incurred pre-tax asset impairment, exit and implementation costs of $122 million . At December 31, 2016, total pre-tax charges related to this initiative were substantially completed. Cash payments related to the initiative of $15 million were made during the three months ended March 31, 2017, for total cash payments of $89 million since inception. |
Benefit Plans
Benefit Plans | 3 Months Ended |
Mar. 31, 2017 | |
Compensation and Retirement Disclosure [Abstract] | |
Benefit Plans | Benefit Plans: Components of Net Periodic Benefit (Income) Cost Net periodic benefit (income) cost consisted of the following: For the Three Months Ended March 31, Pension Postretirement 2017 2016 2017 2016 (in millions) Service cost $ 19 $ 18 $ 4 $ 4 Interest cost 72 71 20 21 Expected return on plan assets (150 ) (138 ) — — Amortization: Net loss 50 44 8 7 Prior service cost (credit) 1 1 (9 ) (10 ) Termination and curtailment — 20 — — Net periodic benefit (income) cost $ (8 ) $ 16 $ 23 $ 22 Termination and curtailment costs shown in the table above relate to the productivity initiative discussed in Note 2 . Asset Impairment, Exit and Implementation Costs . Employer Contributions Altria Group, Inc. makes contributions to the pension plans to the extent that the contributions are tax deductible and pays benefits that relate to plans for salaried employees that cannot be funded under Internal Revenue Service regulations. Employer contributions of $8 million were made to Altria Group, Inc.’s pension plans during the three months ended March 31, 2017 . Currently, Altria Group, Inc. anticipates making additional employer contributions to its pension plans during the remainder of 2017 of approximately $20 million to $ 40 million , based on current tax law. However, this estimate is subject to change as a result of changes in tax and other benefit laws, as well as asset performance significantly above or below the assumed long-term rate of return on pension assets, or changes in interest rates. |
Earnings Per Share
Earnings Per Share | 3 Months Ended |
Mar. 31, 2017 | |
Earnings Per Share [Abstract] | |
Earnings Per Share | Earnings Per Share: Basic and diluted earnings per share (“EPS”) were calculated using the following: For the Three Months Ended March 31, 2017 2016 (in millions) Net earnings attributable to Altria Group, Inc. $ 1,401 $ 1,217 Less: Distributed and undistributed earnings attributable to unvested restricted shares and restricted stock units (2 ) (2 ) Earnings for basic and diluted EPS $ 1,399 $ 1,215 Weighted-average shares for basic and diluted EPS 1,939 1,956 |
Other Comprehensive Earnings_Lo
Other Comprehensive Earnings/Losses | 3 Months Ended |
Mar. 31, 2017 | |
Equity [Abstract] | |
Other Comprehensive Earnings/Losses | Other Comprehensive Earnings/Losses: The following tables set forth the changes in each component of accumulated other comprehensive losses, net of deferred income taxes, attributable to Altria Group, Inc.: For the Three Months Ended March 31, 2017 Currency Translation Adjustments Benefit Plans AB InBev Accumulated Other Comprehensive Losses (in millions) Balances, December 31, 2016 $ (4 ) $ (2,048 ) $ — $ (2,052 ) Other comprehensive losses before reclassifications — — (296 ) (296 ) Deferred income taxes — — 104 104 Other comprehensive losses before reclassifications, net of deferred income taxes — — (192 ) (192 ) Amounts reclassified to net earnings — 54 — 54 Deferred income taxes — (22 ) — (22 ) Amounts reclassified to net earnings, net of deferred income taxes — 32 — 32 Other comprehensive earnings (losses), net of deferred income taxes — 32 (192 ) (1) (160 ) Balances, March 31, 2017 $ (4 ) $ (2,016 ) $ (192 ) $ (2,212 ) For the Three Months Ended March 31, 2016 Currency Translation Adjustments Benefit Plans SABMiller Accumulated Other Comprehensive Losses (in millions) Balances, December 31, 2015 $ (5 ) $ (2,010 ) $ (1,265 ) $ (3,280 ) Other comprehensive earnings (losses) before reclassifications 1 (318 ) 182 (135 ) Deferred income taxes — 122 (64 ) 58 Other comprehensive earnings (losses) before reclassifications, net of deferred income taxes 1 (196 ) 118 (77 ) Amounts reclassified to net earnings — 36 12 48 Deferred income taxes — (14 ) (4 ) (18 ) Amounts reclassified to net earnings, net of deferred income taxes — 22 8 30 Other comprehensive earnings (losses), net of deferred income taxes 1 (174 ) 126 (1) (47 ) Balances, March 31, 2016 $ (4 ) $ (2,184 ) $ (1,139 ) $ (3,327 ) (1) For the three months ended March 31, 2017 and 2016 , other comprehensive earnings/losses related to Altria Group, Inc.’s investment in AB InBev and SABMiller, respectively, consisted primarily of currency translation adjustments. The following table sets forth pre-tax amounts by component, reclassified from accumulated other comprehensive losses to net earnings: For the Three Months Ended March 31, 2017 2016 (in millions) Benefit Plans: (1) Net loss $ 62 $ 55 Prior service cost/credit (8 ) (19 ) 54 36 AB InBev/SABMiller (2) — 12 Pre-tax amounts reclassified from accumulated other comprehensive losses to net earnings $ 54 $ 48 (1) Amounts are included in net defined benefit plan costs. For further details, see Note 3 . Benefit Plans. (2) Amounts are included in earnings from equity investment in AB InBev/SABMiller. |
Segment Reporting
Segment Reporting | 3 Months Ended |
Mar. 31, 2017 | |
Segment Reporting [Abstract] | |
Segment Reporting | Segment Reporting: The products of Altria Group, Inc.’s subsidiaries include smokeable tobacco products, consisting of cigarettes manufactured and sold by PM USA and Nat Sherman, machine-made large cigars and pipe tobacco manufactured and sold by Middleton and premium cigars sold by Nat Sherman; smokeless tobacco products manufactured and sold by USSTC; and wine produced and/or distributed by Ste. Michelle. The products and services of these subsidiaries constitute Altria Group, Inc.’s reportable segments of smokeable products, smokeless products and wine. The financial services and the innovative tobacco products businesses are included in all other. Altria Group, Inc.’s chief operating decision maker (the “CODM”) reviews operating companies income to evaluate the performance of, and allocate resources to, the segments. Operating companies income for the segments is defined as operating income before general corporate expenses and amortization of intangibles. Interest and other debt expense, net, and provision for income taxes are centrally managed at the corporate level and, accordingly, such items are not presented by segment since they are excluded from the measure of segment profitability reviewed by the CODM. Segment data were as follows: For the Three Months Ended March 31, 2017 2016 (in millions) Net revenues: Smokeable products $ 5,458 $ 5,422 Smokeless products 466 479 Wine 140 145 All other 19 20 Net revenues $ 6,083 $ 6,066 Earnings before income taxes: Operating companies income (loss): Smokeable products $ 2,041 $ 1,751 Smokeless products 249 280 Wine 21 28 All other (13 ) (21 ) Amortization of intangibles (5 ) (5 ) General corporate expenses (46 ) (51 ) Corporate asset impairment and exit costs — (5 ) Operating income 2,247 1,977 Interest and other debt expense, net (179 ) (200 ) Earnings from equity investment in AB InBev/SABMiller 23 66 Gain on AB InBev/SABMiller business combination — 40 Earnings before income taxes $ 2,091 $ 1,883 The comparability of operating companies income for the reportable segments was affected by the following: Non-Participating Manufacturer (“NPM”) Adjustment Items - Pre-tax (income) expense for NPM adjustment items was recorded in Altria Group, Inc.’s condensed consolidated statements of earnings as follows: For the Three Months Ended March 31, 2017 2016 (in millions) Smokeable products segment $ (8 ) $ 12 Interest and other debt expense, net 7 6 Total $ (1 ) $ 18 NPM adjustment items result from the settlement of, and determinations made in connection with, disputes with certain states and territories related to the NPM adjustment provision under the 1998 Master Settlement Agreement (such settlements and determinations are referred to collectively as “NPM Adjustment Items” and are more fully described in Health Care Cost Recovery Litigation - NPM Adjustment Disputes in Note 9 . Contingencies ) . The amounts shown in the table above for the smokeable products segment were recorded by PM USA as (reductions) increases to cost of sales, which (increased) decreased operating companies income in the smokeable products segment. Tobacco and Health Litigation Items - Pre-tax charges related to certain tobacco and health litigation items were recorded in Altria Group, Inc.’s condensed consolidated statements of earnings as follows: For the Three Months Ended March 31, 2017 2016 (in millions) Smokeable products segment $ 1 $ 26 Interest and other debt expense, net — 12 Total $ 1 $ 38 During the first quarter of 2016, PM USA recorded pre-tax charges, primarily related to the Aspinall case, of $26 million in marketing, administration and research costs and $12 million in interest costs. For further discussion, see “Lights/Ultra Lights” Cases - State Trial Court Class Certification Settlements in Note 9 . Contingencies . Smokeless Products Recall - During the first quarter of 2017, USSTC voluntarily recalled certain smokeless tobacco products manufactured at its Franklin Park, Illinois facility due to a product tampering incident (the “Recall”). USSTC estimates that the Recall-related costs and the share impact from the Recall reduced smokeless products segment operating companies income by approximately $60 million in the first quarter of 2017. Asset Impairment, Exit and Implementation Costs - See Note 2 . Asset Impairment, Exit and Implementation Costs for a breakdown of these costs by segment. |
Debt
Debt | 3 Months Ended |
Mar. 31, 2017 | |
Debt Disclosure [Abstract] | |
Debt | Debt: At March 31, 2017 and December 31, 2016 , Altria Group, Inc. had no short-term borrowings. Long-term Debt Altria Group, Inc.’s estimate of the fair value of its debt is based on observable market information derived from a third-party pricing source and is classified in Level 2 of the fair value hierarchy. The aggregate fair value of Altria Group, Inc.’s total long-term debt at March 31, 2017 and December 31, 2016 , was $15.0 billion and $15.1 billion , respectively, as compared with its carrying value of $13.9 billion for each period. |
Income Taxes
Income Taxes | 3 Months Ended |
Mar. 31, 2017 | |
Income Tax Disclosure [Abstract] | |
Income Taxes | Income Taxes: The income tax rate of 33.0% for the three months ended March 31, 2017 decreased 2.3 percentage points from the three months ended March 31, 2016. The decrease was due primarily to the following: ▪ tax benefits of $42 million in the first quarter of 2017 related to prior audit years; and ▪ excess tax benefits of $16 million for share-based awards that vested during the first quarter of 2017. Altria Group, Inc. is subject to income taxation in many jurisdictions. Uncertain tax positions reflect the difference between tax positions taken or expected to be taken on income tax returns and the amounts recognized in the financial statements. Resolution of the related tax positions with the relevant tax authorities may take many years to complete, and such timing is not entirely within the control of Altria Group, Inc. At March 31, 2017 , Altria Group, Inc.’s total unrecognized tax benefits were $138 million . The amount of unrecognized tax benefits that, if recognized, would impact the effective tax rate at March 31, 2017 was $36 million , along with $102 million affecting deferred taxes. It is reasonably possible that within the next 12 months certain examinations will be resolved, which could result in a decrease in unrecognized tax benefits of approximately $77 million . At December 31, 2016, Altria Group, Inc.’s total unrecognized tax benefits were $169 million . The amount of unrecognized tax benefits that, if recognized, would impact the effective tax rate at December 31, 2016 was $67 million , along with $102 million affecting deferred taxes. At March 31, 2017 and December 31, 2016, a valuation allowance of $240 million was included in Altria Group, Inc.’s net deferred income tax liabilities for tax credit carryforwards that more-likely-than-not will not be realized. Altria Group, Inc. may be required to change the valuation allowance with respect to foreign tax credit carryforwards, based upon additional information to be received from AB InBev in 2017. |
Contingencies
Contingencies | 3 Months Ended |
Mar. 31, 2017 | |
Commitments and Contingencies Disclosure [Abstract] | |
Contingencies | Contingencies: Legal proceedings covering a wide range of matters are pending or threatened in various United States and foreign jurisdictions against Altria Group, Inc. and its subsidiaries, including PM USA and UST and its subsidiaries, as well as their respective indemnitees. Various types of claims may be raised in these proceedings, including product liability, consumer protection, antitrust, tax, contraband shipments, patent infringement, employment matters, claims for contribution and claims of competitors or distributors. Litigation is subject to uncertainty and it is possible that there could be adverse developments in pending or future cases. An unfavorable outcome or settlement of pending tobacco-related or other litigation could encourage the commencement of additional litigation. Damages claimed in some tobacco-related and other litigation are or can be significant and, in certain cases, have ranged in the billions of dollars. The variability in pleadings in multiple jurisdictions, together with the actual experience of management in litigating claims, demonstrate that the monetary relief that may be specified in a lawsuit bears little relevance to the ultimate outcome. In certain cases, plaintiffs claim that defendants’ liability is joint and several. In such cases, Altria Group, Inc. or its subsidiaries may face the risk that one or more co-defendants decline or otherwise fail to participate in the bonding required for an appeal or to pay their proportionate or jury-allocated share of a judgment. As a result, Altria Group, Inc. or its subsidiaries under certain circumstances may have to pay more than their proportionate share of any bonding- or judgment-related amounts. Furthermore, in those cases where plaintiffs are successful, Altria Group, Inc. or its subsidiaries may also be required to pay interest and attorneys’ fees. Although PM USA has historically been able to obtain required bonds or relief from bonding requirements in order to prevent plaintiffs from seeking to collect judgments while adverse verdicts have been appealed, there remains a risk that such relief may not be obtainable in all cases. This risk has been substantially reduced given that 47 states and Puerto Rico limit the dollar amount of bonds or require no bond at all. As discussed below, however, tobacco litigation plaintiffs have challenged the constitutionality of Florida’s bond cap statute in several cases and plaintiffs may challenge state bond cap statutes in other jurisdictions as well. Such challenges may include the applicability of state bond caps in federal court. States, including Florida, may also seek to repeal or alter bond cap statutes through legislation. Although Altria Group, Inc. cannot predict the outcome of such challenges, it is possible that the consolidated results of operations, cash flows or financial position of Altria Group, Inc., or one or more of its subsidiaries, could be materially affected in a particular fiscal quarter or fiscal year by an unfavorable outcome of one or more such challenges. Altria Group, Inc. and its subsidiaries record provisions in the condensed consolidated financial statements for pending litigation when they determine that an unfavorable outcome is probable and the amount of the loss can be reasonably estimated. At the present time, while it is reasonably possible that an unfavorable outcome in a case may occur, except to the extent discussed elsewhere in this Note 9 . Contingencies : (i) management has concluded that it is not probable that a loss has been incurred in any of the pending tobacco-related cases; (ii) management is unable to estimate the possible loss or range of loss that could result from an unfavorable outcome in any of the pending tobacco-related cases; and (iii) accordingly, management has not provided any amounts in the condensed consolidated financial statements for unfavorable outcomes, if any. Litigation defense costs are expensed as incurred. Altria Group, Inc. and its subsidiaries have achieved substantial success in managing litigation. Nevertheless, litigation is subject to uncertainty and significant challenges remain. It is possible that the consolidated results of operations, cash flows or financial position of Altria Group, Inc., or one or more of its subsidiaries, could be materially affected in a particular fiscal quarter or fiscal year by an unfavorable outcome or settlement of certain pending litigation. Altria Group, Inc. and each of its subsidiaries named as a defendant believe, and each has been so advised by counsel handling the respective cases, that it has valid defenses to the litigation pending against it, as well as valid bases for appeal of adverse verdicts. Each of the companies has defended, and will continue to defend, vigorously against litigation challenges. However, Altria Group, Inc. and its subsidiaries may enter into settlement discussions in particular cases if they believe it is in the best interests of Altria Group, Inc. to do so. Overview of Altria Group, Inc. and/or PM USA Tobacco-Related Litigation Types and Number of Cases Claims related to tobacco products generally fall within the following categories: (i) smoking and health cases alleging personal injury brought on behalf of individual plaintiffs; (ii) smoking and health cases primarily alleging personal injury or seeking court-supervised programs for ongoing medical monitoring and purporting to be brought on behalf of a class of individual plaintiffs, including cases in which the aggregated claims of a number of individual plaintiffs are to be tried in a single proceeding; (iii) health care cost recovery cases brought by governmental (both domestic and foreign) plaintiffs seeking reimbursement for health care expenditures allegedly caused by cigarette smoking and/or disgorgement of profits; (iv) class action suits alleging that the uses of the terms “Lights” and “Ultra Lights” constitute deceptive and unfair trade practices, common law or statutory fraud, unjust enrichment, breach of warranty or violations of the Racketeer Influenced and Corrupt Organizations Act (“RICO”); and (v) other tobacco-related litigation described below. Plaintiffs’ theories of recovery and the defenses raised in pending smoking and health, health care cost recovery and “Lights/Ultra Lights” cases are discussed below. The table below lists the number of certain tobacco-related cases pending in the United States against PM USA (1) and, in some instances, Altria Group, Inc. as of April 27, 2017, April 25, 2016 and April 20, 2015: April 27, 2017 April 25, 2016 April 20, 2015 Individual Smoking and Health Cases (2) 80 62 64 Smoking and Health Class Actions and Aggregated Claims Litigation (3) 5 5 5 Health Care Cost Recovery Actions (4) 1 1 1 “Lights/Ultra Lights” Class Actions 5 11 12 (1) Does not include 27 cases filed on the asbestos docket in the Circuit Court for Baltimore City, Maryland, which seek to join PM USA and other cigarette-manufacturing defendants in complaints previously filed against asbestos companies. (2) Does not include 2,485 cases brought by flight attendants seeking compensatory damages for personal injuries allegedly caused by exposure to environmental tobacco smoke (“ETS”). The flight attendants allege that they are members of an ETS smoking and health class action in Florida, which was settled in 1997 ( Broin ). The terms of the court-approved settlement in that case allowed class members to file individual lawsuits seeking compensatory damages, but prohibited them from seeking punitive damages. Also, does not include individual smoking and health cases brought by or on behalf of plaintiffs in Florida state and federal courts following the decertification of the Engle case (discussed below in Smoking and Health Litigation - Engle Class Action ). (3) Includes as one case the 600 civil actions (of which 344 were actions against PM USA) that were to be tried in a single proceeding in West Virginia ( In re: Tobacco Litigation ). The West Virginia Supreme Court of Appeals ruled that the United States Constitution did not preclude a trial in two phases in this case. Issues related to defendants’ conduct and whether punitive damages are permissible were tried in the first phase. Trial in the first phase of this case began in April 2013. In May 2013, the jury returned a verdict in favor of defendants on the claims for design defect, negligence, failure to warn, breach of warranty, and concealment and declined to find that the defendants’ conduct warranted punitive damages. Plaintiffs prevailed on their claim that ventilated filter cigarettes should have included use instructions for the period 1964 - 1969. The second phase will consist of trials to determine liability and compensatory damages. In November 2014, the West Virginia Supreme Court of Appeals affirmed the final judgment. In July 2015, the trial court entered an order that will result in the entry of final judgment in favor of defendants and against all but 30 plaintiffs who potentially have a claim against one or more defendants that may be pursued in a second phase of trial. The court intends to try the claims of these 30 plaintiffs in six consolidated trials, each with a group of five plaintiffs. The first trial is currently scheduled to begin May 1, 2018. Dates for the five remaining consolidated trials have not been scheduled. (4) See Health Care Cost Recovery Litigation - Federal Government’s Lawsuit below. International Tobacco-Related Cases As of April 27, 2017, PM USA is a named defendant in 10 health care cost recovery actions in Canada, eight of which also name Altria Group, Inc. as a defendant. PM USA and Altria Group, Inc. are also named defendants in seven smoking and health class actions filed in various Canadian provinces. See Guarantees and Other Similar Matters below for a discussion of the Distribution Agreement between Altria Group, Inc. and Philip Morris International Inc. (“PMI”) that provides for indemnities for certain liabilities concerning tobacco products. Tobacco-Related Cases Set for Trial As of April 27, 2017, six Engle progeny cases are set for trial through June 30, 2017. There are no individual smoking and health cases and no “Lights/Ultra Lights” class actions or medical monitoring cases against PM USA set for trial during this period. Cases against other companies in the tobacco industry are scheduled for trial during this period. Trial dates are subject to change. Trial Results Since January 1999, excluding the Engle progeny cases (separately discussed below), verdicts have been returned in 61 smoking and health, “Lights/Ultra Lights” and health care cost recovery cases in which PM USA was a defendant. Verdicts in favor of PM USA and other defendants were returned in 41 of the 61 cases. These 41 cases were tried in Alaska ( 1 ), California ( 7 ), Florida ( 10 ), Louisiana ( 1 ), Massachusetts ( 2 ), Mississippi ( 1 ), Missouri ( 4 ), New Hampshire ( 1 ), New Jersey ( 1 ), New York ( 5 ), Ohio ( 2 ), Pennsylvania ( 1 ), Rhode Island ( 1 ), Tennessee ( 2 ) and West Virginia ( 2 ). A motion for a new trial was granted in one of the cases in Florida and in the case in Alaska. In the Alaska case ( Hunter ), the trial court withdrew its order for a new trial upon PM USA’s motion for reconsideration. In December 2015, the Alaska Supreme Court reversed the trial court decision and remanded the case with directions for the trial court to reassess whether to grant a new trial. In March 2016, the trial court granted a new trial and PM USA filed a petition for review of that order with the Alaska Supreme Court, which the court denied in July 2016. The retrial began in October 2016. In November 2016, the court declared a mistrial after the jury failed to reach a verdict. The plaintiff subsequently moved for a new trial, which is scheduled to begin October 16, 2017. See Types and Number of Cases above for a discussion of the trial results in In re: Tobacco Litigation (West Virginia consolidated cases). Of the 20 non- Engle progeny cases in which verdicts were returned in favor of plaintiffs, 18 have reached final resolution. As of April 27, 2017, 108 state and federal Engle progeny cases involving PM USA have resulted in verdicts since the Florida Supreme Court’s Engle decision as follows: 60 verdicts were returned in favor of plaintiffs; 45 verdicts were returned in favor of PM USA. Three verdicts in favor of plaintiffs were partially or entirely reversed on appeal. See Smoking and Health Litigation - Engle Progeny Trial Court Results below for a discussion of these verdicts. Judgments Paid and Provisions for Tobacco and Health Litigation Items (Including Engle Progeny Litigation) After exhausting all appeals in those cases resulting in adverse verdicts associated with tobacco-related litigation, since October 2004, PM USA has paid in the aggregate judgments and settlements (including related costs and fees) totaling approximately $474 million and interest totaling approximately $183 million as of March 31, 2017. These amounts include payments for Engle progeny judgments (and related costs and fees) totaling approximately $83 million , interest totaling approximately $21 million and payment of approximately $43 million in connection with the Federal Engle Agreement, discussed below. The changes in Altria Group, Inc.’s accrued liability for tobacco and health litigation items, including related interest costs, for the periods specified below are as follows: For the Three Months Ended March 31, 2017 2016 (in millions) Accrued liability for tobacco and health litigation items at beginning of period $ 47 $ 132 Pre-tax charges for: Tobacco and health judgments 1 4 Related interest costs — 2 Agreement to resolve Aspinall including related interest costs — 32 Payments (1 ) (17 ) Accrued liability for tobacco and health litigation items at end of period $ 47 $ 153 The accrued liability for tobacco and health litigation items, including related interest costs, was included in liabilities on Altria Group, Inc.’s condensed consolidated balance sheets. Pre-tax charges for tobacco and health judgments and the agreement to resolve the Aspinall case (excluding related interest costs of approximately $10 million ) were included in marketing, administration and research costs on Altria Group, Inc.’s condensed consolidated statements of earnings. Pre-tax charges for related interest costs were included in interest and other debt expense, net on Altria Group, Inc.’s condensed consolidated statements of earnings. Security for Judgments To obtain stays of judgments pending current appeals, as of March 31, 2017 , PM USA has posted various forms of security totaling approximately $92 million , the majority of which has been collateralized with cash deposits that are included in other assets on the condensed consolidated balance sheet. Smoking and Health Litigation Overview Plaintiffs’ allegations of liability in smoking and health cases are based on various theories of recovery, including negligence, gross negligence, strict liability, fraud, misrepresentation, design defect, failure to warn, nuisance, breach of express and implied warranties, breach of special duty, conspiracy, concert of action, violations of deceptive trade practice laws and consumer protection statutes, and claims under the federal and state anti-racketeering statutes. Plaintiffs in the smoking and health cases seek various forms of relief, including compensatory and punitive damages, treble/multiple damages and other statutory damages and penalties, creation of medical monitoring and smoking cessation funds, disgorgement of profits, and injunctive and equitable relief. Defenses raised in these cases include lack of proximate cause, assumption of the risk, comparative fault and/or contributory negligence, statutes of limitations and preemption by the Federal Cigarette Labeling and Advertising Act. Non-Engle Progeny Litigation Summarized below is the non- Engle progeny smoking and health case pending during 2017 in which a verdict was returned in favor of plaintiff and against PM USA. Charts listing the verdicts for plaintiffs in the Engle progeny cases can be found in Smoking and Health Litigation - Engle Progeny Trial Results below. Bullock : In December 2015, a jury in the U.S. District Court for the Central District of California returned a verdict in favor of plaintiff, awarding $900,000 in compensatory damages. In January 2016, the plaintiff moved for a new trial, which the district court denied in February 2016. In March 2016, PM USA filed a notice of appeal to the U.S. Court of Appeals for the Ninth Circuit and plaintiff cross-appealed. Federal Government’s Lawsuit : See Health Care Cost Recovery Litigation - Federal Government’s Lawsuit below for a discussion of the verdict and post-trial developments in the United States of America health care cost recovery case. Engle Class Action In July 2000, in the second phase of the Engle smoking and health class action in Florida, a jury returned a verdict assessing punitive damages totaling approximately $145 billion against various defendants, including $74 billion against PM USA. Following entry of judgment, PM USA appealed. In May 2001, the trial court approved a stipulation providing that execution of the punitive damages component of the Engle judgment will remain stayed against PM USA and the other participating defendants through the completion of all judicial review. As a result of the stipulation, PM USA placed $500 million into an interest-bearing escrow account that, regardless of the outcome of the judicial review, was to be paid to the court and the court was to determine how to allocate or distribute it consistent with Florida Rules of Civil Procedure. In May 2003, the Florida Third District Court of Appeal reversed the judgment entered by the trial court and instructed the trial court to order the decertification of the class. Plaintiffs petitioned the Florida Supreme Court for further review. In July 2006, the Florida Supreme Court ordered that the punitive damages award be vacated, that the class approved by the trial court be decertified and that members of the decertified class could file individual actions against defendants within one year of issuance of the mandate. The court further declared the following Phase I findings are entitled to res judicata effect in such individual actions brought within one year of the issuance of the mandate: (i) that smoking causes various diseases; (ii) that nicotine in cigarettes is addictive; (iii) that defendants’ cigarettes were defective and unreasonably dangerous; (iv) that defendants concealed or omitted material information not otherwise known or available knowing that the material was false or misleading or failed to disclose a material fact concerning the health effects or addictive nature of smoking; (v) that defendants agreed to misrepresent information regarding the health effects or addictive nature of cigarettes with the intention of causing the public to rely on this information to their detriment; (vi) that defendants agreed to conceal or omit information regarding the health effects of cigarettes or their addictive nature with the intention that smokers would rely on the information to their detriment; (vii) that all defendants sold or supplied cigarettes that were defective; and (viii) that defendants were negligent. The court also reinstated compensatory damages awards totaling approximately $6.9 million to two individual plaintiffs and found that a third plaintiff’s claim was barred by the statute of limitations. In February 2008 , PM USA paid approximately $3 million , representing its share of compensatory damages and interest, to the two individual plaintiffs identified in the Florida Supreme Court’s order. In August 2006, PM USA sought rehearing from the Florida Supreme Court on parts of its July 2006 opinion, including the ruling (described above) that certain jury findings have res judicata effect in subsequent individual trials timely brought by Engle class members. The rehearing motion also asked, among other things, that legal errors that were raised but not expressly ruled upon in the Florida Third District Court of Appeal or in the Florida Supreme Court now be addressed. Plaintiffs also filed a motion for rehearing in August 2006 seeking clarification of the applicability of the statute of limitations to non-members of the decertified class. In December 2006, the Florida Supreme Court refused to revise its July 2006 ruling, except that it revised the set of Phase I findings entitled to res judicata effect by excluding finding (v) listed above (relating to agreement to misrepresent information), and added the finding that defendants sold or supplied cigarettes that, at the time of sale or supply, did not conform to the representations of fact made by defendants. In January 2007, the Florida Supreme Court issued the mandate from its revised opinion. Defendants then filed a motion with the Florida Third District Court of Appeal requesting that the court address legal errors that were previously raised by defendants but have not yet been addressed either by the Florida Third District Court of Appeal or by the Florida Supreme Court. In February 2007, the Florida Third District Court of Appeal denied defendants’ motion. In May 2007, defendants’ motion for a partial stay of the mandate pending the completion of appellate review was denied by the Florida Third District Court of Appeal. In May 2007, defendants filed a petition for writ of certiorari with the United States Supreme Court, which the United States Supreme Court denied later in 2007. In February 2008, the trial court decertified the class, except for purposes of the May 2001 bond stipulation, and formally vacated the punitive damages award pursuant to the Florida Supreme Court’s mandate. In April 2008, the trial court ruled that certain defendants, including PM USA, lacked standing with respect to allocation of the funds escrowed under the May 2001 bond stipulation and would receive no credit at that time from the $500 million paid by PM USA against any future punitive damages awards in cases brought by former Engle class members. In May 2008, the trial court, among other things, decertified the limited class maintained for purposes of the May 2001 bond stipulation and, in July 2008, severed the remaining plaintiffs’ claims except for those of Howard Engle. The only remaining plaintiff in the Engle case, Howard Engle, voluntarily dismissed his claims with prejudice. Engle Progeny Cases The deadline for filing Engle progeny cases, as required by the Florida Supreme Court’s Engle decision, expired in January 2008. As of April 27, 2017, approximately 2,600 state court cases were pending against PM USA or Altria Group, Inc. asserting individual claims by or on behalf of approximately 3,400 state court plaintiffs. Because of a number of factors, including, but not limited to, docketing delays, duplicated filings and overlapping dismissal orders, these numbers are estimates. While the Federal Engle Agreement (discussed below) resolved nearly all Engle progeny cases pending in federal court, as of April 27, 2017, approximately 13 cases were pending against PM USA in federal court representing the cases excluded from that agreement. Agreement to Resolve Federal Engle Progeny Cases In 2015, PM USA, R.J. Reynolds Tobacco Company (“R.J. Reynolds”) and Lorillard Tobacco Company (“Lorillard”) resolved approximately 415 pending federal Engle progeny cases (the “Federal Engle Agreement”). Under the terms of the Federal Engle Agreement, PM USA paid approximately $43 million . Federal cases that were in trial and those that previously reached final verdict were not included in the Federal Engle Agreement. Engle Progeny Trial Results As of April 27, 2017, 108 federal and state Engle progeny cases involving PM USA have resulted in verdicts since the Florida Supreme Court Engle decision. Sixty verdicts were returned in favor of plaintiffs and three verdicts ( Graham, Skolnick and Calloway ) that were initially returned in favor of plaintiffs were reversed on appeal and remain pending. Graham is now subject to en banc appellate review; Skolnick was remanded for a new trial; Calloway was reversed on an appellate finding that improper arguments by plaintiff’s counsel deprived defendants of a fair trial. Forty-five verdicts were returned in favor of PM USA, of which 36 were state cases ( Gelep , Kalyvas , Gil de Rubio , Warrick , Willis , Russo (formerly Frazier ), C. Campbell , Rohr , Espinosa , Oliva , Weingart , Junious , Szymanski , Hancock , D. Cohen , LaMotte , J. Campbell , Dombey , Haldeman , Blasco , Gonzalez , Banks , Surico , Baum , Bishop , Vila , McMannis , Collar , Suarez , Shulman , Ewing , E. Smith, Mooney, Chacon, Dubinsky and Lima ) and 9 were federal cases ( Gollihue , McCray , Denton , Wilder , Jacobson , Reider , Davis , Starbuck and Sowers ). In addition, there have been a number of mistrials, only some of which have resulted in new trials as of April 27, 2017. The judgment in D. Cohen was subsequently reversed for a new trial. The juries in the Reider and Banks cases returned zero damages verdicts in favor of PM USA . The juries in the Weingart and Hancock cases returned verdicts against PM USA awarding no damages, but the trial court in each case granted an additur . The charts below list the verdicts and post-trial developments in certain Engle progeny cases in which verdicts were returned in favor of plaintiffs (including Hancock , where the verdict originally was returned in favor of PM USA). The first chart lists such cases that are pending as of April 27, 2017; the second chart lists such cases that were pending within the previous 12 months, but that are now concluded. Currently-Pending Engle Cases ________________________________________________________________________________________________________________________________ Plaintiff: Sommers Date: April 2017 Verdict: A Miami-Dade County jury returned a verdict in favor of plaintiff and against PM USA awarding compensatory damages of $1 million and allocating 40% of the fault to PM USA. The jury did not award punitive damages. Post-Trial Developments: In April 2017, PM USA filed motions for a new trial and for a directed verdict, and plaintiff filed a motion for a new trial on punitive damages. ________________________________________________________________________________________________________________________________ Plaintiff: Santoro Date: March 2017 Verdict: A Broward County jury returned a verdict in favor of plaintiff and against PM USA, R.J. Reynolds and Liggett Group LLC (“Liggett Group”) awarding compensatory damages of $1.6 million and allocating 28% of the fault to PM USA (an amount of approximately $450,000 ). The jury also awarded plaintiff $100,000 in punitive damages against PM USA. Post-Trial Developments: In April 2017, the trial court entered final judgment in favor of plaintiff with a deduction for plaintiff’s comparative fault and defendants filed various post-trial motions, including motions to set aside the verdict and for a new trial. ________________________________________________________________________________________________________________________________ Plaintiff: J. Brown Date: February 2017 Verdict: A Pinellas County jury returned a verdict in favor of plaintiff and against PM USA and R.J. Reynolds awarding compensatory damages of $5.4 million and allocating 35% of the fault to PM USA. The jury also awarded plaintiff $200,000 in punitive damages against PM USA. Post-Trial Developments: In March 2017, defendants filed various post-trial motions, including motions to set aside the verdict and for a new trial. The court ruled that it will not apply the comparative fault reduction to the compensatory damages. ________________________________________________________________________________________________________________________________ Plaintiff: Pardue Date: December 2016 Verdict: An Alachua County jury returned a verdict in favor of plaintiff and against PM USA and R.J. Reynolds awarding compensatory damages of approximately $5.9 million and allocating 25% of the fault to PM USA. The jury also awarded plaintiff $6.75 million in punitive damages against PM USA. Post-Trial Developments: In December 2016, the trial court entered final judgment in favor of plaintiff without a deduction for plaintiff’s comparative fault. In January 2017, PM USA and R.J. Reynolds filed various post-trial motions, including motions to set aside the verdict and for a new trial or, in the alternative, for remittitur of the jury’s damages awards. In February 2017, the court granted defendants’ alternative motion for remittitur , reducing the compensatory damages award against PM USA and R.J. Reynolds to approximately $5.2 million . Also in February 2017, defendants filed a renewed motion to alter or amend the judgment, which the court denied in April 2017. In March 2017, defendants filed a notice of appeal to the Florida First District Court of Appeal and plaintiff cross-appealed. ________________________________________________________________________________________________________________________________ Plaintiff: Martin Date: November 2016 Verdict: A Broward County jury returned a verdict in favor of plaintiff and against PM USA and R.J. Reynolds awarding compensatory damages of approximately $5.4 million and allocating 46% of the fault to PM USA (an amount of approximately $2.48 million ). The jury also awarded plaintiff $450,000 in punitive damages against PM USA. Post-Trial Developments: In December 2016, the trial court entered final judgment in favor of plaintiff with a deduction for plaintiff’s comparative fault and PM USA and R.J. Reynolds filed various post-trial motions, including motions to set aside the verdict and for a new trial. In January 2017, the trial court denied all post-trial motions. In February 2017, defendants filed a notice of appeal to the Florida Fourth District Court of Appeal and plaintiff cross-appealed. Also in February 2017, PM USA posted a bond in the amount of $2.9 million . ________________________________________________________________________________________________________________________________ Plaintiff: Howles Date: November 2016 Verdict: A Broward County jury returned a verdict in favor of plaintiff and against PM USA and R.J. Reynolds awarding compensatory damages of $4 million and allocating 50% of the fault to PM USA (an amount of $2 million ). The jury also awarded plaintiff $3 million in punitive damages against PM USA. Post-Trial Developments: In November 2016, PM USA and R.J. Reynolds filed various post-trial motions, including motions to set aside the verdict and for a new trial, which the court denied in December 2016. Also in December 2016, defendants filed a notice of appeal to the Florida Fourth District Court of Appeal. ________________________________________________________________________________________________________________________________ Plaintiff: Oshinsky-Blacker Date: September 2016 Verdict: A Broward County jury returned a verdict in favor of plaintiff and against PM USA and R.J. Reynolds awarding compensatory damages of $6.155 million and allocating 60% of the fault to PM USA (an amount of $3.7 million ). The jury also awarded plaintiff $1 million in punitive damages against PM USA. Post-Trial Developments: In October 2016, PM USA and R.J. Reynolds filed motions to set aside the verdict and for a directed verdict. In March 2017, the trial court vacated the verdict, ordered a new trial based on plaintiff’s counsel’s improper arguments at trial and denied defendants’ remaining post-trial motions. Also in March 2017, plaintiff filed a notice of appeal with the Florida Fourth District Court of Appeal and defendants cross-appealed. ________________________________________________________________________________________________________________________________ Plaintiff: Sermons Date: July 2016 Verdict: A Duval County jury returned a verdict in favor of plaintiff and against PM USA and R.J. Reynolds awarding compensatory damages of $65,000 and allocating 15% of the fault to PM USA (an amount of $9,750 ). The jury also awarded plaintiff $51,225 in punitive damages against PM USA. Post-Trial Developments: In July 2016, plaintiff filed a motion for a new trial or, in the alternative, for an additur . ________________________________________________________________________________________________________________________________ Plaintiff: |
Condensed Consolidating Financi
Condensed Consolidating Financial Information | 3 Months Ended |
Mar. 31, 2017 | |
Organization, Consolidation and Presentation of Financial Statements [Abstract] | |
Condensed Consolidating Financial Information | Condensed Consolidating Financial Information: PM USA, which is a 100% owned subsidiary of Altria Group, Inc., has guaranteed Altria Group, Inc.’s obligations under its outstanding debt securities, borrowings under its Credit Agreement and amounts outstanding under its commercial paper program (the “Guarantees”). Pursuant to the Guarantees, PM USA fully and unconditionally guarantees, as primary obligor, the payment and performance of Altria Group, Inc.’s obligations under the guaranteed debt instruments (the “Obligations”), subject to release under certain customary circumstances as noted below. The Guarantees provide that PM USA guarantees the punctual payment when due, whether at stated maturity, by acceleration or otherwise, of the Obligations. The liability of PM USA under the Guarantees is absolute and unconditional irrespective of: any lack of validity, enforceability or genuineness of any provision of any agreement or instrument relating thereto; any change in the time, manner or place of payment of, or in any other term of, all or any of the Obligations, or any other amendment or waiver of or any consent to departure from any agreement or instrument relating thereto; any exchange, release or non-perfection of any collateral, or any release or amendment or waiver of or consent to departure from any other guarantee, for all or any of the Obligations; or any other circumstance that might otherwise constitute a defense available to, or a discharge of, Altria Group, Inc. or PM USA. The obligations of PM USA under the Guarantees are limited to the maximum amount as will not result in PM USA’s obligations under the Guarantees constituting a fraudulent transfer or conveyance, after giving effect to such maximum amount and all other contingent and fixed liabilities of PM USA that are relevant under Bankruptcy Law, the Uniform Fraudulent Conveyance Act, the Uniform Fraudulent Transfer Act or any similar federal or state law to the extent applicable to the Guarantees. For this purpose, “Bankruptcy Law” means Title 11, U.S. Code, or any similar federal or state law for the relief of debtors. PM USA will be unconditionally released and discharged from the Obligations upon the earliest to occur of: ▪ the date, if any, on which PM USA consolidates with or merges into Altria Group, Inc. or any successor; ▪ the date, if any, on which Altria Group, Inc. or any successor consolidates with or merges into PM USA; ▪ the payment in full of the Obligations pertaining to such Guarantees; and ▪ the rating of Altria Group, Inc.’s long-term senior unsecured debt by Standard & Poor’s Ratings Services of A or higher. At March 31, 2017 , the respective principal 100% owned subsidiaries of Altria Group, Inc. and PM USA were not limited by long-term debt or other agreements in their ability to pay cash dividends or make other distributions with respect to their equity interests. The following sets forth the condensed consolidating balance sheets as of March 31, 2017 and December 31, 2016 , condensed consolidating statements of earnings and comprehensive earnings for the three months ended March 31, 2017 and 2016 , and condensed consolidating statements of cash flows for the three months ended March 31, 2017 and 2016 for Altria Group, Inc., PM USA and, collectively, Altria Group, Inc.’s other subsidiaries that are not guarantors of Altria Group, Inc.’s debt instruments (the “Non-Guarantor Subsidiaries”). The financial information is based on Altria Group, Inc.’s understanding of the Securities and Exchange Commission (“SEC”) interpretation and application of Rule 3-10 of SEC Regulation S-X. The financial information may not necessarily be indicative of results of operations or financial position had PM USA and the Non-Guarantor Subsidiaries operated as independent entities. Altria Group, Inc. and PM USA account for investments in their subsidiaries under the equity method of accounting. Condensed Consolidating Balance Sheets March 31, 2017 (in millions of dollars) Altria Group, Inc. PM USA Non- Guarantor Subsidiaries Total Consolidating Adjustments Consolidated Assets Cash and cash equivalents $ 5,170 $ — $ 58 $ — $ 5,228 Receivables — 8 127 — 135 Inventories: Leaf tobacco — 538 349 — 887 Other raw materials — 111 60 — 171 Work in process — 7 485 — 492 Finished product — 172 400 — 572 — 828 1,294 — 2,122 Due from Altria Group, Inc. and subsidiaries — 5,532 993 (6,525 ) — Other current assets 249 50 88 (246 ) 141 Total current assets 5,419 6,418 2,560 (6,771 ) 7,626 Property, plant and equipment, at cost — 2,971 1,885 — 4,856 Less accumulated depreciation — 2,087 846 — 2,933 — 884 1,039 — 1,923 Goodwill — — 5,307 — 5,307 Other intangible assets, net — 2 12,199 — 12,201 Investment in AB InBev 17,579 — — — 17,579 Investment in consolidated subsidiaries 11,579 2,641 — (14,220 ) — Finance assets, net — — 1,019 — 1,019 Due from Altria Group, Inc. and subsidiaries 4,790 — — (4,790 ) — Other assets 18 1,752 131 (1,381 ) 520 Total Assets $ 39,385 $ 11,697 $ 22,255 $ (27,162 ) $ 46,175 Condensed Consolidating Balance Sheets (Continued) March 31, 2017 (in millions of dollars) Altria Group, Inc. PM USA Non- Guarantor Subsidiaries Total Consolidating Adjustments Consolidated Liabilities Accounts payable $ 1 $ 105 $ 129 $ — $ 235 Accrued liabilities: Marketing — 609 116 — 725 Employment costs 14 8 52 — 74 Settlement charges — 4,783 7 — 4,790 Other 191 414 271 — 876 Income taxes — 626 36 (246 ) 416 Dividends payable 1,184 — — — 1,184 Due to Altria Group, Inc. and subsidiaries 6,187 296 42 (6,525 ) — Total current liabilities 7,577 6,841 653 (6,771 ) 8,300 Long-term debt 13,884 — — — 13,884 Deferred income taxes 5,329 — 4,361 (1,381 ) 8,309 Accrued pension costs 203 — 535 — 738 Accrued postretirement health care costs — 1,442 770 — 2,212 Due to Altria Group, Inc. and subsidiaries — — 4,790 (4,790 ) — Other liabilities 132 142 157 — 431 Total liabilities 27,125 8,425 11,266 (12,942 ) 33,874 Contingencies Redeemable noncontrolling interest — — 38 — 38 Stockholders’ Equity Common stock 935 — 9 (9 ) 935 Additional paid-in capital 5,909 3,310 11,790 (15,100 ) 5,909 Earnings reinvested in the business 37,124 230 841 (1,071 ) 37,124 Accumulated other comprehensive losses (2,212 ) (268 ) (1,692 ) 1,960 (2,212 ) Cost of repurchased stock (29,496 ) — — — (29,496 ) Total stockholders’ equity attributable to Altria Group, Inc. 12,260 3,272 10,948 (14,220 ) 12,260 Noncontrolling interests — — 3 — 3 Total stockholders’ equity 12,260 3,272 10,951 (14,220 ) 12,263 Total Liabilities and Stockholders’ Equity $ 39,385 $ 11,697 $ 22,255 $ (27,162 ) $ 46,175 Condensed Consolidating Balance Sheets December 31, 2016 (in millions of dollars) Altria PM USA Non- Total Consolidated Assets Cash and cash equivalents $ 4,521 $ 1 $ 47 $ — $ 4,569 Receivables — 8 143 — 151 Inventories: Leaf tobacco — 541 351 — 892 Other raw materials — 111 53 — 164 Work in process — 3 509 — 512 Finished product — 112 371 — 483 — 767 1,284 — 2,051 Due from Altria Group, Inc. and subsidiaries — 3,797 1,511 (5,308 ) — Other current assets 170 118 201 — 489 Total current assets 4,691 4,691 3,186 (5,308 ) 7,260 Property, plant and equipment, at cost — 2,971 1,864 — 4,835 Less accumulated depreciation — 2,073 804 — 2,877 — 898 1,060 — 1,958 Goodwill — — 5,285 — 5,285 Other intangible assets, net — 2 12,034 — 12,036 Investment in AB InBev 17,852 — — — 17,852 Investment in consolidated subsidiaries 11,636 2,632 — (14,268 ) — Finance assets, net — — 1,028 — 1,028 Due from Altria Group, Inc. and subsidiaries 4,790 — — (4,790 ) — Other assets 18 1,748 131 (1,384 ) 513 Total Assets $ 38,987 $ 9,971 $ 22,724 $ (25,750 ) $ 45,932 Condensed Consolidating Balance Sheets (Continued) December 31, 2016 (in millions of dollars) Altria PM USA Non- Total Consolidated Liabilities Accounts payable $ 1 $ 92 $ 332 $ — $ 425 Accrued liabilities: Marketing — 619 128 — 747 Employment costs 104 14 171 — 289 Settlement charges — 3,696 5 — 3,701 Other 261 438 326 — 1,025 Dividends payable 1,188 — — — 1,188 Due to Altria Group, Inc. and subsidiaries 5,030 237 41 (5,308 ) — Total current liabilities 6,584 5,096 1,003 (5,308 ) 7,375 Long-term debt 13,881 — — — 13,881 Deferred income taxes 5,424 — 4,376 (1,384 ) 8,416 Accrued pension costs 207 — 598 — 805 Accrued postretirement health care costs — 1,453 764 — 2,217 Due to Altria Group, Inc. and subsidiaries — — 4,790 (4,790 ) — Other liabilities 121 146 160 — 427 Total liabilities 26,217 6,695 11,691 (11,482 ) 33,121 Contingencies Redeemable noncontrolling interest — — 38 — 38 Stockholders’ Equity Common stock 935 — 9 (9 ) 935 Additional paid-in capital 5,893 3,310 11,585 (14,895 ) 5,893 Earnings reinvested in the business 36,906 237 1,118 (1,355 ) 36,906 Accumulated other comprehensive losses (2,052 ) (271 ) (1,720 ) 1,991 (2,052 ) Cost of repurchased stock (28,912 ) — — — (28,912 ) Total stockholders’ equity attributable to Altria Group, Inc. 12,770 3,276 10,992 (14,268 ) 12,770 Noncontrolling interests — — 3 — 3 Total stockholders’ equity 12,770 3,276 10,995 (14,268 ) 12,773 Total Liabilities and Stockholders’ Equity $ 38,987 $ 9,971 $ 22,724 $ (25,750 ) $ 45,932 Condensed Consolidating Statements of Earnings and Comprehensive Earnings For the Three Months Ended March 31, 2017 (in millions of dollars) Altria PM USA Non- Total Consolidated Net revenues $ — $ 5,271 $ 820 $ (8 ) $ 6,083 Cost of sales — 1,538 280 (8 ) 1,810 Excise taxes on products — 1,446 48 — 1,494 Gross profit — 2,287 492 — 2,779 Marketing, administration and research costs 40 378 110 — 528 Asset impairment and exit costs — — 4 — 4 Operating (expense) income (40 ) 1,909 378 — 2,247 Interest and other debt expense, net 123 — 56 — 179 Earnings from equity investment in AB InBev (23 ) — — — (23 ) (Loss) earnings before income taxes and equity earnings of subsidiaries (140 ) 1,909 322 — 2,091 (Benefit) provision for income taxes (72 ) 663 98 — 689 Equity earnings of subsidiaries 1,469 72 — (1,541 ) — Net earnings 1,401 1,318 224 (1,541 ) 1,402 Net earnings attributable to noncontrolling interests — — (1 ) — (1 ) Net earnings attributable to Altria Group, Inc. $ 1,401 $ 1,318 $ 223 $ (1,541 ) $ 1,401 Net earnings $ 1,401 $ 1,318 $ 224 $ (1,541 ) $ 1,402 Other comprehensive (losses) earnings, net of deferred income taxes (160 ) 3 28 (31 ) (160 ) Comprehensive earnings 1,241 1,321 252 (1,572 ) 1,242 Comprehensive earnings attributable to noncontrolling interests — — (1 ) — (1 ) Comprehensive earnings attributable to $ 1,241 $ 1,321 $ 251 $ (1,572 ) $ 1,241 Condensed Consolidating Statements of Earnings and Comprehensive Earnings For the Three Months Ended March 31, 2016 (in millions of dollars) Altria PM USA Non- Total Consolidated Net revenues $ — $ 5,265 $ 810 $ (9 ) $ 6,066 Cost of sales — 1,642 241 (9 ) 1,874 Excise taxes on products — 1,487 49 — 1,536 Gross profit — 2,136 520 — 2,656 Marketing, administration and research costs 36 415 108 — 559 Asset impairment and exit costs 5 94 21 — 120 Operating (expense) income (41 ) 1,627 391 — 1,977 Interest and other debt expense, net 129 15 56 — 200 Earnings from equity investment in SABMiller (66 ) — — — (66 ) Gain on AB InBev/SABMiller business combination (40 ) — — — (40 ) (Loss) earnings before income taxes and equity earnings of subsidiaries (64 ) 1,612 335 — 1,883 (Benefit) provision for income taxes (49 ) 603 111 — 665 Equity earnings of subsidiaries 1,232 60 — (1,292 ) — Net earnings 1,217 1,069 224 (1,292 ) 1,218 Net earnings attributable to noncontrolling interests — — (1 ) — (1 ) Net earnings attributable to Altria Group, Inc. $ 1,217 $ 1,069 $ 223 $ (1,292 ) $ 1,217 Net earnings $ 1,217 $ 1,069 $ 224 $ (1,292 ) $ 1,218 Other comprehensive losses, net of deferred income taxes (47 ) (17 ) (156 ) 173 (47 ) Comprehensive earnings 1,170 1,052 68 (1,119 ) 1,171 Comprehensive earnings attributable to noncontrolling interests — — (1 ) — (1 ) Comprehensive earnings attributable to $ 1,170 $ 1,052 $ 67 $ (1,119 ) $ 1,170 Condensed Consolidating Statements of Cash Flows For the Three Months Ended March 31, 2017 (in millions of dollars) Altria Group, Inc. PM USA Non- Guarantor Subsidiaries Total Consolidating Adjustments Consolidated Cash Provided by Operating Activities Net cash provided by operating activities $ 1,469 $ 3,007 $ 14 $ (1,825 ) $ 2,665 Cash Provided by (Used in) Investing Activities Capital expenditures — (8 ) (25 ) — (33 ) Proceeds from finance assets — — 2 — 2 Other — — (199 ) — (199 ) Net cash used in investing activities — (8 ) (222 ) — (230 ) Cash Provided by (Used in) Financing Activities Repurchases of common stock (551 ) — — — (551 ) Dividends paid on common stock (1,187 ) — — — (1,187 ) Changes in amounts due to/from Altria Group, Inc. and subsidiaries 952 (1,675 ) 723 — — Cash dividends paid to parent — (1,325 ) (500 ) 1,825 — Other (34 ) — (4 ) — (38 ) Net cash (used in) provided by financing activities (820 ) (3,000 ) 219 1,825 (1,776 ) Cash and cash equivalents: Increase (decrease) 649 (1 ) 11 — 659 Balance at beginning of period 4,521 1 47 — 4,569 Balance at end of period $ 5,170 $ — $ 58 $ — $ 5,228 Condensed Consolidating Statements of Cash Flows For the Three Months Ended March 31, 2016 (in millions of dollars) Altria Group, Inc. PM USA Non- Guarantor Subsidiaries Total Consolidating Adjustments Consolidated Cash Provided by Operating Activities Net cash provided by operating activities $ 1,462 $ 2,780 $ 108 $ (1,632 ) $ 2,718 Cash Provided by (Used in) Investing Activities Capital expenditures — (7 ) (19 ) — (26 ) Proceeds from finance assets — — 56 — 56 Other — — 4 — 4 Net cash (used in) provided by investing activities — (7 ) 41 — 34 Cash Provided by (Used in) Financing Activities Repurchases of common stock (168 ) — — — (168 ) Dividends paid on common stock (1,108 ) — — — (1,108 ) Changes in amounts due to/from Altria Group, Inc. and subsidiaries 1,279 (1,374 ) 95 — — Cash dividends paid to parent — (1,399 ) (233 ) 1,632 — Other (29 ) — (1 ) — (30 ) Net cash used in financing activities (26 ) (2,773 ) (139 ) 1,632 (1,306 ) Cash and cash equivalents: Increase 1,436 — 10 — 1,446 Balance at beginning of period 2,313 — 56 — 2,369 Balance at end of period $ 3,749 $ — $ 66 $ — $ 3,815 |
Recent Accounting Guidance Not
Recent Accounting Guidance Not Yet Adopted | 3 Months Ended |
Mar. 31, 2017 | |
New Accounting Pronouncements and Changes in Accounting Principles [Abstract] | |
Recent Accounting Guidance Not Yet Adopted | Recent Accounting Guidance Not Yet Adopted: The following table provides a description of the recently issued accounting guidance applicable to, but not yet adopted by, Altria Group, Inc.: Standards Description Effective Date for Public Entity Effect on financial statements ASU Nos. 2014-09; 2015-14; 2016-08; 2016-10; 2016-12; 2016-20 Revenue from Contracts with Customers (Topic 606) The guidance establishes principles for reporting information about the nature, amount, timing, and uncertainty of revenue and cash flows arising from an entity’s contracts with customers. The guidance is effective for annual reporting periods beginning after December 15, 2017, including interim periods within that reporting period. Early adoption is permitted only as of annual reporting periods beginning after December 15, 2016, including interim periods within that reporting period. The adoption of this guidance is not expected to have a material impact on the amount or timing of revenue recognized on Altria Group, Inc.’s financial statements based on current contracts with customers. The guidance will result in expanded footnote disclosures. Altria Group, Inc. plans to retrospectively adopt this guidance by the first quarter of 2018. ASU No. 2016-01 Recognition and Measurement of Financial Assets and Financial Liabilities (Subtopic 825-10) The guidance addresses certain aspects of recognition, measurement, presentation and disclosure of financial instruments. The guidance is effective for annual reporting periods beginning after December 15, 2017, including interim periods within that reporting period. Early adoption of the guidance is not permitted, except for a certain provision of the guidance. The adoption of this guidance is not expected to have a material impact on Altria Group, Inc.’s consolidated financial statements. ASU No. 2016-02 Leases (Topic 842) The guidance increases transparency and comparability among organizations by requiring entities to recognize lease assets and lease liabilities on the balance sheet and disclose key information about leasing arrangements. The guidance is effective for annual reporting periods beginning after December 15, 2018, including interim periods within that reporting period. Early adoption is permitted. Altria Group, Inc. is in the process of evaluating the impact of this guidance on its consolidated financial statements and related disclosures, including identifying and analyzing all contracts that contain a lease. As a lessor, PMCC maintains a portfolio of finance assets, substantially all of which are leveraged leases, the accounting of which will be unchanged under the new guidance and is not expected to change unless there is a contract modification to an existing lease. As a lessee, Altria Group, Inc.’s various leases under existing guidance are classified as operating leases that are not recorded on the balance sheet but are recorded in the statement of earnings as expense is incurred. Upon adoption of the new guidance, Altria Group, Inc. will be required to record substantially all leases on the balance sheet as a right-of-use asset and a lease liability. The timing of expense recognition and classification in the statement of earnings could change based on the classification of leases as either operating or financing. ASU No. 2016-13 Measurement of Credit Losses on Financial Instruments (Topic 326) The guidance replaces the current incurred loss impairment methodology for recognizing credit losses for financial assets with a methodology that reflects the entity’s current estimate of all expected credit losses and requires consideration of a broader range of reasonable and supportable information for estimating credit losses. The guidance is effective for annual reporting periods beginning after December 15, 2019, including interim periods within that reporting period. Early adoption is permitted only as of annual reporting periods beginning after December 15, 2018, including interim periods within that reporting period. Altria Group, Inc. is in the process of evaluating the impact of this guidance on its consolidated financial statements and related disclosures. Altria Group, Inc.’s financial assets that are within the scope of the new guidance are approximately 2% of Altria Group, Inc.’s total assets at March 31, 2017. Standards Description Effective Date for Public Entity Effect on financial statements ASU No. 2016-15 Classification of Certain Cash Receipts and Cash Payments (Topic 230) The guidance addresses how eight specific cash flow issues are to be presented and classified in the statement of cash flows. The guidance is effective for fiscal years beginning after December 15, 2017 and interim periods within those fiscal years. Early adoption is permitted, including adoption in an interim period. Altria Group, Inc. is in the process of evaluating the impact of this guidance on its consolidated financial statements and related disclosures. ASU No. 2016-18 Restricted Cash (Topic 230) The guidance requires that a statement of cash flows explain the change during the period in the total of cash, cash equivalents and amounts generally described as restricted cash and restricted cash equivalents. The guidance is effective for fiscal years beginning after December 15, 2017 and interim periods within those fiscal years. Early adoption is permitted, including adoption in an interim period. Altria Group, Inc. is in the process of evaluating the impact of this guidance on its consolidated financial statements and related disclosures. ASU No. 2017-07 Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost (Topic 715) The guidance requires an employer to report the service cost component of net periodic pension cost and net periodic postretirement benefit cost in the same line item or items as other compensation costs arising from services rendered by employees during the period. The other components of net periodic pension cost and net periodic postretirement benefit cost are required to be presented in the statement of earnings separately from the service cost component and outside the subtotal of operating income. Additionally, only the service cost component is eligible for capitalization. The guidance is effective for annual periods beginning after December 15, 2017 and interim periods within that reporting period. Early adoption is permitted only as of the beginning of an annual period for which financial statements have not been issued. Altria Group, Inc. is in the process of evaluating the impact of this guidance on its consolidated financial statements and related disclosures. |
Background and Basis of Prese20
Background and Basis of Presentation (Policies) | 3 Months Ended |
Mar. 31, 2017 | |
Organization, Consolidation and Presentation of Financial Statements [Abstract] | |
New Accounting Pronouncements | On January 1, 2017, Altria Group, Inc. adopted Accounting Standards Update (“ASU”) No. 2016-09, Compensation - Stock Compensation ( Topic 718 ): Improvements to Employee Share-Based Payment Accounting (“ASU No. 2016-09”) and ASU No. 2015-11, Inventory (Topic 330) : Simplifying the Measurement of Inventory (“ASU No. 2015-11”). ASU No. 2016-09 simplifies several aspects of the accounting for share-based payment transactions, including the income tax consequences, classification of awards as either equity or liabilities, and classification on the statement of cash flows. The adoption of ASU No. 2016-09 did not have a material impact on Altria Group, Inc.’s condensed consolidated financial statements. The portions of the guidance that have an impact on Altria Group, Inc.’s condensed consolidated financial statements have been adopted prospectively, with the exception of the classification of employee taxes paid by Altria Group, Inc. on the condensed consolidated statements of cash flows related to shares withheld by Altria Group, Inc. for tax withholding purposes, which has been adopted retrospectively. Altria Group, Inc. has made an accounting policy election to continue to estimate the number of share-based awards that are expected to vest, which includes estimating forfeitures. Certain prior-year amounts in the condensed consolidated statement of cash flows have been reclassified to conform with the current year’s presentation due to Altria Group, Inc.’s adoption of ASU No. 2016-09. ASU No. 2015-11 requires inventory that is measured using the first-in, first-out (“FIFO”) or average cost methods to be measured at the lower of cost and net realizable value. Previous guidance required inventory that was measured using the FIFO or average cost methods to be measured at the lower of cost or market. The adoption of this guidance did not have a material impact on Altria Group, Inc.’s condensed consolidated financial statements. |
Background and Basis of Prese21
Background and Basis of Presentation (Tables) | 3 Months Ended |
Mar. 31, 2017 | |
Organization, Consolidation and Presentation of Financial Statements [Abstract] | |
Schedule of Shares Repurchased | Altria Group, Inc.’s share repurchase activity was as follows: For the Three Months Ended March 31, 2017 2016 (in millions, except per share data) Total number of shares repurchased 7.7 2.8 Aggregate cost of shares repurchased $ 551 $ 168 Average price per share of shares repurchased $ 71.77 $ 59.81 |
Asset Impairment, Exit and Im22
Asset Impairment, Exit and Implementation Costs (Tables) | 3 Months Ended |
Mar. 31, 2017 | |
Restructuring and Related Activities [Abstract] | |
Asset Impairment, Exit and Implementation Costs | Pre-tax asset impairment, exit and implementation costs consisted of the following: For the Three Months Ended March 31, 2017 For the Three Months Ended March 31, 2016 Asset Impairment and Exit Costs Implementation Costs Total Asset Impairment and Exit Costs (1) Implementation Costs Total (in millions) Smokeable products $ 1 $ 5 $ 6 $ 97 $ 2 $ 99 Smokeless products 3 18 21 13 — 13 All other — — — 5 — 5 General corporate — — — 5 — 5 Total $ 4 $ 23 $ 27 $ 120 $ 2 $ 122 (1) Includes termination and curtailment costs of $20 million . See Note 3 . Benefit Plans . |
Schedule of Restructuring Reserve | The movement in the restructuring liabilities (excluding termination and curtailment costs), substantially all of which are severance liabilities, was as follows: For the Three Months Ended March 31, 2017 (in millions) Balances at December 31, 2016 $ 79 Charges 4 Cash spent (20 ) Balances at March 31, 2017 $ 63 |
Benefit Plans (Tables)
Benefit Plans (Tables) | 3 Months Ended |
Mar. 31, 2017 | |
Compensation and Retirement Disclosure [Abstract] | |
Schedule of Net Periodic Benefit Cost (Income) | Net periodic benefit (income) cost consisted of the following: For the Three Months Ended March 31, Pension Postretirement 2017 2016 2017 2016 (in millions) Service cost $ 19 $ 18 $ 4 $ 4 Interest cost 72 71 20 21 Expected return on plan assets (150 ) (138 ) — — Amortization: Net loss 50 44 8 7 Prior service cost (credit) 1 1 (9 ) (10 ) Termination and curtailment — 20 — — Net periodic benefit (income) cost $ (8 ) $ 16 $ 23 $ 22 |
Earnings Per Share (Tables)
Earnings Per Share (Tables) | 3 Months Ended |
Mar. 31, 2017 | |
Earnings Per Share [Abstract] | |
Earnings Per Share | Basic and diluted earnings per share (“EPS”) were calculated using the following: For the Three Months Ended March 31, 2017 2016 (in millions) Net earnings attributable to Altria Group, Inc. $ 1,401 $ 1,217 Less: Distributed and undistributed earnings attributable to unvested restricted shares and restricted stock units (2 ) (2 ) Earnings for basic and diluted EPS $ 1,399 $ 1,215 Weighted-average shares for basic and diluted EPS 1,939 1,956 |
Other Comprehensive Earnings_25
Other Comprehensive Earnings/Losses (Tables) | 3 Months Ended |
Mar. 31, 2017 | |
Equity [Abstract] | |
Schedule of Accumulated Other Comprehensive Income (Loss) | The following tables set forth the changes in each component of accumulated other comprehensive losses, net of deferred income taxes, attributable to Altria Group, Inc.: For the Three Months Ended March 31, 2017 Currency Translation Adjustments Benefit Plans AB InBev Accumulated Other Comprehensive Losses (in millions) Balances, December 31, 2016 $ (4 ) $ (2,048 ) $ — $ (2,052 ) Other comprehensive losses before reclassifications — — (296 ) (296 ) Deferred income taxes — — 104 104 Other comprehensive losses before reclassifications, net of deferred income taxes — — (192 ) (192 ) Amounts reclassified to net earnings — 54 — 54 Deferred income taxes — (22 ) — (22 ) Amounts reclassified to net earnings, net of deferred income taxes — 32 — 32 Other comprehensive earnings (losses), net of deferred income taxes — 32 (192 ) (1) (160 ) Balances, March 31, 2017 $ (4 ) $ (2,016 ) $ (192 ) $ (2,212 ) For the Three Months Ended March 31, 2016 Currency Translation Adjustments Benefit Plans SABMiller Accumulated Other Comprehensive Losses (in millions) Balances, December 31, 2015 $ (5 ) $ (2,010 ) $ (1,265 ) $ (3,280 ) Other comprehensive earnings (losses) before reclassifications 1 (318 ) 182 (135 ) Deferred income taxes — 122 (64 ) 58 Other comprehensive earnings (losses) before reclassifications, net of deferred income taxes 1 (196 ) 118 (77 ) Amounts reclassified to net earnings — 36 12 48 Deferred income taxes — (14 ) (4 ) (18 ) Amounts reclassified to net earnings, net of deferred income taxes — 22 8 30 Other comprehensive earnings (losses), net of deferred income taxes 1 (174 ) 126 (1) (47 ) Balances, March 31, 2016 $ (4 ) $ (2,184 ) $ (1,139 ) $ (3,327 ) (1) For the three months ended March 31, 2017 and 2016 , other comprehensive earnings/losses related to Altria Group, Inc.’s investment in AB InBev and SABMiller, respectively, consisted primarily of currency translation adjustments. |
Reclassification out of Accumulated Other Comprehensive Income | The following table sets forth pre-tax amounts by component, reclassified from accumulated other comprehensive losses to net earnings: For the Three Months Ended March 31, 2017 2016 (in millions) Benefit Plans: (1) Net loss $ 62 $ 55 Prior service cost/credit (8 ) (19 ) 54 36 AB InBev/SABMiller (2) — 12 Pre-tax amounts reclassified from accumulated other comprehensive losses to net earnings $ 54 $ 48 (1) Amounts are included in net defined benefit plan costs. For further details, see Note 3 . Benefit Plans. (2) Amounts are included in earnings from equity investment in AB InBev/SABMiller. |
Segment Reporting (Tables)
Segment Reporting (Tables) | 3 Months Ended |
Mar. 31, 2017 | |
Segment Reporting [Abstract] | |
Schedule of Segment Reporting Information, by Segment | Segment data were as follows: For the Three Months Ended March 31, 2017 2016 (in millions) Net revenues: Smokeable products $ 5,458 $ 5,422 Smokeless products 466 479 Wine 140 145 All other 19 20 Net revenues $ 6,083 $ 6,066 Earnings before income taxes: Operating companies income (loss): Smokeable products $ 2,041 $ 1,751 Smokeless products 249 280 Wine 21 28 All other (13 ) (21 ) Amortization of intangibles (5 ) (5 ) General corporate expenses (46 ) (51 ) Corporate asset impairment and exit costs — (5 ) Operating income 2,247 1,977 Interest and other debt expense, net (179 ) (200 ) Earnings from equity investment in AB InBev/SABMiller 23 66 Gain on AB InBev/SABMiller business combination — 40 Earnings before income taxes $ 2,091 $ 1,883 |
Schedule of NPM Adjustment Items | Non-Participating Manufacturer (“NPM”) Adjustment Items - Pre-tax (income) expense for NPM adjustment items was recorded in Altria Group, Inc.’s condensed consolidated statements of earnings as follows: For the Three Months Ended March 31, 2017 2016 (in millions) Smokeable products segment $ (8 ) $ 12 Interest and other debt expense, net 7 6 Total $ (1 ) $ 18 |
Schedule of Pre-tax Tobacco and Health Litigation Items | Tobacco and Health Litigation Items - Pre-tax charges related to certain tobacco and health litigation items were recorded in Altria Group, Inc.’s condensed consolidated statements of earnings as follows: For the Three Months Ended March 31, 2017 2016 (in millions) Smokeable products segment $ 1 $ 26 Interest and other debt expense, net — 12 Total $ 1 $ 38 |
Contingencies (Tables)
Contingencies (Tables) | 3 Months Ended |
Mar. 31, 2017 | |
Commitments and Contingencies Disclosure [Abstract] | |
Schedule of Contingencies | The table below lists the number of certain tobacco-related cases pending in the United States against PM USA (1) and, in some instances, Altria Group, Inc. as of April 27, 2017, April 25, 2016 and April 20, 2015: April 27, 2017 April 25, 2016 April 20, 2015 Individual Smoking and Health Cases (2) 80 62 64 Smoking and Health Class Actions and Aggregated Claims Litigation (3) 5 5 5 Health Care Cost Recovery Actions (4) 1 1 1 “Lights/Ultra Lights” Class Actions 5 11 12 (1) Does not include 27 cases filed on the asbestos docket in the Circuit Court for Baltimore City, Maryland, which seek to join PM USA and other cigarette-manufacturing defendants in complaints previously filed against asbestos companies. (2) Does not include 2,485 cases brought by flight attendants seeking compensatory damages for personal injuries allegedly caused by exposure to environmental tobacco smoke (“ETS”). The flight attendants allege that they are members of an ETS smoking and health class action in Florida, which was settled in 1997 ( Broin ). The terms of the court-approved settlement in that case allowed class members to file individual lawsuits seeking compensatory damages, but prohibited them from seeking punitive damages. Also, does not include individual smoking and health cases brought by or on behalf of plaintiffs in Florida state and federal courts following the decertification of the Engle case (discussed below in Smoking and Health Litigation - Engle Class Action ). (3) Includes as one case the 600 civil actions (of which 344 were actions against PM USA) that were to be tried in a single proceeding in West Virginia ( In re: Tobacco Litigation ). The West Virginia Supreme Court of Appeals ruled that the United States Constitution did not preclude a trial in two phases in this case. Issues related to defendants’ conduct and whether punitive damages are permissible were tried in the first phase. Trial in the first phase of this case began in April 2013. In May 2013, the jury returned a verdict in favor of defendants on the claims for design defect, negligence, failure to warn, breach of warranty, and concealment and declined to find that the defendants’ conduct warranted punitive damages. Plaintiffs prevailed on their claim that ventilated filter cigarettes should have included use instructions for the period 1964 - 1969. The second phase will consist of trials to determine liability and compensatory damages. In November 2014, the West Virginia Supreme Court of Appeals affirmed the final judgment. In July 2015, the trial court entered an order that will result in the entry of final judgment in favor of defendants and against all but 30 plaintiffs who potentially have a claim against one or more defendants that may be pursued in a second phase of trial. The court intends to try the claims of these 30 plaintiffs in six consolidated trials, each with a group of five plaintiffs. The first trial is currently scheduled to begin May 1, 2018. Dates for the five remaining consolidated trials have not been scheduled. (4) See Health Care Cost Recovery Litigation - Federal Government’s Lawsuit below. The changes in Altria Group, Inc.’s accrued liability for tobacco and health litigation items, including related interest costs, for the periods specified below are as follows: For the Three Months Ended March 31, 2017 2016 (in millions) Accrued liability for tobacco and health litigation items at beginning of period $ 47 $ 132 Pre-tax charges for: Tobacco and health judgments 1 4 Related interest costs — 2 Agreement to resolve Aspinall including related interest costs — 32 Payments (1 ) (17 ) Accrued liability for tobacco and health litigation items at end of period $ 47 $ 153 |
Condensed Consolidating Finan28
Condensed Consolidating Financial Information (Tables) | 3 Months Ended |
Mar. 31, 2017 | |
Organization, Consolidation and Presentation of Financial Statements [Abstract] | |
Condensed Consolidating Balance Sheet | Condensed Consolidating Balance Sheets March 31, 2017 (in millions of dollars) Altria Group, Inc. PM USA Non- Guarantor Subsidiaries Total Consolidating Adjustments Consolidated Assets Cash and cash equivalents $ 5,170 $ — $ 58 $ — $ 5,228 Receivables — 8 127 — 135 Inventories: Leaf tobacco — 538 349 — 887 Other raw materials — 111 60 — 171 Work in process — 7 485 — 492 Finished product — 172 400 — 572 — 828 1,294 — 2,122 Due from Altria Group, Inc. and subsidiaries — 5,532 993 (6,525 ) — Other current assets 249 50 88 (246 ) 141 Total current assets 5,419 6,418 2,560 (6,771 ) 7,626 Property, plant and equipment, at cost — 2,971 1,885 — 4,856 Less accumulated depreciation — 2,087 846 — 2,933 — 884 1,039 — 1,923 Goodwill — — 5,307 — 5,307 Other intangible assets, net — 2 12,199 — 12,201 Investment in AB InBev 17,579 — — — 17,579 Investment in consolidated subsidiaries 11,579 2,641 — (14,220 ) — Finance assets, net — — 1,019 — 1,019 Due from Altria Group, Inc. and subsidiaries 4,790 — — (4,790 ) — Other assets 18 1,752 131 (1,381 ) 520 Total Assets $ 39,385 $ 11,697 $ 22,255 $ (27,162 ) $ 46,175 Condensed Consolidating Balance Sheets (Continued) March 31, 2017 (in millions of dollars) Altria Group, Inc. PM USA Non- Guarantor Subsidiaries Total Consolidating Adjustments Consolidated Liabilities Accounts payable $ 1 $ 105 $ 129 $ — $ 235 Accrued liabilities: Marketing — 609 116 — 725 Employment costs 14 8 52 — 74 Settlement charges — 4,783 7 — 4,790 Other 191 414 271 — 876 Income taxes — 626 36 (246 ) 416 Dividends payable 1,184 — — — 1,184 Due to Altria Group, Inc. and subsidiaries 6,187 296 42 (6,525 ) — Total current liabilities 7,577 6,841 653 (6,771 ) 8,300 Long-term debt 13,884 — — — 13,884 Deferred income taxes 5,329 — 4,361 (1,381 ) 8,309 Accrued pension costs 203 — 535 — 738 Accrued postretirement health care costs — 1,442 770 — 2,212 Due to Altria Group, Inc. and subsidiaries — — 4,790 (4,790 ) — Other liabilities 132 142 157 — 431 Total liabilities 27,125 8,425 11,266 (12,942 ) 33,874 Contingencies Redeemable noncontrolling interest — — 38 — 38 Stockholders’ Equity Common stock 935 — 9 (9 ) 935 Additional paid-in capital 5,909 3,310 11,790 (15,100 ) 5,909 Earnings reinvested in the business 37,124 230 841 (1,071 ) 37,124 Accumulated other comprehensive losses (2,212 ) (268 ) (1,692 ) 1,960 (2,212 ) Cost of repurchased stock (29,496 ) — — — (29,496 ) Total stockholders’ equity attributable to Altria Group, Inc. 12,260 3,272 10,948 (14,220 ) 12,260 Noncontrolling interests — — 3 — 3 Total stockholders’ equity 12,260 3,272 10,951 (14,220 ) 12,263 Total Liabilities and Stockholders’ Equity $ 39,385 $ 11,697 $ 22,255 $ (27,162 ) $ 46,175 Condensed Consolidating Balance Sheets December 31, 2016 (in millions of dollars) Altria PM USA Non- Total Consolidated Assets Cash and cash equivalents $ 4,521 $ 1 $ 47 $ — $ 4,569 Receivables — 8 143 — 151 Inventories: Leaf tobacco — 541 351 — 892 Other raw materials — 111 53 — 164 Work in process — 3 509 — 512 Finished product — 112 371 — 483 — 767 1,284 — 2,051 Due from Altria Group, Inc. and subsidiaries — 3,797 1,511 (5,308 ) — Other current assets 170 118 201 — 489 Total current assets 4,691 4,691 3,186 (5,308 ) 7,260 Property, plant and equipment, at cost — 2,971 1,864 — 4,835 Less accumulated depreciation — 2,073 804 — 2,877 — 898 1,060 — 1,958 Goodwill — — 5,285 — 5,285 Other intangible assets, net — 2 12,034 — 12,036 Investment in AB InBev 17,852 — — — 17,852 Investment in consolidated subsidiaries 11,636 2,632 — (14,268 ) — Finance assets, net — — 1,028 — 1,028 Due from Altria Group, Inc. and subsidiaries 4,790 — — (4,790 ) — Other assets 18 1,748 131 (1,384 ) 513 Total Assets $ 38,987 $ 9,971 $ 22,724 $ (25,750 ) $ 45,932 Condensed Consolidating Balance Sheets (Continued) December 31, 2016 (in millions of dollars) Altria PM USA Non- Total Consolidated Liabilities Accounts payable $ 1 $ 92 $ 332 $ — $ 425 Accrued liabilities: Marketing — 619 128 — 747 Employment costs 104 14 171 — 289 Settlement charges — 3,696 5 — 3,701 Other 261 438 326 — 1,025 Dividends payable 1,188 — — — 1,188 Due to Altria Group, Inc. and subsidiaries 5,030 237 41 (5,308 ) — Total current liabilities 6,584 5,096 1,003 (5,308 ) 7,375 Long-term debt 13,881 — — — 13,881 Deferred income taxes 5,424 — 4,376 (1,384 ) 8,416 Accrued pension costs 207 — 598 — 805 Accrued postretirement health care costs — 1,453 764 — 2,217 Due to Altria Group, Inc. and subsidiaries — — 4,790 (4,790 ) — Other liabilities 121 146 160 — 427 Total liabilities 26,217 6,695 11,691 (11,482 ) 33,121 Contingencies Redeemable noncontrolling interest — — 38 — 38 Stockholders’ Equity Common stock 935 — 9 (9 ) 935 Additional paid-in capital 5,893 3,310 11,585 (14,895 ) 5,893 Earnings reinvested in the business 36,906 237 1,118 (1,355 ) 36,906 Accumulated other comprehensive losses (2,052 ) (271 ) (1,720 ) 1,991 (2,052 ) Cost of repurchased stock (28,912 ) — — — (28,912 ) Total stockholders’ equity attributable to Altria Group, Inc. 12,770 3,276 10,992 (14,268 ) 12,770 Noncontrolling interests — — 3 — 3 Total stockholders’ equity 12,770 3,276 10,995 (14,268 ) 12,773 Total Liabilities and Stockholders’ Equity $ 38,987 $ 9,971 $ 22,724 $ (25,750 ) $ 45,932 |
Condensed Consolidating Statements of Earnings and Comprehensive Earnings | Condensed Consolidating Statements of Earnings and Comprehensive Earnings For the Three Months Ended March 31, 2017 (in millions of dollars) Altria PM USA Non- Total Consolidated Net revenues $ — $ 5,271 $ 820 $ (8 ) $ 6,083 Cost of sales — 1,538 280 (8 ) 1,810 Excise taxes on products — 1,446 48 — 1,494 Gross profit — 2,287 492 — 2,779 Marketing, administration and research costs 40 378 110 — 528 Asset impairment and exit costs — — 4 — 4 Operating (expense) income (40 ) 1,909 378 — 2,247 Interest and other debt expense, net 123 — 56 — 179 Earnings from equity investment in AB InBev (23 ) — — — (23 ) (Loss) earnings before income taxes and equity earnings of subsidiaries (140 ) 1,909 322 — 2,091 (Benefit) provision for income taxes (72 ) 663 98 — 689 Equity earnings of subsidiaries 1,469 72 — (1,541 ) — Net earnings 1,401 1,318 224 (1,541 ) 1,402 Net earnings attributable to noncontrolling interests — — (1 ) — (1 ) Net earnings attributable to Altria Group, Inc. $ 1,401 $ 1,318 $ 223 $ (1,541 ) $ 1,401 Net earnings $ 1,401 $ 1,318 $ 224 $ (1,541 ) $ 1,402 Other comprehensive (losses) earnings, net of deferred income taxes (160 ) 3 28 (31 ) (160 ) Comprehensive earnings 1,241 1,321 252 (1,572 ) 1,242 Comprehensive earnings attributable to noncontrolling interests — — (1 ) — (1 ) Comprehensive earnings attributable to $ 1,241 $ 1,321 $ 251 $ (1,572 ) $ 1,241 Condensed Consolidating Statements of Earnings and Comprehensive Earnings For the Three Months Ended March 31, 2016 (in millions of dollars) Altria PM USA Non- Total Consolidated Net revenues $ — $ 5,265 $ 810 $ (9 ) $ 6,066 Cost of sales — 1,642 241 (9 ) 1,874 Excise taxes on products — 1,487 49 — 1,536 Gross profit — 2,136 520 — 2,656 Marketing, administration and research costs 36 415 108 — 559 Asset impairment and exit costs 5 94 21 — 120 Operating (expense) income (41 ) 1,627 391 — 1,977 Interest and other debt expense, net 129 15 56 — 200 Earnings from equity investment in SABMiller (66 ) — — — (66 ) Gain on AB InBev/SABMiller business combination (40 ) — — — (40 ) (Loss) earnings before income taxes and equity earnings of subsidiaries (64 ) 1,612 335 — 1,883 (Benefit) provision for income taxes (49 ) 603 111 — 665 Equity earnings of subsidiaries 1,232 60 — (1,292 ) — Net earnings 1,217 1,069 224 (1,292 ) 1,218 Net earnings attributable to noncontrolling interests — — (1 ) — (1 ) Net earnings attributable to Altria Group, Inc. $ 1,217 $ 1,069 $ 223 $ (1,292 ) $ 1,217 Net earnings $ 1,217 $ 1,069 $ 224 $ (1,292 ) $ 1,218 Other comprehensive losses, net of deferred income taxes (47 ) (17 ) (156 ) 173 (47 ) Comprehensive earnings 1,170 1,052 68 (1,119 ) 1,171 Comprehensive earnings attributable to noncontrolling interests — — (1 ) — (1 ) Comprehensive earnings attributable to $ 1,170 $ 1,052 $ 67 $ (1,119 ) $ 1,170 |
Condensed Consolidating Statements of Cash Flows | Condensed Consolidating Statements of Cash Flows For the Three Months Ended March 31, 2017 (in millions of dollars) Altria Group, Inc. PM USA Non- Guarantor Subsidiaries Total Consolidating Adjustments Consolidated Cash Provided by Operating Activities Net cash provided by operating activities $ 1,469 $ 3,007 $ 14 $ (1,825 ) $ 2,665 Cash Provided by (Used in) Investing Activities Capital expenditures — (8 ) (25 ) — (33 ) Proceeds from finance assets — — 2 — 2 Other — — (199 ) — (199 ) Net cash used in investing activities — (8 ) (222 ) — (230 ) Cash Provided by (Used in) Financing Activities Repurchases of common stock (551 ) — — — (551 ) Dividends paid on common stock (1,187 ) — — — (1,187 ) Changes in amounts due to/from Altria Group, Inc. and subsidiaries 952 (1,675 ) 723 — — Cash dividends paid to parent — (1,325 ) (500 ) 1,825 — Other (34 ) — (4 ) — (38 ) Net cash (used in) provided by financing activities (820 ) (3,000 ) 219 1,825 (1,776 ) Cash and cash equivalents: Increase (decrease) 649 (1 ) 11 — 659 Balance at beginning of period 4,521 1 47 — 4,569 Balance at end of period $ 5,170 $ — $ 58 $ — $ 5,228 Condensed Consolidating Statements of Cash Flows For the Three Months Ended March 31, 2016 (in millions of dollars) Altria Group, Inc. PM USA Non- Guarantor Subsidiaries Total Consolidating Adjustments Consolidated Cash Provided by Operating Activities Net cash provided by operating activities $ 1,462 $ 2,780 $ 108 $ (1,632 ) $ 2,718 Cash Provided by (Used in) Investing Activities Capital expenditures — (7 ) (19 ) — (26 ) Proceeds from finance assets — — 56 — 56 Other — — 4 — 4 Net cash (used in) provided by investing activities — (7 ) 41 — 34 Cash Provided by (Used in) Financing Activities Repurchases of common stock (168 ) — — — (168 ) Dividends paid on common stock (1,108 ) — — — (1,108 ) Changes in amounts due to/from Altria Group, Inc. and subsidiaries 1,279 (1,374 ) 95 — — Cash dividends paid to parent — (1,399 ) (233 ) 1,632 — Other (29 ) — (1 ) — (30 ) Net cash used in financing activities (26 ) (2,773 ) (139 ) 1,632 (1,306 ) Cash and cash equivalents: Increase 1,436 — 10 — 1,446 Balance at beginning of period 2,313 — 56 — 2,369 Balance at end of period $ 3,749 $ — $ 66 $ — $ 3,815 |
Recent Accounting Guidance No29
Recent Accounting Guidance Not Yet Adopted (Tables) | 3 Months Ended |
Mar. 31, 2017 | |
New Accounting Pronouncements and Changes in Accounting Principles [Abstract] | |
Recent Accounting Guidance Not Yet Adopted | The following table provides a description of the recently issued accounting guidance applicable to, but not yet adopted by, Altria Group, Inc.: Standards Description Effective Date for Public Entity Effect on financial statements ASU Nos. 2014-09; 2015-14; 2016-08; 2016-10; 2016-12; 2016-20 Revenue from Contracts with Customers (Topic 606) The guidance establishes principles for reporting information about the nature, amount, timing, and uncertainty of revenue and cash flows arising from an entity’s contracts with customers. The guidance is effective for annual reporting periods beginning after December 15, 2017, including interim periods within that reporting period. Early adoption is permitted only as of annual reporting periods beginning after December 15, 2016, including interim periods within that reporting period. The adoption of this guidance is not expected to have a material impact on the amount or timing of revenue recognized on Altria Group, Inc.’s financial statements based on current contracts with customers. The guidance will result in expanded footnote disclosures. Altria Group, Inc. plans to retrospectively adopt this guidance by the first quarter of 2018. ASU No. 2016-01 Recognition and Measurement of Financial Assets and Financial Liabilities (Subtopic 825-10) The guidance addresses certain aspects of recognition, measurement, presentation and disclosure of financial instruments. The guidance is effective for annual reporting periods beginning after December 15, 2017, including interim periods within that reporting period. Early adoption of the guidance is not permitted, except for a certain provision of the guidance. The adoption of this guidance is not expected to have a material impact on Altria Group, Inc.’s consolidated financial statements. ASU No. 2016-02 Leases (Topic 842) The guidance increases transparency and comparability among organizations by requiring entities to recognize lease assets and lease liabilities on the balance sheet and disclose key information about leasing arrangements. The guidance is effective for annual reporting periods beginning after December 15, 2018, including interim periods within that reporting period. Early adoption is permitted. Altria Group, Inc. is in the process of evaluating the impact of this guidance on its consolidated financial statements and related disclosures, including identifying and analyzing all contracts that contain a lease. As a lessor, PMCC maintains a portfolio of finance assets, substantially all of which are leveraged leases, the accounting of which will be unchanged under the new guidance and is not expected to change unless there is a contract modification to an existing lease. As a lessee, Altria Group, Inc.’s various leases under existing guidance are classified as operating leases that are not recorded on the balance sheet but are recorded in the statement of earnings as expense is incurred. Upon adoption of the new guidance, Altria Group, Inc. will be required to record substantially all leases on the balance sheet as a right-of-use asset and a lease liability. The timing of expense recognition and classification in the statement of earnings could change based on the classification of leases as either operating or financing. ASU No. 2016-13 Measurement of Credit Losses on Financial Instruments (Topic 326) The guidance replaces the current incurred loss impairment methodology for recognizing credit losses for financial assets with a methodology that reflects the entity’s current estimate of all expected credit losses and requires consideration of a broader range of reasonable and supportable information for estimating credit losses. The guidance is effective for annual reporting periods beginning after December 15, 2019, including interim periods within that reporting period. Early adoption is permitted only as of annual reporting periods beginning after December 15, 2018, including interim periods within that reporting period. Altria Group, Inc. is in the process of evaluating the impact of this guidance on its consolidated financial statements and related disclosures. Altria Group, Inc.’s financial assets that are within the scope of the new guidance are approximately 2% of Altria Group, Inc.’s total assets at March 31, 2017. Standards Description Effective Date for Public Entity Effect on financial statements ASU No. 2016-15 Classification of Certain Cash Receipts and Cash Payments (Topic 230) The guidance addresses how eight specific cash flow issues are to be presented and classified in the statement of cash flows. The guidance is effective for fiscal years beginning after December 15, 2017 and interim periods within those fiscal years. Early adoption is permitted, including adoption in an interim period. Altria Group, Inc. is in the process of evaluating the impact of this guidance on its consolidated financial statements and related disclosures. ASU No. 2016-18 Restricted Cash (Topic 230) The guidance requires that a statement of cash flows explain the change during the period in the total of cash, cash equivalents and amounts generally described as restricted cash and restricted cash equivalents. The guidance is effective for fiscal years beginning after December 15, 2017 and interim periods within those fiscal years. Early adoption is permitted, including adoption in an interim period. Altria Group, Inc. is in the process of evaluating the impact of this guidance on its consolidated financial statements and related disclosures. ASU No. 2017-07 Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost (Topic 715) The guidance requires an employer to report the service cost component of net periodic pension cost and net periodic postretirement benefit cost in the same line item or items as other compensation costs arising from services rendered by employees during the period. The other components of net periodic pension cost and net periodic postretirement benefit cost are required to be presented in the statement of earnings separately from the service cost component and outside the subtotal of operating income. Additionally, only the service cost component is eligible for capitalization. The guidance is effective for annual periods beginning after December 15, 2017 and interim periods within that reporting period. Early adoption is permitted only as of the beginning of an annual period for which financial statements have not been issued. Altria Group, Inc. is in the process of evaluating the impact of this guidance on its consolidated financial statements and related disclosures. |
Background and Basis of Prese30
Background and Basis of Presentation (Share Repurchase Table) (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions | 3 Months Ended | 12 Months Ended | |
Mar. 31, 2017 | Mar. 31, 2016 | Dec. 31, 2016 | |
Organization, Consolidation and Presentation of Financial Statements [Abstract] | |||
Repurchase of common stock (shares) | 7.7 | 2.8 | |
Aggregate cost of shares repurchased | $ 551 | $ 168 | $ 1,030 |
Average price of repurchased shares, per share (usd per share) | $ 71.77 | $ 59.81 |
Background and Basis of Prese31
Background and Basis of Presentation (Narrative) (Details) - USD ($) shares in Millions | 3 Months Ended | |||||
Mar. 31, 2016 | Mar. 31, 2017 | Dec. 31, 2016 | Oct. 31, 2016 | Sep. 30, 2016 | Jul. 31, 2015 | |
SABMiller [Member] | ||||||
Equity, Class of Treasury Stock [Line Items] | ||||||
Equity method investment, ownership percentage (approximately) | 27.00% | |||||
AB InBev [Member] | ||||||
Equity, Class of Treasury Stock [Line Items] | ||||||
Equity method investment, ownership percentage (approximately) | 10.20% | 10.20% | 9.60% | |||
Pre-tax gain on change in fair value of derivative financial instrument | $ 40,000,000 | |||||
Shares owned/shares purchased (in shares) (approximately) | 12 | |||||
July 2015 Share Repurchase Program [Member] | ||||||
Equity, Class of Treasury Stock [Line Items] | ||||||
Planned share repurchase program | $ 3,000,000,000 | $ 1,000,000,000 | ||||
Remaining authorized repurchase amount | $ 1,384,000,000 |
Asset Impairment, Exit and Im32
Asset Impairment, Exit and Implementation Costs (Pre-tax Asset Impairment, Exit and Implementation Costs) (Details) - USD ($) $ in Millions | 3 Months Ended | 6 Months Ended | 12 Months Ended | |
Mar. 31, 2017 | Mar. 31, 2016 | Mar. 31, 2017 | Dec. 31, 2016 | |
Restructuring Cost and Reserve [Line Items] | ||||
Asset Impairment and Exit Costs | $ 4 | $ 120 | ||
Implementation Costs | 23 | 2 | ||
Total | 27 | 122 | ||
Termination and curtailment costs | 20 | |||
Operating Segments [Member] | Smokeable Products [Member] | ||||
Restructuring Cost and Reserve [Line Items] | ||||
Asset Impairment and Exit Costs | 1 | 97 | ||
Implementation Costs | 5 | 2 | ||
Total | 6 | 99 | ||
Operating Segments [Member] | Smokeless Products [Member] | ||||
Restructuring Cost and Reserve [Line Items] | ||||
Asset Impairment and Exit Costs | 3 | 13 | ||
Implementation Costs | 18 | 0 | ||
Total | 21 | 13 | ||
Operating Segments [Member] | All Other [Member] | ||||
Restructuring Cost and Reserve [Line Items] | ||||
Asset Impairment and Exit Costs | 0 | 5 | ||
Implementation Costs | 0 | 0 | ||
Total | 0 | 5 | ||
General corporate [Member] | ||||
Restructuring Cost and Reserve [Line Items] | ||||
Asset Impairment and Exit Costs | 0 | 5 | ||
Implementation Costs | 0 | 0 | ||
Total | 0 | 5 | ||
Facilities Consolidation [Member] | ||||
Restructuring Cost and Reserve [Line Items] | ||||
Total | $ 27 | $ 98 | $ 71 | |
Productivity Initiative [Member] | ||||
Restructuring Cost and Reserve [Line Items] | ||||
Total | $ 122 |
Asset Impairment, Exit and Im33
Asset Impairment, Exit and Implementation Costs (Restructuring Reserve) (Details) $ in Millions | 3 Months Ended |
Mar. 31, 2017USD ($) | |
Restructuring Reserve [Roll Forward] | |
Restructuring reserve, beginning balance | $ 79 |
Charges | 4 |
Cash spent | (20) |
Restructuring reserve, ending balance | $ 63 |
Asset Impairment, Exit and Im34
Asset Impairment, Exit and Implementation Costs (Facilities Consolidation) (Details) - USD ($) $ / shares in Units, $ in Millions | 3 Months Ended | 6 Months Ended | 12 Months Ended | |
Mar. 31, 2017 | Mar. 31, 2016 | Mar. 31, 2017 | Dec. 31, 2016 | |
Restructuring Cost and Reserve [Line Items] | ||||
Restructuring charges | $ 27 | $ 122 | ||
Asset impairment and exit costs | 4 | 120 | ||
Other restructuring costs | 23 | $ 2 | ||
Payments for restructuring | 20 | |||
Facilities Consolidation [Member] | ||||
Restructuring Cost and Reserve [Line Items] | ||||
Expected restructuring charges | $ 150 | $ 150 | ||
Expected restructuring charges, per share (usd per share) | $ 0.05 | $ 0.05 | ||
Restructuring charges | $ 27 | $ 98 | $ 71 | |
Charges (in usd per share) | $ 0.03 | |||
Restructuring and related cost, expected cost fiscal year | 70 | 70 | ||
Charges expected to result in cash expenditures | 90 | |||
Payments for restructuring | 11 | 16 | ||
Facilities Consolidation [Member] | Accelerated Depreciation [Member] | ||||
Restructuring Cost and Reserve [Line Items] | ||||
Expected restructuring charges | 55 | 55 | ||
Facilities Consolidation [Member] | Employee Separation Costs [Member] | ||||
Restructuring Cost and Reserve [Line Items] | ||||
Expected restructuring charges | 45 | 45 | ||
Facilities Consolidation [Member] | Other Restructuring [Member] | ||||
Restructuring Cost and Reserve [Line Items] | ||||
Expected restructuring charges | $ 50 | $ 50 |
Asset Impairment, Exit and Im35
Asset Impairment, Exit and Implementation Costs (Productivity Initiative) (Details) - USD ($) $ in Millions | 3 Months Ended | 6 Months Ended | 12 Months Ended | 15 Months Ended | |
Mar. 31, 2017 | Mar. 31, 2016 | Mar. 31, 2017 | Dec. 31, 2016 | Mar. 31, 2017 | |
Restructuring Cost and Reserve [Line Items] | |||||
Restructuring charges | $ 27 | $ 122 | |||
Payments for restructuring | 20 | ||||
Facilities Consolidation [Member] | |||||
Restructuring Cost and Reserve [Line Items] | |||||
Restructuring charges | 27 | $ 98 | $ 71 | ||
Payments for restructuring | 11 | $ 16 | |||
Productivity Initiative [Member] | |||||
Restructuring Cost and Reserve [Line Items] | |||||
Restructuring charges | $ 122 | ||||
Payments for restructuring | $ 15 | $ 89 |
Benefit Plans (Schedule Of Comp
Benefit Plans (Schedule Of Components Of Net Periodic Benefit Cost (Income)) (Details) - USD ($) $ in Millions | 3 Months Ended | |
Mar. 31, 2017 | Mar. 31, 2016 | |
Defined Benefit Plan Disclosure [Line Items] | ||
Termination and curtailment | $ 20 | |
Pension [Member] | ||
Defined Benefit Plan Disclosure [Line Items] | ||
Service cost | $ 19 | 18 |
Interest cost | 72 | 71 |
Expected return on plan assets | (150) | (138) |
Amortization of net loss | 50 | 44 |
Amortization of prior service cost (credit) | 1 | 1 |
Termination and curtailment | 0 | 20 |
Net periodic benefit (income) cost | (8) | 16 |
Postretirement [Member] | ||
Defined Benefit Plan Disclosure [Line Items] | ||
Service cost | 4 | 4 |
Interest cost | 20 | 21 |
Expected return on plan assets | 0 | 0 |
Amortization of net loss | 8 | 7 |
Amortization of prior service cost (credit) | (9) | (10) |
Termination and curtailment | 0 | 0 |
Net periodic benefit (income) cost | $ 23 | $ 22 |
Benefit Plans (Narrative) (Deta
Benefit Plans (Narrative) (Details) - Pension [Member] $ in Millions | 3 Months Ended |
Mar. 31, 2017USD ($) | |
Defined Benefit Plan Disclosure [Line Items] | |
Additional employer contributions | $ 8 |
Minimum [Member] | |
Defined Benefit Plan Disclosure [Line Items] | |
Anticipated additional employer contributions | 20 |
Maximum [Member] | |
Defined Benefit Plan Disclosure [Line Items] | |
Anticipated additional employer contributions | $ 40 |
Earnings Per Share (Basic and D
Earnings Per Share (Basic and Diluted Earnings Per Share) (Details) - USD ($) shares in Millions, $ in Millions | 3 Months Ended | |
Mar. 31, 2017 | Mar. 31, 2016 | |
Earnings Per Share [Abstract] | ||
Net earnings attributable to Altria Group, Inc. | $ 1,401 | $ 1,217 |
Less: Distributed and undistributed earnings attributable to unvested restricted shares and restricted stock units | (2) | (2) |
Earnings for basic and diluted EPS | $ 1,399 | $ 1,215 |
Weighted-average shares for basic and diluted EPS | 1,939 | 1,956 |
Other Comprehensive Earnings_39
Other Comprehensive Earnings/Losses (Changes in Each Component of Accumulated Other Comprehensive Losses) (Details) - USD ($) $ in Millions | 3 Months Ended | 12 Months Ended | |
Mar. 31, 2017 | Mar. 31, 2016 | Dec. 31, 2016 | |
Accumulated Other Comprehensive Income [Roll Forward] | |||
Beginning balance | $ 12,770 | ||
Other comprehensive earnings (losses) before reclassifications | (296) | $ (135) | |
Other comprehensive deferred income taxes | 104 | 58 | |
Other comprehensive earnings (losses) before reclassifications, net of deferred income taxes | (192) | (77) | |
Amounts reclassified to net earnings | 54 | 48 | |
Amounts reclassified to net earnings, deferred income taxes | (22) | (18) | |
Amounts reclassified to net earnings, net of deferred income taxes | 32 | 30 | |
Other comprehensive earnings (losses), net of deferred income taxes | (160) | (47) | $ 1,228 |
Ending balance | 12,260 | 12,770 | |
Currency Translation Adjustments [Member] | |||
Accumulated Other Comprehensive Income [Roll Forward] | |||
Beginning balance | (4) | (5) | (5) |
Other comprehensive earnings (losses) before reclassifications | 0 | 1 | |
Other comprehensive deferred income taxes | 0 | 0 | |
Other comprehensive earnings (losses) before reclassifications, net of deferred income taxes | 0 | 1 | |
Amounts reclassified to net earnings | 0 | 0 | |
Amounts reclassified to net earnings, deferred income taxes | 0 | 0 | |
Amounts reclassified to net earnings, net of deferred income taxes | 0 | 0 | |
Other comprehensive earnings (losses), net of deferred income taxes | 0 | 1 | |
Ending balance | (4) | (4) | (4) |
Benefit Plans [Member] | |||
Accumulated Other Comprehensive Income [Roll Forward] | |||
Beginning balance | (2,048) | (2,010) | (2,010) |
Other comprehensive earnings (losses) before reclassifications | 0 | (318) | |
Other comprehensive deferred income taxes | 0 | 122 | |
Other comprehensive earnings (losses) before reclassifications, net of deferred income taxes | 0 | (196) | |
Amounts reclassified to net earnings | 54 | 36 | |
Amounts reclassified to net earnings, deferred income taxes | (22) | (14) | |
Amounts reclassified to net earnings, net of deferred income taxes | 32 | 22 | |
Other comprehensive earnings (losses), net of deferred income taxes | 32 | (174) | |
Ending balance | (2,016) | (2,184) | (2,048) |
Accumulated Equity Method Investments Attributable to Parent [Member] | |||
Accumulated Other Comprehensive Income [Roll Forward] | |||
Beginning balance | 0 | (1,265) | (1,265) |
Other comprehensive earnings (losses) before reclassifications | (296) | 182 | |
Other comprehensive deferred income taxes | 104 | (64) | |
Other comprehensive earnings (losses) before reclassifications, net of deferred income taxes | (192) | 118 | |
Amounts reclassified to net earnings | 0 | 12 | |
Amounts reclassified to net earnings, deferred income taxes | 0 | (4) | |
Amounts reclassified to net earnings, net of deferred income taxes | 0 | 8 | |
Other comprehensive earnings (losses), net of deferred income taxes | (192) | 126 | |
Ending balance | (192) | (1,139) | 0 |
AOCI Attributable to Parent [Member] | |||
Accumulated Other Comprehensive Income [Roll Forward] | |||
Beginning balance | (2,052) | (3,280) | (3,280) |
Other comprehensive earnings (losses), net of deferred income taxes | (160) | 1,228 | |
Ending balance | $ (2,212) | $ (3,327) | $ (2,052) |
Other Comprehensive Earnings_40
Other Comprehensive Earnings/Losses (Reclassifications) (Details) - USD ($) $ in Millions | 3 Months Ended | |
Mar. 31, 2017 | Mar. 31, 2016 | |
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items] | ||
Amounts reclassified to net earnings | $ 54 | $ 48 |
Net loss [Member] | ||
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items] | ||
Amounts reclassified to net earnings | 62 | 55 |
Prior service cost/credit [Member] | ||
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items] | ||
Amounts reclassified to net earnings | (8) | (19) |
Benefit Plans [Member] | ||
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items] | ||
Amounts reclassified to net earnings | 54 | 36 |
AB InBev and SABMiller [Member] | ||
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items] | ||
Amounts reclassified to net earnings | $ 0 | $ 12 |
Segment Reporting (Segment Data
Segment Reporting (Segment Data Schedule) (Details) - USD ($) $ in Millions | 3 Months Ended | |
Mar. 31, 2017 | Mar. 31, 2016 | |
Segment Reporting Information [Line Items] | ||
Net revenues | $ 6,083 | $ 6,066 |
Operating income | 2,247 | 1,977 |
Corporate asset impairment and exit costs | (4) | (120) |
Interest and other debt expense, net | (179) | (200) |
Earnings from equity investment in AB InBev/SABMiller | 23 | 66 |
Nonmonetary Transaction, Gain (Loss) on Transfer, Derivative Instruments, and Divestitures | 0 | 40 |
Gain on AB InBev/SABMiller business combination | 0 | 40 |
(Loss) earnings before income taxes and equity earnings of subsidiaries | 2,091 | 1,883 |
Smokeable Products [Member] | ||
Segment Reporting Information [Line Items] | ||
Net revenues | 5,458 | 5,422 |
Smokeless Products [Member] | ||
Segment Reporting Information [Line Items] | ||
Net revenues | 466 | 479 |
Wine [Member] | ||
Segment Reporting Information [Line Items] | ||
Net revenues | 140 | 145 |
All Other [Member] | ||
Segment Reporting Information [Line Items] | ||
Net revenues | 19 | 20 |
Operating Segments [Member] | Smokeable Products [Member] | ||
Segment Reporting Information [Line Items] | ||
Operating income | 2,041 | 1,751 |
Corporate asset impairment and exit costs | (1) | (97) |
Operating Segments [Member] | Smokeless Products [Member] | ||
Segment Reporting Information [Line Items] | ||
Operating income | 249 | 280 |
Corporate asset impairment and exit costs | (3) | (13) |
Operating Segments [Member] | Wine [Member] | ||
Segment Reporting Information [Line Items] | ||
Operating income | 21 | 28 |
Operating Segments [Member] | All Other [Member] | ||
Segment Reporting Information [Line Items] | ||
Operating income | (13) | (21) |
Corporate asset impairment and exit costs | 0 | (5) |
Segment Reconciling Items [Member] | ||
Segment Reporting Information [Line Items] | ||
Amortization of intangibles | (5) | (5) |
Corporate asset impairment and exit costs | 0 | (5) |
General corporate [Member] | ||
Segment Reporting Information [Line Items] | ||
General corporate expenses | (46) | (51) |
Corporate asset impairment and exit costs | $ 0 | $ (5) |
Segment Reporting (Schedule of
Segment Reporting (Schedule of NPM Adjustment Items) (Details) - Non-Participating Manufacturer Arbitration Panel Decision [Member] - USD ($) $ in Millions | 3 Months Ended | |
Mar. 31, 2017 | Mar. 31, 2016 | |
Segment Reporting Information [Line Items] | ||
Litigation settlement, amount | $ (1) | $ 18 |
PM USA [Member] | Interest And Other Debt Expense, Net [Member] | Segment Reconciling Items [Member] | ||
Segment Reporting Information [Line Items] | ||
Interest and other debt expense, net | 7 | 6 |
PM USA [Member] | NPM Adjustment to Cost Of Sales [Member] | Operating Income (Loss) [Member] | Operating Segments [Member] | Smokeable Products [Member] | ||
Segment Reporting Information [Line Items] | ||
Litigation settlement, amount | $ (8) | $ 12 |
Segment Reporting (Schedule o43
Segment Reporting (Schedule of Pre-tax Tobacco and Health Litigation Items) (Details) - Tobacco and Health Litigation Cases [Member] - USD ($) $ in Millions | 3 Months Ended | |
Mar. 31, 2017 | Mar. 31, 2016 | |
Segment Reporting Information [Line Items] | ||
Provision related to litigation recorded | $ 1 | $ 38 |
Operating Segments [Member] | Smokeable Products [Member] | Operating Income (Loss) [Member] | ||
Segment Reporting Information [Line Items] | ||
Provision related to litigation recorded | 1 | 26 |
Segment Reconciling Items [Member] | Interest And Other Debt Expense, Net [Member] | ||
Segment Reporting Information [Line Items] | ||
Provision related to litigation recorded | $ 0 | $ 12 |
Segment Reporting (Narrative) (
Segment Reporting (Narrative) (Details) - USD ($) $ in Millions | 3 Months Ended | |
Mar. 31, 2017 | Mar. 31, 2016 | |
Aspinall [Member] | PM USA [Member] | ||
Segment Reporting Information [Line Items] | ||
Provision related to litigation recorded | $ 32 | |
Operating Segments [Member] | Smokeless Products [Member] | ||
Segment Reporting Information [Line Items] | ||
Recall impact on operating income | $ 60 | |
Operating Segments [Member] | Selling, General and Administrative Expenses [Member] | Smokeable Products [Member] | Aspinall [Member] | PM USA [Member] | ||
Segment Reporting Information [Line Items] | ||
Provision related to litigation recorded | 26 | |
Operating Segments [Member] | Interest Expense [Member] | Smokeable Products [Member] | Aspinall [Member] | PM USA [Member] | ||
Segment Reporting Information [Line Items] | ||
Provision related to litigation recorded | $ 12 |
Debt (Narrative) (Details)
Debt (Narrative) (Details) - USD ($) | Mar. 31, 2017 | Dec. 31, 2016 |
Debt Instrument [Line Items] | ||
Short-term borrowings | $ 0 | $ 0 |
Reported Value Measurement [Member] | ||
Debt Instrument [Line Items] | ||
Long-term debt | 13,900,000,000 | 13,900,000,000 |
Fair Value, Inputs, Level 2 [Member] | Estimate of Fair Value Measurement [Member] | ||
Debt Instrument [Line Items] | ||
Long-term debt | $ 15,000,000,000 | $ 15,100,000,000 |
Income Taxes (Narrative) (Detai
Income Taxes (Narrative) (Details) $ in Millions | 3 Months Ended | |
Mar. 31, 2017USD ($) | Dec. 31, 2016USD ($) | |
Income Tax Disclosure [Abstract] | ||
Income tax rate | 33.00% | |
Change in income tax percentage | (2.3) | |
Tax benefits related to prior audit years | $ 42 | |
Excess tax benefits for share-based awards that vested during period | 16 | |
Unrecognized tax benefits | 138 | $ 169 |
Unrecognized tax benefits that would impact the effective tax rate | 36 | 67 |
Unrecognized tax benefits that would impact deferred taxes | 102 | 102 |
Possible decrease in unrecognized tax benefits | 77 | |
Valuation allowance | $ 240 | $ 240 |
Contingencies (General Informat
Contingencies (General Information) (Details) | Mar. 31, 2017state |
Commitments and Contingencies Disclosure [Abstract] | |
Number of states that cap bond or require no bond | 47 |
Contingencies (Schedule Of Pend
Contingencies (Schedule Of Pending Cases) (Details) | Apr. 27, 2017casephase | Jul. 31, 2015plantifftrial | Apr. 25, 2016case | Apr. 20, 2015case |
Individual Smoking And Health Cases [Member] | ||||
Loss Contingencies [Line Items] | ||||
Number of unfavorable verdicts partially or entirely reversed on appeal | 62 | 64 | ||
Individual Smoking And Health Cases [Member] | Subsequent Event [Member] | ||||
Loss Contingencies [Line Items] | ||||
Number of unfavorable verdicts partially or entirely reversed on appeal | 80 | |||
ETS Smoking and Health Case, Flight Attendants [Member] | Subsequent Event [Member] | ||||
Loss Contingencies [Line Items] | ||||
Cases excluded | 2,485 | |||
Smoking And Health Class Actions And Aggregated Claims Litigation [Member] | ||||
Loss Contingencies [Line Items] | ||||
Number of unfavorable verdicts partially or entirely reversed on appeal | 5 | 5 | ||
Smoking And Health Class Actions And Aggregated Claims Litigation [Member] | Pending Litigation [Member] | WEST VIRGINIA [Member] | ||||
Loss Contingencies [Line Items] | ||||
Number of plaintiffs | plantiff | 30 | |||
Number of consolidated trials | trial | 6 | |||
Number of plaintiffs per group | plantiff | 5 | |||
Smoking And Health Class Actions And Aggregated Claims Litigation [Member] | Subsequent Event [Member] | ||||
Loss Contingencies [Line Items] | ||||
Number of unfavorable verdicts partially or entirely reversed on appeal | 5 | |||
Smoking And Health Class Actions And Aggregated Claims Litigation [Member] | Subsequent Event [Member] | Pending Litigation [Member] | WEST VIRGINIA [Member] | ||||
Loss Contingencies [Line Items] | ||||
Number of civil actions | 600 | |||
Smoking And Health Class Actions And Aggregated Claims Litigation [Member] | Subsequent Event [Member] | Pending Litigation [Member] | WEST VIRGINIA [Member] | PM USA [Member] | ||||
Loss Contingencies [Line Items] | ||||
Number of civil actions | 344 | |||
Number of trial phases | phase | 2 | |||
Health Care Cost Recovery Actions [Member] | ||||
Loss Contingencies [Line Items] | ||||
Number of unfavorable verdicts partially or entirely reversed on appeal | 1 | 1 | ||
Health Care Cost Recovery Actions [Member] | Subsequent Event [Member] | ||||
Loss Contingencies [Line Items] | ||||
Number of unfavorable verdicts partially or entirely reversed on appeal | 1 | |||
Lights Ultra Lights Class Actions [Member] | ||||
Loss Contingencies [Line Items] | ||||
Number of unfavorable verdicts partially or entirely reversed on appeal | 11 | 12 | ||
Lights Ultra Lights Class Actions [Member] | Subsequent Event [Member] | ||||
Loss Contingencies [Line Items] | ||||
Number of unfavorable verdicts partially or entirely reversed on appeal | 5 | |||
Tobacco Related Cases, Cases Filed on the Asbestos Docket [Member] | Subsequent Event [Member] | ||||
Loss Contingencies [Line Items] | ||||
Number of unfavorable verdicts partially or entirely reversed on appeal | 27 |
Contingencies (Overview of Altr
Contingencies (Overview of Altria Group, Inc. and/or PM USA Tobacco-Related Litigation Narrative) (Details) - case | Apr. 27, 2017 | Dec. 31, 2015 | Mar. 31, 2017 | Apr. 25, 2016 | Apr. 20, 2015 |
Health Care Cost Recovery Actions [Member] | |||||
Loss Contingencies [Line Items] | |||||
Number of cases pending | 1 | 1 | |||
Smoking And Health Class Actions And Aggregated Claims Litigation [Member] | |||||
Loss Contingencies [Line Items] | |||||
Number of cases pending | 5 | 5 | |||
Individual Smoking And Health Cases [Member] | |||||
Loss Contingencies [Line Items] | |||||
Number of cases pending | 62 | 64 | |||
Lights Ultra Lights Class Actions [Member] | |||||
Loss Contingencies [Line Items] | |||||
Number of cases pending | 11 | 12 | |||
Subsequent Event [Member] | Health Care Cost Recovery Actions [Member] | |||||
Loss Contingencies [Line Items] | |||||
Number of cases pending | 1 | ||||
Subsequent Event [Member] | Smoking And Health Class Actions And Aggregated Claims Litigation [Member] | |||||
Loss Contingencies [Line Items] | |||||
Number of cases pending | 5 | ||||
Subsequent Event [Member] | Individual Smoking And Health Cases [Member] | |||||
Loss Contingencies [Line Items] | |||||
Number of cases pending | 80 | ||||
Subsequent Event [Member] | Lights Ultra Lights Class Actions [Member] | |||||
Loss Contingencies [Line Items] | |||||
Number of cases pending | 5 | ||||
Philip Morris USA and Altria Group [Member] | Subsequent Event [Member] | Health Care Cost Recovery Actions [Member] | Canada [Member] | |||||
Loss Contingencies [Line Items] | |||||
Number of cases pending | 8 | ||||
Philip Morris USA and Altria Group [Member] | Subsequent Event [Member] | Smoking And Health Class Actions And Aggregated Claims Litigation [Member] | Canada [Member] | |||||
Loss Contingencies [Line Items] | |||||
Number of cases pending | 7 | ||||
PM USA [Member] | Non Engle Progeny Cases [Member] | |||||
Loss Contingencies [Line Items] | |||||
Number of verdicts returned | 61 | ||||
Number of favorable verdicts | 41 | ||||
Number of unfavorable verdicts | 20 | ||||
Number of claims resolved | 18 | ||||
PM USA [Member] | Non Engle Progeny Cases [Member] | ALASKA [Member] | |||||
Loss Contingencies [Line Items] | |||||
Number of favorable verdicts | 1 | ||||
PM USA [Member] | Non Engle Progeny Cases [Member] | CALIFORNIA [Member] | |||||
Loss Contingencies [Line Items] | |||||
Number of favorable verdicts | 7 | ||||
PM USA [Member] | Non Engle Progeny Cases [Member] | Florida [Member] | |||||
Loss Contingencies [Line Items] | |||||
Number of favorable verdicts | 10 | ||||
Number cases with granted new trial | 1 | ||||
PM USA [Member] | Non Engle Progeny Cases [Member] | LOUISIANA [Member] | |||||
Loss Contingencies [Line Items] | |||||
Number of favorable verdicts | 1 | ||||
PM USA [Member] | Non Engle Progeny Cases [Member] | Massachusetts [Member] | |||||
Loss Contingencies [Line Items] | |||||
Number of favorable verdicts | 2 | ||||
PM USA [Member] | Non Engle Progeny Cases [Member] | MISSISSIPPI [Member] | |||||
Loss Contingencies [Line Items] | |||||
Number of favorable verdicts | 1 | ||||
PM USA [Member] | Non Engle Progeny Cases [Member] | MISSOURI [Member] | |||||
Loss Contingencies [Line Items] | |||||
Number of favorable verdicts | 4 | ||||
PM USA [Member] | Non Engle Progeny Cases [Member] | NEW HAMPSHIRE [Member] | |||||
Loss Contingencies [Line Items] | |||||
Number of favorable verdicts | 1 | ||||
PM USA [Member] | Non Engle Progeny Cases [Member] | NEW JERSEY [Member] | |||||
Loss Contingencies [Line Items] | |||||
Number of favorable verdicts | 1 | ||||
PM USA [Member] | Non Engle Progeny Cases [Member] | NEW YORK [Member] | |||||
Loss Contingencies [Line Items] | |||||
Number of favorable verdicts | 5 | ||||
PM USA [Member] | Non Engle Progeny Cases [Member] | OHIO [Member] | |||||
Loss Contingencies [Line Items] | |||||
Number of favorable verdicts | 2 | ||||
PM USA [Member] | Non Engle Progeny Cases [Member] | PENNSYLVANIA [Member] | |||||
Loss Contingencies [Line Items] | |||||
Number of favorable verdicts | 1 | ||||
PM USA [Member] | Non Engle Progeny Cases [Member] | RHODE ISLAND [Member] | |||||
Loss Contingencies [Line Items] | |||||
Number of favorable verdicts | 1 | ||||
PM USA [Member] | Non Engle Progeny Cases [Member] | TENNESSEE [Member] | |||||
Loss Contingencies [Line Items] | |||||
Number of favorable verdicts | 2 | ||||
PM USA [Member] | Non Engle Progeny Cases [Member] | WEST VIRGINIA [Member] | |||||
Loss Contingencies [Line Items] | |||||
Number of favorable verdicts | 2 | ||||
PM USA [Member] | Engle Progeny Cases, Federal [Member] | |||||
Loss Contingencies [Line Items] | |||||
Number of claims resolved | 415 | ||||
PM USA [Member] | Subsequent Event [Member] | Health Care Cost Recovery Actions [Member] | Canada [Member] | |||||
Loss Contingencies [Line Items] | |||||
Number of cases pending | 10 | ||||
PM USA [Member] | Subsequent Event [Member] | Engle Progeny Cases [Member] | |||||
Loss Contingencies [Line Items] | |||||
Number of cases pending | 3 | ||||
Number of cases set for trial | 6 | ||||
Number of verdicts returned | 108 | ||||
Number of favorable verdicts | 45 | ||||
Number of unfavorable verdicts | 60 | ||||
PM USA [Member] | Subsequent Event [Member] | Individual Smoking And Health Cases [Member] | |||||
Loss Contingencies [Line Items] | |||||
Number of cases set for trial | 0 | ||||
PM USA [Member] | Subsequent Event [Member] | Lights Ultra Lights Class Actions [Member] | |||||
Loss Contingencies [Line Items] | |||||
Number of cases set for trial | 0 | ||||
PM USA [Member] | Subsequent Event [Member] | Engle Progeny Cases, Federal [Member] | |||||
Loss Contingencies [Line Items] | |||||
Number of cases pending | 13 | ||||
Number of favorable verdicts | 9 |
Contingencies (Judgments Paid a
Contingencies (Judgments Paid and Provisions for Tobacco and Health Litigation) (Details) - USD ($) $ in Millions | 1 Months Ended | 3 Months Ended | 12 Months Ended | 150 Months Ended | ||
May 31, 2016 | May 31, 2001 | Mar. 31, 2017 | Mar. 31, 2016 | Dec. 31, 2015 | Mar. 31, 2017 | |
Loss Contingency Accrual [Roll Forward] | ||||||
Accrued liability for tobacco and health litigation items at beginning of period | $ 47 | $ 132 | ||||
Payments | (1) | (17) | ||||
Accrued liability for tobacco and health litigation items at end of period | 47 | 153 | $ 132 | $ 47 | ||
Aspinall [Member] | ||||||
Loss Contingencies [Line Items] | ||||||
Litigation settlement interest expense (income) | 10 | |||||
Interest Expense Related To Litigation [Member] | ||||||
Loss Contingency Accrual [Roll Forward] | ||||||
Pre-tax charges | 0 | 2 | ||||
Tobacco and Health Judgment [Member] | ||||||
Loss Contingencies [Line Items] | ||||||
Judgments paid | 474 | |||||
Litigation settlement interest expense (income) | 183 | |||||
Tobacco and Health Judgment [Member] | Litigation Cases Results [Member] | ||||||
Loss Contingency Accrual [Roll Forward] | ||||||
Pre-tax charges | 1 | 4 | ||||
Aspinall [Member] | ||||||
Loss Contingency Accrual [Roll Forward] | ||||||
Payments | $ (32) | |||||
Aspinall [Member] | Litigation Cases Results [Member] | ||||||
Loss Contingency Accrual [Roll Forward] | ||||||
Pre-tax charges | 0 | 32 | ||||
Engle Progeny Cases [Member] | ||||||
Loss Contingencies [Line Items] | ||||||
Judgments paid | 83 | |||||
Litigation settlement interest expense (income) | 21 | |||||
PM USA [Member] | Aspinall [Member] | ||||||
Loss Contingency Accrual [Roll Forward] | ||||||
Pre-tax charges | $ 32 | |||||
PM USA [Member] | Engle Progeny Cases [Member] | ||||||
Loss Contingencies [Line Items] | ||||||
Payments made | $ 500 | |||||
PM USA [Member] | Engle Progeny Cases, Federal [Member] | ||||||
Loss Contingencies [Line Items] | ||||||
Payments made | $ 43 | 43 | ||||
Other Assets [Member] | Pending Litigation [Member] | PM USA [Member] | ||||||
Loss Contingencies [Line Items] | ||||||
Security posted for appeal of judgments | $ 92 | $ 92 |
Contingencies (Non-Eagle Progen
Contingencies (Non-Eagle Progeny Litigation) (Details) $ in Thousands | Dec. 31, 2015USD ($) |
Non-Engle Progeny Smoking and Health Case, Bullock [Member] | PM USA [Member] | |
Loss Contingencies [Line Items] | |
Compensatory damages awarded | $ 900 |
Contingencies (Engle Class Acti
Contingencies (Engle Class Action And Engle Progeny Trial Results) (Details) | Apr. 27, 2017USD ($)case | Feb. 29, 2008USD ($) | Jul. 31, 2006USD ($)plantiff | May 31, 2001USD ($) | Mar. 31, 2017USD ($) | Mar. 31, 2016USD ($) | Dec. 31, 2015USD ($)case | Mar. 31, 2017USD ($) | Jul. 31, 2000USD ($) |
Loss Contingencies [Line Items] | |||||||||
Payments made related to litigation | $ | $ 1,000,000 | $ 17,000,000 | |||||||
Engle Progeny Cases [Member] | |||||||||
Loss Contingencies [Line Items] | |||||||||
Punitive damages awarded | $ | $ 145,000,000,000 | ||||||||
Engle Progeny Cases [Member] | PM USA [Member] | |||||||||
Loss Contingencies [Line Items] | |||||||||
Punitive damages awarded | $ | $ 74,000,000,000 | ||||||||
Amounts placed in escrow | $ | $ 500,000,000 | ||||||||
Period for members of decertified class to file individual actions against defendants | 1 year | ||||||||
Engle Progeny Cases [Member] | PM USA [Member] | Subsequent Event [Member] | |||||||||
Loss Contingencies [Line Items] | |||||||||
Number of cases pending | 3 | ||||||||
Number of verdicts returned | 108 | ||||||||
Number of unfavorable verdicts | 60 | ||||||||
Number of favorable verdicts | 45 | ||||||||
Engle Progeny Cases, Federal [Member] | PM USA [Member] | |||||||||
Loss Contingencies [Line Items] | |||||||||
Amounts placed in escrow | $ | $ 43,000,000 | $ 43,000,000 | |||||||
Number of claims resolved | 415 | ||||||||
Engle Progeny Cases, Federal [Member] | PM USA [Member] | Subsequent Event [Member] | |||||||||
Loss Contingencies [Line Items] | |||||||||
Number of cases pending | 13 | ||||||||
Number of favorable verdicts | 9 | ||||||||
Engle Progeny Cases, State [Member] | Subsequent Event [Member] | |||||||||
Loss Contingencies [Line Items] | |||||||||
Number of cases pending | 2,600 | ||||||||
Number of plaintiffs | 3,400 | ||||||||
Engle Progeny Cases, State [Member] | PM USA [Member] | Subsequent Event [Member] | |||||||||
Loss Contingencies [Line Items] | |||||||||
Number of favorable verdicts | 36 | ||||||||
Engle Progeny Cases, Reider and Banks [Member] | PM USA [Member] | Subsequent Event [Member] | |||||||||
Loss Contingencies [Line Items] | |||||||||
Damages awarded, value | $ | $ 0 | ||||||||
Engle Progeny Cases, Weingart and Hancock [Member] | PM USA [Member] | Subsequent Event [Member] | |||||||||
Loss Contingencies [Line Items] | |||||||||
Damages awarded, value | $ | $ 0 | ||||||||
Florida [Member] | Engle Progeny Cases, State [Member] | PM USA [Member] | |||||||||
Loss Contingencies [Line Items] | |||||||||
Compensatory damages awarded | $ | $ 6,900,000 | ||||||||
Number of individual plaintiffs reinstated | plantiff | 2 | ||||||||
Payments made related to litigation | $ | $ 3,000,000 |
Contingencies (Engle Progeny Ca
Contingencies (Engle Progeny Cases Trial Results - Pending and Concluded) (Details) - USD ($) | 1 Months Ended | 3 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
Apr. 30, 2017 | Feb. 28, 2017 | Jun. 30, 2016 | Feb. 29, 2016 | Oct. 31, 2012 | Aug. 31, 2012 | Mar. 31, 2017 | Dec. 31, 2016 | Mar. 31, 2016 | Sep. 30, 2015 | Mar. 31, 2013 | Nov. 30, 2016 | Sep. 30, 2016 | Jul. 31, 2016 | Apr. 30, 2016 | Jan. 31, 2016 | Dec. 31, 2015 | Nov. 30, 2015 | Oct. 31, 2015 | Aug. 31, 2015 | Jul. 31, 2015 | Jun. 30, 2015 | May 31, 2015 | Mar. 31, 2015 | Feb. 28, 2015 | Jan. 31, 2015 | Nov. 30, 2014 | Oct. 31, 2014 | Sep. 30, 2014 | Jul. 31, 2014 | Jun. 30, 2014 | May 31, 2014 | Mar. 31, 2014 | Dec. 31, 2013 | Oct. 31, 2013 | Sep. 30, 2013 | Jun. 30, 2013 | May 31, 2013 | Apr. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2012 | Jun. 30, 2012 | May 31, 2012 | Apr. 30, 2012 | Jan. 31, 2012 | Dec. 31, 2011 | Nov. 30, 2010 | Oct. 31, 2010 | Aug. 31, 2010 | Jul. 31, 2010 | Apr. 30, 2010 | Mar. 31, 2010 | Nov. 30, 2009 | Jul. 31, 2009 | Feb. 28, 2009 | Jul. 31, 2000 | |
Loss Contingencies [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Payments made related to litigation | $ 1,000,000 | $ 17,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
Engle Progeny Cases [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Punitive damages awarded | $ 145,000,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Engle Progeny Cases [Member] | PM USA [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Punitive damages awarded | $ 74,000,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Engle Progeny Cases, Sommers [Member] | Pending Litigation [Member] | Subsequent Event [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages awarded | $ 1,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Engle Progeny Cases, Sommers [Member] | Pending Litigation [Member] | PM USA [Member] | Subsequent Event [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages award, allocation percentage | 40.00% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Engle Progeny Cases, Santoro [Member] | Pending Litigation [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages awarded | 1,600,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Engle Progeny Cases, Santoro [Member] | Pending Litigation [Member] | PM USA [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages awarded | $ 450,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages award, allocation percentage | 28.00% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Punitive damages awarded | $ 100,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Engle Progeny Cases, J. Brown [Member] | Pending Litigation [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages awarded | $ 5,400,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Engle Progeny Cases, J. Brown [Member] | Pending Litigation [Member] | PM USA [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages award, allocation percentage | 35.00% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Punitive damages awarded | $ 200,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Engle Progeny Cases, Pardue [Member] | Pending Litigation [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages awarded | $ 5,900,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Engle Progeny Cases, Pardue [Member] | Pending Litigation [Member] | PM USA [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages awarded | 5,200,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages award, allocation percentage | 25.00% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Punitive damages awarded | $ 6,750,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Engle Progeny Cases, Martin [Member] | Pending Litigation [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages awarded | $ 5,400,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Engle Progeny Cases, Martin [Member] | Pending Litigation [Member] | PM USA [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages awarded | $ 2,480,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages award, allocation percentage | 46.00% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Punitive damages awarded | $ 450,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Appeal bond posted | 2,900,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Engle Progeny Cases, Howles [Member] | Pending Litigation [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages awarded | 4,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Engle Progeny Cases, Howles [Member] | Pending Litigation [Member] | PM USA [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages awarded | $ 2,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages award, allocation percentage | 50.00% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Punitive damages awarded | $ 3,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Engle Progeny Cases, Oshinsky-Blacker [Member] | Pending Litigation [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages awarded | $ 6,155,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Engle Progeny Cases, Oshinsky-Blacker [Member] | Pending Litigation [Member] | PM USA [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages awarded | $ 3,700,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages award, allocation percentage | 60.00% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Punitive damages awarded | $ 1,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Engle Progeny Cases, Sermons [Member] | Pending Litigation [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages awarded | $ 65,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Engle Progeny Cases, Sermons [Member] | Pending Litigation [Member] | PM USA [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages awarded | $ 9,750 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages award, allocation percentage | 15.00% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Punitive damages awarded | $ 51,225 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Engle Progeny Cases, Purdo [Member] | Pending Litigation [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages awarded | $ 21,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Engle Progeny Cases, Purdo [Member] | Pending Litigation [Member] | PM USA [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages awarded | $ 2,520,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages award, allocation percentage | 12.00% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Punitive damages awarded | $ 6,250,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Appeal bond posted | $ 1,500,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Engle Progeny Cases, McCall [Member] | Pending Litigation [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages awarded | 350,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Engle Progeny Cases, McCall [Member] | Pending Litigation [Member] | PM USA [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages awarded | $ 87,500 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages award, allocation percentage | 25.00% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Engle Progeny Cases, Ahrens [Member] | Pending Litigation [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages awarded | $ 9,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Appeal bond posted | $ 2,500,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Engle Progeny Cases, Ahrens [Member] | Pending Litigation [Member] | PM USA [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages award, allocation percentage | 24.00% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Punitive damages awarded | $ 2,500,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Engle Progeny Cases, Ledoux [Member] | Pending Litigation [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages awarded | $ 10,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Punitive damages awarded | $ 12,500,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Appeal bond posted | $ 2,500,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Engle Progeny Cases, Ledoux [Member] | Pending Litigation [Member] | PM USA [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages award, allocation percentage | 47.00% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Engle Progeny Cases, Barbose [Member] | Pending Litigation [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages awarded | $ 10,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Punitive damages awarded | $ 500,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Appeal bond posted | 2,500,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Engle Progeny Cases, Barbose [Member] | Pending Litigation [Member] | PM USA [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages award, allocation percentage | 42.50% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Engle Progeny Cases, Tognoli [Member] | Pending Litigation [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages awarded | $ 1,050,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Engle Progeny Cases, Tognoli [Member] | Pending Litigation [Member] | PM USA [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages awarded | $ 157,500 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages award, allocation percentage | 15.00% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Engle Progeny Cases, Danielson [Member] | Pending Litigation [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages awarded | $ 325,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Punitive damages awarded | 325,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Economic damages sought | $ 2,300,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Engle Progeny Cases, Danielson [Member] | Pending Litigation [Member] | PM USA [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages award, allocation percentage | 49.00% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Engle Progeny Cases, Marchese [Member] | Pending Litigation [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages awarded | $ 1,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Punitive damages awarded | 250,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Engle Progeny Cases, Marchese [Member] | Pending Litigation [Member] | PM USA [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages awarded | $ 225,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages award, allocation percentage | 22.50% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Appeal bond posted | 475,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Engle Progeny Cases, Duignan [Member] | Pending Litigation [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages awarded | $ 6,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Appeal bond posted | $ 2,700,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Engle Progeny Cases, Duignan [Member] | Pending Litigation [Member] | PM USA [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages award, allocation percentage | 37.00% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Punitive damages awarded | $ 3,500,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Engle Progeny Cases, Cooper [Member] | Pending Litigation [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages awarded | 4,500,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Engle Progeny Cases, Cooper [Member] | Pending Litigation [Member] | PM USA [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages awarded | 300,000 | $ 450,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages award, allocation percentage | 10.00% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Appeal bond posted | 300,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Engle Progeny Cases, Jordan [Member] | Pending Litigation [Member] | PM USA [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages awarded | $ 7,800,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages award, allocation percentage | 60.00% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Punitive damages awarded | $ 3,200,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Reduced compensatory awards | $ 6,400,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Engle Progeny Cases, McCoy [Member] | Pending Litigation [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages awarded | $ 1,500,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Engle Progeny Cases, McCoy [Member] | Pending Litigation [Member] | PM USA [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages awarded | $ 300,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages award, allocation percentage | 20.00% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Punitive damages awarded | $ 3,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Appeal bond posted | $ 1,650,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Engle Progeny Cases, M. Brown [Member] | Pending Litigation [Member] | PM USA [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages awarded | $ 6,375,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Appeal bond posted | $ 5,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Engle Progeny Cases, Gore [Member] | Pending Litigation [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages awarded | $ 2,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Engle Progeny Cases, Gore [Member] | Pending Litigation [Member] | PM USA [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages awarded | $ 460,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages award, allocation percentage | 23.00% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Appeal bond posted | $ 460,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Engle Progeny Cases, Pollari [Member] | Pending Litigation [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages awarded | $ 10,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Engle Progeny Cases, Pollari [Member] | Pending Litigation [Member] | PM USA [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages awarded | $ 4,250,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages award, allocation percentage | 42.50% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Punitive damages awarded | $ 1,500,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Appeal bond posted | 2,500,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Engle Progeny Cases, Zamboni [Member] | Pending Litigation [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages awarded | $ 340,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Engle Progeny Cases, Zamboni [Member] | Pending Litigation [Member] | PM USA [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages awarded | $ 34,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages award, allocation percentage | 10.00% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Engle Progeny Cases, Caprio [Member] | Pending Litigation [Member] | PM USA [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages award, allocation percentage | 25.00% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Economic damages awarded | $ 559,172 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Engle Progeny Cases, McKeever [Member] | Pending Litigation [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Punitive damages awarded | 11,630,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Engle Progeny Cases, McKeever [Member] | Pending Litigation [Member] | PM USA [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages awarded | $ 5,800,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages award, allocation percentage | 60.00% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Appeal bond posted | $ 5,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Engle Progeny Cases, D. Brown [Member] | Pending Litigation [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Punitive damages awarded | $ 9,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Engle Progeny Cases, D. Brown [Member] | Pending Litigation [Member] | PM USA [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages awarded | $ 8,300,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages award, allocation percentage | 55.00% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Engle Progeny Cases, Allen [Member] | Pending Litigation [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages awarded | $ 3,100,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Engle Progeny Cases, Allen [Member] | Pending Litigation [Member] | PM USA [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages awarded | $ 6,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages award, allocation percentage | 6.00% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Punitive damages awarded | $ 7,760,000 | $ 17,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
Appeal bond posted | $ 2,500,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Engle Progeny Cases, Perrotto [Member] | Pending Litigation [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages awarded | 4,100,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Engle Progeny Cases, Perrotto [Member] | Pending Litigation [Member] | PM USA [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages awarded | $ 1,020,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages award, allocation percentage | 25.00% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Engle Progeny Cases, Boatright [Member] | Pending Litigation [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages awarded | $ 15,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Punitive damages awarded against co-defendant | 300,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Engle Progeny Cases, Boatright [Member] | Pending Litigation [Member] | PM USA [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages awarded | $ 12,750,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages award, allocation percentage | 85.00% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Punitive damages awarded | $ 19,700,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Appeal bond posted | $ 3,980,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Engle Progeny Cases, Kerrivan [Member] | Pending Litigation [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages awarded | $ 15,800,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Punitive damages awarded | $ 25,300,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Engle Progeny Cases, Kerrivan [Member] | Pending Litigation [Member] | PM USA [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages award, allocation percentage | 50.00% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Punitive damages awarded | $ 15,700,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Engle Progeny Cases, Lourie [Member] | Pending Litigation [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages awarded | 1,370,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Engle Progeny Cases, Lourie [Member] | Pending Litigation [Member] | PM USA [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages awarded | $ 370,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages award, allocation percentage | 27.00% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Appeal bond posted | $ 370,318 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Engle Progeny Cases, Berger [Member] | Pending Litigation [Member] | PM USA [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages awarded | $ 6,250,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages award, allocation percentage | 60.00% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Punitive damages awarded | $ 20,760,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Engle Progeny Cases, Harris [Member] | Pending Litigation [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages awarded | $ 1,730,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Engle Progeny Cases, Harris [Member] | Pending Litigation [Member] | PM USA [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages award, allocation percentage | 15.00% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Engle Progeny Cases, Griffin [Member] | Pending Litigation [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages awarded | $ 1,270,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Engle Progeny Cases, Griffin [Member] | Pending Litigation [Member] | PM USA [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages awarded | $ 630,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages award, allocation percentage | 50.00% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Appeal bond posted | $ 640,543 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Engle Progeny Cases, Burkhart [Member] | Pending Litigation [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages awarded | $ 5,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Punitive damages awarded | $ 2,500,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Engle Progeny Cases, Burkhart [Member] | Pending Litigation [Member] | PM USA [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages award, allocation percentage | 15.00% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Punitive damages awarded | $ 750,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Engle Progeny Cases, Skolnick [Member] | Pending Litigation [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages awarded | $ 2,555,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Engle Progeny Cases, Skolnick [Member] | Pending Litigation [Member] | PM USA [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages awarded | $ 766,500 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages award, allocation percentage | 30.00% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Appeal bond posted | $ 766,500 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Engle Progeny Cases, Starr-Blundell [Member] | Pending Litigation [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages awarded | $ 500,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Engle Progeny Cases, Starr-Blundell [Member] | Pending Litigation [Member] | PM USA [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages awarded | $ 50,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages award, allocation percentage | 10.00% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Provision related to litigation recorded | 55,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Engle Progeny Cases, Graham [Member] | Pending Litigation [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages awarded | $ 2,750,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Engle Progeny Cases, Graham [Member] | Pending Litigation [Member] | PM USA [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages awarded | $ 275,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages award, allocation percentage | 10.00% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Appeal bond posted | $ 277,750 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Engle Progeny Cases, Searcy [Member] | Pending Litigation [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages awarded | $ 1,000,000 | $ 6,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
Engle Progeny Cases, Searcy [Member] | Pending Litigation [Member] | PM USA [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages award, allocation percentage | 30.00% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Punitive damages awarded | $ 1,670,000 | $ 10,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
Appeal bond posted | $ 2,200,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Engle Progeny Cases, Calloway [Member] | Pending Litigation [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages awarded | $ 21,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Engle Progeny Cases, Calloway [Member] | Pending Litigation [Member] | PM USA [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages awarded | $ 16,100,000 | 4,025,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages award, allocation percentage | 25.00% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Punitive damages awarded | $ 17,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Appeal bond posted | $ 1,500,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Engle Progeny Cases, Calloway [Member] | Pending Litigation [Member] | R.J. Reynolds [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Punitive damages awarded against co-defendant | 17,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Engle Progeny Cases, Calloway [Member] | Pending Litigation [Member] | Lorillard [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Punitive damages awarded against co-defendant | 13,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Engle Progeny Cases, Calloway [Member] | Pending Litigation [Member] | Liggett Group [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Punitive damages awarded against co-defendant | 8,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Engle Progeny Cases, Putney [Member] | Pending Litigation [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages awarded | $ 15,100,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Engle Progeny Cases, Putney [Member] | Pending Litigation [Member] | PM USA [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages awarded | $ 2,300,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages award, allocation percentage | 15.00% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Punitive damages awarded | $ 2,500,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Appeal bond posted | $ 1,600,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Engle Progeny Cases, Naugle [Member] | Pending Litigation [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages awarded | 3,700,000 | $ 12,300,000 | $ 13,000,000 | $ 56,600,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
Punitive damages awarded | $ 7,500,000 | $ 24,500,000 | 26,000,000 | $ 244,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
Engle Progeny Cases, Naugle [Member] | Pending Litigation [Member] | PM USA [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages award, allocation percentage | 90.00% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Appeal bond posted | $ 5,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Engle Progeny Cases, Merino [Member] | Pending Litigation [Member] | PM USA [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages awarded | $ 8,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages award, allocation percentage | 70.00% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Punitive damages awarded | $ 6,500,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Appeal bond posted | 14,500,000 | 5,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
Provision related to litigation recorded | $ 16,900,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Engle Progeny Cases, Merino [Member] | Settled Litigation [Member] | PM USA [Member] | Subsequent Event [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Payments made related to litigation | $ 17,400,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Engle Progeny Cases, Varner [Member] | Pending Litigation [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages awarded | 1,500,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Engle Progeny Cases, Varner [Member] | Pending Litigation [Member] | PM USA [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages awarded | $ 375,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages award, allocation percentage | 25.00% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Engle Progeny Cases, Varner [Member] | Settled Litigation [Member] | PM USA [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Payments made related to litigation | $ 600,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Engle Progeny Cases, Hancock [Member] | Pending Litigation [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages awarded | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Damages awarded, value | $ 110,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Engle Progeny Cases, Hancock [Member] | Pending Litigation [Member] | PM USA [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages award, allocation percentage | 5.00% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Economic damages awarded | $ 700 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Damages sought, value | $ 20,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Engle Progeny Cases, R. Cohen [Member] | Pending Litigation [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages awarded | 10,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Punitive damages awarded | 20,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Engle Progeny Cases, R. Cohen [Member] | Pending Litigation [Member] | PM USA [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages awarded | $ 3,300,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages award, allocation percentage | 33.30% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Punitive damages awarded | $ 10,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Appeal bond posted | 7,500,000 | $ 2,500,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
Provision related to litigation recorded | 17,900,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Engle Progeny Cases, R. Cohen [Member] | Settled Litigation [Member] | PM USA [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Payments made related to litigation | 19,100,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Engle Progeny Cases, Buchanan [Member] | Pending Litigation [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages awarded | $ 5,500,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Engle Progeny Cases, Buchanan [Member] | Pending Litigation [Member] | PM USA [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages award, allocation percentage | 37.00% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Appeal bond posted | 5,500,000 | $ 2,500,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
Provision related to litigation recorded | 4,100,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Engle Progeny Cases, Buchanan [Member] | Settled Litigation [Member] | PM USA [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Payments made related to litigation | 4,400,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Engle Progeny Cases, Hallgren [Member] | Pending Litigation [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages awarded | $ 2,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Engle Progeny Cases, Hallgren [Member] | Pending Litigation [Member] | PM USA [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages awarded | $ 500,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages award, allocation percentage | 25.00% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Punitive damages awarded | $ 750,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Appeal bond posted | $ 500,000 | $ 1,250,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
Provision related to litigation recorded | 2,200,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Engle Progeny Cases, Hallgren [Member] | Settled Litigation [Member] | PM USA [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Payments made related to litigation | 2,300,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Engle Progeny Cases, Kayton (Formerly Tate) [Member] | Pending Litigation [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages awarded | $ 8,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Engle Progeny Cases, Kayton (Formerly Tate) [Member] | Pending Litigation [Member] | PM USA [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages awarded | $ 5,100,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages award, allocation percentage | 64.00% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Punitive damages awarded | $ 16,200,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Appeal bond posted | 15,000,000 | $ 5,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
Provision related to litigation recorded | 28,200,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Engle Progeny Cases, Kayton (Formerly Tate) [Member] | Settled Litigation [Member] | PM USA [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Payments made related to litigation | 30,100,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Engle Progeny Cases, Bowden [Member] | Pending Litigation [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages awarded | $ 5,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Engle Progeny Cases, Bowden [Member] | Pending Litigation [Member] | PM USA [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages awarded | $ 1,500,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages award, allocation percentage | 30.00% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Appeal bond posted | $ 1,500,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Provision related to litigation recorded | $ 1,600,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Engle Progeny Cases, Bowden [Member] | Settled Litigation [Member] | PM USA [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Payments made related to litigation | 2,700,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Engle Progeny Cases, Hess [Member] | Settled Litigation [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages awarded | $ 3,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Punitive damages awarded | 5,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Engle Progeny Cases, Hess [Member] | Settled Litigation [Member] | PM USA [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages awarded | $ 1,260,000 | $ 1,200,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensatory damages award, allocation percentage | 42.00% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Appeal bond posted | $ 7,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Provision related to litigation recorded | $ 6,600,000 | $ 3,200,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
Payments made related to litigation | $ 843,261 | $ 10,600,000 |
Contingencies (Florida Bond Sta
Contingencies (Florida Bond Statute) (Details) - Engle Progeny Cases, State [Member] | 1 Months Ended |
Jun. 30, 2009USD ($)case | |
Florida [Member] | |
Loss Contingencies [Line Items] | |
Maximum bond required by all defendants | $ | $ 200,000,000 |
Alachua County, Florida [Member] | |
Loss Contingencies [Line Items] | |
Number of cases in which plaintiffs that challenged constitutionality of bond cap statute | 3 |
Escambia County, Florida [Member] | |
Loss Contingencies [Line Items] | |
Number of cases in which plaintiffs that challenged constitutionality of bond cap statute | 1 |
Contingencies (Other Smoking an
Contingencies (Other Smoking and Health Class Actions) (Details) - case | 252 Months Ended | |||
Mar. 31, 2017 | Apr. 27, 2017 | Apr. 25, 2016 | Apr. 20, 2015 | |
Smoking And Health Class Actions And Aggregated Claims Litigation [Member] | ||||
Loss Contingencies [Line Items] | ||||
Number of cases pending | 5 | 5 | ||
Smoking And Health Class Actions And Aggregated Claims Litigation [Member] | Subsequent Event [Member] | ||||
Loss Contingencies [Line Items] | ||||
Number of cases pending | 5 | |||
Medical Monitoring Class Actions | ||||
Loss Contingencies [Line Items] | ||||
Number of cases pending | 1 | |||
PM USA [Member] | Smoking And Health Class Actions And Aggregated Claims Litigation [Member] | ||||
Loss Contingencies [Line Items] | ||||
Number of claims dismissed | 60 | |||
ARKANSAS [Member] | PM USA [Member] | Smoking And Health Class Actions And Aggregated Claims Litigation [Member] | ||||
Loss Contingencies [Line Items] | ||||
Number of claims dismissed | 1 | |||
CALIFORNIA [Member] | PM USA [Member] | Smoking And Health Class Actions And Aggregated Claims Litigation [Member] | ||||
Loss Contingencies [Line Items] | ||||
Number of claims dismissed | 1 | |||
DISTRICT OF COLUMBIA [Member] | PM USA [Member] | Smoking And Health Class Actions And Aggregated Claims Litigation [Member] | ||||
Loss Contingencies [Line Items] | ||||
Number of claims dismissed | 2 | |||
Florida [Member] | PM USA [Member] | Smoking And Health Class Actions And Aggregated Claims Litigation [Member] | ||||
Loss Contingencies [Line Items] | ||||
Number of claims dismissed | 2 | |||
ILLINOIS [Member] | PM USA [Member] | Smoking And Health Class Actions And Aggregated Claims Litigation [Member] | ||||
Loss Contingencies [Line Items] | ||||
Number of claims dismissed | 3 | |||
IOWA [Member] | PM USA [Member] | Smoking And Health Class Actions And Aggregated Claims Litigation [Member] | ||||
Loss Contingencies [Line Items] | ||||
Number of claims dismissed | 1 | |||
KANSAS [Member] | PM USA [Member] | Smoking And Health Class Actions And Aggregated Claims Litigation [Member] | ||||
Loss Contingencies [Line Items] | ||||
Number of claims dismissed | 1 | |||
LOUISIANA [Member] | PM USA [Member] | Smoking And Health Class Actions And Aggregated Claims Litigation [Member] | ||||
Loss Contingencies [Line Items] | ||||
Number of claims dismissed | 1 | |||
MARYLAND [Member] | PM USA [Member] | Smoking And Health Class Actions And Aggregated Claims Litigation [Member] | ||||
Loss Contingencies [Line Items] | ||||
Number of claims dismissed | 1 | |||
MICHIGAN [Member] | PM USA [Member] | Smoking And Health Class Actions And Aggregated Claims Litigation [Member] | ||||
Loss Contingencies [Line Items] | ||||
Number of claims dismissed | 1 | |||
MINNESOTA [Member] | PM USA [Member] | Smoking And Health Class Actions And Aggregated Claims Litigation [Member] | ||||
Loss Contingencies [Line Items] | ||||
Number of claims dismissed | 1 | |||
NEVADA [Member] | PM USA [Member] | Smoking And Health Class Actions And Aggregated Claims Litigation [Member] | ||||
Loss Contingencies [Line Items] | ||||
Number of claims dismissed | 29 | |||
NEW JERSEY [Member] | PM USA [Member] | Smoking And Health Class Actions And Aggregated Claims Litigation [Member] | ||||
Loss Contingencies [Line Items] | ||||
Number of claims dismissed | 6 | |||
NEW YORK [Member] | PM USA [Member] | Smoking And Health Class Actions And Aggregated Claims Litigation [Member] | ||||
Loss Contingencies [Line Items] | ||||
Number of claims dismissed | 2 | |||
OHIO [Member] | PM USA [Member] | Smoking And Health Class Actions And Aggregated Claims Litigation [Member] | ||||
Loss Contingencies [Line Items] | ||||
Number of claims dismissed | 1 | |||
OKLAHOMA [Member] | PM USA [Member] | Smoking And Health Class Actions And Aggregated Claims Litigation [Member] | ||||
Loss Contingencies [Line Items] | ||||
Number of claims dismissed | 1 | |||
OREGON [Member] | PM USA [Member] | Smoking And Health Class Actions And Aggregated Claims Litigation [Member] | ||||
Loss Contingencies [Line Items] | ||||
Number of claims dismissed | 1 | |||
PENNSYLVANIA [Member] | PM USA [Member] | Smoking And Health Class Actions And Aggregated Claims Litigation [Member] | ||||
Loss Contingencies [Line Items] | ||||
Number of claims dismissed | 1 | |||
PUERTO RICO [Member] | PM USA [Member] | Smoking And Health Class Actions And Aggregated Claims Litigation [Member] | ||||
Loss Contingencies [Line Items] | ||||
Number of claims dismissed | 1 | |||
SOUTH CAROLINA [Member] | PM USA [Member] | Smoking And Health Class Actions And Aggregated Claims Litigation [Member] | ||||
Loss Contingencies [Line Items] | ||||
Number of claims dismissed | 1 | |||
TEXAS [Member] | PM USA [Member] | Smoking And Health Class Actions And Aggregated Claims Litigation [Member] | ||||
Loss Contingencies [Line Items] | ||||
Number of claims dismissed | 1 | |||
WISCONSIN [Member] | PM USA [Member] | Smoking And Health Class Actions And Aggregated Claims Litigation [Member] | ||||
Loss Contingencies [Line Items] | ||||
Number of claims dismissed | 1 | |||
Canada [Member] | Philip Morris USA and Altria Group [Member] | Smoking And Health Class Actions And Aggregated Claims Litigation [Member] | Subsequent Event [Member] | ||||
Loss Contingencies [Line Items] | ||||
Number of cases pending | 7 | |||
BRITISH COLUMBIA [Member] | Philip Morris USA and Altria Group [Member] | Smoking And Health Class Actions And Aggregated Claims Litigation [Member] | Subsequent Event [Member] | ||||
Loss Contingencies [Line Items] | ||||
Number of cases pending | 2 |
Contingencies (Health Care Cost
Contingencies (Health Care Cost Recovery Litigation) (Details) | 1 Months Ended | 3 Months Ended | |||
Nov. 30, 1998USD ($)state | Mar. 31, 2017USD ($)case | Mar. 31, 2016USD ($) | Apr. 25, 2016case | Apr. 20, 2015case | |
Loss Contingencies [Line Items] | |||||
Litigation settlement, amount | $ | $ 1,200,000,000 | ||||
Health Care Cost Recovery Actions [Member] | |||||
Loss Contingencies [Line Items] | |||||
Number of cases pending | 1 | 1 | |||
Number of states with settled litigation | state | 46 | ||||
State Settlement Agreements annual payments | $ | $ 9,400,000,000 | ||||
State Settlement Agreements attorney fees annual cap | $ | $ 500,000,000 | ||||
Litigation settlement, amount | $ | $ 1,100,000,000 | ||||
NEW YORK [Member] | Health Care Cost Recovery Actions, Medicare as Secondary Payer Case [Member] | |||||
Loss Contingencies [Line Items] | |||||
Number of claims dismissed | 2 | ||||
Florida [Member] | Health Care Cost Recovery Actions, Medicare as Secondary Payer Case [Member] | |||||
Loss Contingencies [Line Items] | |||||
Number of claims dismissed | 2 | ||||
Massachusetts [Member] | Health Care Cost Recovery Actions, Medicare as Secondary Payer Case [Member] | |||||
Loss Contingencies [Line Items] | |||||
Number of claims dismissed | 1 | ||||
Canada [Member] | Threatened Litigation [Member] | Health Care Cost Recovery Actions [Member] | |||||
Loss Contingencies [Line Items] | |||||
Number of cases pending | 10 |
Contingencies (2003-2014 NPM Ad
Contingencies (2003-2014 NPM Adjustment Disputes - Settlement with 26 States and Territories and Settlement with New York) (Details) | 1 Months Ended | 3 Months Ended | 12 Months Ended | ||||||
Apr. 30, 2017USD ($)plantiff | Nov. 30, 1998USD ($)state | Jun. 30, 2017USD ($)plantiff | Mar. 31, 2017USD ($)state | Dec. 31, 2016USD ($) | Mar. 31, 2016USD ($) | Sep. 30, 2015USD ($) | Dec. 31, 2016USD ($)plantiff | Jun. 30, 2016USD ($) | |
Loss Contingencies [Line Items] | |||||||||
Litigation settlement, amount | $ 1,200,000,000 | ||||||||
Other liabilities | $ 431,000,000 | $ 427,000,000 | $ 427,000,000 | ||||||
Health Care Cost Recovery Actions [Member] | |||||||||
Loss Contingencies [Line Items] | |||||||||
Number of states with settled litigation | state | 46 | ||||||||
Litigation settlement, amount | 1,100,000,000 | ||||||||
State Settlement Agreements annual payments | $ 9,400,000,000 | ||||||||
State Settlement Agreements attorney fees annual cap | $ 500,000,000 | ||||||||
PM USA [Member] | Health Care Cost Recovery Actions [Member] | Settled Litigation [Member] | |||||||||
Loss Contingencies [Line Items] | |||||||||
Number of states with settled litigation | plantiff | 24 | ||||||||
Litigation settlement, amount | $ 702,000,000 | ||||||||
Number of motions denied without appeal | state | 1 | ||||||||
PM USA [Member] | Health Care Cost Recovery Actions [Member] | Pending Litigation [Member] | |||||||||
Loss Contingencies [Line Items] | |||||||||
Number of states with fIled motion | state | 14 | ||||||||
PM USA [Member] | Health Care Cost Recovery Actions, 2015 NPM Adjustments [Member] | Settled Litigation [Member] | |||||||||
Loss Contingencies [Line Items] | |||||||||
Other liabilities | $ 43,000,000 | ||||||||
PM USA [Member] | Health Care Cost Recovery Actions, 2004-2014 NPM Adjustment [Member] | Settled Litigation [Member] | NEW YORK [Member] | Cost of Sales [Member] | |||||||||
Loss Contingencies [Line Items] | |||||||||
Litigation settlement, amount | $ 126,000,000 | ||||||||
PM USA [Member] | Health Care Cost Recovery Actions, 2004-2014 NPM Adjustment [Member] | Pending Litigation [Member] | NEW YORK [Member] | |||||||||
Loss Contingencies [Line Items] | |||||||||
Litigation settlement, amount | $ 32,000,000 | $ 58,000,000 | $ 126,000,000 | ||||||
Subsequent Event [Member] | PM USA [Member] | Health Care Cost Recovery Actions [Member] | |||||||||
Loss Contingencies [Line Items] | |||||||||
Loss contingency, number of states | plantiff | 52 | ||||||||
Subsequent Event [Member] | PM USA [Member] | Health Care Cost Recovery Actions [Member] | Settled Litigation [Member] | |||||||||
Loss Contingencies [Line Items] | |||||||||
Number of states with settled litigation | plantiff | 26 | ||||||||
Subsequent Event [Member] | PM USA [Member] | Health Care Cost Recovery Actions [Member] | Settled Litigation [Member] | RHODE ISLAND [Member] | |||||||||
Loss Contingencies [Line Items] | |||||||||
Litigation settlement, additional amount | $ 9,000,000 | ||||||||
Subsequent Event [Member] | PM USA [Member] | Health Care Cost Recovery Actions [Member] | Settled Litigation [Member] | OREGON [Member] | |||||||||
Loss Contingencies [Line Items] | |||||||||
Litigation settlement, additional amount | 16,000,000 | ||||||||
Subsequent Event [Member] | PM USA [Member] | Health Care Cost Recovery Actions, 2013-2015 Transition Years [Member] | Settled Litigation [Member] | OREGON [Member] | |||||||||
Loss Contingencies [Line Items] | |||||||||
Litigation settlement, additional amount | $ 4,000,000 | ||||||||
Subsequent Event [Member] | PM USA [Member] | Health Care Cost Recovery Actions, 2004-2014 NPM Adjustment [Member] | Pending Litigation [Member] | RHODE ISLAND AND OREGON [Member] | |||||||||
Loss Contingencies [Line Items] | |||||||||
Litigation settlement, amount | 25,000,000 | ||||||||
Subsequent Event [Member] | PM USA [Member] | Health Care Cost Recovery Actions, 2004-2014 NPM Adjustment [Member] | Pending Litigation [Member] | NEW YORK [Member] | |||||||||
Loss Contingencies [Line Items] | |||||||||
Litigation settlement, reduction in payment | 44,000,000 | ||||||||
Subsequent Event [Member] | PM USA [Member] | Health Care Cost Recovery Actions, 2013-2014 Transition Years [Member] | Settled Litigation [Member] | RHODE ISLAND [Member] | |||||||||
Loss Contingencies [Line Items] | |||||||||
Litigation settlement, additional amount | $ 2,000,000 | ||||||||
Scenario, Forecast [Member] | PM USA [Member] | Health Care Cost Recovery Actions, 2015 NPM Adjustments [Member] | Settled Litigation [Member] | |||||||||
Loss Contingencies [Line Items] | |||||||||
Other liabilities | $ 46,000,000 |
Contingencies (2003 and Subsequ
Contingencies (2003 and Subsequent NPM Adjustment Disputes - Continuing Disputes with Non-Signatory States other than New York) (Details) $ in Millions | 1 Months Ended | 3 Months Ended | 12 Months Ended | |||||||||||||
Dec. 31, 2015USD ($) | Apr. 30, 2014USD ($)state | Sep. 30, 2013USD ($)state | Nov. 30, 1998state | Mar. 31, 2017USD ($)statepanel | Mar. 31, 2016USD ($) | Dec. 31, 2015USD ($) | Dec. 31, 2014USD ($) | Jun. 30, 2014state | Mar. 31, 2014USD ($) | Sep. 30, 2013USD ($) | Dec. 31, 2016USD ($)plantiff | Dec. 31, 2003USD ($) | Sep. 30, 2016USD ($) | Feb. 29, 2016USD ($) | May 31, 2014USD ($) | |
Loss Contingencies [Line Items] | ||||||||||||||||
Litigation settlement, amount | $ (1,200) | |||||||||||||||
Earnings (loss) before income taxes | $ 2,091 | 1,883 | ||||||||||||||
All Non-Signatory States Excluding New York, Montana and New Mexico [Member] | ||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||
Non-signatory states, excluding New York, Montana and New Mexico | state | 19 | |||||||||||||||
RJR-Lorillard-ITG Transaction Case [Member] | ||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||
Payments for Legal Settlements, Incorrect Increase | $ 84 | $ 84 | ||||||||||||||
Florida State Settlement Agreement [Member] | ||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||
Payments for Legal Settlements, Incorrect Increase | 28 | |||||||||||||||
Health Care Cost Recovery Actions [Member] | ||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||
Litigation settlement, amount | (1,100) | |||||||||||||||
Number of states with settled litigation | state | 46 | |||||||||||||||
Health Care Cost Recovery Actions [Member] | PM USA [Member] | Settled Litigation [Member] | ||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||
Litigation settlement, amount | (702) | |||||||||||||||
Number of states with settled litigation | plantiff | 24 | |||||||||||||||
Health Care Cost Recovery Actions, 2003 NPM Adjustment [Member] | PM USA [Member] | Pending Litigation [Member] | ||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||
Settlement agreement, liability reduction percentage | 20.00% | |||||||||||||||
Loss contingency, number of states | state | 15 | |||||||||||||||
Number of states that did not diligently enforcing escrow statutes | state | 6 | |||||||||||||||
Number of states diligently enforcing escrow statute | state | 9 | |||||||||||||||
Litigation settlement, amount | $ (145) | |||||||||||||||
Estimate of possible interest income | $ 89 | |||||||||||||||
Estimate of possible gain, not recorded | $ 25 | |||||||||||||||
Litigation settlement interest expense (income) | $ (64) | |||||||||||||||
Health Care Cost Recovery Actions, 2003 NPM Adjustment [Member] | PM USA [Member] | Indiana and Kentucky [Member] | Settled Litigation [Member] | ||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||
Number of states with settled litigation | state | 2 | |||||||||||||||
Litigation settlement interest expense (income) | $ (17) | |||||||||||||||
Health Care Cost Recovery Actions, 2003 NPM Adjustment [Member] | PM USA [Member] | Maryland, Missouri, New Mexico and Pennsylvania [Member] | Pending Litigation [Member] | ||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||
Number of states that did not diligently enforcing escrow statutes | state | 4 | |||||||||||||||
Estimate of possible interest income | $ 66 | |||||||||||||||
Litigation settlement interest expense (income) | $ (48) | $ (66) | $ (47) | |||||||||||||
Health Care Cost Recovery Actions, 2003 NPM Adjustment [Member] | PM USA [Member] | PENNSYLVANIA [Member] | Settled Litigation [Member] | ||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||
Litigation settlement interest expense (income) | $ 13 | |||||||||||||||
Earnings (loss) before income taxes | $ 42 | |||||||||||||||
Health Care Cost Recovery Actions, 2003 NPM Adjustment [Member] | PM USA [Member] | MARYLAND [Member] | Pending Litigation [Member] | ||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||
Amount of possible loss | $ 12 | |||||||||||||||
Health Care Cost Recovery Actions, 2003 NPM Adjustment [Member] | PM USA [Member] | MISSOURI [Member] | Pending Litigation [Member] | ||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||
Amount of possible interest loss | $ 7 | |||||||||||||||
Amount of possible loss | 12 | |||||||||||||||
Appeal bond posted | $ 22 | |||||||||||||||
Health Care Cost Recovery Actions, 2003 NPM Adjustment [Member] | PM USA [Member] | NEW MEXICO [Member] | Pending Litigation [Member] | ||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||
Amount of possible interest loss | $ 2 | |||||||||||||||
Amount of possible loss | $ 3 | |||||||||||||||
Health Care Cost Recovery Actions, 2003 NPM Adjustment [Member] | PM USA [Member] | Cost of Sales [Member] | Pending Litigation [Member] | ||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||
Litigation settlement, amount | (145) | |||||||||||||||
Health Care Cost Recovery Actions, 2003 NPM Adjustment [Member] | PM USA [Member] | Cost of Sales [Member] | Indiana and Kentucky [Member] | Settled Litigation [Member] | ||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||
Litigation settlement, amount | $ (37) | |||||||||||||||
Health Care Cost Recovery Actions, 2003 NPM Adjustment [Member] | PM USA [Member] | Cost of Sales [Member] | Maryland, Missouri, New Mexico and Pennsylvania [Member] | Pending Litigation [Member] | ||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||
Litigation settlement, amount | $ (79) | $ (108) | ||||||||||||||
Health Care Cost Recovery Actions, 2003 NPM Adjustment [Member] | PM USA [Member] | Cost of Sales [Member] | PENNSYLVANIA [Member] | Pending Litigation [Member] | ||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||
Litigation settlement, amount | $ 29 | |||||||||||||||
Health Care Cost Recovery Actions, 2004-2015 NPM Adjustment [Member] | ||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||
Amount of possible interest loss | $ 7 | |||||||||||||||
Health Care Cost Recovery Actions, 2004 NPM Adjustment [Member] | ||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||
Estimate of possible gain | $ 388 | |||||||||||||||
Health Care Cost Recovery Actions, 2005 NPM Adjustment [Member] | ||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||
Number of arbitration panels | panel | 2 | |||||||||||||||
Estimate of possible gain | $ 181 | |||||||||||||||
Health Care Cost Recovery Actions, 2006 NPM Adjustment [Member] | ||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||
Estimate of possible gain | 154 | |||||||||||||||
Health Care Cost Recovery Actions, 2007 NPM Adjustment [Member] | ||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||
Estimate of possible gain | 185 | |||||||||||||||
Health Care Cost Recovery Actions, 2008 NPM Adjustment [Member] | ||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||
Estimate of possible gain | 250 | |||||||||||||||
Health Care Cost Recovery Actions, 2009 NPM Adjustment [Member] | ||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||
Estimate of possible gain | 211 | |||||||||||||||
Health Care Cost Recovery Actions, 2010 NPM Adjustment [Member] | ||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||
Estimate of possible gain | 218 | |||||||||||||||
Health Care Cost Recovery Actions, 2011 NPM Adjustment [Member] | ||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||
Estimate of possible gain | 166 | |||||||||||||||
Health Care Cost Recovery Actions, 2012 NPM Adjustment [Member] | ||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||
Estimate of possible gain | 214 | |||||||||||||||
Health Care Cost Recovery Actions, 2013 NPM Adjustment [Member] | ||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||
Estimate of possible gain | 223 | |||||||||||||||
Health Care Cost Recovery Actions, 2014 NPM Adjustment [Member] | ||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||
Estimate of possible gain | 246 | |||||||||||||||
Health Care Cost Recovery Actions, 2015 NPM Adjustments [Member] | ||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||
Estimate of possible gain | 292 | |||||||||||||||
Health Care Cost Recovery Actions, 2016 NPM Adjustments [Member] [Member] | ||||||||||||||||
Loss Contingencies [Line Items] | ||||||||||||||||
Estimate of possible gain | $ 296 |
Contingencies (Other MSA-Relate
Contingencies (Other MSA-Related Litigation) (Details) | 3 Months Ended |
Mar. 31, 2017case | |
Other MSA-Related Litigation [Member] | |
Loss Contingencies [Line Items] | |
Number of unfavorable verdicts | 16 |
Contingencies (Federal Governme
Contingencies (Federal Government's Lawsuit) (Details) - USD ($) $ in Millions | 1 Months Ended | 3 Months Ended | 12 Months Ended | |||
Dec. 31, 2011 | Aug. 31, 2006 | Mar. 31, 2017 | Mar. 31, 2016 | Jun. 30, 2014 | Dec. 31, 1999 | |
Loss Contingencies [Line Items] | ||||||
Loss contingency, amount of district court deposit | $ 1 | $ 17 | ||||
Federal Governments Lawsuit [Member] | ||||||
Loss Contingencies [Line Items] | ||||||
Amount of alleged annual costs health care programs, minimum | $ 20,000 | |||||
Damages sought, value | $ 280,000 | |||||
Disclosure period | 10 years | |||||
Federal Governments Lawsuit [Member] | PM USA [Member] | ||||||
Loss Contingencies [Line Items] | ||||||
Loss contingency, amount of district court deposit | $ 3.1 | |||||
Loss contingency installment period, years | 5 years | |||||
Implementation of Corrective Communications [Member] | Federal Governments Lawsuit [Member] | ||||||
Loss Contingencies [Line Items] | ||||||
Provision related to litigation recorded | $ 31 | |||||
Implementation of Corrective Communications [Member] | Federal Governments Lawsuit [Member] | PM USA [Member] | ||||||
Loss Contingencies [Line Items] | ||||||
Provision related to litigation recorded | $ 31 |
Contingencies (Lights_Ultra Lig
Contingencies (Lights/Ultra Lights Cases) (Details) $ in Millions | 1 Months Ended | 3 Months Ended | |||||||||||
Dec. 31, 2016USD ($) | Sep. 30, 2016USD ($) | Jul. 31, 2016USD ($) | May 31, 2016USD ($) | Apr. 30, 2016USD ($) | Feb. 29, 2016USD ($)$ / plantiff | Feb. 28, 2014$ / plantiff | Mar. 31, 2017USD ($)case | Sep. 30, 2016USD ($) | Mar. 31, 2016USD ($) | Apr. 27, 2017case | Apr. 25, 2016case | Apr. 20, 2015case | |
Loss Contingencies [Line Items] | |||||||||||||
Litigation settlement, amount | $ (1,200) | ||||||||||||
Payments made related to litigation | $ 1 | 17 | |||||||||||
Lights [Member] | Subsequent Event [Member] | |||||||||||||
Loss Contingencies [Line Items] | |||||||||||||
Claims not certified, number | case | 21 | ||||||||||||
Lights [Member] | PM USA [Member] | Subsequent Event [Member] | |||||||||||||
Loss Contingencies [Line Items] | |||||||||||||
Number of state courts | case | 20 | ||||||||||||
Lights Ultra Lights Class Actions [Member] | |||||||||||||
Loss Contingencies [Line Items] | |||||||||||||
Number of cases pending | case | 11 | 12 | |||||||||||
Lights Ultra Lights Class Actions [Member] | Subsequent Event [Member] | |||||||||||||
Loss Contingencies [Line Items] | |||||||||||||
Number of cases pending | case | 5 | ||||||||||||
Larsen [Member] | PM USA [Member] | |||||||||||||
Loss Contingencies [Line Items] | |||||||||||||
Number of cases pending | case | 1 | ||||||||||||
Aspinall [Member] | |||||||||||||
Loss Contingencies [Line Items] | |||||||||||||
Litigation settlement, amount | $ (15.3) | $ 32 | $ 4.9 | ||||||||||
Payments made related to litigation | $ 32 | ||||||||||||
Legal fees | $ 16.5 | ||||||||||||
Aspinall [Member] | PM USA [Member] | |||||||||||||
Loss Contingencies [Line Items] | |||||||||||||
Damages sought per class member | $ / plantiff | 25 | 25 | |||||||||||
Provision related to litigation recorded | $ 32 | ||||||||||||
Miner [Member] | |||||||||||||
Loss Contingencies [Line Items] | |||||||||||||
Litigation settlement, amount | $ (45) | ||||||||||||
Provision related to litigation recorded | $ 45 | ||||||||||||
Payments for legal settlements | $ 45 |
Contingencies (Certain Other To
Contingencies (Certain Other Tobacco-Related Litigation) (Details) - Argentine Growers Case [Member] | 1 Months Ended | |
Apr. 30, 2014casedefendant | Sep. 30, 2016case | |
Loss Contingencies [Line Items] | ||
Number of defendants | defendant | 3 | |
PM USA [Member] | ||
Loss Contingencies [Line Items] | ||
Number of cases pending | 6 | |
PM USA [Member] | Pending Litigation [Member] | ||
Loss Contingencies [Line Items] | ||
Number of cases pending | 5 |
Contingencies (UST Litigations
Contingencies (UST Litigations Narrative) (Details) - UST Litigation [Member] | 3 Months Ended | |
Mar. 31, 2017plantiff | Jul. 31, 2016case | |
WEST VIRGINIA [Member] | ||
Loss Contingencies [Line Items] | ||
Number of plaintiffs | plantiff | 3 | |
CALIFORNIA [Member] | ||
Loss Contingencies [Line Items] | ||
Number of cases pending | case | 1 |
Contingencies (Nu Mark Patent L
Contingencies (Nu Mark Patent Litigation) (Details) - USD ($) $ in Millions | 1 Months Ended | 3 Months Ended | |
Jan. 31, 2017 | Dec. 31, 2016 | Mar. 31, 2016 | |
Loss Contingencies [Line Items] | |||
Litigation settlement, amount | $ 1,200 | ||
Nu Mark Patent Litigation [Member] | |||
Loss Contingencies [Line Items] | |||
Proceeds from legal settlements | $ 21 | ||
Litigation settlement, amount | $ 21 |
Contingencies (Guarantees and O
Contingencies (Guarantees and Other Similar Matters Narrative) (Details) - USD ($) | 3 Months Ended | |
Mar. 31, 2017 | Dec. 31, 2016 | |
Loss Contingencies [Line Items] | ||
Contingent liability related to performance surety bonds | $ 26,000,000 | |
Redeemable noncontrolling interest | 38,000,000 | $ 38,000,000 |
Letter of Credit [Member] | ||
Loss Contingencies [Line Items] | ||
Credit line available under the agreement | 59,000,000 | |
Credit Agreement [Member] | Revolving Credit Facility [Member] | ||
Loss Contingencies [Line Items] | ||
Credit line available under the agreement | $ 3,000,000,000 | |
Debt instrument, term | 5 years |
Contingencies (Engle Progeny Ap
Contingencies (Engle Progeny Appellate Issues (Details) - Engle Progeny Cases [Member] | 12 Months Ended | ||
Dec. 31, 2008court | Jun. 30, 2014case | Mar. 31, 2014case | |
Loss Contingencies [Line Items] | |||
Number of cases with petitions for writ of certiorari | 8 | ||
Number of cases with petitions for writ of certiorari denied | 11 | ||
Florida [Member] | |||
Loss Contingencies [Line Items] | |||
Number of district courts with rulings during period | court | 3 | ||
Number of rulings certified by trial court for interlocutory review | court | 2 | ||
PM USA [Member] | |||
Loss Contingencies [Line Items] | |||
Number of cases with petitions for writ of certiorari | 1 |
Condensed Consolidating Finan67
Condensed Consolidating Financial Information (Condensed Consolidating Balance Sheets) (Details) - USD ($) $ in Millions | Mar. 31, 2017 | Dec. 31, 2016 | Mar. 31, 2016 | Dec. 31, 2015 |
Assets | ||||
Cash and cash equivalents | $ 5,228 | $ 4,569 | $ 3,815 | $ 2,369 |
Receivables | 135 | 151 | ||
Inventories: | ||||
Leaf tobacco | 887 | 892 | ||
Other raw materials | 171 | 164 | ||
Work in process | 492 | 512 | ||
Finished product | 572 | 483 | ||
Inventory, net | 2,122 | 2,051 | ||
Due from Altria Group, Inc. and subsidiaries | 0 | 0 | ||
Other current assets | 141 | 489 | ||
Total current assets | 7,626 | 7,260 | ||
Property, plant and equipment, at cost | 4,856 | 4,835 | ||
Less accumulated depreciation | 2,933 | 2,877 | ||
Property, plant and equipment, net | 1,923 | 1,958 | ||
Goodwill | 5,307 | 5,285 | ||
Other intangible assets, net | 12,201 | 12,036 | ||
Investment in AB InBev | 17,579 | 17,852 | ||
Investment in consolidated subsidiaries | 0 | 0 | ||
Finance assets, net | 1,019 | 1,028 | ||
Due from Altria Group, Inc. and subsidiaries | 0 | 0 | ||
Other assets | 520 | 513 | ||
Total Assets | 46,175 | 45,932 | ||
Liabilities | ||||
Accounts payable | 235 | 425 | ||
Accrued liabilities: | ||||
Marketing | 725 | 747 | ||
Employment costs | 74 | 289 | ||
Settlement charges | 4,790 | 3,701 | ||
Other | 876 | 1,025 | ||
Income taxes | 416 | 0 | ||
Dividends payable | 1,184 | 1,188 | ||
Due to Altria Group, Inc. and subsidiaries | 0 | 0 | ||
Total current liabilities | 8,300 | 7,375 | ||
Long-term debt | 13,884 | 13,881 | ||
Deferred income taxes | 8,309 | 8,416 | ||
Accrued pension costs | 738 | 805 | ||
Accrued postretirement health care costs | 2,212 | 2,217 | ||
Due to Altria Group, Inc. and subsidiaries | 0 | 0 | ||
Other liabilities | 431 | 427 | ||
Total liabilities | 33,874 | 33,121 | ||
Contingencies | ||||
Redeemable noncontrolling interest | 38 | 38 | ||
Stockholders’ Equity | ||||
Common stock | 935 | 935 | ||
Additional paid-in capital | 5,909 | 5,893 | ||
Earnings reinvested in the business | 37,124 | 36,906 | ||
Accumulated other comprehensive losses | (2,212) | (2,052) | ||
Cost of repurchased stock | (29,496) | (28,912) | ||
Total stockholders’ equity attributable to Altria Group, Inc. | 12,260 | 12,770 | ||
Noncontrolling interests | 3 | 3 | ||
Total stockholders’ equity | 12,263 | 12,773 | 2,873 | |
Total Liabilities and Stockholders’ Equity | 46,175 | 45,932 | ||
Reportable Legal Entities [Member] | Altria Group, Inc. [Member] | ||||
Assets | ||||
Cash and cash equivalents | 5,170 | 4,521 | 3,749 | 2,313 |
Receivables | 0 | 0 | ||
Inventories: | ||||
Leaf tobacco | 0 | 0 | ||
Other raw materials | 0 | 0 | ||
Work in process | 0 | 0 | ||
Finished product | 0 | 0 | ||
Inventory, net | 0 | 0 | ||
Due from Altria Group, Inc. and subsidiaries | 0 | 0 | ||
Other current assets | 249 | 170 | ||
Total current assets | 5,419 | 4,691 | ||
Property, plant and equipment, at cost | 0 | 0 | ||
Less accumulated depreciation | 0 | 0 | ||
Property, plant and equipment, net | 0 | 0 | ||
Goodwill | 0 | 0 | ||
Other intangible assets, net | 0 | 0 | ||
Investment in AB InBev | 17,579 | 17,852 | ||
Investment in consolidated subsidiaries | 11,579 | 11,636 | ||
Finance assets, net | 0 | 0 | ||
Due from Altria Group, Inc. and subsidiaries | 4,790 | 4,790 | ||
Other assets | 18 | 18 | ||
Total Assets | 39,385 | 38,987 | ||
Liabilities | ||||
Accounts payable | 1 | 1 | ||
Accrued liabilities: | ||||
Marketing | 0 | 0 | ||
Employment costs | 14 | 104 | ||
Settlement charges | 0 | 0 | ||
Other | 191 | 261 | ||
Income taxes | 0 | |||
Dividends payable | 1,184 | 1,188 | ||
Due to Altria Group, Inc. and subsidiaries | 6,187 | 5,030 | ||
Total current liabilities | 7,577 | 6,584 | ||
Long-term debt | 13,884 | 13,881 | ||
Deferred income taxes | 5,329 | 5,424 | ||
Accrued pension costs | 203 | 207 | ||
Accrued postretirement health care costs | 0 | 0 | ||
Due to Altria Group, Inc. and subsidiaries | 0 | 0 | ||
Other liabilities | 132 | 121 | ||
Total liabilities | 27,125 | 26,217 | ||
Contingencies | ||||
Redeemable noncontrolling interest | 0 | 0 | ||
Stockholders’ Equity | ||||
Common stock | 935 | 935 | ||
Additional paid-in capital | 5,909 | 5,893 | ||
Earnings reinvested in the business | 37,124 | 36,906 | ||
Accumulated other comprehensive losses | (2,212) | (2,052) | ||
Cost of repurchased stock | (29,496) | (28,912) | ||
Total stockholders’ equity attributable to Altria Group, Inc. | 12,260 | 12,770 | ||
Noncontrolling interests | 0 | 0 | ||
Total stockholders’ equity | 12,260 | 12,770 | ||
Total Liabilities and Stockholders’ Equity | 39,385 | 38,987 | ||
Reportable Legal Entities [Member] | PM USA [Member] | ||||
Assets | ||||
Cash and cash equivalents | 0 | 1 | 0 | 0 |
Receivables | 8 | 8 | ||
Inventories: | ||||
Leaf tobacco | 538 | 541 | ||
Other raw materials | 111 | 111 | ||
Work in process | 7 | 3 | ||
Finished product | 172 | 112 | ||
Inventory, net | 828 | 767 | ||
Due from Altria Group, Inc. and subsidiaries | 5,532 | 3,797 | ||
Other current assets | 50 | 118 | ||
Total current assets | 6,418 | 4,691 | ||
Property, plant and equipment, at cost | 2,971 | 2,971 | ||
Less accumulated depreciation | 2,087 | 2,073 | ||
Property, plant and equipment, net | 884 | 898 | ||
Goodwill | 0 | 0 | ||
Other intangible assets, net | 2 | 2 | ||
Investment in AB InBev | 0 | 0 | ||
Investment in consolidated subsidiaries | 2,641 | 2,632 | ||
Finance assets, net | 0 | 0 | ||
Due from Altria Group, Inc. and subsidiaries | 0 | 0 | ||
Other assets | 1,752 | 1,748 | ||
Total Assets | 11,697 | 9,971 | ||
Liabilities | ||||
Accounts payable | 105 | 92 | ||
Accrued liabilities: | ||||
Marketing | 609 | 619 | ||
Employment costs | 8 | 14 | ||
Settlement charges | 4,783 | 3,696 | ||
Other | 414 | 438 | ||
Income taxes | 626 | |||
Dividends payable | 0 | 0 | ||
Due to Altria Group, Inc. and subsidiaries | 296 | 237 | ||
Total current liabilities | 6,841 | 5,096 | ||
Long-term debt | 0 | 0 | ||
Deferred income taxes | 0 | 0 | ||
Accrued pension costs | 0 | 0 | ||
Accrued postretirement health care costs | 1,442 | 1,453 | ||
Due to Altria Group, Inc. and subsidiaries | 0 | 0 | ||
Other liabilities | 142 | 146 | ||
Total liabilities | 8,425 | 6,695 | ||
Contingencies | ||||
Redeemable noncontrolling interest | 0 | 0 | ||
Stockholders’ Equity | ||||
Common stock | 0 | 0 | ||
Additional paid-in capital | 3,310 | 3,310 | ||
Earnings reinvested in the business | 230 | 237 | ||
Accumulated other comprehensive losses | (268) | (271) | ||
Cost of repurchased stock | 0 | 0 | ||
Total stockholders’ equity attributable to Altria Group, Inc. | 3,272 | 3,276 | ||
Noncontrolling interests | 0 | 0 | ||
Total stockholders’ equity | 3,272 | 3,276 | ||
Total Liabilities and Stockholders’ Equity | 11,697 | 9,971 | ||
Reportable Legal Entities [Member] | Non-Guarantor Subsidiaries [Member] | ||||
Assets | ||||
Cash and cash equivalents | 58 | 47 | 66 | 56 |
Receivables | 127 | 143 | ||
Inventories: | ||||
Leaf tobacco | 349 | 351 | ||
Other raw materials | 60 | 53 | ||
Work in process | 485 | 509 | ||
Finished product | 400 | 371 | ||
Inventory, net | 1,294 | 1,284 | ||
Due from Altria Group, Inc. and subsidiaries | 993 | 1,511 | ||
Other current assets | 88 | 201 | ||
Total current assets | 2,560 | 3,186 | ||
Property, plant and equipment, at cost | 1,885 | 1,864 | ||
Less accumulated depreciation | 846 | 804 | ||
Property, plant and equipment, net | 1,039 | 1,060 | ||
Goodwill | 5,307 | 5,285 | ||
Other intangible assets, net | 12,199 | 12,034 | ||
Investment in AB InBev | 0 | 0 | ||
Investment in consolidated subsidiaries | 0 | 0 | ||
Finance assets, net | 1,019 | 1,028 | ||
Due from Altria Group, Inc. and subsidiaries | 0 | 0 | ||
Other assets | 131 | 131 | ||
Total Assets | 22,255 | 22,724 | ||
Liabilities | ||||
Accounts payable | 129 | 332 | ||
Accrued liabilities: | ||||
Marketing | 116 | 128 | ||
Employment costs | 52 | 171 | ||
Settlement charges | 7 | 5 | ||
Other | 271 | 326 | ||
Income taxes | 36 | |||
Dividends payable | 0 | 0 | ||
Due to Altria Group, Inc. and subsidiaries | 42 | 41 | ||
Total current liabilities | 653 | 1,003 | ||
Long-term debt | 0 | 0 | ||
Deferred income taxes | 4,361 | 4,376 | ||
Accrued pension costs | 535 | 598 | ||
Accrued postretirement health care costs | 770 | 764 | ||
Due to Altria Group, Inc. and subsidiaries | 4,790 | 4,790 | ||
Other liabilities | 157 | 160 | ||
Total liabilities | 11,266 | 11,691 | ||
Contingencies | ||||
Redeemable noncontrolling interest | 38 | 38 | ||
Stockholders’ Equity | ||||
Common stock | 9 | 9 | ||
Additional paid-in capital | 11,790 | 11,585 | ||
Earnings reinvested in the business | 841 | 1,118 | ||
Accumulated other comprehensive losses | (1,692) | (1,720) | ||
Cost of repurchased stock | 0 | 0 | ||
Total stockholders’ equity attributable to Altria Group, Inc. | 10,948 | 10,992 | ||
Noncontrolling interests | 3 | 3 | ||
Total stockholders’ equity | 10,951 | 10,995 | ||
Total Liabilities and Stockholders’ Equity | 22,255 | 22,724 | ||
Total Consolidating Adjustments [Member] | ||||
Assets | ||||
Cash and cash equivalents | 0 | 0 | $ 0 | $ 0 |
Receivables | 0 | 0 | ||
Inventories: | ||||
Leaf tobacco | 0 | 0 | ||
Other raw materials | 0 | 0 | ||
Work in process | 0 | 0 | ||
Finished product | 0 | 0 | ||
Inventory, net | 0 | 0 | ||
Due from Altria Group, Inc. and subsidiaries | (6,525) | (5,308) | ||
Other current assets | (246) | 0 | ||
Total current assets | (6,771) | (5,308) | ||
Property, plant and equipment, at cost | 0 | 0 | ||
Less accumulated depreciation | 0 | 0 | ||
Property, plant and equipment, net | 0 | 0 | ||
Goodwill | 0 | 0 | ||
Other intangible assets, net | 0 | 0 | ||
Investment in AB InBev | 0 | 0 | ||
Investment in consolidated subsidiaries | (14,220) | (14,268) | ||
Finance assets, net | 0 | 0 | ||
Due from Altria Group, Inc. and subsidiaries | (4,790) | (4,790) | ||
Other assets | (1,381) | (1,384) | ||
Total Assets | (27,162) | (25,750) | ||
Liabilities | ||||
Accounts payable | 0 | 0 | ||
Accrued liabilities: | ||||
Marketing | 0 | 0 | ||
Employment costs | 0 | 0 | ||
Settlement charges | 0 | 0 | ||
Other | 0 | 0 | ||
Income taxes | (246) | |||
Dividends payable | 0 | 0 | ||
Due to Altria Group, Inc. and subsidiaries | (6,525) | (5,308) | ||
Total current liabilities | (6,771) | (5,308) | ||
Long-term debt | 0 | 0 | ||
Deferred income taxes | (1,381) | (1,384) | ||
Accrued pension costs | 0 | 0 | ||
Accrued postretirement health care costs | 0 | 0 | ||
Due to Altria Group, Inc. and subsidiaries | (4,790) | (4,790) | ||
Other liabilities | 0 | 0 | ||
Total liabilities | (12,942) | (11,482) | ||
Contingencies | ||||
Redeemable noncontrolling interest | 0 | 0 | ||
Stockholders’ Equity | ||||
Common stock | (9) | (9) | ||
Additional paid-in capital | (15,100) | (14,895) | ||
Earnings reinvested in the business | (1,071) | (1,355) | ||
Accumulated other comprehensive losses | 1,960 | 1,991 | ||
Cost of repurchased stock | 0 | 0 | ||
Total stockholders’ equity attributable to Altria Group, Inc. | (14,220) | (14,268) | ||
Noncontrolling interests | 0 | 0 | ||
Total stockholders’ equity | (14,220) | (14,268) | ||
Total Liabilities and Stockholders’ Equity | $ (27,162) | $ (25,750) |
Condensed Consolidating Finan68
Condensed Consolidating Financial Information (Condensed Consolidating Statements of Earnings and Comprehensive Earnings) (Details) - USD ($) $ in Millions | 3 Months Ended | 12 Months Ended | |
Mar. 31, 2017 | Mar. 31, 2016 | Dec. 31, 2016 | |
Condensed Income Statements, Captions [Line Items] | |||
Net revenues | $ 6,083 | $ 6,066 | |
Cost of sales | 1,810 | 1,874 | |
Excise taxes on products | 1,494 | 1,536 | |
Gross profit | 2,779 | 2,656 | |
Marketing, administration and research costs | 528 | 559 | |
Asset impairment and exit costs | 4 | 120 | |
Operating (expense) income | 2,247 | 1,977 | |
Interest and other debt expense, net | 179 | 200 | |
Earnings from equity investment | (23) | (66) | |
Gain on AB InBev/SABMiller business combination | 0 | (40) | |
(Loss) earnings before income taxes and equity earnings of subsidiaries | 2,091 | 1,883 | |
(Benefit) provision for income taxes | 689 | 665 | |
Equity earnings of subsidiaries | 0 | 0 | |
Net earnings | 1,402 | 1,218 | |
Net earnings attributable to noncontrolling interests | (1) | (1) | |
Net earnings attributable to Altria Group, Inc. | 1,401 | 1,217 | |
Net earnings | 1,402 | 1,218 | |
Other comprehensive (losses) earnings, net of deferred income taxes | (160) | (47) | $ 1,228 |
Comprehensive earnings | 1,242 | 1,171 | |
Comprehensive earnings attributable to noncontrolling interests | (1) | (1) | |
Comprehensive earnings attributable to Altria Group, Inc. | 1,241 | 1,170 | |
Reportable Legal Entities [Member] | Altria Group, Inc. [Member] | |||
Condensed Income Statements, Captions [Line Items] | |||
Net revenues | 0 | 0 | |
Cost of sales | 0 | 0 | |
Excise taxes on products | 0 | 0 | |
Gross profit | 0 | 0 | |
Marketing, administration and research costs | 40 | 36 | |
Asset impairment and exit costs | 0 | 5 | |
Operating (expense) income | (40) | (41) | |
Interest and other debt expense, net | 123 | 129 | |
Earnings from equity investment | (23) | (66) | |
Gain on AB InBev/SABMiller business combination | (40) | ||
(Loss) earnings before income taxes and equity earnings of subsidiaries | (140) | (64) | |
(Benefit) provision for income taxes | (72) | (49) | |
Equity earnings of subsidiaries | 1,469 | 1,232 | |
Net earnings | 1,401 | 1,217 | |
Net earnings attributable to noncontrolling interests | 0 | 0 | |
Net earnings attributable to Altria Group, Inc. | 1,401 | 1,217 | |
Net earnings | 1,401 | 1,217 | |
Other comprehensive (losses) earnings, net of deferred income taxes | (160) | (47) | |
Comprehensive earnings | 1,241 | 1,170 | |
Comprehensive earnings attributable to noncontrolling interests | 0 | 0 | |
Comprehensive earnings attributable to Altria Group, Inc. | 1,241 | 1,170 | |
Reportable Legal Entities [Member] | PM USA [Member] | |||
Condensed Income Statements, Captions [Line Items] | |||
Net revenues | 5,271 | 5,265 | |
Cost of sales | 1,538 | 1,642 | |
Excise taxes on products | 1,446 | 1,487 | |
Gross profit | 2,287 | 2,136 | |
Marketing, administration and research costs | 378 | 415 | |
Asset impairment and exit costs | 0 | 94 | |
Operating (expense) income | 1,909 | 1,627 | |
Interest and other debt expense, net | 0 | 15 | |
Earnings from equity investment | 0 | 0 | |
Gain on AB InBev/SABMiller business combination | 0 | ||
(Loss) earnings before income taxes and equity earnings of subsidiaries | 1,909 | 1,612 | |
(Benefit) provision for income taxes | 663 | 603 | |
Equity earnings of subsidiaries | 72 | 60 | |
Net earnings | 1,318 | 1,069 | |
Net earnings attributable to noncontrolling interests | 0 | 0 | |
Net earnings attributable to Altria Group, Inc. | 1,318 | 1,069 | |
Net earnings | 1,318 | 1,069 | |
Other comprehensive (losses) earnings, net of deferred income taxes | 3 | (17) | |
Comprehensive earnings | 1,321 | 1,052 | |
Comprehensive earnings attributable to noncontrolling interests | 0 | 0 | |
Comprehensive earnings attributable to Altria Group, Inc. | 1,321 | 1,052 | |
Reportable Legal Entities [Member] | Non-Guarantor Subsidiaries [Member] | |||
Condensed Income Statements, Captions [Line Items] | |||
Net revenues | 820 | 810 | |
Cost of sales | 280 | 241 | |
Excise taxes on products | 48 | 49 | |
Gross profit | 492 | 520 | |
Marketing, administration and research costs | 110 | 108 | |
Asset impairment and exit costs | 4 | 21 | |
Operating (expense) income | 378 | 391 | |
Interest and other debt expense, net | 56 | 56 | |
Earnings from equity investment | 0 | 0 | |
Gain on AB InBev/SABMiller business combination | 0 | ||
(Loss) earnings before income taxes and equity earnings of subsidiaries | 322 | 335 | |
(Benefit) provision for income taxes | 98 | 111 | |
Equity earnings of subsidiaries | 0 | 0 | |
Net earnings | 224 | 224 | |
Net earnings attributable to noncontrolling interests | (1) | (1) | |
Net earnings attributable to Altria Group, Inc. | 223 | 223 | |
Net earnings | 224 | 224 | |
Other comprehensive (losses) earnings, net of deferred income taxes | 28 | (156) | |
Comprehensive earnings | 252 | 68 | |
Comprehensive earnings attributable to noncontrolling interests | (1) | (1) | |
Comprehensive earnings attributable to Altria Group, Inc. | 251 | 67 | |
Total Consolidating Adjustments [Member] | |||
Condensed Income Statements, Captions [Line Items] | |||
Net revenues | (8) | (9) | |
Cost of sales | (8) | (9) | |
Excise taxes on products | 0 | 0 | |
Gross profit | 0 | 0 | |
Marketing, administration and research costs | 0 | 0 | |
Asset impairment and exit costs | 0 | 0 | |
Operating (expense) income | 0 | 0 | |
Interest and other debt expense, net | 0 | 0 | |
Earnings from equity investment | 0 | 0 | |
Gain on AB InBev/SABMiller business combination | 0 | ||
(Loss) earnings before income taxes and equity earnings of subsidiaries | 0 | 0 | |
(Benefit) provision for income taxes | 0 | 0 | |
Equity earnings of subsidiaries | (1,541) | (1,292) | |
Net earnings | (1,541) | (1,292) | |
Net earnings attributable to noncontrolling interests | 0 | 0 | |
Net earnings attributable to Altria Group, Inc. | (1,541) | (1,292) | |
Net earnings | (1,541) | (1,292) | |
Other comprehensive (losses) earnings, net of deferred income taxes | (31) | 173 | |
Comprehensive earnings | (1,572) | (1,119) | |
Comprehensive earnings attributable to noncontrolling interests | 0 | 0 | |
Comprehensive earnings attributable to Altria Group, Inc. | $ (1,572) | $ (1,119) |
Condensed Consolidating Finan69
Condensed Consolidating Financial Information (Condensed Consolidating Statements of Cash Flows) (Details) - USD ($) $ in Millions | 3 Months Ended | |
Mar. 31, 2017 | Mar. 31, 2016 | |
Cash Provided by Operating Activities | ||
Net cash provided by operating activities | $ 2,665 | $ 2,718 |
Cash Provided by (Used in) Investing Activities | ||
Capital expenditures | (33) | (26) |
Proceeds from finance assets | 2 | 56 |
Other | (199) | 4 |
Net cash (used in) provided by investing activities | (230) | 34 |
Cash Provided by (Used in) Financing Activities | ||
Repurchases of common stock | (551) | (168) |
Dividends paid on common stock | (1,187) | (1,108) |
Changes in amounts due to/from Altria Group, Inc. and subsidiaries | 0 | 0 |
Cash dividends paid to parent | 0 | 0 |
Other | (38) | (30) |
Net cash (used in) provided by financing activities | (1,776) | (1,306) |
Cash and cash equivalents: | ||
Increase (decrease) | 659 | 1,446 |
Balance at beginning of period | 4,569 | 2,369 |
Balance at end of period | 5,228 | 3,815 |
Reportable Legal Entities [Member] | Altria Group, Inc. [Member] | ||
Cash Provided by Operating Activities | ||
Net cash provided by operating activities | 1,469 | 1,462 |
Cash Provided by (Used in) Investing Activities | ||
Capital expenditures | 0 | 0 |
Proceeds from finance assets | 0 | 0 |
Other | 0 | 0 |
Net cash (used in) provided by investing activities | 0 | 0 |
Cash Provided by (Used in) Financing Activities | ||
Repurchases of common stock | (551) | (168) |
Dividends paid on common stock | (1,187) | (1,108) |
Changes in amounts due to/from Altria Group, Inc. and subsidiaries | 952 | 1,279 |
Cash dividends paid to parent | 0 | 0 |
Other | (34) | (29) |
Net cash (used in) provided by financing activities | (820) | (26) |
Cash and cash equivalents: | ||
Increase (decrease) | 649 | 1,436 |
Balance at beginning of period | 4,521 | 2,313 |
Balance at end of period | 5,170 | 3,749 |
Reportable Legal Entities [Member] | PM USA [Member] | ||
Cash Provided by Operating Activities | ||
Net cash provided by operating activities | 3,007 | 2,780 |
Cash Provided by (Used in) Investing Activities | ||
Capital expenditures | (8) | (7) |
Proceeds from finance assets | 0 | 0 |
Other | 0 | 0 |
Net cash (used in) provided by investing activities | (8) | (7) |
Cash Provided by (Used in) Financing Activities | ||
Repurchases of common stock | 0 | 0 |
Dividends paid on common stock | 0 | 0 |
Changes in amounts due to/from Altria Group, Inc. and subsidiaries | (1,675) | (1,374) |
Cash dividends paid to parent | (1,325) | (1,399) |
Other | 0 | 0 |
Net cash (used in) provided by financing activities | (3,000) | (2,773) |
Cash and cash equivalents: | ||
Increase (decrease) | (1) | 0 |
Balance at beginning of period | 1 | 0 |
Balance at end of period | 0 | 0 |
Reportable Legal Entities [Member] | Non-Guarantor Subsidiaries [Member] | ||
Cash Provided by Operating Activities | ||
Net cash provided by operating activities | 14 | 108 |
Cash Provided by (Used in) Investing Activities | ||
Capital expenditures | (25) | (19) |
Proceeds from finance assets | 2 | 56 |
Other | (199) | 4 |
Net cash (used in) provided by investing activities | (222) | 41 |
Cash Provided by (Used in) Financing Activities | ||
Repurchases of common stock | 0 | 0 |
Dividends paid on common stock | 0 | 0 |
Changes in amounts due to/from Altria Group, Inc. and subsidiaries | 723 | 95 |
Cash dividends paid to parent | (500) | (233) |
Other | (4) | (1) |
Net cash (used in) provided by financing activities | 219 | (139) |
Cash and cash equivalents: | ||
Increase (decrease) | 11 | 10 |
Balance at beginning of period | 47 | 56 |
Balance at end of period | 58 | 66 |
Total Consolidating Adjustments [Member] | ||
Cash Provided by Operating Activities | ||
Net cash provided by operating activities | (1,825) | (1,632) |
Cash Provided by (Used in) Investing Activities | ||
Capital expenditures | 0 | 0 |
Proceeds from finance assets | 0 | 0 |
Other | 0 | 0 |
Net cash (used in) provided by investing activities | 0 | 0 |
Cash Provided by (Used in) Financing Activities | ||
Repurchases of common stock | 0 | 0 |
Dividends paid on common stock | 0 | 0 |
Changes in amounts due to/from Altria Group, Inc. and subsidiaries | 0 | 0 |
Cash dividends paid to parent | 1,825 | 1,632 |
Other | 0 | 0 |
Net cash (used in) provided by financing activities | 1,825 | 1,632 |
Cash and cash equivalents: | ||
Increase (decrease) | 0 | 0 |
Balance at beginning of period | 0 | 0 |
Balance at end of period | $ 0 | $ 0 |
Recent Accounting Guidance No70
Recent Accounting Guidance Not Yet Adopted (Narrative) (Details) | 3 Months Ended |
Mar. 31, 2017 | |
Accounting Standards Update 2016-13 | |
Property, Plant and Equipment [Line Items] | |
Percentage of assets within scope | 2.00% |