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Other Comprehensive Earnings/Losses (Tables)
3 Months Ended
Mar. 31, 2020
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:
 
 
For the Three Months Ended March 31, 2020
 
 
Benefit Plans
 
ABI
 
Currency
Translation
Adjustments and Other
 
Accumulated
Other
Comprehensive
Losses
 
 
(in millions)
Balances, December 31, 2019
 
$
(2,192
)
 
$
(693
)
 
$
21

 
$
(2,864
)
 
 
 
 
 
 
 
 
 
Other comprehensive earnings (losses) before reclassifications
 

 
388

 
12

 
400

Deferred income taxes
 

 
(85
)
 

 
(85
)
Other comprehensive earnings (losses) before reclassifications, net of deferred income taxes
 

 
303

 
12

 
315

 
 
 
 
 
 
 
 
 
Amounts reclassified to net earnings
 
28

 
(7
)
 

 
21

Deferred income taxes
 
(7
)
 
2

 

 
(5
)
Amounts reclassified to net earnings, net of deferred income taxes
 
21

 
(5
)
 

 
16

 
 
 
 
 
 
 
 
 
Other comprehensive earnings (losses), net of deferred income taxes
 
21

 
298

(1) 
12

 
331

 
 
 
 
 
 
 
 
 
Balances, March 31, 2020
 
$
(2,171
)
 
$
(395
)
 
$
33

 
$
(2,533
)

 
 
For the Three Months Ended March 31, 2019
 
 
Benefit Plans
 
ABI
 
Currency
Translation
Adjustments and Other
 
Accumulated
Other
Comprehensive
Losses
 
 
(in millions)
Balances, December 31, 2018
 
$
(2,168
)
 
$
(374
)
 
$
(5
)
 
$
(2,547
)
 
 
 
 
 
 
 
 
 
Other comprehensive earnings (losses) before reclassifications
 

 
(238
)
 

 
(238
)
Deferred income taxes
 

 
49

 

 
49

Other comprehensive earnings (losses) before reclassifications, net of deferred income taxes
 

 
(189
)
 

 
(189
)
 
 
 
 
 
 
 
 
 
Amounts reclassified to net earnings
 
39

 
(12
)
 

 
27

Deferred income taxes
 
(10
)
 
2

 

 
(8
)
Amounts reclassified to net earnings, net of deferred income taxes
 
29

 
(10
)
 

 
19

 
 
 
 
 
 
 
 
 
Other comprehensive earnings (losses), net of deferred income taxes
 
29

 
(199
)
(1) 

 
(170
)
 
 
 
 
 
 
 
 
 
Balances, March 31, 2019
 
$
(2,139
)
 
$
(573
)
 
$
(5
)
 
$
(2,717
)

(1) Primarily reflects Altria’s share of ABI’s currency translation adjustments and the impact of Altria’s designated net investment hedges. For further discussion of designated net investment hedges, see Note 5. Financial Instruments.
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,
 
 
2020
 
2019
 
 
(in millions)
Benefit Plans: (1)
 
 
 
 
Net loss
 
$
34

 
$
49

Prior service cost/credit
 
(6
)
 
(10
)
 
 
28

 
39

 
 
 
 
 
ABI (2)
 
(7
)
 
(12
)
 
 
 
 
 
Pre-tax amounts reclassified from accumulated other comprehensive losses to net earnings
 
$
21

 
$
27

(1) Amounts are included in net defined benefit plan costs. For further details, see Note 6. Benefit Plans.
(2) Amounts are included in earnings from equity investments. For further information, see Note 4. Investments in Equity Securities.