Other Comprehensive Earnings/Losses (Tables)

9 Months Ended

Sep. 30, 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 Nine Months Ended September 30, 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	(75)		(1,211)			(16)		(1,302)
Deferred income taxes	19		260			—		279
Other comprehensive earnings (losses) before reclassifications, net of deferred income taxes	(56)		(951)			(16)		(1,023)
Amounts reclassified to net earnings (losses)	111		29			—		140
Deferred income taxes	(28)		(6)			—		(34)
Amounts reclassified to net earnings (losses), net of deferred income taxes	83		23			—		106
Other comprehensive earnings (losses), net of deferred income taxes	27		(928)		(1)	(16)		(917)
Balances, September 30, 2020	$	(2,165)	$	(1,621)		$	5	$	(3,781)

	For the Three Months Ended September 30, 2020
	Benefit Plans		ABI			Currency Translation Adjustments and Other		Accumulated Other Comprehensive Losses
	(in millions)
Balances, June 30, 2020	$	(2,150)	$	(1,606)		$	(18)	$	(3,774)
Other comprehensive earnings (losses) before reclassifications	(75)		(71)			23		(123)
Deferred income taxes	19		22			—		41
Other comprehensive earnings (losses) before reclassifications, net of deferred income taxes	(56)		(49)			23		(82)
Amounts reclassified to net earnings (losses)	55		44			—		99
Deferred income taxes	(14)		(10)			—		(24)
Amounts reclassified to net earnings (losses), net of deferred income taxes	41		34			—		75
Other comprehensive earnings (losses), net of deferred income taxes	(15)		(15)		(1)	23		(7)
Balances, September 30, 2020	$	(2,165)	$	(1,621)		$	5	$	(3,781)

	For the Nine Months Ended September 30, 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	—		108			8		116
Deferred income taxes	—		(28)			—		(28)
Other comprehensive earnings (losses) before reclassifications, net of deferred income taxes	—		80			8		88
Amounts reclassified to net earnings (losses)	113		(35)			—		78
Deferred income taxes	(29)		8			—		(21)
Amounts reclassified to net earnings (losses), net of deferred income taxes	84		(27)			—		57
Other comprehensive earnings (losses), net of deferred income taxes	84		53		(1)	8		145
Balances, September 30, 2019	$	(2,084)	$	(321)		$	3	$	(2,402)

	For the Three Months Ended September 30, 2019
	Benefit Plans		ABI			Currency Translation Adjustments and Other		Accumulated Other Comprehensive Losses
	(in millions)
Balances, June 30, 2019	$	(2,110)	$	(542)		$	6	$	(2,646)
Other comprehensive earnings (losses) before reclassifications	—		290			(5)		285
Deferred income taxes	—		(67)			2		(65)
Other comprehensive earnings (losses) before reclassifications, net of deferred income taxes	—		223			(3)		220
Amounts reclassified to net earnings (losses)	35		(4)			—		31
Deferred income taxes	(9)		2			—		(7)
Amounts reclassified to net earnings (losses), net of deferred income taxes	26		(2)			—		24
Other comprehensive earnings (losses), net of deferred income taxes	26		221		(1)	(3)		244
Balances, September 30, 2019	$	(2,084)	$	(321)		$	3	$	(2,402)

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 (losses):

	For the Nine Months Ended September 30,				For the Three Months Ended September 30,
	2020		2019		2020		2019
	(in millions)
Benefit Plans: (1)
Net loss	$	129	$	135	$	60	$	42
Prior service cost/credit	(18)		(22)		(5)		(7)
	111		113		55		35
ABI (2)	29		(35)		44		(4)
Pre-tax amounts reclassified from accumulated other comprehensive losses to net earnings (losses)	$	140	$	78	$	99	$	31

(1) Amounts are included in net defined benefit plan costs. For further details, see Note 6. Benefit Plans.

(2) Amounts are included in earnings (losses) from equity investments. For further information, see Note 4. Investments in Equity Securities.