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Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2023
Dec. 31, 2022
Assets    
Cash and cash equivalents $ 874,000,000 $ 4,030,000,000
Receivables:    
Receivable from the sale of IQOS System commercialization rights 1,772,000,000 1,721,000,000
Other 63,000,000 48,000,000
Inventories:    
Leaf tobacco 599,000,000 704,000,000
Other raw materials 209,000,000 186,000,000
Work in process 29,000,000 24,000,000
Finished product 354,000,000 266,000,000
Inventory, net 1,191,000,000 1,180,000,000
Other current assets 438,000,000 241,000,000
Total current assets 4,338,000,000 7,220,000,000
Property, plant and equipment, at cost 4,487,000,000 4,427,000,000
Less accumulated depreciation 2,861,000,000 2,819,000,000
Property, plant and equipment, net 1,626,000,000 1,608,000,000
Goodwill 6,790,000,000 5,177,000,000
Other intangible assets, net 13,749,000,000 12,384,000,000
Investments in equity securities ($0 million and $250 million at June 30, 2023 and December 31, 2022, respectively, measured at fair value) 9,643,000,000 9,600,000,000
Other assets 1,005,000,000 965,000,000
Total Assets 37,151,000,000 36,954,000,000
Liabilities    
Short-term borrowings 2,000,000,000 0
Current portion of long-term debt 1,121,000,000 1,556,000,000
Accounts payable 454,000,000 552,000,000
Accrued liabilities:    
Marketing 691,000,000 599,000,000
Settlement charges 1,562,000,000 2,925,000,000
Other 1,459,000,000 1,299,000,000
Deferred gain from the sale of IQOS System commercialization rights 2,700,000,000 0
Dividends payable 1,677,000,000 1,685,000,000
Total current liabilities 11,664,000,000 8,616,000,000
Long-term debt 24,074,000,000 25,124,000,000
Deferred income taxes 2,646,000,000 2,897,000,000
Accrued pension costs 128,000,000 133,000,000
Accrued postretirement health care costs 1,092,000,000 1,083,000,000
Deferred gain from the sale of IQOS System commercialization rights 0 2,700,000,000
Other liabilities 1,324,000,000 324,000,000
Total liabilities 40,928,000,000 40,877,000,000
Contingencies (Note 13)
Stockholders’ Equity (Deficit)    
Common stock, par value $0.33 1/3 per share (2,805,961,317 shares issued) 935,000,000 935,000,000
Additional paid-in capital 5,880,000,000 5,887,000,000
Earnings reinvested in the business 30,340,000,000 29,792,000,000
Accumulated other comprehensive losses (2,709,000,000) (2,771,000,000)
Cost of repurchased stock (1,030,214,027 shares at June 30, 2023 and 1,020,427,195 shares at December 31, 2022) (38,273,000,000) (37,816,000,000)
Total stockholders’ equity (deficit) attributable to Altria (3,827,000,000) (3,973,000,000)
Noncontrolling interests 50,000,000 50,000,000
Total stockholders’ equity (deficit) (3,777,000,000) (3,923,000,000)
Total Liabilities and Stockholders’ Equity (Deficit) $ 37,151,000,000 $ 36,954,000,000