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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2024
Dec. 31, 2023
Assets    
Cash and cash equivalents $ 3,127 $ 3,686
Receivables 177 71
Inventories:    
Leaf tobacco 591 649
Other raw materials 190 204
Work in process 21 22
Finished product 278 340
Inventory, net 1,080 1,215
Income taxes 93 496
Other current assets 36 117
Total current assets 4,513 5,585
Property, plant and equipment, at cost:    
Land and land improvements 124 123
Buildings and building equipment 1,552 1,535
Machinery and equipment 2,662 2,684
Construction in progress 199 240
Property, plant and equipment, at cost 4,537 4,582
Less accumulated depreciation 2,920 2,930
Property, plant and equipment, net 1,617 1,652
Goodwill 6,945 6,791
Other intangible assets, net 12,973 13,686
Investments in equity securities 8,195 10,011
Other assets 934 845
Total Assets 35,177 38,570
Liabilities    
Current portion of long-term debt 1,527 1,121
Accounts payable 700 582
Accrued liabilities:    
Marketing 688 716
Settlement charges 2,354 2,563
Other 1,780 1,902
Deferred gain from the sale of IQOS System commercialization rights 0 2,700
Dividends payable 1,732 1,735
Total current liabilities 8,781 11,319
Long-term debt 23,399 25,112
Deferred income taxes 3,749 2,799
Accrued pension costs 136 130
Accrued postretirement health care costs 935 1,079
Other liabilities 365 1,621
Total liabilities 37,365 42,060
Contingencies (Note 17)
Stockholders’ Equity (Deficit)    
Common stock, par value $0.33 1/3 per share (2,805,961,317 shares issued) 935 935
Additional paid-in capital 5,905 5,906
Earnings reinvested in the business 35,516 31,094
Accumulated other comprehensive losses (2,400) (2,673)
Cost of repurchased stock (1,115,309,450 shares at December 31, 2024 and 1,042,499,542 shares at December 31, 2023) (42,194) (38,802)
Total stockholders’ equity (deficit) attributable to Altria (2,238) (3,540)
Noncontrolling interests 50 50
Total stockholders’ equity (deficit) (2,188) (3,490)
Total Liabilities and Stockholders’ Equity (Deficit) $ 35,177 $ 38,570