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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2025
Dec. 31, 2024
Assets    
Cash and cash equivalents $ 4,474 $ 3,127
Receivables 263 177
Inventories:    
Leaf tobacco 531 591
Other raw materials 245 190
Work in process 13 21
Finished product 281 278
Inventory, net 1,070 1,080
Other current assets 125 129
Total current assets 5,932 4,513
Property, plant and equipment, at cost:    
Land and land improvements 125 124
Buildings and building equipment 1,574 1,552
Machinery and equipment 2,653 2,662
Construction in progress 320 199
Property, plant and equipment, at cost 4,672 4,537
Less accumulated depreciation 2,962 2,920
Property, plant and equipment, net 1,710 1,617
Goodwill 5,787 6,945
Other intangible assets, net 11,876 12,973
Investments in equity securities 8,617 8,195
Other assets 1,095 934
Total Assets 35,017 35,177
Liabilities    
Current portion of long-term debt 1,569 1,527
Accounts payable 750 700
Accrued liabilities:    
Marketing 928 688
Settlement charges 2,178 2,354
Other 1,947 1,780
Dividends payable 1,782 1,732
Total current liabilities 9,154 8,781
Long-term debt 24,140 23,399
Deferred income taxes 3,370 3,749
Accrued pension costs 122 136
Accrued postretirement health care costs 939 935
Other liabilities 744 365
Total liabilities 38,469 37,365
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 5,921 5,905
Earnings reinvested in the business 35,452 35,516
Accumulated other comprehensive losses (2,627) (2,400)
Cost of repurchased stock (1,131,643,020 shares at December 31, 2025 and 1,115,309,450 shares at December 31, 2024) (43,183) (42,194)
Total stockholders’ equity (deficit) attributable to Altria (3,502) (2,238)
Noncontrolling interest 50 50
Total stockholders’ equity (deficit) (3,452) (2,188)
Total Liabilities and Stockholders’ Equity (Deficit) $ 35,017 $ 35,177