Stock Analysis on Net
Stock Analysis on Net

Altria Group Inc. (NYSE:MO)

Common-Size Balance Sheet: Liabilities and Stockholders’ Equity

Altria Group Inc., common-size consolidated balance sheet: liabilities and stockholders’ equity

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Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Current portion of long-term debt 2.91 4.21 2.80 3.16 2.03
Accounts payable 1.51 1.49 1.14 0.80 0.66
Marketing 1.86 1.62 1.68 1.10 0.80
Settlement charges 6.65 7.92 8.47 7.52 6.79
Other 4.93 3.52 3.45 3.15 3.14
Accrued liabilities 13.43% 13.05% 13.61% 11.77% 10.72%
Deferred gain from the sale of IQOS System commercialization rights 7.00 0.00 0.00 0.00 0.00
Dividends payable 4.50 4.56 4.17 3.38 3.18
Current liabilities 29.35% 23.32% 21.71% 19.11% 16.59%
Long-term debt, excluding current portion 65.11 67.99 68.16 58.99 54.88
Deferred income taxes 7.26 7.84 9.34 9.56 10.32
Accrued pension costs 0.34 0.36 0.51 1.16 0.96
Accrued postretirement health care costs 2.80 2.93 3.63 4.11 3.65
Deferred gain from the sale of IQOS System commercialization rights 0.00 7.31 0.00 0.00 0.00
Other liabilities 4.20 0.88 0.72 0.80 0.70
Non-current liabilities 79.70% 87.30% 82.36% 74.63% 70.51%
Total liabilities 109.05% 110.62% 104.06% 93.75% 87.10%
Redeemable noncontrolling interest 0.00 0.00 0.00 0.08 0.08
Common stock, par value $0.33 1/3 per share 2.42 2.53 2.37 1.97 1.90
Additional paid-in capital 15.31 15.93 14.82 12.46 12.12
Earnings reinvested in the business 80.62 80.62 77.59 73.14 74.16
Accumulated other comprehensive losses -6.93 -7.50 -7.73 -9.16 -5.81
Cost of repurchased stock -100.60 -102.33 -91.10 -72.43 -69.73
Stockholders’ equity (deficit) attributable to Altria -9.18% -10.75% -4.06% 5.99% 12.63%
Noncontrolling interests 0.13 0.14 0.00 0.18 0.20
Total stockholders’ equity (deficit) -9.05% -10.62% -4.06% 6.17% 12.82%
Total liabilities and stockholders’ equity (deficit) 100.00% 100.00% 100.00% 100.00% 100.00%

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

Balance sheet item Description The company
Current liabilities Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer. Altria Group Inc. current liabilities as a percentage of total liabilities and stockholders’ equity (deficit) increased from 2021 to 2022 and from 2022 to 2023.
Non-current liabilities Amount of obligation due after one year or beyond the normal operating cycle, if longer. Altria Group Inc. non-current liabilities as a percentage of total liabilities and stockholders’ equity (deficit) increased from 2021 to 2022 but then decreased significantly from 2022 to 2023.
Total liabilities Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future. Altria Group Inc. total liabilities as a percentage of total liabilities and stockholders’ equity (deficit) increased from 2021 to 2022 but then slightly decreased from 2022 to 2023.
Stockholders’ equity (deficit) attributable to Altria Total of all stockholders’ equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity stockholders’ equity attributable to the parent excludes the amount of stockholders’ equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. Altria Group Inc. stockholders’ equity (deficit) attributable to Altria as a percentage of total liabilities and stockholders’ equity (deficit) decreased from 2021 to 2022 but then slightly increased from 2022 to 2023.