Stock Analysis on Net
Stock Analysis on Net

Altria Group Inc. (NYSE:MO)

Common-Size Balance Sheet: Liabilities and Stockholders’ Equity
Quarterly Data

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

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Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019
Short-term borrowings 0.00 0.00 0.00 5.38 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 5.70 0.00 0.00 0.00 0.00
Current portion of long-term debt 0.00 2.91 3.07 3.02 3.64 4.21 4.25 7.17 6.26 2.80 2.79 0.00 3.08 3.16 3.22 2.99 0.00 2.03 1.89 3.73 3.62
Accounts payable 1.38 1.51 1.34 1.22 1.12 1.49 1.23 1.08 0.94 1.14 0.67 0.59 0.56 0.80 0.75 0.54 0.53 0.66 0.46 0.39 0.35
Marketing 1.97 1.86 1.82 1.86 1.59 1.62 2.04 1.93 1.64 1.68 1.72 1.54 1.12 1.10 1.12 0.97 0.89 0.80 1.05 1.00 0.83
Settlement charges 9.38 6.65 6.55 4.20 10.37 7.92 8.04 4.76 10.51 8.47 7.57 4.46 9.31 7.52 6.87 4.13 8.40 6.79 5.85 3.51 7.37
Other 5.21 4.93 3.50 3.93 3.54 3.52 3.30 3.25 3.75 3.45 2.80 2.85 3.18 3.15 2.39 6.98 2.71 3.14 2.26 2.59 2.38
Accrued liabilities 16.56% 13.43% 11.87% 9.99% 15.51% 13.05% 13.38% 9.94% 15.89% 13.61% 12.09% 8.85% 13.60% 11.77% 10.37% 12.08% 11.99% 10.72% 9.15% 7.11% 10.58%
Deferred gain from the sale of IQOS System commercialization rights 7.40 7.00 7.40 7.27 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Dividends payable 4.63 4.50 4.78 4.51 4.58 4.56 4.99 4.44 4.07 4.17 4.20 3.59 3.28 3.38 3.43 3.12 2.97 3.18 2.97 2.61 2.53
Liabilities held for sale 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.75 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Current liabilities 29.98% 29.35% 28.47% 31.40% 24.84% 23.32% 23.85% 22.62% 27.16% 21.71% 20.50% 13.03% 20.51% 19.11% 17.77% 18.73% 21.20% 16.59% 14.48% 13.83% 17.08%
Long-term debt, excluding current portion 68.66 65.11 65.75 64.80 65.30 67.99 73.18 68.16 63.14 68.16 68.30 63.62 57.77 58.99 59.49 54.86 51.26 54.88 50.84 47.12 45.62
Deferred income taxes 7.40 7.26 6.93 7.12 7.43 7.84 9.81 10.61 9.36 9.34 8.99 10.77 9.69 9.56 10.13 9.66 9.87 10.32 9.90 9.35 9.04
Accrued pension costs 0.35 0.34 0.35 0.34 0.35 0.36 0.58 0.54 0.49 0.51 0.71 0.93 0.99 1.16 0.87 0.75 0.81 0.96 0.67 0.76 0.84
Accrued postretirement health care costs 2.96 2.80 3.01 2.94 2.95 2.93 4.23 3.91 3.57 3.63 3.82 3.41 4.00 4.11 3.85 3.59 3.42 3.65 3.33 3.07 2.98
Deferred gain from the sale of IQOS System commercialization rights 0.00 0.00 0.00 0.00 7.33 7.31 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Other liabilities 4.54 4.20 4.71 3.56 2.20 0.88 0.82 0.71 0.64 0.72 0.78 0.80 0.81 0.80 0.88 0.82 0.76 0.70 0.60 0.63 0.60
Non-current liabilities 83.90% 79.70% 80.74% 78.77% 85.55% 87.30% 88.62% 83.92% 77.21% 82.36% 82.60% 79.54% 73.27% 74.63% 75.22% 69.67% 66.12% 70.51% 65.34% 60.95% 59.08%
Total liabilities 113.88% 109.05% 109.21% 110.17% 110.39% 110.62% 112.46% 106.54% 104.37% 104.06% 103.10% 92.57% 93.78% 93.75% 92.99% 88.40% 87.31% 87.10% 79.82% 74.78% 76.16%
Redeemable noncontrolling interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.10 0.09 0.08 0.08 0.08 0.08 0.07 0.08 0.07 0.07 0.06
Common stock, par value $0.33 1/3 per share 2.56 2.42 2.56 2.52 2.54 2.53 2.75 2.54 2.32 2.37 2.36 2.11 1.92 1.97 2.00 1.86 1.78 1.90 1.77 1.63 1.58
Additional paid-in capital 15.14 15.31 16.16 15.83 15.93 15.93 17.30 15.95 14.53 14.82 14.78 13.16 12.11 12.46 12.80 11.88 11.33 12.12 11.26 10.35 10.03
Earnings reinvested in the business 86.46 80.62 84.36 81.67 81.19 80.62 84.78 82.33 77.02 77.59 77.56 79.00 70.75 73.14 73.64 73.52 69.42 74.16 75.43 76.66 73.58
Accumulated other comprehensive losses -6.21 -6.93 -6.78 -7.29 -7.55 -7.50 -7.02 -6.47 -7.36 -7.73 -8.67 -8.11 -7.74 -9.16 -8.10 -7.52 -4.81 -5.81 -4.54 -4.60 -4.59
Cost of repurchased stock -111.96 -100.60 -105.66 -103.02 -102.63 -102.33 -110.28 -100.89 -90.89 -91.10 -89.23 -78.81 -71.06 -72.43 -73.62 -68.42 -65.27 -69.73 -63.99 -58.88 -56.83
Stockholders’ equity (deficit) attributable to Altria -14.02% -9.18% -9.34% -10.30% -10.53% -10.75% -12.46% -6.54% -4.37% -4.06% -3.20% 7.34% 5.97% 5.99% 6.73% 11.33% 12.43% 12.63% 19.93% 25.15% 23.77%
Noncontrolling interests 0.14 0.13 0.14 0.13 0.14 0.14 0.00 0.00 0.00 0.00 0.01 0.00 0.17 0.18 0.20 0.20 0.18 0.20 0.17 0.00 0.00
Total stockholders’ equity (deficit) -13.88% -9.05% -9.21% -10.17% -10.39% -10.62% -12.46% -6.54% -4.37% -4.06% -3.20% 7.34% 6.14% 6.17% 6.93% 11.53% 12.61% 12.82% 20.10% 25.16% 23.77%
Total liabilities and stockholders’ equity (deficit) 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%

Based on: 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31).

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 Q3 2023 to Q4 2023 and from Q4 2023 to Q1 2024.
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) decreased from Q3 2023 to Q4 2023 but then increased from Q4 2023 to Q1 2024 exceeding Q3 2023 level.
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) decreased from Q3 2023 to Q4 2023 but then increased from Q4 2023 to Q1 2024 exceeding Q3 2023 level.
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) increased from Q3 2023 to Q4 2023 but then decreased significantly from Q4 2023 to Q1 2024.