Balance Sheet: Liabilities and Stockholders’ Equity

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Liabilities represents obligations of a company arising from past events, the settlement of which is expected to result in an outflow of economic benefits from the entity.

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

US$ in millions

	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Current portion of long-term debt	1,121)	1,556)	1,105)	1,500)	1,000)
Accounts payable	582)	552)	449)	380)	325)
Marketing	716)	599)	664)	523)	393)
Settlement charges	2,563)	2,925)	3,349)	3,564)	3,346)
Other	1,902)	1,299)	1,365)	1,494)	1,545)
Accrued liabilities	5,181)	4,823)	5,378)	5,581)	5,284)
Deferred gain from the sale of IQOS System commercialization rights	2,700)	—)	—)	—)	—)
Dividends payable	1,735)	1,685)	1,647)	1,602)	1,565)
Current liabilities	11,319)	8,616)	8,579)	9,063)	8,174)
Long-term debt, excluding current portion	25,112)	25,124)	26,939)	27,971)	27,042)
Deferred income taxes	2,799)	2,897)	3,692)	4,532)	5,083)
Accrued pension costs	130)	133)	200)	551)	473)
Accrued postretirement health care costs	1,079)	1,083)	1,436)	1,951)	1,797)
Deferred gain from the sale of IQOS System commercialization rights	—)	2,700)	—)	—)	—)
Other liabilities	1,621)	324)	283)	381)	345)
Non-current liabilities	30,741)	32,261)	32,550)	35,386)	34,740)
Total liabilities	42,060)	40,877)	41,129)	44,449)	42,914)
Redeemable noncontrolling interest	—)	—)	—)	40)	38)
Common stock, par value $0.33 1/3 per share	935)	935)	935)	935)	935)
Additional paid-in capital	5,906)	5,887)	5,857)	5,910)	5,970)
Earnings reinvested in the business	31,094)	29,792)	30,664)	34,679)	36,539)
Accumulated other comprehensive losses	(2,673)	(2,771)	(3,056)	(4,341)	(2,864)
Cost of repurchased stock	(38,802)	(37,816)	(36,006)	(34,344)	(34,358)
Stockholders’ equity (deficit) attributable to Altria	(3,540)	(3,973)	(1,606)	2,839)	6,222)
Noncontrolling interests	50)	50)	—)	86)	97)
Total stockholders’ equity (deficit)	(3,490)	(3,923)	(1,606)	2,925)	6,319)
Total liabilities and stockholders’ equity (deficit)	38,570)	36,954)	39,523)	47,414)	49,271)

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).

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Altria Group Inc. (NYSE:MO)

Balance Sheet: Liabilities and Stockholders’ Equity