Microsoft Excel LibreOffice Calc

Altria Group Inc. (MO)

Statement of Financial Position, Liabilities and Stockholders’ Equity
Quarterly Data

Difficulty: Beginner

The statement of financial position provides creditors, investors, and analysts with information on company’s resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company’s 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 Statement of Financial Position, Liabilities and Stockholders’ Equity (quarterly data)

USD $ in millions

Microsoft Excel LibreOffice Calc
Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015 Dec 31, 2014 Sep 30, 2014 Jun 30, 2014 Mar 31, 2014 Dec 31, 2013 Sep 30, 2013 Jun 30, 2013 Mar 31, 2013
Current portion of long-term debt 2,007  864  864  864  –  –  –  –  –  –  4  4  3  1,003  1,000  1,000  1,300  –  –  525  1,984  1,984  1,984 
Accounts payable 289  209  203  374  270  194  235  425  296  193  208  400  307  290  274  416  332  311  321  409  347  275  259 
Marketing 690  699  707  695  759  763  725  747  797  726  687  695  766  674  605  618  567  521  443  512  523  513  468 
Employment costs 147  108  68  188  152  111  74  289  216  169  137  198  146  104  67  186  141  101  65  255  215  169  126 
Settlement charges 3,230  2,105  3,458  2,442  3,383  2,223  4,790  3,701  3,429  2,264  4,760  3,590  3,216  2,206  4,551  3,500  3,139  2,044  4,310  3,391  3,047  2,088  4,143 
Other 775  1,078  845  971  834  1,007  876  1,025  964  1,053  1,121  1,081  1,019  961  890  925  857  1,115  970  1,007  1,258  1,156  1,032 
Accrued liabilities 4,842  3,990  5,078  4,296  5,128  4,104  6,465  5,762  5,406  4,212  6,705  5,564  5,147  3,945  6,113  5,229  4,704  3,781  5,788  5,165  5,043  3,926  5,769 
Income taxes –  –  –  –  –  108  416  –  –  –  590  –  –  –  482  –  –  –  518  –  –  –  600 
Dividends payable 1,508  1,325  1,330  1,258  1,264  1,176  1,184  1,188  1,193  1,107  1,109  1,110  1,110  1,023  1,026  1,028  1,031  954  957  959  963  885  886 
Current liabilities 8,646  6,388  7,475  6,792  6,662  5,582  8,300  7,375  6,895  5,512  8,616  7,078  6,567  6,261  8,895  7,673  7,367  5,046  7,584  7,058  8,337  7,070  9,498 
Long-term debt, excluding current portion 11,896  13,036  13,033  13,030  13,890  13,887  13,884  13,881  13,878  12,837  12,846  12,915  12,918  12,917  12,901  13,693  12,693  13,993  13,992  13,992  12,892  12,890  11,894 
Deferred income taxes 5,427  5,376  5,292  5,247  8,234  8,527  8,309  8,416  5,607  5,659  5,606  5,663  5,831  6,011  5,907  6,088  6,829  6,970  6,908  6,854  6,466  6,560  6,657 
Accrued pension costs 260  323  382  445  611  676  738  805  863  1,426  1,479  1,277  903  945  978  1,012  215  213  213  212  1,243  1,293  1,323 
Accrued postretirement health care costs 1,983  1,989  1,987  1,987  2,185  2,203  2,212  2,217  2,296  2,296  2,314  2,245  2,444  2,451  2,454  2,461  2,150  2,152  2,156  2,155  2,492  2,498  2,501 
Other liabilities 207  230  296  283  372  394  431  427  412  415  417  447  420  475  515  503  502  481  406  435  505  530  528 
Non-current liabilities 19,773  20,954  20,990  20,992  25,292  25,687  25,574  25,746  23,056  22,633  22,662  22,547  22,516  22,799  22,755  23,757  22,389  23,809  23,675  23,648  23,598  23,771  22,903 
Total liabilities 28,419  27,342  28,465  27,784  31,954  31,269  33,874  33,121  29,951  28,145  31,278  29,625  29,083  29,060  31,650  31,430  29,756  28,855  31,259  30,706  31,935  30,841  32,401 
Redeemable noncontrolling interest 38  37  37  38  37  36  38  38  36  36  37  37  35  36  34  35  35  34  34  35  34  33  35 
Common stock, par value $0.33 1/3 per share 935  935  935  935  935  935  935  935  935  935  935  935  935  935  935  935  935  935  935  935  935  935  935 
Additional paid-in capital 5,959  5,948  5,938  5,952  5,940  5,928  5,909  5,893  5,864  5,851  5,818  5,813  5,800  5,768  5,754  5,735  5,723  5,692  5,678  5,714  5,701  5,670  5,656 
Earnings reinvested in the business 43,805  43,369  42,816  42,251  38,542  37,939  37,124  36,906  27,816  27,915  27,367  27,257  27,118  26,698  26,271  26,277  26,066  25,698  25,388  25,168  25,636  25,201  24,817 
Accumulated other comprehensive losses (2,034) (1,652) (1,927) (1,897) (1,946) (1,838) (2,212) (2,052) (3,278) (3,340) (3,327) (3,280) (3,157) (2,878) (2,945) (2,682) (1,454) (1,229) (1,318) (1,378) (2,223) (2,330) (2,068)
Cost of repurchased stock (33,171) (32,804) (32,368) (31,864) (31,305) (30,546) (29,496) (28,912) (28,393) (28,221) (28,048) (27,845) (27,809) (27,744) (27,482) (27,251) (26,976) (26,701) (26,568) (26,320) (26,068) (25,911) (25,771)
Stockholders’ equity attributable to Altria 15,494  15,796  15,394  15,377  12,166  12,418  12,260  12,770  2,944  3,140  2,745  2,880  2,887  2,779  2,533  3,014  4,294  4,395  4,115  4,119  3,981  3,565  3,569 
Noncontrolling interests 2  2  3  3  3  3  3  3  3  3  3  (7) (6) (6) (5) (4) (3) (2) (2) (1) –  1  1 
Total stockholders’ equity 15,496  15,798  15,397  15,380  12,169  12,421  12,263  12,773  2,947  3,143  2,748  2,873  2,881  2,773  2,528  3,010  4,291  4,393  4,113  4,118  3,981  3,566  3,570 
Total liabilities and stockholders’ equity 43,953  43,177  43,899  43,202  44,160  43,726  46,175  45,932  32,934  31,324  34,063  32,535  31,999  31,869  34,212  34,475  34,082  33,282  35,406  34,859  35,950  34,440  36,006 

Based on: 10-Q (filing date: 2018-10-25), 10-Q (filing date: 2018-07-26), 10-Q (filing date: 2018-04-26), 10-K (filing date: 2018-02-27), 10-Q (filing date: 2017-10-26), 10-Q (filing date: 2017-07-27), 10-Q (filing date: 2017-05-02), 10-K (filing date: 2017-02-27), 10-Q (filing date: 2016-10-27), 10-Q (filing date: 2016-07-27), 10-Q (filing date: 2016-04-28), 10-K (filing date: 2016-02-25), 10-Q (filing date: 2015-10-29), 10-Q (filing date: 2015-07-29), 10-Q (filing date: 2015-04-23), 10-K (filing date: 2015-02-25), 10-Q (filing date: 2014-10-30), 10-Q (filing date: 2014-07-22), 10-Q (filing date: 2014-04-24), 10-K (filing date: 2014-02-26), 10-Q (filing date: 2013-10-24), 10-Q (filing date: 2013-07-24), 10-Q (filing date: 2013-04-25).

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.’s current liabilities declined from Q1 2018 to Q2 2018 but then increased from Q2 2018 to Q3 2018 exceeding Q1 2018 level.
Non-current liabilities Amount of obligation due after one year or beyond the normal operating cycle, if longer. Altria Group Inc.’s non-current liabilities declined from Q1 2018 to Q2 2018 and from Q2 2018 to Q3 2018.
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.’s total liabilities declined from Q1 2018 to Q2 2018 but then increased from Q2 2018 to Q3 2018 not reaching Q1 2018 level.
Stockholders’ equity 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’s 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.’s stockholders’ equity attributable to Altria increased from Q1 2018 to Q2 2018 but then slightly declined from Q2 2018 to Q3 2018 not reaching Q1 2018 level.