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Condensed Consolidating Financial Information (Tables) | 9 Months Ended
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Sep. 30, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract] |
Condensed Consolidating Balance Sheet | Condensed Consolidating Balance Sheets September 30, 2016 (in millions of dollars)
|  | Altria Group, Inc. |  |  | PM USA |  |  | Non- Guarantor Subsidiaries |  |  | Total Consolidating Adjustments |  |  | Consolidated |
Assets |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents |  | $ | 2,239 |  |  | $ | 1 |  |  | $ | 58 |  |  | $ | — |  |  | $ | 2,298 |
Receivables |  | — |  |  | 7 |  |  | 139 |  |  | — |  |  | 146 |
Inventories: |  |  |  |  |  |  |  |  |  |
Leaf tobacco |  | — |  |  | 510 |  |  | 334 |  |  | — |  |  | 844 |
Other raw materials |  | — |  |  | 114 |  |  | 60 |  |  | — |  |  | 174 |
Work in process |  | — |  |  | 6 |  |  | 404 |  |  | — |  |  | 410 |
Finished product |  | — |  |  | 133 |  |  | 419 |  |  | — |  |  | 552 |
|  | — |  |  | 763 |  |  | 1,217 |  |  | — |  |  | 1,980 |
Due from Altria Group, Inc. and subsidiaries |  | — |  |  | 3,673 |  |  | 1,453 |  |  | (5,126 | ) |  | — |
Deferred income taxes |  | — |  |  | 1,277 |  |  | 9 |  |  | (98 | ) |  | 1,188 |
Other current assets |  | 573 |  |  | 238 |  |  | 50 |  |  | (70 | ) |  | 791 |
Total current assets |  | 2,812 |  |  | 5,959 |  |  | 2,926 |  |  | (5,294 | ) |  | 6,403 |
Property, plant and equipment, at cost |  | — |  |  | 2,983 |  |  | 1,837 |  |  | — |  |  | 4,820 |
Less accumulated depreciation |  | — |  |  | 2,082 |  |  | 769 |  |  | — |  |  | 2,851 |
|  | — |  |  | 901 |  |  | 1,068 |  |  | — |  |  | 1,969 |
Goodwill |  | — |  |  | — |  |  | 5,285 |  |  | — |  |  | 5,285 |
Other intangible assets, net |  | — |  |  | 2 |  |  | 12,040 |  |  | — |  |  | 12,042 |
Investment in SABMiller |  | 5,826 |  |  | — |  |  | — |  |  | — |  |  | 5,826 |
Investment in consolidated subsidiaries |  | 11,805 |  |  | 2,714 |  |  | — |  |  | (14,519 | ) |  | — |
Finance assets, net |  | — |  |  | — |  |  | 1,046 |  |  | — |  |  | 1,046 |
Due from Altria Group, Inc. and subsidiaries |  | 4,790 |  |  | — |  |  | — |  |  | (4,790 | ) |  | — |
Other assets |  | 18 |  |  | 537 |  |  | 144 |  |  | (336 | ) |  | 363 |
Total Assets |  | $ | 25,251 |  |  | $ | 10,113 |  |  | $ | 22,509 |  |  | $ | (24,939 | ) |  | $ | 32,934 |
Condensed Consolidating Balance Sheets (Continued) September 30, 2016 (in millions of dollars)
|  | Altria Group, Inc. |  |  | PM USA |  |  | Non- Guarantor Subsidiaries |  |  | Total Consolidating Adjustments |  |  | Consolidated |
Liabilities |  |  |  |  |  |  |  |  |  |
Accounts payable |  | $ | 3 |  |  | $ | 86 |  |  | $ | 207 |  |  | $ | — |  |  | $ | 296 |
Accrued liabilities: |  |  |  |  |  |  |  |  |  |
Marketing |  | — |  |  | 681 |  |  | 116 |  |  | — |  |  | 797 |
Employment costs |  | 80 |  |  | 7 |  |  | 129 |  |  | — |  |  | 216 |
Settlement charges |  | — |  |  | 3,422 |  |  | 7 |  |  | — |  |  | 3,429 |
Other |  | 301 |  |  | 517 |  |  | 314 |  |  | (168 | ) |  | 964 |
Dividends payable |  | 1,193 |  |  | — |  |  | — |  |  | — |  |  | 1,193 |
Due to Altria Group, Inc. and subsidiaries |  | 4,850 |  |  | 266 |  |  | 10 |  |  | (5,126 | ) |  | — |
Total current liabilities |  | 6,427 |  |  | 4,979 |  |  | 783 |  |  | (5,294 | ) |  | 6,895 |
Long-term debt |  | 13,878 |  |  | — |  |  | — |  |  | — |  |  | 13,878 |
Deferred income taxes |  | 1,694 |  |  | — |  |  | 4,249 |  |  | (336 | ) |  | 5,607 |
Accrued pension costs |  | 193 |  |  | — |  |  | 670 |  |  | — |  |  | 863 |
Accrued postretirement health care costs |  | — |  |  | 1,459 |  |  | 837 |  |  | — |  |  | 2,296 |
Due to Altria Group, Inc. and subsidiaries |  | — |  |  | — |  |  | 4,790 |  |  | (4,790 | ) |  | — |
Other liabilities |  | 115 |  |  | 164 |  |  | 133 |  |  | — |  |  | 412 |
Total liabilities |  | 22,307 |  |  | 6,602 |  |  | 11,462 |  |  | (10,420 | ) |  | 29,951 |
Contingencies |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Redeemable noncontrolling interest |  | — |  |  | — |  |  | 36 |  |  | — |  |  | 36 |
Stockholders’ Equity |  |  |  |  |  |  |  |  |  |
Common stock |  | 935 |  |  | — |  |  | 9 |  |  | (9 | ) |  | 935 |
Additional paid-in capital |  | 5,864 |  |  | 3,310 |  |  | 11,585 |  |  | (14,895 | ) |  | 5,864 |
Earnings reinvested in the business |  | 27,816 |  |  | 467 |  |  | 1,213 |  |  | (1,680 | ) |  | 27,816 |
Accumulated other comprehensive losses |  | (3,278 | ) |  | (266 | ) |  | (1,799 | ) |  | 2,065 |  |  | (3,278 | )
Cost of repurchased stock |  | (28,393 | ) |  | — |  |  | — |  |  | — |  |  | (28,393 | )
Total stockholders’ equity attributable to Altria Group, Inc. |  | 2,944 |  |  | 3,511 |  |  | 11,008 |  |  | (14,519 | ) |  | 2,944 |
Noncontrolling interests |  | — |  |  | — |  |  | 3 |  |  | — |  |  | 3 |
Total stockholders’ equity |  | 2,944 |  |  | 3,511 |  |  | 11,011 |  |  | (14,519 | ) |  | 2,947 |
Total Liabilities and Stockholders’ Equity |  | $ | 25,251 |  |  | $ | 10,113 |  |  | $ | 22,509 |  |  | $ | (24,939 | ) |  | $ | 32,934 |
Condensed Consolidating Balance Sheets December 31, 2015 (in millions of dollars)
|  | Altria Group, Inc. |  |  | PM USA |  |  | Non- Guarantor Subsidiaries |  |  | Total Consolidating Adjustments |  |  | Consolidated |
Assets |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents |  | $ | 2,313 |  |  | $ | — |  |  | $ | 56 |  |  | $ | — |  |  | $ | 2,369 |
Receivables |  | — |  |  | 7 |  |  | 117 |  |  | — |  |  | 124 |
Inventories: |  |  |  |  |  |  |  |  |  |
Leaf tobacco |  | — |  |  | 562 |  |  | 395 |  |  | — |  |  | 957 |
Other raw materials |  | — |  |  | 123 |  |  | 58 |  |  | — |  |  | 181 |
Work in process |  | — |  |  | 5 |  |  | 439 |  |  | — |  |  | 444 |
Finished product |  | — |  |  | 121 |  |  | 328 |  |  | — |  |  | 449 |
|  | — |  |  | 811 |  |  | 1,220 |  |  | — |  |  | 2,031 |
Due from Altria Group, Inc. and subsidiaries |  | — |  |  | 3,821 |  |  | 1,807 |  |  | (5,628 | ) |  | — |
Deferred income taxes |  | — |  |  | 1,268 |  |  | 7 |  |  | (100 | ) |  | 1,175 |
Other current assets |  | 284 |  |  | 65 |  |  | 112 |  |  | (74 | ) |  | 387 |
Total current assets |  | 2,597 |  |  | 5,972 |  |  | 3,319 |  |  | (5,802 | ) |  | 6,086 |
Property, plant and equipment, at cost |  | — |  |  | 3,102 |  |  | 1,775 |  |  | — |  |  | 4,877 |
Less accumulated depreciation |  | — |  |  | 2,157 |  |  | 738 |  |  | — |  |  | 2,895 |
|  | — |  |  | 945 |  |  | 1,037 |  |  | — |  |  | 1,982 |
Goodwill |  | — |  |  | — |  |  | 5,285 |  |  | — |  |  | 5,285 |
Other intangible assets, net |  | — |  |  | 2 |  |  | 12,026 |  |  | — |  |  | 12,028 |
Investment in SABMiller |  | 5,483 |  |  | — |  |  | — |  |  | — |  |  | 5,483 |
Investment in consolidated subsidiaries |  | 11,648 |  |  | 2,715 |  |  | — |  |  | (14,363 | ) |  | — |
Finance assets, net |  | — |  |  | — |  |  | 1,239 |  |  | — |  |  | 1,239 |
Due from Altria Group, Inc. and subsidiaries |  | 4,790 |  |  | — |  |  | — |  |  | (4,790 | ) |  | — |
Other assets |  | 20 |  |  | 536 |  |  | 131 |  |  | (327 | ) |  | 360 |
Total Assets |  | $ | 24,538 |  |  | $ | 10,170 |  |  | $ | 23,037 |  |  | $ | (25,282 | ) |  | $ | 32,463 |
Condensed Consolidating Balance Sheets (Continued) December 31, 2015 (in millions of dollars)
|  | Altria Group, Inc. |  |  | PM USA |  |  | Non- Guarantor Subsidiaries |  |  | Total Consolidating Adjustments |  |  | Consolidated |
Liabilities |  |  |  |  |  |  |  |  |  |
Current portion of long-term debt |  | $ | — |  |  | $ | — |  |  | $ | 4 |  |  | $ | — |  |  | $ | 4 |
Accounts payable |  | 3 |  |  | 104 |  |  | 293 |  |  | — |  |  | 400 |
Accrued liabilities: |  |  |  |  |  |  |  |  |  |
Marketing |  | — |  |  | 586 |  |  | 109 |  |  | — |  |  | 695 |
Employment costs |  | 18 |  |  | 11 |  |  | 169 |  |  | — |  |  | 198 |
Settlement charges |  | — |  |  | 3,585 |  |  | 5 |  |  | — |  |  | 3,590 |
Other |  | 354 |  |  | 616 |  |  | 285 |  |  | (174 | ) |  | 1,081 |
Dividends payable |  | 1,110 |  |  | — |  |  | — |  |  | — |  |  | 1,110 |
Due to Altria Group, Inc. and subsidiaries |  | 5,427 |  |  | 191 |  |  | 10 |  |  | (5,628 | ) |  | — |
Total current liabilities |  | 6,912 |  |  | 5,093 |  |  | 875 |  |  | (5,802 | ) |  | 7,078 |
Long-term debt |  | 12,831 |  |  | — |  |  | 12 |  |  | — |  |  | 12,843 |
Deferred income taxes |  | 1,547 |  |  | — |  |  | 4,443 |  |  | (327 | ) |  | 5,663 |
Accrued pension costs |  | 215 |  |  | — |  |  | 1,062 |  |  | — |  |  | 1,277 |
Accrued postretirement health care costs |  | — |  |  | 1,460 |  |  | 785 |  |  | — |  |  | 2,245 |
Due to Altria Group, Inc. and subsidiaries |  | — |  |  | — |  |  | 4,790 |  |  | (4,790 | ) |  | — |
Other liabilities |  | 153 |  |  | 126 |  |  | 168 |  |  | — |  |  | 447 |
Total liabilities |  | 21,658 |  |  | 6,679 |  |  | 12,135 |  |  | (10,919 | ) |  | 29,553 |
Contingencies |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Redeemable noncontrolling interest |  | — |  |  | — |  |  | 37 |  |  | — |  |  | 37 |
Stockholders’ Equity |  |  |  |  |  |  |  |  |  |
Common stock |  | 935 |  |  | — |  |  | 9 |  |  | (9 | ) |  | 935 |
Additional paid-in capital |  | 5,813 |  |  | 3,310 |  |  | 11,456 |  |  | (14,766 | ) |  | 5,813 |
Earnings reinvested in the business |  | 27,257 |  |  | 436 |  |  | 1,099 |  |  | (1,535 | ) |  | 27,257 |
Accumulated other comprehensive losses |  | (3,280 | ) |  | (255 | ) |  | (1,692 | ) |  | 1,947 |  |  | (3,280 | )
Cost of repurchased stock |  | (27,845 | ) |  | — |  |  | — |  |  | — |  |  | (27,845 | )
Total stockholders’ equity attributable to Altria Group, Inc. |  | 2,880 |  |  | 3,491 |  |  | 10,872 |  |  | (14,363 | ) |  | 2,880 |
Noncontrolling interests |  | — |  |  | — |  |  | (7 | ) |  | — |  |  | (7 | )
Total stockholders’ equity |  | 2,880 |  |  | 3,491 |  |  | 10,865 |  |  | (14,363 | ) |  | 2,873 |
Total Liabilities and Stockholders’ Equity |  | $ | 24,538 |  |  | $ | 10,170 |  |  | $ | 23,037 |  |  | $ | (25,282 | ) |  | $ | 32,463 |
Condensed Consolidating Statements of Earnings and Comprehensive Earnings | Condensed Consolidating Statements of Earnings and Comprehensive Earnings For the Nine Months Ended September 30, 2016 (in millions of dollars)
|  | Altria Group, Inc. |  |  | PM USA |  |  | Non- Guarantor Subsidiaries |  |  | Total Consolidating Adjustments |  |  | Consolidated |
Net revenues |  | $ | — |  |  | $ | 16,874 |  |  | $ | 2,646 |  |  | $ | (28 | ) |  | $ | 19,492 |
Cost of sales |  | — |  |  | 5,084 |  |  | 785 |  |  | (28 | ) |  | 5,841 |
Excise taxes on products |  | — |  |  | 4,723 |  |  | 165 |  |  | — |  |  | 4,888 |
Gross profit |  | — |  |  | 7,067 |  |  | 1,696 |  |  | — |  |  | 8,763 |
Marketing, administration and research costs |  | 113 |  |  | 1,435 |  |  | 323 |  |  | — |  |  | 1,871 |
Asset impairment and exit costs |  | 5 |  |  | 96 |  |  | 22 |  |  | — |  |  | 123 |
Operating (expense) income |  | (118 | ) |  | 5,536 |  |  | 1,351 |  |  | — |  |  | 6,769 |
Interest and other debt expense, net |  | 393 |  |  | 13 |  |  | 165 |  |  | — |  |  | 571 |
Loss on early extinguishment of debt |  | 823 |  |  | — |  |  | — |  |  | — |  |  | 823 |
Earnings from equity investment in SABMiller |  | (564 | ) |  | — |  |  | — |  |  | — |  |  | (564 | )
Gain on derivative financial instruments |  | (205 | ) |  | — |  |  | — |  |  | — |  |  | (205 | )
(Loss) earnings before income taxes and equity earnings of subsidiaries |  | (565 | ) |  | 5,523 |  |  | 1,186 |  |  | — |  |  | 6,144 |
(Benefit) provision for income taxes |  | (269 | ) |  | 2,023 |  |  | 424 |  |  | — |  |  | 2,178 |
Equity earnings of subsidiaries |  | 4,259 |  |  | 217 |  |  | — |  |  | (4,476 | ) |  | — |
Net earnings |  | 3,963 |  |  | 3,717 |  |  | 762 |  |  | (4,476 | ) |  | 3,966 |
Net earnings attributable to noncontrolling interests |  | — |  |  | — |  |  | (3 | ) |  | — |  |  | (3 | )
Net earnings attributable to Altria Group, Inc. |  | $ | 3,963 |  |  | $ | 3,717 |  |  | $ | 759 |  |  | $ | (4,476 | ) |  | $ | 3,963 |
Net earnings |  | $ | 3,963 |  |  | $ | 3,717 |  |  | $ | 762 |  |  | $ | (4,476 | ) |  | $ | 3,966 |
Other comprehensive earnings (losses), net of deferred income taxes |  | 2 |  |  | (11 | ) |  | (107 | ) |  | 118 |  |  | 2 |
Comprehensive earnings |  | 3,965 |  |  | 3,706 |  |  | 655 |  |  | (4,358 | ) |  | 3,968 |
Comprehensive earnings attributable to noncontrolling interests |  | — |  |  | — |  |  | (3 | ) |  | — |  |  | (3 | )
Comprehensive earnings attributable to Altria Group, Inc. |  | $ | 3,965 |  |  | $ | 3,706 |  |  | $ | 652 |  |  | $ | (4,358 | ) |  | $ | 3,965 |
Condensed Consolidating Statements of Earnings and Comprehensive Earnings For the Nine Months Ended September 30, 2015 (in millions of dollars)
|  | Altria Group, Inc. |  |  | PM USA |  |  | Non- Guarantor Subsidiaries |  |  | Total Consolidating Adjustments |  |  | Consolidated |
Net revenues |  | $ | — |  |  | $ | 16,743 |  |  | $ | 2,405 |  |  | $ | (32 | ) |  | $ | 19,116 |
Cost of sales |  | — |  |  | 4,983 |  |  | 782 |  |  | (32 | ) |  | 5,733 |
Excise taxes on products |  | — |  |  | 4,834 |  |  | 157 |  |  | — |  |  | 4,991 |
Gross profit |  | — |  |  | 6,926 |  |  | 1,466 |  |  | — |  |  | 8,392 |
Marketing, administration and research costs |  | 135 |  |  | 1,511 |  |  | 305 |  |  | — |  |  | 1,951 |
Reduction of PMI tax-related receivable |  | 41 |  |  | — |  |  | — |  |  | — |  |  | 41 |
Asset impairment and exit costs |  | — |  |  | — |  |  | 4 |  |  | — |  |  | 4 |
Operating (expense) income |  | (176 | ) |  | 5,415 |  |  | 1,157 |  |  | — |  |  | 6,396 |
Interest and other debt expense, net |  | 430 |  |  | 11 |  |  | 168 |  |  | — |  |  | 609 |
Loss on early extinguishment of debt |  | 228 |  |  | — |  |  | — |  |  | — |  |  | 228 |
Earnings from equity investment in SABMiller |  | (546 | ) |  | — |  |  | — |  |  | — |  |  | (546 | )
(Loss) earnings before income taxes and equity earnings of subsidiaries |  | (288 | ) |  | 5,404 |  |  | 989 |  |  | — |  |  | 6,105 |
(Benefit) provision for income taxes |  | (200 | ) |  | 1,959 |  |  | 351 |  |  | — |  |  | 2,110 |
Equity earnings of subsidiaries |  | 4,082 |  |  | 197 |  |  | — |  |  | (4,279 | ) |  | — |
Net earnings |  | 3,994 |  |  | 3,642 |  |  | 638 |  |  | (4,279 | ) |  | 3,995 |
Net earnings attributable to noncontrolling interests |  | — |  |  | — |  |  | (1 | ) |  | — |  |  | (1 | )
Net earnings attributable to Altria Group, Inc. |  | $ | 3,994 |  |  | $ | 3,642 |  |  | $ | 637 |  |  | $ | (4,279 | ) |  | $ | 3,994 |
Net earnings |  | $ | 3,994 |  |  | $ | 3,642 |  |  | $ | 638 |  |  | $ | (4,279 | ) |  | $ | 3,995 |
Other comprehensive (losses) earnings, net of deferred income taxes |  | (475 | ) |  | 11 |  |  | 102 |  |  | (113 | ) |  | (475 | )
Comprehensive earnings |  | 3,519 |  |  | 3,653 |  |  | 740 |  |  | (4,392 | ) |  | 3,520 |
Comprehensive earnings attributable to noncontrolling interests |  | — |  |  | — |  |  | (1 | ) |  | — |  |  | (1 | )
Comprehensive earnings attributable to Altria Group, Inc. |  | $ | 3,519 |  |  | $ | 3,653 |  |  | $ | 739 |  |  | $ | (4,392 | ) |  | $ | 3,519 |
Condensed Consolidating Statements of Earnings and Comprehensive Earnings For the Three Months Ended September 30, 2016 (in millions of dollars)
|  | Altria Group, Inc. |  |  | PM USA |  |  | Non- Guarantor Subsidiaries |  |  | Total Consolidating Adjustments |  |  | Consolidated |
Net revenues |  | $ | — |  |  | $ | 5,964 |  |  | $ | 950 |  |  | $ | (9 | ) |  | $ | 6,905 |
Cost of sales |  | — |  |  | 1,767 |  |  | 285 |  |  | (9 | ) |  | 2,043 |
Excise taxes on products |  | — |  |  | 1,654 |  |  | 58 |  |  | — |  |  | 1,712 |
Gross profit |  | — |  |  | 2,543 |  |  | 607 |  |  | — |  |  | 3,150 |
Marketing, administration and research costs |  | 40 |  |  | 607 |  |  | 119 |  |  | — |  |  | 766 |
Asset impairment and exit costs |  | — |  |  | 1 |  |  | 1 |  |  | — |  |  | 2 |
Operating (expense) income |  | (40 | ) |  | 1,935 |  |  | 487 |  |  | — |  |  | 2,382 |
Interest and other debt expense (income), net |  | 129 |  |  | (4 | ) |  | 54 |  |  | — |  |  | 179 |
Loss on early extinguishment of debt |  | 823 |  |  | — |  |  | — |  |  | — |  |  | 823 |
Earnings from equity investment in SABMiller |  | (299 | ) |  | — |  |  | — |  |  | — |  |  | (299 | )
Gain on derivative financial instruments |  | (48 | ) |  | — |  |  | — |  |  | — |  |  | (48 | )
(Loss) earnings before income taxes and equity earnings of subsidiaries |  | (645 | ) |  | 1,939 |  |  | 433 |  |  | — |  |  | 1,727 |
(Benefit) provision for income taxes |  | (232 | ) |  | 707 |  |  | 158 |  |  | — |  |  | 633 |
Equity earnings of subsidiaries |  | 1,506 |  |  | 77 |  |  | — |  |  | (1,583 | ) |  | — |
Net earnings |  | 1,093 |  |  | 1,309 |  |  | 275 |  |  | (1,583 | ) |  | 1,094 |
Net earnings attributable to noncontrolling interests |  | — |  |  | — |  |  | (1 | ) |  | — |  |  | (1 | )
Net earnings attributable to Altria Group, Inc. |  | $ | 1,093 |  |  | $ | 1,309 |  |  | $ | 274 |  |  | $ | (1,583 | ) |  | $ | 1,093 |
Net earnings |  | $ | 1,093 |  |  | $ | 1,309 |  |  | $ | 275 |  |  | $ | (1,583 | ) |  | $ | 1,094 |
Other comprehensive earnings, net of deferred income taxes |  | 62 |  |  | 4 |  |  | 22 |  |  | (26 | ) |  | 62 |
Comprehensive earnings |  | 1,155 |  |  | 1,313 |  |  | 297 |  |  | (1,609 | ) |  | 1,156 |
Comprehensive earnings attributable to noncontrolling interests |  | — |  |  | — |  |  | (1 | ) |  | — |  |  | (1 | )
Comprehensive earnings attributable to Altria Group, Inc. |  | $ | 1,155 |  |  | $ | 1,313 |  |  | $ | 296 |  |  | $ | (1,609 | ) |  | $ | 1,155 |
Condensed Consolidating Statements of Earnings and Comprehensive Earnings For the Three Months Ended September 30, 2015 (in millions of dollars)
|  | Altria Group, Inc. |  |  | PM USA |  |  | Non- Guarantor Subsidiaries |  |  | Total Consolidating Adjustments |  |  | Consolidated |
Net revenues |  | $ | — |  |  | $ | 5,865 |  |  | $ | 845 |  |  | $ | (11 | ) |  | $ | 6,699 |
Cost of sales |  | — |  |  | 1,671 |  |  | 272 |  |  | (11 | ) |  | 1,932 |
Excise taxes on products |  | — |  |  | 1,670 |  |  | 51 |  |  | — |  |  | 1,721 |
Gross profit |  | — |  |  | 2,524 |  |  | 522 |  |  | — |  |  | 3,046 |
Marketing, administration and research costs |  | 46 |  |  | 552 |  |  | 100 |  |  | — |  |  | 698 |
Reduction of PMI tax-related receivable |  | 41 |  |  | — |  |  | — |  |  | — |  |  | 41 |
Operating (expense) income |  | (87 | ) |  | 1,972 |  |  | 422 |  |  | — |  |  | 2,307 |
Interest and other debt expense, net |  | 138 |  |  | 11 |  |  | 56 |  |  | — |  |  | 205 |
Earnings from equity investment in SABMiller |  | (187 | ) |  | — |  |  | — |  |  | — |  |  | (187 | )
(Loss) earnings before income taxes and equity earnings of subsidiaries |  | (38 | ) |  | 1,961 |  |  | 366 |  |  | — |  |  | 2,289 |
(Benefit) provision for income taxes |  | (55 | ) |  | 685 |  |  | 131 |  |  | — |  |  | 761 |
Equity earnings of subsidiaries |  | 1,511 |  |  | 71 |  |  | — |  |  | (1,582 | ) |  | — |
Net earnings |  | 1,528 |  |  | 1,347 |  |  | 235 |  |  | (1,582 | ) |  | 1,528 |
Net earnings attributable to noncontrolling interests |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Net earnings attributable to Altria Group, Inc. |  | $ | 1,528 |  |  | $ | 1,347 |  |  | $ | 235 |  |  | $ | (1,582 | ) |  | $ | 1,528 |
Net earnings |  | $ | 1,528 |  |  | $ | 1,347 |  |  | $ | 235 |  |  | $ | (1,582 | ) |  | $ | 1,528 |
Other comprehensive (losses) earnings, net of deferred income taxes |  | (279 | ) |  | 4 |  |  | 32 |  |  | (36 | ) |  | (279 | )
Comprehensive earnings |  | 1,249 |  |  | 1,351 |  |  | 267 |  |  | (1,618 | ) |  | 1,249 |
Comprehensive earnings attributable to noncontrolling interests |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Comprehensive earnings attributable to Altria Group, Inc. |  | $ | 1,249 |  |  | $ | 1,351 |  |  | $ | 267 |  |  | $ | (1,618 | ) |  | $ | 1,249 |
Condensed Consolidating Statements of Cash Flows | Condensed Consolidating Statements of Cash Flows For the Nine Months Ended September 30, 2016 (in millions of dollars)
|  | Altria Group, Inc. |  |  | PM USA |  |  | Non- Guarantor Subsidiaries |  |  | Total Consolidating Adjustments |  |  | Consolidated |
Cash Provided by Operating Activities |  |  |  |  |  |  |  |  |  |
Net cash provided by operating activities |  | $ | 4,241 |  |  | $ | 3,582 |  |  | $ | 8 |  |  | $ | (4,331 | ) |  | $ | 3,500 |
Cash Provided by (Used in) Investing Activities |  |  |  |  |  |  |  |  |  |
Capital expenditures |  | — |  |  | (23 | ) |  | (105 | ) |  | — |  |  | (128 | )
Proceeds from finance assets |  | — |  |  | — |  |  | 207 |  |  | — |  |  | 207 |
Other |  | (3 | ) |  | — |  |  | (41 | ) |  | — |  |  | (44 | )
Net cash (used in) provided by investing activities |  | (3 | ) |  | (23 | ) |  | 61 |  |  | — |  |  | 35 |
Cash Provided by (Used in) Financing Activities |  |  |  |  |  |  |  |  |  |
Long-term debt issued |  | 1,976 |  |  | — |  |  | — |  |  | — |  |  | 1,976 |
Long-term debt repaid |  | (933 | ) |  | — |  |  | — |  |  | — |  |  | (933 | )
Repurchases of common stock |  | (512 | ) |  | — |  |  | — |  |  | — |  |  | (512 | )
Dividends paid on common stock |  | (3,321 | ) |  | — |  |  | — |  |  | — |  |  | (3,321 | )
Changes in amounts due to/from Altria Group, Inc. and subsidiaries |  | (715 | ) |  | 128 |  |  | 587 |  |  | — |  |  | — |
Premiums and fees related to early extinguishment of debt |  | (809 | ) |  | — |  |  | — |  |  | — |  |  | (809 | )
Cash dividends paid to parent |  | — |  |  | (3,686 | ) |  | (645 | ) |  | 4,331 |  |  | — |
Other |  | 2 |  |  | — |  |  | (9 | ) |  | — |  |  | (7 | )
Net cash used in financing activities |  | (4,312 | ) |  | (3,558 | ) |  | (67 | ) |  | 4,331 |  |  | (3,606 | )
Cash and cash equivalents: |  |  |  |  |  |  |  |  |  |
(Decrease) increase |  | (74 | ) |  | 1 |  |  | 2 |  |  | — |  |  | (71 | )
Balance at beginning of period |  | 2,313 |  |  | — |  |  | 56 |  |  | — |  |  | 2,369 |
Balance at end of period |  | $ | 2,239 |  |  | $ | 1 |  |  | $ | 58 |  |  | $ | — |  |  | $ | 2,298 |
Condensed Consolidating Statements of Cash Flows For the Nine Months Ended September 30, 2015 (in millions of dollars)
|  | Altria Group, Inc. |  |  | PM USA |  |  | Non- Guarantor Subsidiaries |  |  | Total Consolidating Adjustments |  |  | Consolidated |
Cash Provided by Operating Activities |  |  |  |  |  |  |  |  |  |
Net cash provided by operating activities |  | $ | 3,557 |  |  | $ | 3,767 |  |  | $ | 655 |  |  | $ | (3,889 | ) |  | $ | 4,090 |
Cash Provided by (Used in) Investing Activities |  |  |  |  |  |  |  |  |  |
Capital expenditures |  | — |  |  | (37 | ) |  | (125 | ) |  | — |  |  | (162 | )
Proceeds from finance assets |  | — |  |  | — |  |  | 255 |  |  | — |  |  | 255 |
Other |  | — |  |  | 10 |  |  | (8 | ) |  | — |  |  | 2 |
Net cash (used in) provided by investing activities |  | — |  |  | (27 | ) |  | 122 |  |  | — |  |  | 95 |
Cash Provided by (Used in) Financing Activities |  |  |  |  |  |  |  |  |  |
Long-term debt repaid |  | (1,793 | ) |  | — |  |  | — |  |  | — |  |  | (1,793 | )
Repurchases of common stock |  | (518 | ) |  | — |  |  | — |  |  | — |  |  | (518 | )
Dividends paid on common stock |  | (3,071 | ) |  | — |  |  | — |  |  | — |  |  | (3,071 | )
Changes in amounts due to/from Altria Group, Inc. and subsidiaries |  | 611 |  |  | (492 | ) |  | (119 | ) |  | — |  |  | — |
Premiums and fees related to early extinguishment of debt |  | (226 | ) |  | — |  |  | — |  |  | — |  |  | (226 | )
Cash dividends paid to parent |  | — |  |  | (3,249 | ) |  | (640 | ) |  | 3,889 |  |  | — |
Other |  | 17 |  |  | — |  |  | (8 | ) |  | — |  |  | 9 |
Net cash used in financing activities |  | (4,980 | ) |  | (3,741 | ) |  | (767 | ) |  | 3,889 |  |  | (5,599 | )
Cash and cash equivalents: |  |  |  |  |  |  |  |  |  |
(Decrease) increase |  | (1,423 | ) |  | (1 | ) |  | 10 |  |  | — |  |  | (1,414 | )
Balance at beginning of period |  | 3,281 |  |  | 3 |  |  | 37 |  |  | — |  |  | 3,321 |
Balance at end of period |  | $ | 1,858 |  |  | $ | 2 |  |  | $ | 47 |  |  | $ | — |  |  | $ | 1,907 |

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