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Quarterly Financial Data (Unaudited) | 12 Months Ended
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Dec. 31, 2016
Quarterly Financial Data [Abstract] |
Quarterly Financial Data (Unaudited) | Quarterly Financial Data (Unaudited)
| 2016 Quarters
(in millions, except per share data) | 1st |  |  | 2nd |  |  | 3rd |  |  | 4th (1) |
Net revenues | $ | 6,066 |  |  | $ | 6,521 |  |  | $ | 6,905 |  |  | $ | 6,252 |
Gross profit | $ | 2,656 |  |  | $ | 2,957 |  |  | $ | 3,150 |  |  | $ | 2,828 |
Net earnings | $ | 1,218 |  |  | $ | 1,654 |  |  | $ | 1,094 |  |  | $ | 10,278 |
Net earnings attributable to Altria Group, Inc. | $ | 1,217 |  |  | $ | 1,653 |  |  | $ | 1,093 |  |  | $ | 10,276 |
Per share data: |  |  |  |  |  |  |
Basic and diluted EPS attributable to Altria Group, Inc. | $ | 0.62 |  |  | $ | 0.84 |  |  | $ | 0.56 |  |  | $ | 5.27 |
| 2015 Quarters
(in millions, except per share data) | 1st |  |  | 2nd |  |  | 3rd |  |  | 4th |
Net revenues | $ | 5,804 |  |  | $ | 6,613 |  |  | $ | 6,699 |  |  | $ | 6,318 |
Gross profit | $ | 2,475 |  |  | $ | 2,871 |  |  | $ | 3,046 |  |  | $ | 2,722 |
Net earnings | $ | 1,018 |  |  | $ | 1,449 |  |  | $ | 1,528 |  |  | $ | 1,248 |
Net earnings attributable to Altria Group, Inc. | $ | 1,018 |  |  | $ | 1,448 |  |  | $ | 1,528 |  |  | $ | 1,247 |
Per share data: |  |  |  |  |  |  |
Basic and diluted EPS attributable to Altria Group, Inc. | $ | 0.52 |  |  | $ | 0.74 |  |  | $ | 0.78 |  |  | $ | 0.64 |
During 2016 and 2015, the following pre-tax charges or (gains) were included in net earnings attributable to Altria Group, Inc.:
| 2016 Quarters
(in millions) | 1st |  |  | 2nd |  |  | 3rd |  |  | 4th |
NPM Adjustment Items | $ | 18 |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Tobacco and health litigation items, including accrued interest | 38 |  |  | 5 |  |  | 45 |  |  | 17 |
Patent litigation settlement | — |  |  | — |  |  | — |  |  | 21 |
Asset impairment, exit, implementation and acquisition-related costs | 122 |  |  | 5 |  |  | 6 |  |  | 73 |
Loss on early extinguishment of debt | — |  |  | — |  |  | 823 |  |  | — |
Gain on AB InBev/SABMiller business combination | (40 | ) |  | (117 | ) |  | (48 | ) |  | (13,660 | )
SABMiller special items (1) | 166 |  |  | 21 |  |  | (40 | ) |  | (236 | )
| $ | 304 |  |  | $ | (86 | ) |  | $ | 786 |  |  | $ | (13,785 | )
| 2015 Quarters
(in millions) | 1st |  |  | 2nd |  |  | 3rd |  |  | 4th |
NPM Adjustment Items | $ | — |  |  | $ | — |  |  | $ | (126 | ) |  | $ | 42 |
Tobacco and health litigation items, including accrued interest | 43 |  |  | 5 |  |  | 67 |  |  | 35 |
Asset impairment, exit and integration costs | — |  |  | 7 |  |  | 1 |  |  | 3 |
Loss on early extinguishment of debt | 228 |  |  | — |  |  | — |  |  | — |
Gain on AB InBev/SABMiller business combination | — |  |  | — |  |  | — |  |  | (5 | )
SABMiller special items | 86 |  |  | 2 |  |  | 8 |  |  | 30 |
| $ | 357 |  |  | $ | 14 |  |  | $ | (50 | ) |  | $ | 105 |
(1) During the fourth quarter of 2016, Altria Group, Inc. recorded a non-cash gain, reflecting its share of SABMiller’s increase to shareholders’ equity, resulting from the third quarter of 2016 completion of the SABMiller, The Coca-Cola Company and Gutsche Family Investments transaction, combining bottling operations in Africa. The gain was included in earnings from equity investment in SABMiller, and increased Altria Group, Inc.’s earnings before income taxes ($309 million), net earnings ($201 million), net earnings attributable to Altria Group, Inc. ($201 million) and diluted EPS attributable to Altria Group, Inc. ($0.10) in the fourth quarter of 2016. The impact of recording the gain in the fourth quarter of 2016 rather than the third quarter of 2016 was not material to Altria Group, Inc.’s financial statements in either quarter. As discussed in Note 15. Income Taxes, Altria Group, Inc. has recognized income tax benefits and charges in the consolidated statements of earnings during 2016 and 2015 as a result of various tax events.

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- Definition The entire disclosure for quarterly financial data. Includes, but is not limited to, tabular presentation of financial information for fiscal quarters, effect of year-end adjustments, and an explanation of matters or transactions that affect comparability of the information. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=68076893&loc=d3e1570-108306 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 13 -URI http://asc.fasb.org/extlink&oid=68064558&loc=d3e765-108305 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=68064558&loc=d3e725-108305 + Details
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