XML 95 R28.htm IDEA: XBRL DOCUMENT
v3.19.3

Investments in Equity Securities Investments in Equity Securities (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2019
Investments [Abstract] |
Investment | Altria’s investments consisted of the following:
|  | Carrying Amount
|  | September 30, 2019 |  | December 31, 2018
|  | (in millions)
ABI |  | $ | 17,950 |  |  | $ | 17,696 |
JUUL |  | 8,305 |  |  | 12,800 |
Cronos (1) |  | 1,091 |  |  | — |
Total |  | $ | 27,346 |  |  | $ | 30,496 |
(1) Includes investment in Acquired Common Shares ($673 million), the Cronos warrant ($315 million) and the Fixed-price Preemptive Rights ($103 million) as discussed further below.
Equity Method Investments | Earnings from equity investments accounted for under the equity method of accounting consisted of the following:
|  | For the Nine Months Ended September 30, |  | For the Three Months Ended September 30,
|  | 2019 |  | 2018 |  | 2019 |  | 2018
|  | (in millions)
ABI |  | $ | 640 |  |  | $ | 759 |  |  | $ | 252 |  |  | $ | 189 |
Cronos (1) |  | 226 |  |  | — |  |  | 81 |  |  | — |
Total |  | $ | 866 |  |  | $ | 759 |  |  | $ | 333 |  |  | $ | 189 |
(1) Represents Altria’s share of Cronos’s earnings, substantially all of which relate to the change in fair value of Cronos’s derivative financial instruments associated with the issuance of additional shares.

X
- Definition Tabular disclosure of equity method investments including, but not limited to, name of each investee or group of investments, percentage ownership, difference between recorded amount of an investment and the value of the underlying equity in the net assets, and summarized financial information. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=114001798&loc=d3e33918-111571 + Details
Name: | us-gaap_EquityMethodInvestmentsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of investment. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 325 -URI http://asc.fasb.org/topic&trid=2197064 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 321 -URI http://asc.fasb.org/topic&trid=75115024 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -URI http://asc.fasb.org/topic&trid=2196928 Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -URI http://asc.fasb.org/topic&trid=2196965 + Details
Name: | us-gaap_InvestmentTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_InvestmentsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration