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Subsequent Event
6 Months Ended
Jun. 30, 2021
Subsequent Events [Abstract]  
Subsequent Event Subsequent EventOn July 8, 2021, UST entered into a Share Purchase Agreement pursuant to which UST agreed to sell its subsidiary, IWS, which includes Ste. Michelle, to an entity controlled by investment funds managed by Sycamore Partners Management, L.P. (“Sycamore Partners”) in an all-cash transaction with a purchase price of approximately $1.2 billion and the assumption of certain liabilities of IWS and its subsidiaries (the “Ste. Michelle Transaction”). Altria’s net cash proceeds will be subject to customary net working capital and other adjustments at closing. Altria expects the Ste. Michelle Transaction to close during the second half of 2021, subject to Sycamore Partners obtaining the necessary financing and the satisfaction of customary closing conditions, including antitrust regulatory clearance. In the second half of 2021, Altria will classify the related assets and liabilities of IWS as held for sale on its condensed consolidated balance sheet and will record a charge which is not expected to be material to Altria’s financial statements. Altria does not expect to account for the results of Ste. Michelle as a discontinued operation in its financial statements.