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Income Taxes (Tables) | 12 Months Ended
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Dec. 31, 2022
Income Tax Disclosure [Abstract] |
Schedule of Earnings Before Income Taxes and Provision for Income Taxes | Earnings (losses) before income taxes and provision (benefit) for income taxes consisted of the following:
| For the Years Ended December 31,
(in millions) | 2022 |  | 2021 |  | 2020
Earnings (losses) before income taxes: |  |  |  |  |
United States | $ | 7,628 |  |  | $ | 4,239 |  |  | $ | 6,842 |
Outside United States | (239) |  |  | (415) |  |  | 48 |
Total | $ | 7,389 |  |  | $ | 3,824 |  |  | $ | 6,890 |
Provision (benefit) for income taxes: |  |  |  |  |
Current: |  |  |  |  |
Federal | $ | 1,968 |  |  | $ | 1,965 |  |  | $ | 2,025 |
State and local | 603 |  |  | 542 |  |  | 553 |
Outside United States | 1 |  |  | 2 |  |  | 22 |
| 2,572 |  |  | 2,509 |  |  | 2,600 |
Deferred: |  |  |  |  |
Federal | (893) |  |  | (1,190) |  |  | (130) |
State and local | (54) |  |  | 30 |  |  | (34) |
| (947) |  |  | (1,160) |  |  | (164) |
Total provision for income taxes | $ | 1,625 |  |  | $ | 1,349 |  |  | $ | 2,436 |
Reconciliation of Beginning and Ending Unrecognized Tax Benefits | A reconciliation of the beginning and ending amount of unrecognized tax benefits was as follows:
| For the Years Ended December 31,
(in millions) | 2022 |  | 2021 |  | 2020
Balance at beginning of year | $ | 53 |  |  | $ | 74 |  |  | $ | 64 |
Additions based on tax positions related to the current year | 1 |  |  | — |  |  | — |
Additions for tax positions of prior years | 16 |  |  | 40 |  |  | 12 |
Reductions for tax positions due to lapse of statutes of limitations | — |  |  | (5) |  |  | — |
Reductions for tax positions of prior years | — |  |  | (23) |  |  | (2) |
Tax settlements | (1) |  |  | (33) |  |  | — |
Balance at end of year | $ | 69 |  |  | $ | 53 |  |  | $ | 74 |
Reconciliation of Effective Tax Rate and U.S. Federal Statutory Rate | A reconciliation between actual income taxes and amounts computed by applying the federal statutory rate to earnings before income taxes was as follows:
|  | For the Years Ended December 31,
|  | 2022 |  | 2021 |  | 2020
(dollars in millions) |  | $ |  | % |  | $ |  | % |  | $ |  | %
U.S. federal statutory rate |  | $ | 1,552 |  |  | 21.0 | % |  | $ | 803 |  |  | 21.0 | % |  | $ | 1,447 |  |  | 21.0 | %
Increase (decrease) resulting from: |  |  |  |  |  |  |  |  |  |  |  |
State and local income taxes, net of federal tax benefit |  | 435 |  |  | 5.9 |  |  | 451 |  |  | 11.8 |  |  | 410 |  |  | 6.0 |
Tax basis in foreign investments |  | 11 |  |  | 0.1 |  |  | 25 |  |  | 0.7 |  |  | 23 |  |  | 0.3 |
Uncertain tax positions |  | — |  |  | — |  |  | (25) |  |  | (0.7) |  |  | 9 |  |  | 0.1 |
Investment in ABI |  | (24) |  |  | (0.3) |  |  | (16) |  |  | (0.4) |  |  | 3 |  |  | 0.1 |
Investment in JUUL |  | 306 |  |  | 4.1 |  |  | 7 |  |  | 0.2 |  |  | 537 |  |  | 7.8 |
Investment in Cronos |  | 30 |  |  | 0.4 |  |  | 128 |  |  | 3.3 |  |  | 20 |  |  | 0.3 |
Valuation allowance releases |  | (664) |  |  | (9.0) |  |  | (15) |  |  | (0.4) |  |  | (19) |  |  | (0.3) |
Other |  | (21) |  |  | (0.2) |  |  | (9) |  |  | (0.2) |  |  | 6 |  |  | 0.1 |
Effective tax rate |  | $ | 1,625 |  |  | 22.0 | % |  | $ | 1,349 |  |  | 35.3 | % |  | $ | 2,436 |  |  | 35.4 | %
Schedule of Deferred Income Tax Assets and Liabilities | The tax effects of temporary differences that gave rise to deferred income tax assets and liabilities consisted of the following at December 31:
(in millions) | 2022 |  | 2021
Deferred income tax assets: |  |  |
Accrued postretirement and postemployment benefits | $ | 303 |  |  | $ | 387 |
Settlement charges | 729 |  |  | 835 |
Investment in JUUL | 3,001 |  |  | 2,652 |
Investment in Cronos | 407 |  |  | 403 |
Net operating losses and tax credit carryforwards | 31 |  |  | 46 |
Total deferred income tax assets | 4,471 |  |  | 4,323 |
Deferred income tax liabilities: |  |  |
Property, plant and equipment | (233) |  |  | (216) |
Intangible assets | (2,849) |  |  | (2,802) |
Investment in ABI | (1,226) |  |  | (1,695) |
Finance assets, net | — |  |  | (29) |
Accrued pension costs | (70) |  |  | (55) |
Other | (115) |  |  | (94) |
Total deferred income tax liabilities | (4,493) |  |  | (4,891) |
Valuation allowances | (2,800) |  |  | (3,097) |
Net deferred income tax liabilities | $ | (2,822) |  |  | $ | (3,665) |
Summary of Valuation Allowance | A reconciliation of the beginning and ending valuation allowances was as follows:
|  | For the Years Ended December 31,
(in millions) |  | 2022 |  | 2021 |  | 2020
Balance at beginning of year |  | $ | 3,097 |  |  | $ | 2,817 |  |  | $ | 2,324 |
Additions to valuation allowance charged to income tax expense |  | 429 |  |  | 401 |  |  | 692 |
Reductions to valuation allowance credited to income tax benefit |  | (730) |  |  | (118) |  |  | (200) |
Foreign currency translation |  | 4 |  |  | (3) |  |  | 1 |
Balance at end of year |  | $ | 2,800 |  |  | $ | 3,097 |  |  | $ | 2,817 |

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