|Exchange:||New York Stock Exchange|
|Stock:||Altria Group Inc.|
|Altria Group, Inc., is a holding company incorporated in the Commonwealth of Virginia in 1985. The Company's wholly-owned subsidiaries included Philip Morris USA Inc. 'PM USA', which is engaged in the manufacture and sale of cigarettes and other tobacco products in the United States, and John Middleton Co. 'Middleton', engaged in the manufacture and sale of machine-made large cigars and pipe tobacco. Philip Morris Capital Corporation 'PMCC', another wholly-owned subsidiary, maintains a portfolio of leveraged and direct finance leases. Black & Mild, the main cigar brand of Middleton, is the second largest selling machine-made large cigar in the United States. Marlboro, the main cigarette brand of this Company, has been the largest-selling cigarette brand in the United States since 1972. The Company's reportable segments are: smokeable products, smokeless products, wine and financial services. It being a holding company, its access to the operating cash flows of its wholly-owned subsidiaries consists of cash received from the payment of dividends and distributions, and the payment of interest on intercompany loans by its subsidiaries. USSTC is the producer and marketer of moist smokeless tobacco products. At December 31, 2012, the smokeable products segment utilized four manufacturing and processing facilities. PM USA owns and operates two tobacco manufacturing and processing facilities located in the Richmond, Virginia area that are utilized in the manufacturing and processing of cigarettes. At December 31, 2012, the smokeless products segment utilized four smokeless tobacco manufacturing and processing facilities located in Franklin Park, Illinois; Hopkinsville, Kentucky; Nashville, Tennessee; and Richmond, Virginia, all of which are owned and operated by a wholly-owned subsidiary of USSTC. At December 31, 2012, the wine segment utilized 11 wine-making facilities - seven in Washington, three in California and one in Oregon. All of these facilities are owned and operated by Ste. Michelle, with the exception of a facility that is leased by Ste. Michelle in Washington. The consumer products businesses promote their products with consumer engagement programs, consumer incentives and trade promotions. Such programs include, but are not limited to, discounts, coupons, rebates, in-store display incentives, and event marketing and volume-based incentives. The Company’s tobacco subsidiaries sell their tobacco products mainly to wholesalers (including distributors), large retail organizations, including chain stores, and the armed services. It is subject to intense competition, changes in consumer preferences and changes in economic conditions.|
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