MO · 8-K · 20261029PR000112

Impairment and Exit Charges

ALTRIA GROUP, INC. · 2026-10-29 · Importance 45 · Surprise 64

For the nine months ended September 30, 2026, asset impairment, exit and implementation costs included $66 million in cost of sales, $16 million in marketing, administration and research costs, and $24 million in exit costs. In the comparable 2025 period, the same category included $873 million of goodwill impairment, $40 million in marketing, administration and research costs, and $3 million in exit costs. The 2025 goodwill impairment was therefore $873 million, while no goodwill impairment was reported in this 2026 special-items schedule.

Key facts

• Altria recorded nine-month 2025 pre-tax charges of $916 million, or $0.53 per share, primarily including a non-cash $873 million impairment of e-vapor reporting unit goodwill. source
• For the nine months ended September 30, 2025, Altria Group, Inc. recorded $873 million of impairment of goodwill as an asset impairment, exit and implementation cost. source
• Altria recorded nine-month 2026 pre-tax asset impairment, exit and implementation charges of $106 million, or $0.05 per share, primarily due to plans to consolidate USSTC manufacturing operations. source
• For the nine months ended September 30, 2026, Altria Group, Inc. recorded asset impairment, exit and implementation costs of $66 million in cost of sales, $16 million in marketing, administration and research costs, and $24 million in exit costs. source
• For the quarter ended September 30, 2026, Altria Group, Inc. recorded asset impairment, exit and implementation costs of $7 million in cost of sales, $2 million in marketing, administration and research costs, and $3 million in exit costs. source