MO · 10-Q · 2026Q2 · Full report

Guidance / Outlook

ALTRIA GROUP, INC. · 2026-07-30 · Importance 32 · Surprise 24

Management expects cash and cash equivalents, future operating cash flows, borrowing capacity and access to credit and capital markets to provide sufficient liquidity for operations and projected cash requirements for at least the next 12 months. At June 30, 2026, Altria held $2.4 billion of cash, had access to $3.0 billion under its senior unsecured five-year revolving credit agreement and reported $24.6 billion of total long-term debt. Management also maintains a progressive dividend goal targeting mid-single-digit annual dividend growth through 2028, although future dividends remain subject to Board discretion.