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Altria Group MO Smokeable Products Segment — Exit costs
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Where this comes from
Reported directly by Altria Group in its filing.
Tagged under the XBRL concept us-gaap:BusinessExitCosts1.
The source filing: Altria Group’s 10-Q, filed July 30, 2026.
- Filed
- Jul 30, 2026, 7:22 AM EDT
- Fiscal quarter
- Q3 FY2026
- Calendar quarter
- Q3 2026
- Accession
- 0000764180-26-000094
| Line item | Exit Costs / For the Six Months Ended June 30, | Implementation Costs / For the Six Months Ended June 30, | Exit Costs / For the Three Months Ended June 30, | Implementation Costs / For the Three Months Ended June 30, |
|---|---|---|---|---|
| (in millions) | 2025 | 2025 (3) | 2025 | 2025 (3) |
| USSTC Facilities Consolidation: | ||||
| Oral tobacco products segment | — | — | — | — |
| Optimize & Accelerate initiative: | ||||
| Smokeable products segment | 1 | 25 | 1 | 12 |
| Oral tobacco products segment | — | 4 | — | 2 |
| Total Optimize & Accelerate initiative | 1 | 29 | 1 | 14 |
| Total | $$1 | $$29 | $$1 | $$14 |
Item 1. Financial Statements
FAQ
- What is Altria Group's smokeable products segment — exit costs?
- Altria Group (MO) reported smokeable products segment — exit costs of $2M in Q2 2026.
- How has Altria Group's smokeable products segment — exit costs changed year-over-year?
- Altria Group's smokeable products segment — exit costs increased by 100.0% year-over-year, from $1M to $2M.
- What does smokeable products segment — exit costs mean?
- Exit costs represent the expenses incurred when the company terminates specific operations, closes facilities, or discontinues product lines within the smokeable products segment. These costs typically include severance, lease terminations, and other contractual obligations associated with downsizing or restructuring. Investors track these to understand the financial impact of strategic pivots and the efficiency of the company's footprint optimization.
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