Free · no account · quoted from the filing

What changed in MO's 10-Q

Source: 10-Q filed 2026-04-30 · compared against 10-Q 2025-10-30. Every passage below is quoted verbatim from the filing itself.

Earnings

This filing
2026 Adjusted for Special Items $2,884 $666 $2,218 $1.32

Credit Ratings

This filing
Fitch Ratings Inc. F1 BBB+ Stable

E-vapor Impairment

This filing
non-cash, pre-tax impairment of $970 million to our e-vapor reporting unit's definite-lived intangible assets and a non-cash impairment of $285 million

Skoal Trademark Risk

This filing
a hypothetical 1% increase in the discount rate ... would have resulted in an impairment charge of approximately $90 million

Business Description

This filing
a leading portfolio of nicotine products for U.S. nicotine consumers age 21+

Accounting Standards

This filing
On January 1, 2026, we adopted Accounting Standards Update ... ASU No. 2025-05
What it means — the analyst reading

The passages above are the company's own words. The plain-English reading of them — what changed, why it matters, and the direction of travel — is part of the Filing Change Monitor.

See the Filing Change Monitor →

Compared from narrative excerpts (outlook, risks, MD&A) of both filings — quotes are verbatim from the new filing. Not advice. Source: company SEC filings via stockportfolio.pro. Educational, not investment advice.