10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001564590-17-008220 |
| Period End Date | 20170331 |
| Filing Date | 20170503 |
| Fiscal Year | 2017 |
| Fiscal Period | Q1 |
| XBRL Instance | rai-20170331.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
74 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Property, plant and equipment, accumulated depreciation |
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
$1.66B | USD | Point-in-time |
| Property, plant and equipment, accumulated depreciation |
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
$1.68B | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$4.44B | USD | Point-in-time |
| Common stock, shares issued |
CommonStockSharesOutstanding
|
1.43B | shares | Point-in-time |
| Common stock, shares issued |
CommonStockSharesOutstanding
|
1.43B | shares | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$2.57B | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$2.05B | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$3.15B | USD | Point-in-time |
| Accounts receivable |
AccountsReceivableNetCurrent
|
$66.00M | USD | Point-in-time |
| Accounts receivable |
AccountsReceivableNetCurrent
|
$55.00M | USD | Point-in-time |
| Accounts receivable, related party |
AccountsReceivableRelatedPartiesCurrent
|
$113.00M | USD | Point-in-time |
| Accounts receivable, related party |
AccountsReceivableRelatedPartiesCurrent
|
$39.00M | USD | Point-in-time |
| Other receivables |
AccountsAndOtherReceivablesNetCurrent
|
$13.00M | USD | Point-in-time |
| Other receivables |
AccountsAndOtherReceivablesNetCurrent
|
$10.00M | USD | Point-in-time |
| Inventories |
InventoryNet
|
$1.65B | USD | Point-in-time |
| Inventories |
InventoryNet
|
$1.59B | USD | Point-in-time |
| Other current assets |
OtherAssetsCurrent
|
$353.00M | USD | Point-in-time |
| Other current assets |
OtherAssetsCurrent
|
$250.00M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$4.24B | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$5.10B | USD | Point-in-time |
| Property, plant and equipment, net of accumulated depreciation (2017 $1,678; 2016 $1,662) |
PropertyPlantAndEquipmentNet
|
$1.35B | USD | Point-in-time |
| Property, plant and equipment, net of accumulated depreciation (2017 $1,678; 2016 $1,662) |
PropertyPlantAndEquipmentNet
|
$1.35B | USD | Point-in-time |
| Trademarks and other intangible assets, net of accumulated amortization |
IntangibleAssetsNetExcludingGoodwill
|
$29.44B | USD | Point-in-time |
| Trademarks and other intangible assets, net of accumulated amortization |
IntangibleAssetsNetExcludingGoodwill
|
$29.44B | USD | Point-in-time |
| Goodwill |
Goodwill
|
$15.99B | USD | Point-in-time |
| Goodwill |
Goodwill
|
$15.99B | USD | Point-in-time |
| Other assets and deferred charges |
OtherAssetsNoncurrent
|
$73.00M | USD | Point-in-time |
| Other assets and deferred charges |
OtherAssetsNoncurrent
|
$71.00M | USD | Point-in-time |
| Total assets |
Assets
|
$51.96B | USD | Point-in-time |
| Total assets |
Assets
|
$51.09B | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$175.00M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$221.00M | USD | Point-in-time |
| Tobacco settlement accruals |
TobaccoSettlementAccrualsNetCurrent
|
$2.50B | USD | Point-in-time |
| Tobacco settlement accruals |
TobaccoSettlementAccrualsNetCurrent
|
$3.23B | USD | Point-in-time |
| Due to related party |
DueToRelatedPartiesCurrent
|
$4.00M | USD | Point-in-time |
| Due to related party |
DueToRelatedPartiesCurrent
|
$7.00M | USD | Point-in-time |
| Deferred revenue, related party |
DeferredRevenueCurrent
|
$66.00M | USD | Point-in-time |
| Deferred revenue, related party |
DeferredRevenueCurrent
|
$122.00M | USD | Point-in-time |
| Current maturities of long-term debt |
LongTermDebtCurrent
|
$501.00M | USD | Point-in-time |
| Current maturities of long-term debt |
LongTermDebtCurrent
|
$501.00M | USD | Point-in-time |
| Dividends payable on common stock |
DividendsPayableCurrent
|
$656.00M | USD | Point-in-time |
| Dividends payable on common stock |
DividendsPayableCurrent
|
$728.00M | USD | Point-in-time |
| Other current liabilities |
OtherLiabilitiesCurrent
|
$1.04B | USD | Point-in-time |
| Other current liabilities |
OtherLiabilitiesCurrent
|
$1.13B | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$5.89B | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$4.99B | USD | Point-in-time |
| Long-term debt (less current maturities) |
LongTermDebtNoncurrent
|
$12.66B | USD | Point-in-time |
| Long-term debt (less current maturities) |
LongTermDebtNoncurrent
|
$12.65B | USD | Point-in-time |
| Long-term deferred income taxes, net |
DeferredTaxLiabilitiesNoncurrent
|
$9.63B | USD | Point-in-time |
| Long-term deferred income taxes, net |
DeferredTaxLiabilitiesNoncurrent
|
$9.61B | USD | Point-in-time |
| Long-term retirement benefits (less current portion) |
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
|
$1.87B | USD | Point-in-time |
| Long-term retirement benefits (less current portion) |
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
|
$1.83B | USD | Point-in-time |
| Long-term deferred revenue, related party |
DeferredRevenueNoncurrent
|
$29.00M | USD | Point-in-time |
| Long-term deferred revenue, related party |
DeferredRevenueNoncurrent
|
$39.00M | USD | Point-in-time |
| Other noncurrent liabilities |
OtherLiabilitiesNoncurrent
|
$220.00M | USD | Point-in-time |
| Other noncurrent liabilities |
OtherLiabilitiesNoncurrent
|
$223.00M | USD | Point-in-time |
| Commitments and contingencies: |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Commitments and contingencies: |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Common stock (shares issued: 2017 1,426,839,264; 2016 1,425,824,955) |
CommonStockValueOutstanding
|
- | USD | Point-in-time |
| Common stock (shares issued: 2017 1,426,839,264; 2016 1,425,824,955) |
CommonStockValueOutstanding
|
- | USD | Point-in-time |
| Paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$18.23B | USD | Point-in-time |
| Paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$18.29B | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$3.74B | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$3.79B | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-315.00M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-314.00M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-338.00M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-312.00M | USD | Point-in-time |
| Total shareholders equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$21.16B | USD | Point-in-time |
| Total shareholders equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$21.71B | USD | Point-in-time |
| Total shareholders equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$21.71B | USD | Point-in-time |
| Total shareholders equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$18.25B | USD | Point-in-time |
| Total liabilities and shareholders' equity |
LiabilitiesAndStockholdersEquity
|
$51.09B | USD | Point-in-time |
| Total liabilities and shareholders' equity |
LiabilitiesAndStockholdersEquity
|
$51.96B | USD | Point-in-time |
Income Statement
35 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net sales |
SalesRevenueGoodsNet
|
$2.91B | USD | 1 Quarter |
| Excise taxes |
ExciseAndSalesTaxes
|
$1.03B | USD | 1 Quarter |
| Excise taxes |
ExciseAndSalesTaxes
|
$982.00M | USD | 1 Quarter |
| Net sales |
SalesRevenueGoodsNet
|
$2.86B | USD | 1 Quarter |
| Net sales, related party |
RevenueFromRelatedParties
|
$55.00M | USD | 1 Quarter |
| Net sales, related party |
RevenueFromRelatedParties
|
$38.00M | USD | 1 Quarter |
| Net sales |
SalesRevenueNet
|
$2.92B | USD | 1 Quarter |
| Net sales |
SalesRevenueNet
|
$2.95B | USD | 1 Quarter |
| Cost of products sold |
CostOfGoodsSold
|
$1.20B | USD | 1 Quarter |
| Cost of products sold |
CostOfGoodsSold
|
$1.17B | USD | 1 Quarter |
| Selling, general and administrative expenses |
SellingGeneralAndAdministrativeExpense
|
$465.00M | USD | 1 Quarter |
| Selling, general and administrative expenses |
SellingGeneralAndAdministrativeExpense
|
$418.00M | USD | 1 Quarter |
| Gain on divestiture |
DisposalGroupNotDiscontinuedOperationGainLossOnDisposal
|
$4.86B | USD | 1 Quarter |
| Amortization expense |
AmortizationOfIntangibleAssets
|
$6.00M | USD | 1 Quarter |
| Amortization expense |
AmortizationOfIntangibleAssets
|
$6.00M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$1.33B | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$6.14B | USD | 1 Quarter |
| Interest and debt expense |
InterestAndDebtExpense
|
$174.00M | USD | 1 Quarter |
| Interest and debt expense |
InterestAndDebtExpense
|
$149.00M | USD | 1 Quarter |
| Interest income |
InvestmentIncomeInterest
|
$2.00M | USD | 1 Quarter |
| Interest income |
InvestmentIncomeInterest
|
$3.00M | USD | 1 Quarter |
| Other expense, net |
OtherNonoperatingExpense
|
$252.00M | USD | 1 Quarter |
| Other expense, net |
OtherNonoperatingExpense
|
$4.00M | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$5.72B | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$1.18B | USD | 1 Quarter |
| Provision for income taxes |
IncomeTaxExpenseBenefit
|
$2.15B | USD | 1 Quarter |
| Provision for income taxes |
IncomeTaxExpenseBenefit
|
$395.00M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$780.00M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$3.56B | USD | 1 Quarter |
| Basic |
EarningsPerShareBasic
|
$2.50 | USD | 1 Quarter |
| Basic |
EarningsPerShareBasic
|
$0.55 | USD | 1 Quarter |
| Diluted |
EarningsPerShareDiluted
|
$0.55 | USD | 1 Quarter |
| Diluted |
EarningsPerShareDiluted
|
$2.49 | USD | 1 Quarter |
| Dividends declared per share |
CommonStockDividendsPerShareDeclared
|
$0.51 | USD | 1 Quarter |
| Dividends declared per share |
CommonStockDividendsPerShareDeclared
|
$0.42 | USD | 1 Quarter |
Cash Flow Statement
54 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$780.00M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$3.56B | USD | 1 Quarter |
| Gain on divestiture |
DisposalGroupNotDiscontinuedOperationGainLossOnDisposal
|
$4.86B | USD | 1 Quarter |
| Loss on early extinguishment of debt and related expenses |
GainsLossesOnExtinguishmentOfDebt
|
$-239.00M | USD | 1 Quarter |
| Depreciation and amortization expense |
DepreciationDepletionAndAmortization
|
$32.00M | USD | 1 Quarter |
| Depreciation and amortization expense |
DepreciationDepletionAndAmortization
|
$30.00M | USD | 1 Quarter |
| Deferred income tax expense |
DeferredIncomeTaxExpenseBenefit
|
$16.00M | USD | 1 Quarter |
| Deferred income tax expense |
DeferredIncomeTaxExpenseBenefit
|
$75.00M | USD | 1 Quarter |
| Pension and postretirement |
IncreaseDecreaseInPensionAndPostretirementObligations
|
$-357.00M | USD | 1 Quarter |
| Pension and postretirement |
IncreaseDecreaseInPensionAndPostretirementObligations
|
$-47.00M | USD | 1 Quarter |
| Tobacco settlement accruals |
IncreaseDecreaseInTobaccoSettlementAccruals
|
$-630.00M | USD | 1 Quarter |
| Tobacco settlement accruals |
IncreaseDecreaseInTobaccoSettlementAccruals
|
$-734.00M | USD | 1 Quarter |
| Income taxes payable |
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
$353.00M | USD | 1 Quarter |
| Income taxes payable |
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
$2.00B | USD | 1 Quarter |
| Other, net |
IncreaseDecreaseInOtherOperatingCapitalNet
|
$190.00M | USD | 1 Quarter |
| Other, net |
IncreaseDecreaseInOtherOperatingCapitalNet
|
$7.00M | USD | 1 Quarter |
| Net cash flows from operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$1.13B | USD | 1 Quarter |
| Net cash flows from operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$1.86B | USD | 1 Quarter |
| Capital expenditures |
PaymentsToAcquirePropertyPlantAndEquipment
|
$43.00M | USD | 1 Quarter |
| Capital expenditures |
PaymentsToAcquirePropertyPlantAndEquipment
|
$33.00M | USD | 1 Quarter |
| Proceeds from settlement of short-term investments |
ProceedsFromSaleOfShortTermInvestments
|
$159.00M | USD | 1 Quarter |
| Proceeds from divestiture |
ProceedsFromDivestitureOfBusinesses
|
$5.01B | USD | 1 Quarter |
| Other, net |
PaymentsForProceedsFromOtherInvestingActivities
|
$-1.00M | USD | 1 Quarter |
| Other, net |
PaymentsForProceedsFromOtherInvestingActivities
|
$-1.00M | USD | 1 Quarter |
| Net cash flows from (used in) investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-32.00M | USD | 1 Quarter |
| Net cash flows from (used in) investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$5.13B | USD | 1 Quarter |
| Dividends paid on common stock |
PaymentsOfDividendsCommonStock
|
$656.00M | USD | 1 Quarter |
| Dividends paid on common stock |
PaymentsOfDividendsCommonStock
|
$514.00M | USD | 1 Quarter |
| Repurchase of common stock |
PaymentsForRepurchaseOfCommonStock
|
$125.00M | USD | 1 Quarter |
| Repurchase of common stock |
PaymentsForRepurchaseOfCommonStock
|
$73.00M | USD | 1 Quarter |
| Early extinguishment of debt |
PaymentsOfEarlyExtinguishmentOfDebt
|
$3.64B | USD | 1 Quarter |
| Premiums paid for early extinguishment of debt |
PaymentsOfDebtExtinguishmentCosts
|
$206.00M | USD | 1 Quarter |
| Proceeds from termination of interest rate swaps |
ProceedsFromDerivativeInstrumentFinancingActivities
|
$66.00M | USD | 1 Quarter |
| Debt financing fees |
PaymentsOfDebtIssuanceCosts
|
$7.00M | USD | 1 Quarter |
| Excess tax benefit on stock-based compensation plans |
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
|
$26.00M | USD | 1 Quarter |
| Excess tax benefit on stock-based compensation plans |
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
|
$29.00M | USD | 1 Quarter |
| Net cash flows used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-729.00M | USD | 1 Quarter |
| Net cash flows used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-4.40B | USD | 1 Quarter |
| Effect of exchange rate changes on cash and cash equivalents |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$12.00M | USD | 1 Quarter |
| Effect of exchange rate changes on cash and cash equivalents |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$3.00M | USD | 1 Quarter |
| Net change in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$1.10B | USD | 1 Quarter |
| Net change in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$1.87B | USD | 1 Quarter |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$4.44B | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$2.57B | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$2.05B | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$3.15B | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$4.44B | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$2.57B | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$2.05B | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$3.15B | USD | Point-in-time |
| Income taxes paid, net of refunds |
IncomeTaxesPaidNet
|
$17.00M | USD | 1 Quarter |
| Income taxes paid, net of refunds |
IncomeTaxesPaidNet
|
$25.00M | USD | 1 Quarter |
| Interest paid |
InterestPaidNet
|
$185.00M | USD | 1 Quarter |
| Interest paid |
InterestPaidNet
|
$132.00M | USD | 1 Quarter |
Comprehensive Income
16 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Tax expense (benefit), retirement benefits |
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
|
$-4.00M | USD | 1 Quarter |
| Tax expense (benefit), retirement benefits |
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
|
$-4.00M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$780.00M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$3.56B | USD | 1 Quarter |
| Tax expense, on long-term investments |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
|
$1.00M | USD | 1 Quarter |
| Retirement benefits, net of tax |
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
$6.00M | USD | 1 Quarter |
| Retirement benefits, net of tax |
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
$4.00M | USD | 1 Quarter |
| Tax expense, on hedging instruments |
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax
|
$6.00M | USD | 1 Quarter |
| Long-term investments, net of tax |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
$-1.00M | USD | 1 Quarter |
| Tax expense (benefit), cumulative translation adjustment and other |
OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax
|
$1.00M | USD | 1 Quarter |
| Tax expense (benefit), cumulative translation adjustment and other |
OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax
|
$11.00M | USD | 1 Quarter |
| Hedging instruments, net of tax |
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
$11.00M | USD | 1 Quarter |
| Cumulative translation adjustment and other, net of tax |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
$22.00M | USD | 1 Quarter |
| Cumulative translation adjustment and other, net of tax |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
$3.00M | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$3.59B | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$779.00M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.