Altria Group

Altria Group, Inc. (previously named Philip Morris Companies Inc.), based in New York City, is the parent company of Philip Morris International, Philip Morris USA and Philip Morris Capital Corporation, and is one of the world's largest tobacco corporations. In addition, Altria Group, Inc. has a 28.7% economic and voting interest in one of the world's largest brewing companies, UK based SABMiller plc. It is a component of the Dow Jones Industrial Average and S&P 500.

On January 27, 2003, Philip Morris Companies Inc. changed its name to Altria Group, Inc. On March 30, 2007, a spin out of Kraft Foods subsidiary (publicly traded since 2001) was concluded through distribution of the remaining stake of shares (88.1%) to Altria shareholders. As a result, Altria no longer holds any interest in Kraft Foods.

Holdings

Altria Group, Inc. owns 100 percent of Philip Morris USA, Philip Morris International, and Philip Morris Capital Corporation. It also owns 28.7% of SABMiller plc.

The net revenue (and operating income) of Altria Group, Inc. comes predominantly from its tobacco business.