Related Party and Party-In-Interest Transactions |
12 Months Ended | ||||||||||||
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Dec. 31, 2025 | |||||||||||||
| EBP Hourly DPS Plan | |||||||||||||
| EBP, Related Party and Party-in-Interest Transactions [Line Items] | |||||||||||||
| Related Party and Party-In-Interest Transactions |
The Plan includes participant investments in Altria Stock. Altria is the sponsor of the Plan and, accordingly, these investments represents party-in-interest transactions under ERISA. During the years ended 2025 and 2024, participant purchases of Altria Stock were approximately $325 million and $293 million, respectively, and participant sales of Altria Stock were approximately $367 million and $390 million, respectively. Net appreciation (including dividends) on Altria Stock investments was approximately $247 million for the year ended December 31, 2025. Investments in collective investment funds include a portion managed by SSIM, formerly known as SSgA, an affiliate of State Street. State Street served as trustee, as defined by the Plan, of Master Trust A prior to the Transition and was a party-in-interest. Beginning on the Transition Date, State Street provided sub-custodial services with respect to certain Plan assets held in the Master Trust and, accordingly, represented a party-in-interest as of December 31, 2025. The investment balance in collective investment funds managed by SSIM was approximately $1,089 million and $1,009 million as of December 31, 2025 and 2024, respectively. These investments and transactions in these investments do not constitute prohibited transactions under ERISA.
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