Analyzing and Computing Issue Price, Treasury Stock Cost, and Shares Outstanding Following is the stockholders’ equity section from Altria Group Inc.’s 2015 balance sheet.

December 31 ($ millions, except per share amounts) 2015 Common stock, par value $0.331/3per share (2,805,961,317 shares issued) . . . . . . . . . . . $ 935 Additional paid-in capital . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5,813 Earnings reinvested in the business. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 27,257 Accumulated other comprehensive losses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (3,280)

Cost of repurchased stock (845,901,836 shares). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (27,845)

Total stockholders’ equity attributable to Altria Group Inc. . . . . . . . . . . . . . . . . . . . . . . . 2,880 Noncontrolling interests . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (7)

Total stockholders’ equity. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 2,873

a. Show the computation to derive the $935 million for common stock.

b. At what average price has Altria issued its common stock?

c. How many shares of Altria common stock are outstanding as of December 31, 2015?

d. At what average cost has Altria repurchased its treasury stock as of December 31, 2015?

e. Why would a company such as Altria want to repurchase $27,845 million of its common stock?

f. What does the Noncontrolling interests account of $(7) million represent?