“This could have some impact on the input costs and the inflation adjustment to our master settlement agreement payments.”

In context

“differences, segment volume decreased by an estimated 2.5% for the third quarter and 0.5% for the first 9 months. Oral tobacco products segment retail share for the third quarter was sequentially unchanged as strong share gains for On offset declines in MSP. The segment declined 2.2 percentage points versus the third quarter last year due to the continued growth of the Oral Nicotine Pouch category. Looking ahead, we're monitoring several factors as we move towards the end of this year and into the next. Many industries are experiencing rising input costs and supply chain disruptions. Thanks to the foresight and hard work of our procurement team, we're successfully managing through these issues without significant impact to-date. For Altria, we foresee modest inflation in the year ahead. This could have some impact on the input costs and the inflation adjustment to our master settlement agreement payments. However, our Tobacco businesses remained strong and we are confident in our ability to manage through short-term economic challenges. As a reminder, we contemplate an array of scenarios in our financial forecasts and intend to incorporate these factors into our 2022 EPS guidance, which we expect to provide in January. Turning to our investment in ABI. The five-year lockup on our restricted share expired earlier this month. We've been an investor in the beer category since 1970 and our original investment of $230 million has served us extremely well over the past half century. In fact, since 2003 our beer investment has served as a diverse income stream that contributed over $12 billion of adjusted equity earnings, contributed over $10 billion of cash from both dividends and 2016 merger p”