Philip Morris USA paid USD 3.5 billion (EUR 3.3 Billion) to the Master Settlement Agreement, raising its total contribution since signing MSA in the late 1990s to USD 70 billion, the company said.
MSA collects money from tobacco companies and distributes it among US states to help defray health care costs stemming from tobacco use by funding cessation and prevention efforts.
PM USA, an Altria Group company, plans to release an earnings statement for the first business quarter on 23 April.
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