10-Q Filing

PHILIP MORRIS INTERNATIONAL INC. CIK: 1413329 Q3 2017

Filing Information

Form Type	10-Q
Accession Number	`0001413329-17-000054`
Period End Date	20170930
Filing Date	20171026
Fiscal Year	2017
Fiscal Period	Q3
XBRL Instance	pm-20170930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 98 Income Statement 68 Cash Flow Statement 62 Stockholders Equity 28 Comprehensive Income 64

Balance Sheet 98 line items

Line Item	Tag	Value	Unit	Period
Receivables, allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$43.00M	USD	Point-in-time
Receivables, allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$42.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.42B	USD	Point-in-time
Common stock, no par value (in dollars per share)	`CommonStockNoParValue`	-	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$7.67B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.24B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.88B	USD	Point-in-time
Common stock, no par value (in dollars per share)	`CommonStockNoParValue`	-	USD	Point-in-time
Receivables (less allowances of $43 in 2017 and $42 in 2016)	`AccountsReceivableNetCurrent`	$3.98B	USD	Point-in-time
Receivables (less allowances of $43 in 2017 and $42 in 2016)	`AccountsReceivableNetCurrent`	$3.50B	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	2.11B	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	2.11B	shares	Point-in-time
Repurchased stock, shares (in shares)	`TreasuryStockShares`	556.12M	shares	Point-in-time
Repurchased stock, shares (in shares)	`TreasuryStockShares`	557.93M	shares	Point-in-time
Leaf tobacco	`InventoryLeafTobacco`	$2.68B	USD	Point-in-time
Leaf tobacco	`InventoryLeafTobacco`	$2.50B	USD	Point-in-time
Other raw materials	`InventoryRawMaterials`	$1.57B	USD	Point-in-time
Other raw materials	`InventoryRawMaterials`	$1.51B	USD	Point-in-time
Finished product	`InventoryFinishedGoods`	$4.09B	USD	Point-in-time
Finished product	`InventoryFinishedGoods`	$4.95B	USD	Point-in-time
Total inventory, net	`InventoryNet`	$8.28B	USD	Point-in-time
Total inventory, net	`InventoryNet`	$9.02B	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$853.00M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$924.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$20.86B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$17.61B	USD	Point-in-time
Property, plant and equipment, at cost	`PropertyPlantAndEquipmentGross`	$12.36B	USD	Point-in-time
Property, plant and equipment, at cost	`PropertyPlantAndEquipmentGross`	$13.97B	USD	Point-in-time
Less: accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$7.12B	USD	Point-in-time
Less: accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$6.30B	USD	Point-in-time
Total property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$6.86B	USD	Point-in-time
Total property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$6.06B	USD	Point-in-time
Goodwill	`Goodwill`	$7.68B	USD	Point-in-time
Goodwill	`Goodwill`	$7.32B	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$2.50B	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$2.47B	USD	Point-in-time
Investments in unconsolidated subsidiaries	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$1.08B	USD	Point-in-time
Investments in unconsolidated subsidiaries	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$1.01B	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$1.14B	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$859.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$1.51B	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$1.83B	USD	Point-in-time
TOTAL ASSETS	`Assets`	$41.95B	USD	Point-in-time
TOTAL ASSETS	`Assets`	$36.85B	USD	Point-in-time
Short-term borrowings	`ShortTermBorrowings`	$643.00M	USD	Point-in-time
Short-term borrowings	`ShortTermBorrowings`	$2.90B	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$3.00B	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$2.57B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.67B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.97B	USD	Point-in-time
Marketing and selling	`AccruedMarketingCostsCurrent`	$575.00M	USD	Point-in-time
Marketing and selling	`AccruedMarketingCostsCurrent`	$680.00M	USD	Point-in-time
Taxes, except income taxes	`SalesAndExciseTaxPayableCurrent`	$5.49B	USD	Point-in-time
Taxes, except income taxes	`SalesAndExciseTaxPayableCurrent`	$6.20B	USD	Point-in-time
Employment costs	`EmployeeRelatedLiabilitiesCurrent`	$825.00M	USD	Point-in-time
Employment costs	`EmployeeRelatedLiabilitiesCurrent`	$800.00M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$1.62B	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$1.67B	USD	Point-in-time
Other	`OtherAccruedLiabilitiesCurrent`	$1.50B	USD	Point-in-time
Other	`OtherAccruedLiabilitiesCurrent`	$1.55B	USD	Point-in-time
Income taxes	`AccruedIncomeTaxesCurrent`	$463.00M	USD	Point-in-time
Income taxes	`AccruedIncomeTaxesCurrent`	$832.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$16.47B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$18.51B	USD	Point-in-time
Long-term debt	`LongTermDebtAndCapitalLeaseObligations`	$28.07B	USD	Point-in-time
Long-term debt	`LongTermDebtAndCapitalLeaseObligations`	$25.85B	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$1.90B	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$1.04B	USD	Point-in-time
Employment costs	`PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesNoncurrent`	$2.87B	USD	Point-in-time
Employment costs	`PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesNoncurrent`	$2.80B	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$736.00M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$1.10B	USD	Point-in-time
Total liabilities	`Liabilities`	$51.58B	USD	Point-in-time
Total liabilities	`Liabilities`	$47.75B	USD	Point-in-time
Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, no par value (2,109,316,331 shares issued in 2017 and 2016)	`CommonStockValue`	-	USD	Point-in-time
Common stock, no par value (2,109,316,331 shares issued in 2017 and 2016)	`CommonStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.94B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.96B	USD	Point-in-time
Earnings reinvested in the business	`RetainedEarningsAccumulatedDeficit`	$30.83B	USD	Point-in-time
Earnings reinvested in the business	`RetainedEarningsAccumulatedDeficit`	$30.40B	USD	Point-in-time
Accumulated other comprehensive losses	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-9.56B	USD	Point-in-time
Accumulated other comprehensive losses	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-8.80B	USD	Point-in-time
Total stockholders' equity before treasury stock	`StockholdersEquityBeforeTreasuryStock`	$23.98B	USD	Point-in-time
Total stockholders' equity before treasury stock	`StockholdersEquityBeforeTreasuryStock`	$22.80B	USD	Point-in-time
Less: cost of repurchased stock (556,120,940 and 557,930,784 shares in 2017 and 2016, respectively)	`TreasuryStockValue`	$35.49B	USD	Point-in-time
Less: cost of repurchased stock (556,120,940 and 557,930,784 shares in 2017 and 2016, respectively)	`TreasuryStockValue`	$35.38B	USD	Point-in-time
Total PMI stockholders deficit	`StockholdersEquity`	$-12.69B	USD	Point-in-time
Total PMI stockholders deficit	`StockholdersEquity`	$-11.41B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$1.77B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$1.79B	USD	Point-in-time
Total stockholders deficit	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-10.90B	USD	Point-in-time
Total stockholders deficit	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-11.48B	USD	Point-in-time
Total stockholders deficit	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-10.32B	USD	Point-in-time
Total stockholders deficit	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-9.63B	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS (DEFICIT) EQUITY	`LiabilitiesAndStockholdersEquity`	$36.85B	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS (DEFICIT) EQUITY	`LiabilitiesAndStockholdersEquity`	$41.95B	USD	Point-in-time

Income Statement 68 line items

Line Item	Tag	Value	Unit	Period
Net revenues	`SalesRevenueNet`	$55.76B	USD	3 Qtrs
Net revenues	`SalesRevenueNet`	$19.93B	USD	1 Quarter
Net revenues	`SalesRevenueNet`	$20.64B	USD	1 Quarter
Net revenues	`SalesRevenueNet`	$56.51B	USD	3 Qtrs
Cost of sales	`CostOfGoodsSold`	$7.43B	USD	3 Qtrs
Cost of sales	`CostOfGoodsSold`	$2.43B	USD	1 Quarter
Cost of sales	`CostOfGoodsSold`	$2.73B	USD	1 Quarter
Cost of sales	`CostOfGoodsSold`	$6.89B	USD	3 Qtrs
Excise taxes on products	`ExciseAndSalesTaxes`	$13.16B	USD	1 Quarter
Excise taxes on products	`ExciseAndSalesTaxes`	$36.06B	USD	3 Qtrs
Excise taxes on products	`ExciseAndSalesTaxes`	$36.05B	USD	3 Qtrs
Excise taxes on products	`ExciseAndSalesTaxes`	$12.95B	USD	1 Quarter
Gross profit	`GrossProfit`	$4.55B	USD	1 Quarter
Gross profit	`GrossProfit`	$4.74B	USD	1 Quarter
Gross profit	`GrossProfit`	$13.02B	USD	3 Qtrs
Gross profit	`GrossProfit`	$12.82B	USD	3 Qtrs
Marketing, administration and research costs	`MarketingAdministrationAndResearchCosts`	$4.56B	USD	3 Qtrs
Marketing, administration and research costs	`MarketingAdministrationAndResearchCosts`	$4.77B	USD	3 Qtrs
Marketing, administration and research costs	`MarketingAdministrationAndResearchCosts`	$1.65B	USD	1 Quarter
Marketing, administration and research costs	`MarketingAdministrationAndResearchCosts`	$1.55B	USD	1 Quarter
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$65.00M	USD	3 Qtrs
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$21.00M	USD	1 Quarter
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$19.00M	USD	1 Quarter
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$56.00M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$2.98B	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$8.19B	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$8.20B	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$3.07B	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-690.00M	USD	3 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-223.00M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-655.00M	USD	3 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-220.00M	USD	1 Quarter
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$7.51B	USD	3 Qtrs
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$2.76B	USD	1 Quarter
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$2.85B	USD	1 Quarter
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$7.53B	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$764.00M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$2.11B	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$2.04B	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$812.00M	USD	1 Quarter
Equity (income)/loss in unconsolidated subsidiaries, net	`IncomeLossFromEquityMethodInvestments`	$12.00M	USD	1 Quarter
Equity (income)/loss in unconsolidated subsidiaries, net	`IncomeLossFromEquityMethodInvestments`	$35.00M	USD	1 Quarter
Equity (income)/loss in unconsolidated subsidiaries, net	`IncomeLossFromEquityMethodInvestments`	$72.00M	USD	3 Qtrs
Equity (income)/loss in unconsolidated subsidiaries, net	`IncomeLossFromEquityMethodInvestments`	$57.00M	USD	3 Qtrs
Net earnings	`ProfitLoss`	$2.04B	USD	1 Quarter
Net earnings	`ProfitLoss`	$5.47B	USD	3 Qtrs
Net earnings	`ProfitLoss`	$5.54B	USD	3 Qtrs
Net earnings	`ProfitLoss`	$2.03B	USD	1 Quarter
Net earnings attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$204.00M	USD	3 Qtrs
Net earnings attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$90.00M	USD	1 Quarter
Net earnings attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$75.00M	USD	1 Quarter
Net earnings attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$219.00M	USD	3 Qtrs
Net earnings attributable to PMI	`NetIncomeLoss`	$5.26B	USD	3 Qtrs
Net earnings attributable to PMI	`NetIncomeLoss`	$1.94B	USD	1 Quarter
Net earnings attributable to PMI	`NetIncomeLoss`	$5.34B	USD	3 Qtrs
Net earnings attributable to PMI	`NetIncomeLoss`	$1.97B	USD	1 Quarter
Basic earnings per share (in dollars per share)	`EarningsPerShareBasic`	$1.25	USD	1 Quarter
Basic earnings per share (in dollars per share)	`EarningsPerShareBasic`	$1.27	USD	1 Quarter
Basic earnings per share (in dollars per share)	`EarningsPerShareBasic`	$3.38	USD	3 Qtrs
Basic earnings per share (in dollars per share)	`EarningsPerShareBasic`	$3.43	USD	3 Qtrs
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$1.25	USD	1 Quarter
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$3.38	USD	3 Qtrs
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$3.43	USD	3 Qtrs
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$1.27	USD	1 Quarter
Dividends declared (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$1.07	USD	1 Quarter
Dividends declared (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$1.04	USD	1 Quarter
Dividends declared (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$3.15	USD	3 Qtrs
Dividends declared (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$3.08	USD	3 Qtrs

Cash Flow Statement 62 line items

Line Item	Tag	Value	Unit	Period
Net earnings	`ProfitLoss`	$2.04B	USD	1 Quarter
Net earnings	`ProfitLoss`	$5.47B	USD	3 Qtrs
Net earnings	`ProfitLoss`	$5.54B	USD	3 Qtrs
Net earnings	`ProfitLoss`	$2.03B	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$632.00M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$548.00M	USD	3 Qtrs
Deferred income tax (benefit) provision	`DeferredIncomeTaxExpenseBenefit`	$-355.00M	USD	3 Qtrs
Deferred income tax (benefit) provision	`DeferredIncomeTaxExpenseBenefit`	$50.00M	USD	3 Qtrs
Asset impairment and exit costs, net of cash paid	`AssetImpairmentAndExitCostsNetOfCashPaid`	$-26.00M	USD	3 Qtrs
Asset impairment and exit costs, net of cash paid	`AssetImpairmentAndExitCostsNetOfCashPaid`	$-8.00M	USD	3 Qtrs
Receivables, net	`IncreaseDecreaseInReceivables`	$118.00M	USD	3 Qtrs
Receivables, net	`IncreaseDecreaseInReceivables`	$398.00M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-1.25B	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-1.24B	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$180.00M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$247.00M	USD	3 Qtrs
Income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-259.00M	USD	3 Qtrs
Income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-420.00M	USD	3 Qtrs
Accrued liabilities and other current assets	`IncreaseDecreaseInAccruedLiabilitiesAndOtherCurrentAssets`	$718.00M	USD	3 Qtrs
Accrued liabilities and other current assets	`IncreaseDecreaseInAccruedLiabilitiesAndOtherCurrentAssets`	$985.00M	USD	3 Qtrs
Pension plan contributions	`PensionContributions`	$52.00M	USD	3 Qtrs
Pension plan contributions	`PensionContributions`	$80.00M	USD	3 Qtrs
Other	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-178.00M	USD	3 Qtrs
Other	`IncreaseDecreaseInOtherOperatingCapitalNet`	$5.00M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$5.99B	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$5.93B	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$995.00M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$734.00M	USD	3 Qtrs
Investments in unconsolidated subsidiaries	`PaymentsToAcquireInterestInSubsidiariesAndAffiliates`	$26.00M	USD	3 Qtrs
Investments in unconsolidated subsidiaries	`PaymentsToAcquireInterestInSubsidiariesAndAffiliates`	$40.00M	USD	3 Qtrs
Net investment hedges and other	`PaymentsForProceedsFromHedgeInvestingActivities`	$1.26B	USD	3 Qtrs
Net investment hedges and other	`PaymentsForProceedsFromHedgeInvestingActivities`	$183.00M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-2.29B	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-943.00M	USD	3 Qtrs
Net issuances (repayments) - maturities of 90 days or less	`ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess`	$646.00M	USD	3 Qtrs
Net issuances (repayments) - maturities of 90 days or less	`ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess`	$-55.00M	USD	3 Qtrs
Issuances - maturities longer than 90 days	`ProceedsFromShortTermDebtMaturingInMoreThanThreeMonths`	-	USD	3 Qtrs
Issuances - maturities longer than 90 days	`ProceedsFromShortTermDebtMaturingInMoreThanThreeMonths`	$1.63B	USD	3 Qtrs
Long-term debt proceeds	`ProceedsFromIssuanceOfLongTermDebt`	$3.72B	USD	3 Qtrs
Long-term debt proceeds	`ProceedsFromIssuanceOfLongTermDebt`	$3.54B	USD	3 Qtrs
Long-term debt repaid	`RepaymentsOfLongTermDebt`	$2.07B	USD	3 Qtrs
Long-term debt repaid	`RepaymentsOfLongTermDebt`	$2.05B	USD	3 Qtrs
Dividends paid	`PaymentsOfDividends`	$4.85B	USD	3 Qtrs
Dividends paid	`PaymentsOfDividends`	$4.76B	USD	3 Qtrs
Sale (purchase) of subsidiary shares to/(from) noncontrolling interests	`ProceedsFromPaymentsToMinorityShareholders`	$5.00M	USD	3 Qtrs
Sale (purchase) of subsidiary shares to/(from) noncontrolling interests	`ProceedsFromPaymentsToMinorityShareholders`	$5.00M	USD	3 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-331.00M	USD	3 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-215.00M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.23B	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-3.56B	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$42.00M	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$961.00M	USD	3 Qtrs
Increase	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$3.43B	USD	3 Qtrs
Increase	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$1.47B	USD	3 Qtrs
Balance at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$3.42B	USD	Point-in-time
Balance at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$7.67B	USD	Point-in-time
Balance at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$4.24B	USD	Point-in-time
Balance at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$4.88B	USD	Point-in-time
Balance at end of period	`CashAndCashEquivalentsAtCarryingValue`	$3.42B	USD	Point-in-time
Balance at end of period	`CashAndCashEquivalentsAtCarryingValue`	$7.67B	USD	Point-in-time
Balance at end of period	`CashAndCashEquivalentsAtCarryingValue`	$4.24B	USD	Point-in-time
Balance at end of period	`CashAndCashEquivalentsAtCarryingValue`	$4.88B	USD	Point-in-time

Stockholders Equity 28 line items

Line Item	Tag	Value	Unit	Period
Dividends declared (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$1.07	USD	1 Quarter
Dividends declared (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$1.04	USD	1 Quarter
Dividends declared (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$3.15	USD	3 Qtrs
Dividends declared (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$3.08	USD	3 Qtrs
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-10.90B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-11.48B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-10.32B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-9.63B	USD	Point-in-time
Net earnings	`ProfitLoss`	$2.04B	USD	1 Quarter
Net earnings	`ProfitLoss`	$5.47B	USD	3 Qtrs
Net earnings	`ProfitLoss`	$5.54B	USD	3 Qtrs
Net earnings	`ProfitLoss`	$2.03B	USD	1 Quarter
Other comprehensive earnings (losses), net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$751.00M	USD	3 Qtrs
Other comprehensive earnings (losses), net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$265.00M	USD	1 Quarter
Other comprehensive earnings (losses), net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$533.00M	USD	3 Qtrs
Other comprehensive earnings (losses), net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$65.00M	USD	1 Quarter
Issuance of stock awards	`StockIssuedDuringPeriodValueShareBasedCompensation`	$95.00M	USD	3 Qtrs
Issuance of stock awards	`StockIssuedDuringPeriodValueShareBasedCompensation`	$129.00M	USD	3 Qtrs
Dividends declared ($3.08 and $3.15 per share for the nine months ended September 30, 2016 and 2017, respectively)	`DividendsCommonStock`	$4.79B	USD	3 Qtrs
Dividends declared ($3.08 and $3.15 per share for the nine months ended September 30, 2016 and 2017, respectively)	`DividendsCommonStock`	$4.91B	USD	3 Qtrs
Payments to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$187.00M	USD	3 Qtrs
Payments to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$222.00M	USD	3 Qtrs
Other	`StockholdersEquityOther`	$-2.00M	USD	3 Qtrs
Other	`StockholdersEquityOther`	$-5.00M	USD	3 Qtrs
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-10.90B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-11.48B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-10.32B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-9.63B	USD	Point-in-time

Comprehensive Income 64 line items

Line Item	Tag	Value	Unit	Period
Net earnings	`ProfitLoss`	$2.04B	USD	1 Quarter
Income taxes on currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$-244.00M	USD	1 Quarter
Net earnings	`ProfitLoss`	$5.47B	USD	3 Qtrs
Income taxes on currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$-790.00M	USD	3 Qtrs
Income taxes on currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$-84.00M	USD	1 Quarter
Income taxes on currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$-131.00M	USD	3 Qtrs
Net earnings	`ProfitLoss`	$5.54B	USD	3 Qtrs
Net earnings	`ProfitLoss`	$2.03B	USD	1 Quarter
Income taxes on (gains) losses transferred to earnings from currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationTax`	-	USD	1 Quarter
Income taxes on (gains) losses transferred to earnings from currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationTax`	-	USD	1 Quarter
Income taxes on (gains) losses transferred to earnings from currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationTax`	-	USD	3 Qtrs
Income taxes on (gains) losses transferred to earnings from currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationTax`	-	USD	3 Qtrs
Income taxes on net losses and prior service costs	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansBeforeReclassificationAdjustmentsTax`	$3.00M	USD	3 Qtrs
Income taxes on net losses and prior service costs	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansBeforeReclassificationAdjustmentsTax`	-	USD	3 Qtrs
Unrealized gains (losses), net of income taxes of $790 and $131 in the nine months ended September 30, 2017 and 2016 and $244 and $84 in the three months ended September 30, 2017 and 2016	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$201.00M	USD	1 Quarter
Unrealized gains (losses), net of income taxes of $790 and $131 in the nine months ended September 30, 2017 and 2016 and $244 and $84 in the three months ended September 30, 2017 and 2016	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$6.00M	USD	1 Quarter
Income taxes on amortization of net losses, prior service costs and net transition costs	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax`	$12.00M	USD	1 Quarter
Income taxes on amortization of net losses, prior service costs and net transition costs	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax`	$10.00M	USD	1 Quarter
Unrealized gains (losses), net of income taxes of $790 and $131 in the nine months ended September 30, 2017 and 2016 and $244 and $84 in the three months ended September 30, 2017 and 2016	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$631.00M	USD	3 Qtrs
Income taxes on amortization of net losses, prior service costs and net transition costs	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax`	$31.00M	USD	3 Qtrs
Unrealized gains (losses), net of income taxes of $790 and $131 in the nine months ended September 30, 2017 and 2016 and $244 and $84 in the three months ended September 30, 2017 and 2016	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$544.00M	USD	3 Qtrs
Income taxes on amortization of net losses, prior service costs and net transition costs	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax`	$27.00M	USD	3 Qtrs
(Gains)/losses transferred to earnings, net of income taxes of $- and $- in the nine months ended September 30, 2017 and 2016 and $- and $- in the three months ended September 30, 2017 and 2016	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax`	-	USD	1 Quarter
(Gains)/losses transferred to earnings, net of income taxes of $- and $- in the nine months ended September 30, 2017 and 2016 and $- and $- in the three months ended September 30, 2017 and 2016	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax`	$2.00M	USD	3 Qtrs
Income taxes on (loss)/gain recognized from fair value of derivatives accounted for as hedges	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax`	$-7.00M	USD	3 Qtrs
Income taxes on (loss)/gain recognized from fair value of derivatives accounted for as hedges	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax`	$-31.00M	USD	3 Qtrs
(Gains)/losses transferred to earnings, net of income taxes of $- and $- in the nine months ended September 30, 2017 and 2016 and $- and $- in the three months ended September 30, 2017 and 2016	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax`	$2.00M	USD	1 Quarter
Income taxes on (loss)/gain recognized from fair value of derivatives accounted for as hedges	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax`	$-1.00M	USD	1 Quarter
(Gains)/losses transferred to earnings, net of income taxes of $- and $- in the nine months ended September 30, 2017 and 2016 and $- and $- in the three months ended September 30, 2017 and 2016	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax`	-	USD	3 Qtrs
Income taxes on (loss)/gain recognized from fair value of derivatives accounted for as hedges	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax`	$1.00M	USD	1 Quarter
Income taxes on loss/(gain) transferred to earnings from fair value of derivatives accounted for as hedges	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax`	$-6.00M	USD	3 Qtrs
Income taxes on loss/(gain) transferred to earnings from fair value of derivatives accounted for as hedges	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax`	-	USD	1 Quarter
Income taxes on loss/(gain) transferred to earnings from fair value of derivatives accounted for as hedges	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax`	$1.00M	USD	3 Qtrs
Income taxes on loss/(gain) transferred to earnings from fair value of derivatives accounted for as hedges	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax`	$-3.00M	USD	1 Quarter
Net losses and prior service costs, net of income taxes of $- and $3 in the nine months ended September 30, 2017 and 2016	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax`	$10.00M	USD	3 Qtrs
Net losses and prior service costs, net of income taxes of $- and $3 in the nine months ended September 30, 2017 and 2016	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax`	-	USD	3 Qtrs
Amortization of net losses, prior service costs and net transition costs, net of income taxes of ($31) and ($27) in the nine months ended September 30, 2017 and 2016 and ($12) and ($10) in the three months ended September 30, 2017 and 2016	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax`	$166.00M	USD	3 Qtrs
Amortization of net losses, prior service costs and net transition costs, net of income taxes of ($31) and ($27) in the nine months ended September 30, 2017 and 2016 and ($12) and ($10) in the three months ended September 30, 2017 and 2016	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax`	$164.00M	USD	3 Qtrs
Amortization of net losses, prior service costs and net transition costs, net of income taxes of ($31) and ($27) in the nine months ended September 30, 2017 and 2016 and ($12) and ($10) in the three months ended September 30, 2017 and 2016	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax`	$55.00M	USD	1 Quarter
Amortization of net losses, prior service costs and net transition costs, net of income taxes of ($31) and ($27) in the nine months ended September 30, 2017 and 2016 and ($12) and ($10) in the three months ended September 30, 2017 and 2016	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax`	$54.00M	USD	1 Quarter
Gains (losses) recognized, net of income taxes of $7 and $31 in the nine months ended September 30, 2017 and 2016 and ($1) and $1 in the three months ended September 30, 2017 and 2016	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-11.00M	USD	1 Quarter
Gains (losses) recognized, net of income taxes of $7 and $31 in the nine months ended September 30, 2017 and 2016 and ($1) and $1 in the three months ended September 30, 2017 and 2016	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$5.00M	USD	1 Quarter
Gains (losses) recognized, net of income taxes of $7 and $31 in the nine months ended September 30, 2017 and 2016 and ($1) and $1 in the three months ended September 30, 2017 and 2016	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-184.00M	USD	3 Qtrs
Gains (losses) recognized, net of income taxes of $7 and $31 in the nine months ended September 30, 2017 and 2016 and ($1) and $1 in the three months ended September 30, 2017 and 2016	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-48.00M	USD	3 Qtrs
(Gains) losses transferred to earnings, net of income taxes of $1 and ($6) in the nine months ended September 30, 2017 and 2016 and $- and ($3) in the three months ended September 30, 2017 and 2016	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	$-6.00M	USD	1 Quarter
(Gains) losses transferred to earnings, net of income taxes of $1 and ($6) in the nine months ended September 30, 2017 and 2016 and $- and ($3) in the three months ended September 30, 2017 and 2016	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	$-16.00M	USD	1 Quarter
(Gains) losses transferred to earnings, net of income taxes of $1 and ($6) in the nine months ended September 30, 2017 and 2016 and $- and ($3) in the three months ended September 30, 2017 and 2016	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	$-19.00M	USD	3 Qtrs
(Gains) losses transferred to earnings, net of income taxes of $1 and ($6) in the nine months ended September 30, 2017 and 2016 and $- and ($3) in the three months ended September 30, 2017 and 2016	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	$-4.00M	USD	3 Qtrs
Total other comprehensive earnings (losses)	`OtherComprehensiveIncomeLossNetOfTax`	$751.00M	USD	3 Qtrs
Total other comprehensive earnings (losses)	`OtherComprehensiveIncomeLossNetOfTax`	$265.00M	USD	1 Quarter
Total other comprehensive earnings (losses)	`OtherComprehensiveIncomeLossNetOfTax`	$533.00M	USD	3 Qtrs
Total other comprehensive earnings (losses)	`OtherComprehensiveIncomeLossNetOfTax`	$65.00M	USD	1 Quarter
Total comprehensive earnings	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$2.31B	USD	1 Quarter
Total comprehensive earnings	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$2.09B	USD	1 Quarter
Total comprehensive earnings	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$6.01B	USD	3 Qtrs
Total comprehensive earnings	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$6.30B	USD	3 Qtrs
Noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$67.00M	USD	1 Quarter
Noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$89.00M	USD	1 Quarter
Noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$239.00M	USD	3 Qtrs
Noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$193.00M	USD	3 Qtrs
Comprehensive earnings attributable to PMI	`ComprehensiveIncomeNetOfTax`	$6.10B	USD	3 Qtrs
Comprehensive earnings attributable to PMI	`ComprehensiveIncomeNetOfTax`	$2.00B	USD	1 Quarter
Comprehensive earnings attributable to PMI	`ComprehensiveIncomeNetOfTax`	$5.77B	USD	3 Qtrs
Comprehensive earnings attributable to PMI	`ComprehensiveIncomeNetOfTax`	$2.24B	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.