10-Q Filing

PHILIP MORRIS INTERNATIONAL INC. CIK: 1413329 Q2 2018

Filing Information

Form Type	10-Q
Accession Number	`0001413329-18-000039`
Period End Date	20180630
Filing Date	20180726
Fiscal Year	2018
Fiscal Period	Q2
XBRL Instance	pm-20180630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 98 Income Statement 76 Cash Flow Statement 64 Stockholders Equity 29 Comprehensive Income 52

Balance Sheet 98 line items

Line Item	Tag	Value	Unit	Period
Receivables, allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$23.00M	USD	Point-in-time
Receivables, allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$25.00M	USD	Point-in-time
Common stock, no par value (in dollars per share)	`CommonStockNoParValue`	-	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$8.45B	USD	Point-in-time
Common stock, no par value (in dollars per share)	`CommonStockNoParValue`	-	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$6.59B	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	2.11B	shares	Point-in-time
Trade receivables (less allowances of $23 in 2018 and $25 in 2017)	`AccountsReceivableNetCurrent`	$3.19B	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	2.11B	shares	Point-in-time
Trade receivables (less allowances of $23 in 2018 and $25 in 2017)	`AccountsReceivableNetCurrent`	$2.94B	USD	Point-in-time
Repurchased stock, shares (in shares)	`TreasuryStockShares`	556.10M	shares	Point-in-time
Other receivables	`OtherReceivablesNetCurrent`	$836.00M	USD	Point-in-time
Other receivables	`OtherReceivablesNetCurrent`	$544.00M	USD	Point-in-time
Repurchased stock, shares (in shares)	`TreasuryStockShares`	554.82M	shares	Point-in-time
Leaf tobacco	`InventoryLeafTobacco`	$2.61B	USD	Point-in-time
Leaf tobacco	`InventoryLeafTobacco`	$2.46B	USD	Point-in-time
Other raw materials	`InventoryRawMaterials`	$1.46B	USD	Point-in-time
Other raw materials	`InventoryRawMaterials`	$1.56B	USD	Point-in-time
Finished product	`InventoryFinishedGoods`	$5.00B	USD	Point-in-time
Finished product	`InventoryFinishedGoods`	$4.64B	USD	Point-in-time
Total inventory, net	`InventoryNet`	$8.93B	USD	Point-in-time
Total inventory, net	`InventoryNet`	$8.81B	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$603.00M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$744.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$20.03B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$21.59B	USD	Point-in-time
Property, plant and equipment, at cost	`PropertyPlantAndEquipmentGross`	$14.38B	USD	Point-in-time
Property, plant and equipment, at cost	`PropertyPlantAndEquipmentGross`	$14.57B	USD	Point-in-time
Less: accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$7.27B	USD	Point-in-time
Less: accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$7.29B	USD	Point-in-time
Total property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$7.27B	USD	Point-in-time
Total property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$7.11B	USD	Point-in-time
Goodwill	`Goodwill`	$7.67B	USD	Point-in-time
Goodwill	`Goodwill`	$7.31B	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$2.34B	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$2.43B	USD	Point-in-time
Investments in unconsolidated subsidiaries and equity securities	`EquityMethodInvestmentsAndEquitySecuritiesFVNI`	$1.07B	USD	Point-in-time
Investments in unconsolidated subsidiaries and equity securities	`EquityMethodInvestmentsAndEquitySecuritiesFVNI`	$1.35B	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$909.00M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$1.01B	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$1.92B	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$1.67B	USD	Point-in-time
TOTAL ASSETS	`Assets`	$42.97B	USD	Point-in-time
TOTAL ASSETS	`Assets`	$40.72B	USD	Point-in-time
Short-term borrowings	`ShortTermBorrowings`	$499.00M	USD	Point-in-time
Short-term borrowings	`ShortTermBorrowings`	$592.00M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$3.02B	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$2.51B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$2.24B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.95B	USD	Point-in-time
Marketing and selling	`AccruedMarketingCostsCurrent`	$708.00M	USD	Point-in-time
Marketing and selling	`AccruedMarketingCostsCurrent`	$634.00M	USD	Point-in-time
Taxes, except income taxes	`SalesAndExciseTaxPayableCurrent`	$5.32B	USD	Point-in-time
Taxes, except income taxes	`SalesAndExciseTaxPayableCurrent`	$6.85B	USD	Point-in-time
Employment costs	`EmployeeRelatedLiabilitiesCurrent`	$856.00M	USD	Point-in-time
Employment costs	`EmployeeRelatedLiabilitiesCurrent`	$736.00M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$1.78B	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$1.67B	USD	Point-in-time
Other	`OtherAccruedLiabilitiesCurrent`	$1.32B	USD	Point-in-time
Other	`OtherAccruedLiabilitiesCurrent`	$1.35B	USD	Point-in-time
Income taxes	`AccruedIncomeTaxesCurrent`	$543.00M	USD	Point-in-time
Income taxes	`AccruedIncomeTaxesCurrent`	$812.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$15.96B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$17.44B	USD	Point-in-time
Long-term debt	`LongTermDebtAndCapitalLeaseObligations`	$31.33B	USD	Point-in-time
Long-term debt	`LongTermDebtAndCapitalLeaseObligations`	$28.05B	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$793.00M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$799.00M	USD	Point-in-time
Employment costs	`PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesNoncurrent`	$2.14B	USD	Point-in-time
Employment costs	`PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesNoncurrent`	$2.27B	USD	Point-in-time
Income taxes and other liabilities	`IncomeTaxesAndOtherLiabilitiesNoncurrent`	$2.47B	USD	Point-in-time
Income taxes and other liabilities	`IncomeTaxesAndOtherLiabilitiesNoncurrent`	$2.83B	USD	Point-in-time
Total liabilities	`Liabilities`	$53.20B	USD	Point-in-time
Total liabilities	`Liabilities`	$50.89B	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 2018 and 2017)	`CommonStockValue`	-	USD	Point-in-time
Common stock, no par value (2,109,316,331 shares issued in 2018 and 2017)	`CommonStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.89B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.97B	USD	Point-in-time
Earnings reinvested in the business	`RetainedEarningsAccumulatedDeficit`	$30.41B	USD	Point-in-time
Earnings reinvested in the business	`RetainedEarningsAccumulatedDeficit`	$29.86B	USD	Point-in-time
Accumulated other comprehensive losses	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-8.91B	USD	Point-in-time
Accumulated other comprehensive losses	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-8.54B	USD	Point-in-time
Total stockholders' equity before treasury stock	`StockholdersEquityBeforeTreasuryStock`	$23.30B	USD	Point-in-time
Total stockholders' equity before treasury stock	`StockholdersEquityBeforeTreasuryStock`	$23.39B	USD	Point-in-time
Less: cost of repurchased stock (554,822,236 and 556,098,569 shares in 2018 and 2017, respectively)	`TreasuryStockValue`	$35.31B	USD	Point-in-time
Less: cost of repurchased stock (554,822,236 and 556,098,569 shares in 2018 and 2017, respectively)	`TreasuryStockValue`	$35.38B	USD	Point-in-time
Total PMI stockholders deficit	`StockholdersEquity`	$-11.91B	USD	Point-in-time
Total PMI stockholders deficit	`StockholdersEquity`	$-12.09B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$1.86B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$1.75B	USD	Point-in-time
Total stockholders deficit	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-10.23B	USD	Point-in-time
Total stockholders deficit	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-10.17B	USD	Point-in-time
Total stockholders deficit	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-10.90B	USD	Point-in-time
Total stockholders deficit	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-10.28B	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS (DEFICIT) EQUITY	`LiabilitiesAndStockholdersEquity`	$40.72B	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS (DEFICIT) EQUITY	`LiabilitiesAndStockholdersEquity`	$42.97B	USD	Point-in-time

Income Statement 76 line items

Line Item	Tag	Value	Unit	Period
Revenues including excise taxes	`RevenueFromContractWithCustomerIncludingAssessedTax`	$19.32B	USD	1 Quarter
Revenues including excise taxes	`RevenueFromContractWithCustomerIncludingAssessedTax`	$39.53B	USD	2 Qtrs
Revenues including excise taxes	`RevenueFromContractWithCustomerIncludingAssessedTax`	$21.10B	USD	1 Quarter
Revenues including excise taxes	`RevenueFromContractWithCustomerIncludingAssessedTax`	$35.88B	USD	2 Qtrs
Excise taxes on products	`ExciseAndSalesTaxes`	$12.40B	USD	1 Quarter
Excise taxes on products	`ExciseAndSalesTaxes`	$13.37B	USD	1 Quarter
Excise taxes on products	`ExciseAndSalesTaxes`	$22.89B	USD	2 Qtrs
Excise taxes on products	`ExciseAndSalesTaxes`	$24.90B	USD	2 Qtrs
Net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$6.92B	USD	1 Quarter
Net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$7.73B	USD	1 Quarter
Net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$12.98B	USD	2 Qtrs
Net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$14.62B	USD	2 Qtrs
Cost of sales	`CostOfGoodsSold`	$4.70B	USD	2 Qtrs
Cost of sales	`CostOfGoodsSold`	$2.52B	USD	1 Quarter
Cost of sales	`CostOfGoodsSold`	$2.74B	USD	1 Quarter
Cost of sales	`CostOfGoodsSold`	$5.36B	USD	2 Qtrs
Gross profit	`GrossProfit`	$4.98B	USD	1 Quarter
Gross profit	`GrossProfit`	$4.40B	USD	1 Quarter
Gross profit	`GrossProfit`	$9.26B	USD	2 Qtrs
Gross profit	`GrossProfit`	$8.29B	USD	2 Qtrs
Marketing, administration and research costs	`MarketingAdministrationAndResearchCosts`	$1.64B	USD	1 Quarter
Marketing, administration and research costs	`MarketingAdministrationAndResearchCosts`	$3.09B	USD	2 Qtrs
Marketing, administration and research costs	`MarketingAdministrationAndResearchCosts`	$1.87B	USD	1 Quarter
Marketing, administration and research costs	`MarketingAdministrationAndResearchCosts`	$3.70B	USD	2 Qtrs
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$21.00M	USD	1 Quarter
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$43.00M	USD	2 Qtrs
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$22.00M	USD	1 Quarter
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$44.00M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$3.09B	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$5.15B	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$5.52B	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$2.74B	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-168.00M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-213.00M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-432.00M	USD	2 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-395.00M	USD	2 Qtrs
Pension and other employee benefit costs	`NetPeriodicDefinedBenefitsExpenseReversalofExpenseExcludingServiceCostComponent`	$6.00M	USD	1 Quarter
Pension and other employee benefit costs	`NetPeriodicDefinedBenefitsExpenseReversalofExpenseExcludingServiceCostComponent`	$12.00M	USD	2 Qtrs
Pension and other employee benefit costs	`NetPeriodicDefinedBenefitsExpenseReversalofExpenseExcludingServiceCostComponent`	$36.00M	USD	2 Qtrs
Pension and other employee benefit costs	`NetPeriodicDefinedBenefitsExpenseReversalofExpenseExcludingServiceCostComponent`	$16.00M	USD	1 Quarter
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$5.11B	USD	2 Qtrs
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$2.51B	USD	1 Quarter
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$2.92B	USD	1 Quarter
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$4.68B	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$644.00M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$1.20B	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$1.23B	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$689.00M	USD	1 Quarter
Equity investments and securities (income)/loss, net	`IncomeLossFromEquityMethodInvestmentsAndEquitySecuritiesFVNI`	$20.00M	USD	1 Quarter
Equity investments and securities (income)/loss, net	`IncomeLossFromEquityMethodInvestmentsAndEquitySecuritiesFVNI`	$23.00M	USD	1 Quarter
Equity investments and securities (income)/loss, net	`IncomeLossFromEquityMethodInvestmentsAndEquitySecuritiesFVNI`	$33.00M	USD	2 Qtrs
Equity investments and securities (income)/loss, net	`IncomeLossFromEquityMethodInvestmentsAndEquitySecuritiesFVNI`	$45.00M	USD	2 Qtrs
Net earnings	`ProfitLoss`	$2.29B	USD	1 Quarter
Net earnings	`ProfitLoss`	$3.94B	USD	2 Qtrs
Net earnings	`ProfitLoss`	$3.50B	USD	2 Qtrs
Net earnings	`ProfitLoss`	$1.84B	USD	1 Quarter
Net earnings attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$188.00M	USD	2 Qtrs
Net earnings attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$97.00M	USD	1 Quarter
Net earnings attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$61.00M	USD	1 Quarter
Net earnings attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$129.00M	USD	2 Qtrs
Net earnings attributable to PMI	`NetIncomeLoss`	$3.37B	USD	2 Qtrs
Net earnings attributable to PMI	`NetIncomeLoss`	$2.20B	USD	1 Quarter
Net earnings attributable to PMI	`NetIncomeLoss`	$1.78B	USD	1 Quarter
Net earnings attributable to PMI	`NetIncomeLoss`	$3.75B	USD	2 Qtrs
Basic earnings per share (in dollars per share)	`EarningsPerShareBasic`	$2.17	USD	2 Qtrs
Basic earnings per share (in dollars per share)	`EarningsPerShareBasic`	$2.41	USD	2 Qtrs
Basic earnings per share (in dollars per share)	`EarningsPerShareBasic`	$1.14	USD	1 Quarter
Basic earnings per share (in dollars per share)	`EarningsPerShareBasic`	$1.41	USD	1 Quarter
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$1.41	USD	1 Quarter
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$2.41	USD	2 Qtrs
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$1.14	USD	1 Quarter
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$2.17	USD	2 Qtrs
Dividends declared (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$2.08	USD	2 Qtrs
Dividends declared (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$1.04	USD	1 Quarter
Dividends declared (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$1.14	USD	1 Quarter
Dividends declared (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$2.21	USD	2 Qtrs

Cash Flow Statement 64 line items

Line Item	Tag	Value	Unit	Period
Restricted cash	`RestrictedCash`	$92.00M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$29.00M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$90.00M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$35.00M	USD	Point-in-time
Net earnings	`ProfitLoss`	$2.29B	USD	1 Quarter
Net earnings	`ProfitLoss`	$3.94B	USD	2 Qtrs
Net earnings	`ProfitLoss`	$3.50B	USD	2 Qtrs
Net earnings	`ProfitLoss`	$1.84B	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$488.00M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$407.00M	USD	2 Qtrs
Deferred income tax (benefit) provision	`DeferredIncomeTaxExpenseBenefit`	$-45.00M	USD	2 Qtrs
Deferred income tax (benefit) provision	`DeferredIncomeTaxExpenseBenefit`	$70.00M	USD	2 Qtrs
Receivables, net	`IncreaseDecreaseInReceivables`	$65.00M	USD	2 Qtrs
Receivables, net	`IncreaseDecreaseInReceivables`	$14.00M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-1.66B	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$526.00M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-128.00M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$136.00M	USD	2 Qtrs
Accrued liabilities and other current assets	`IncreaseDecreaseInAccruedLiabilitiesAndOtherCurrentAssets`	$-2.02B	USD	2 Qtrs
Accrued liabilities and other current assets	`IncreaseDecreaseInAccruedLiabilitiesAndOtherCurrentAssets`	$1.12B	USD	2 Qtrs
Income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-460.00M	USD	2 Qtrs
Income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-360.00M	USD	2 Qtrs
Pension plan contributions	`PensionContributions`	$41.00M	USD	2 Qtrs
Pension plan contributions	`PensionContributions`	$29.00M	USD	2 Qtrs
Other	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-85.00M	USD	2 Qtrs
Other	`IncreaseDecreaseInOtherOperatingCapitalNet`	$83.00M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$5.37B	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$4.07B	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$774.00M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$560.00M	USD	2 Qtrs
Investments in unconsolidated subsidiaries and equity securities	`PaymentsToAcquireInterestInSubsidiariesAndAffiliates`	$30.00M	USD	2 Qtrs
Investments in unconsolidated subsidiaries and equity securities	`PaymentsToAcquireInterestInSubsidiariesAndAffiliates`	$19.00M	USD	2 Qtrs
Net investment hedges	`PaymentsForProceedsFromHedgeInvestingActivities`	$677.00M	USD	2 Qtrs
Net investment hedges	`PaymentsForProceedsFromHedgeInvestingActivities`	$-77.00M	USD	2 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$-12.00M	USD	2 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$-44.00M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.24B	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-683.00M	USD	2 Qtrs
Net issuances - maturities of 90 days or less	`ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess`	$266.00M	USD	2 Qtrs
Net issuances - maturities of 90 days or less	`ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess`	$119.00M	USD	2 Qtrs
Long-term debt proceeds	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	2 Qtrs
Long-term debt proceeds	`ProceedsFromIssuanceOfLongTermDebt`	$2.48B	USD	2 Qtrs
Long-term debt repaid	`RepaymentsOfLongTermDebt`	$2.48B	USD	2 Qtrs
Long-term debt repaid	`RepaymentsOfLongTermDebt`	$815.00M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividends`	$3.24B	USD	2 Qtrs
Dividends paid	`PaymentsOfDividends`	$3.33B	USD	2 Qtrs
Sale (purchase) of subsidiary shares to/(from) noncontrolling interests	`ProceedsFromPaymentsToMinorityShareholders`	$-85.00M	USD	2 Qtrs
Sale (purchase) of subsidiary shares to/(from) noncontrolling interests	`ProceedsFromPaymentsToMinorityShareholders`	$3.00M	USD	2 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-234.00M	USD	2 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-291.00M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.59B	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-6.01B	USD	2 Qtrs
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-529.00M	USD	2 Qtrs
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$720.00M	USD	2 Qtrs
Increase (Decrease)	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$1.96B	USD	2 Qtrs
Increase (Decrease)	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-1.85B	USD	2 Qtrs
Balance at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$6.62B	USD	Point-in-time
Balance at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$6.29B	USD	Point-in-time
Balance at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.33B	USD	Point-in-time
Balance at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$8.48B	USD	Point-in-time
Balance at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$6.62B	USD	Point-in-time
Balance at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$6.29B	USD	Point-in-time
Balance at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.33B	USD	Point-in-time
Balance at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$8.48B	USD	Point-in-time

Stockholders Equity 29 line items

Line Item	Tag	Value	Unit	Period
Dividends declared (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$2.08	USD	2 Qtrs
Dividends declared (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$1.04	USD	1 Quarter
Dividends declared (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$1.14	USD	1 Quarter
Dividends declared (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$2.21	USD	2 Qtrs
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-10.23B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-10.17B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-10.90B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-10.28B	USD	Point-in-time
Net earnings	`ProfitLoss`	$2.29B	USD	1 Quarter
Net earnings	`ProfitLoss`	$3.94B	USD	2 Qtrs
Net earnings	`ProfitLoss`	$3.50B	USD	2 Qtrs
Net earnings	`ProfitLoss`	$1.84B	USD	1 Quarter
Other comprehensive earnings (losses), net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-450.00M	USD	2 Qtrs
Other comprehensive earnings (losses), net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$197.00M	USD	1 Quarter
Other comprehensive earnings (losses), net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-67.00M	USD	1 Quarter
Other comprehensive earnings (losses), net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$486.00M	USD	2 Qtrs
Issuance of stock awards	`StockIssuedDuringPeriodValueShareBasedCompensation`	$80.00M	USD	2 Qtrs
Issuance of stock awards	`StockIssuedDuringPeriodValueShareBasedCompensation`	$66.00M	USD	2 Qtrs
Dividends declared ($2.08 and $2.21 per share for the six months ended June 30, 2017 and 2018, respectively)	`DividendsCommonStock`	$3.24B	USD	2 Qtrs
Dividends declared ($2.08 and $2.21 per share for the six months ended June 30, 2017 and 2018, respectively)	`DividendsCommonStock`	$3.44B	USD	2 Qtrs
Payments to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$192.00M	USD	2 Qtrs
Payments to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$214.00M	USD	2 Qtrs
Cumulative effect of initial adoption of new accounting standards	`CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption`	$238.00M	USD	Point-in-time
Other	`StockholdersEquityOther`	$-3.00M	USD	2 Qtrs
Other	`StockholdersEquityOther`	$89.00M	USD	2 Qtrs
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-10.23B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-10.17B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-10.90B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-10.28B	USD	Point-in-time

Comprehensive Income 52 line items

Line Item	Tag	Value	Unit	Period
Income taxes on currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$219.00M	USD	1 Quarter
Net earnings	`ProfitLoss`	$2.29B	USD	1 Quarter
Income taxes on currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$27.00M	USD	2 Qtrs
Net earnings	`ProfitLoss`	$3.94B	USD	2 Qtrs
Income taxes on currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$-390.00M	USD	1 Quarter
Net earnings	`ProfitLoss`	$3.50B	USD	2 Qtrs
Net earnings	`ProfitLoss`	$1.84B	USD	1 Quarter
Income taxes on currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$-546.00M	USD	2 Qtrs
Income taxes on amortization of net losses, prior service costs and net transition costs	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax`	$10.00M	USD	1 Quarter
Income taxes on amortization of net losses, prior service costs and net transition costs	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax`	$21.00M	USD	2 Qtrs
Income taxes on amortization of net losses, prior service costs and net transition costs	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax`	$19.00M	USD	2 Qtrs
Income taxes on amortization of net losses, prior service costs and net transition costs	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax`	$10.00M	USD	1 Quarter
Income taxes on (loss)/gain recognized from fair value of derivatives accounted for as hedges	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax`	$3.00M	USD	1 Quarter
Income taxes on (loss)/gain recognized from fair value of derivatives accounted for as hedges	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax`	$9.00M	USD	1 Quarter
Income taxes on (loss)/gain recognized from fair value of derivatives accounted for as hedges	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax`	$-8.00M	USD	2 Qtrs
Income taxes on (loss)/gain recognized from fair value of derivatives accounted for as hedges	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax`	$-1.00M	USD	2 Qtrs
Income taxes on loss/(gain) transferred to earnings from fair value of derivatives accounted for as hedges	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax`	$1.00M	USD	1 Quarter
Income taxes on loss/(gain) transferred to earnings from fair value of derivatives accounted for as hedges	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax`	$-1.00M	USD	1 Quarter
Income taxes on loss/(gain) transferred to earnings from fair value of derivatives accounted for as hedges	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax`	-	USD	2 Qtrs
Unrealized gains (losses), net of income taxes of ($27) and $546 in the six months ended June 30, 2018 and 2017 and ($219) and $390 in three months ended June 30, 2018 and 2017	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$430.00M	USD	2 Qtrs
Income taxes on loss/(gain) transferred to earnings from fair value of derivatives accounted for as hedges	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax`	$1.00M	USD	2 Qtrs
Unrealized gains (losses), net of income taxes of ($27) and $546 in the six months ended June 30, 2018 and 2017 and ($219) and $390 in three months ended June 30, 2018 and 2017	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-174.00M	USD	1 Quarter
Unrealized gains (losses), net of income taxes of ($27) and $546 in the six months ended June 30, 2018 and 2017 and ($219) and $390 in three months ended June 30, 2018 and 2017	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-545.00M	USD	2 Qtrs
Unrealized gains (losses), net of income taxes of ($27) and $546 in the six months ended June 30, 2018 and 2017 and ($219) and $390 in three months ended June 30, 2018 and 2017	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$127.00M	USD	1 Quarter
Amortization of net losses, prior service costs and net transition costs, net of income taxes of ($21) and ($19) in the six months ended June 30, 2018 and 2017 and ($10) and ($10) in three months ended June 30, 2018 and 2017	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax`	$111.00M	USD	2 Qtrs
Amortization of net losses, prior service costs and net transition costs, net of income taxes of ($21) and ($19) in the six months ended June 30, 2018 and 2017 and ($10) and ($10) in three months ended June 30, 2018 and 2017	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax`	$50.00M	USD	1 Quarter
Amortization of net losses, prior service costs and net transition costs, net of income taxes of ($21) and ($19) in the six months ended June 30, 2018 and 2017 and ($10) and ($10) in three months ended June 30, 2018 and 2017	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax`	$100.00M	USD	2 Qtrs
Amortization of net losses, prior service costs and net transition costs, net of income taxes of ($21) and ($19) in the six months ended June 30, 2018 and 2017 and ($10) and ($10) in three months ended June 30, 2018 and 2017	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax`	$55.00M	USD	1 Quarter
Gains (losses) recognized, net of income taxes of $1 and $8 in the six months ended June 30, 2018 and 2017 and ($9) and ($3) in three months ended June 30, 2018 and 2017	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$22.00M	USD	1 Quarter
Gains (losses) recognized, net of income taxes of $1 and $8 in the six months ended June 30, 2018 and 2017 and ($9) and ($3) in three months ended June 30, 2018 and 2017	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-53.00M	USD	2 Qtrs
Gains (losses) recognized, net of income taxes of $1 and $8 in the six months ended June 30, 2018 and 2017 and ($9) and ($3) in three months ended June 30, 2018 and 2017	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-11.00M	USD	2 Qtrs
Gains (losses) recognized, net of income taxes of $1 and $8 in the six months ended June 30, 2018 and 2017 and ($9) and ($3) in three months ended June 30, 2018 and 2017	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$53.00M	USD	1 Quarter
(Gains) losses transferred to earnings, net of income taxes of $- and $1 in the six months ended June 30, 2018 and 2017 and $1 and ($1) in three months ended June 30, 2018 and 2017	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	$-4.00M	USD	1 Quarter
(Gains) losses transferred to earnings, net of income taxes of $- and $1 in the six months ended June 30, 2018 and 2017 and $1 and ($1) in three months ended June 30, 2018 and 2017	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	$7.00M	USD	1 Quarter
(Gains) losses transferred to earnings, net of income taxes of $- and $1 in the six months ended June 30, 2018 and 2017 and $1 and ($1) in three months ended June 30, 2018 and 2017	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	$-6.00M	USD	2 Qtrs
(Gains) losses transferred to earnings, net of income taxes of $- and $1 in the six months ended June 30, 2018 and 2017 and $1 and ($1) in three months ended June 30, 2018 and 2017	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	$2.00M	USD	2 Qtrs
Total other comprehensive earnings (losses)	`OtherComprehensiveIncomeLossNetOfTax`	$-450.00M	USD	2 Qtrs
Total other comprehensive earnings (losses)	`OtherComprehensiveIncomeLossNetOfTax`	$197.00M	USD	1 Quarter
Total other comprehensive earnings (losses)	`OtherComprehensiveIncomeLossNetOfTax`	$-67.00M	USD	1 Quarter
Total other comprehensive earnings (losses)	`OtherComprehensiveIncomeLossNetOfTax`	$486.00M	USD	2 Qtrs
Total comprehensive earnings	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$2.04B	USD	1 Quarter
Total comprehensive earnings	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$3.99B	USD	2 Qtrs
Total comprehensive earnings	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$3.49B	USD	2 Qtrs
Total comprehensive earnings	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$2.23B	USD	1 Quarter
Noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$126.00M	USD	2 Qtrs
Noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$111.00M	USD	2 Qtrs
Noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$55.00M	USD	1 Quarter
Noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$63.00M	USD	1 Quarter
Comprehensive earnings attributable to PMI	`ComprehensiveIncomeNetOfTax`	$2.17B	USD	1 Quarter
Comprehensive earnings attributable to PMI	`ComprehensiveIncomeNetOfTax`	$3.38B	USD	2 Qtrs
Comprehensive earnings attributable to PMI	`ComprehensiveIncomeNetOfTax`	$1.98B	USD	1 Quarter
Comprehensive earnings attributable to PMI	`ComprehensiveIncomeNetOfTax`	$3.86B	USD	2 Qtrs

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