10-Q Filing

PHILIP MORRIS INTERNATIONAL INC. CIK: 1413329 Q1 2019

Filing Information

Form Type	10-Q
Accession Number	`0001413329-19-000034`
Period End Date	20190331
Filing Date	20190425
Fiscal Year	2019
Fiscal Period	Q1
XBRL Instance	pm-20190331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 98 Income Statement 36 Cash Flow Statement 65 Stockholders Equity 24 Comprehensive Income 28

Balance Sheet 98 line items

Line Item	Tag	Value	Unit	Period
Receivables, allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$25.00M	USD	Point-in-time
Receivables, allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$25.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.08B	USD	Point-in-time
Common stock, no par value (in dollars per share)	`CommonStockNoParValue`	-	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
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	2.11B	shares	Point-in-time
Trade receivables (less allowances of $25 in 2019 and $25 in 2018)	`AccountsReceivableNetCurrent`	$2.95B	USD	Point-in-time
Trade receivables (less allowances of $25 in 2019 and $25 in 2018)	`AccountsReceivableNetCurrent`	$2.96B	USD	Point-in-time
Other receivables	`OtherReceivablesNetCurrent`	$577.00M	USD	Point-in-time
Other receivables	`OtherReceivablesNetCurrent`	$614.00M	USD	Point-in-time
Repurchased stock, shares (in shares)	`TreasuryStockShares`	554.74M	shares	Point-in-time
Repurchased stock, shares (in shares)	`TreasuryStockShares`	553.52M	shares	Point-in-time
Leaf tobacco	`InventoryLeafTobacco`	$2.32B	USD	Point-in-time
Leaf tobacco	`InventoryLeafTobacco`	$2.29B	USD	Point-in-time
Other raw materials	`InventoryRawMaterials`	$1.55B	USD	Point-in-time
Other raw materials	`InventoryRawMaterials`	$1.41B	USD	Point-in-time
Finished product	`InventoryFinishedGoods`	$5.08B	USD	Point-in-time
Finished product	`InventoryFinishedGoods`	$4.48B	USD	Point-in-time
Total inventory, net	`InventoryNet`	$8.80B	USD	Point-in-time
Total inventory, net	`InventoryNet`	$8.32B	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$481.00M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$807.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$15.74B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$19.44B	USD	Point-in-time
Property, plant and equipment, at cost	`PropertyPlantAndEquipmentGross`	$14.56B	USD	Point-in-time
Property, plant and equipment, at cost	`PropertyPlantAndEquipmentGross`	$14.30B	USD	Point-in-time
Less: accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$7.36B	USD	Point-in-time
Less: accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$7.41B	USD	Point-in-time
Total property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$6.89B	USD	Point-in-time
Total property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$7.20B	USD	Point-in-time
Goodwill (Note 4)	`Goodwill`	$7.19B	USD	Point-in-time
Goodwill (Note 4)	`Goodwill`	$5.78B	USD	Point-in-time
Other intangible assets, net (Note 4)	`IntangibleAssetsNetExcludingGoodwill`	$2.28B	USD	Point-in-time
Other intangible assets, net (Note 4)	`IntangibleAssetsNetExcludingGoodwill`	$2.13B	USD	Point-in-time
Investments in unconsolidated subsidiaries and equity securities (Notes 11&14)	`EquityMethodInvestmentsAndEquitySecuritiesFVNI`	$1.27B	USD	Point-in-time
Investments in unconsolidated subsidiaries and equity securities (Notes 11&14)	`EquityMethodInvestmentsAndEquitySecuritiesFVNI`	$4.58B	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$951.00M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$977.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$1.45B	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$1.97B	USD	Point-in-time
TOTAL ASSETS	`Assets`	$39.80B	USD	Point-in-time
TOTAL ASSETS	`Assets`	$38.04B	USD	Point-in-time
Short-term borrowings (Note 10)	`ShortTermBorrowings`	$730.00M	USD	Point-in-time
Short-term borrowings (Note 10)	`ShortTermBorrowings`	$1.55B	USD	Point-in-time
Current portion of long-term debt (Note 10)	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$4.05B	USD	Point-in-time
Current portion of long-term debt (Note 10)	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$5.58B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.81B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$2.07B	USD	Point-in-time
Marketing and selling	`AccruedMarketingCostsCurrent`	$732.00M	USD	Point-in-time
Marketing and selling	`AccruedMarketingCostsCurrent`	$580.00M	USD	Point-in-time
Taxes, except income taxes	`SalesAndExciseTaxPayableCurrent`	$4.35B	USD	Point-in-time
Taxes, except income taxes	`SalesAndExciseTaxPayableCurrent`	$5.09B	USD	Point-in-time
Employment costs	`EmployeeRelatedLiabilitiesCurrent`	$713.00M	USD	Point-in-time
Employment costs	`EmployeeRelatedLiabilitiesCurrent`	$794.00M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$1.78B	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$1.78B	USD	Point-in-time
Other	`OtherAccruedLiabilitiesCurrent`	$1.37B	USD	Point-in-time
Other	`OtherAccruedLiabilitiesCurrent`	$1.74B	USD	Point-in-time
Income taxes	`AccruedIncomeTaxesCurrent`	$576.00M	USD	Point-in-time
Income taxes	`AccruedIncomeTaxesCurrent`	$370.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$18.49B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$17.19B	USD	Point-in-time
Long-term debt (Note 10)	`LongTermDebtAndCapitalLeaseObligations`	$23.13B	USD	Point-in-time
Long-term debt (Note 10)	`LongTermDebtAndCapitalLeaseObligations`	$26.98B	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$898.00M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$921.00M	USD	Point-in-time
Employment costs	`PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesNoncurrent`	$3.08B	USD	Point-in-time
Employment costs	`PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesNoncurrent`	$2.96B	USD	Point-in-time
Income taxes and other liabilities	`IncomeTaxesAndOtherLiabilitiesNoncurrent`	$2.39B	USD	Point-in-time
Income taxes and other liabilities	`IncomeTaxesAndOtherLiabilitiesNoncurrent`	$2.73B	USD	Point-in-time
Total liabilities	`Liabilities`	$50.54B	USD	Point-in-time
Total liabilities	`Liabilities`	$48.23B	USD	Point-in-time
Contingencies (Note 8)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Contingencies (Note 8)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, no par value (2,109,316,331 shares issued in 2019 and 2018)	`CommonStockValue`	-	USD	Point-in-time
Common stock, no par value (2,109,316,331 shares issued in 2019 and 2018)	`CommonStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.94B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.91B	USD	Point-in-time
Earnings reinvested in the business	`RetainedEarningsAccumulatedDeficit`	$31.01B	USD	Point-in-time
Earnings reinvested in the business	`RetainedEarningsAccumulatedDeficit`	$30.59B	USD	Point-in-time
Accumulated other comprehensive losses	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-10.11B	USD	Point-in-time
Accumulated other comprehensive losses	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-9.24B	USD	Point-in-time
Total stockholders' equity before treasury stock	`StockholdersEquityBeforeTreasuryStock`	$23.26B	USD	Point-in-time
Total stockholders' equity before treasury stock	`StockholdersEquityBeforeTreasuryStock`	$22.84B	USD	Point-in-time
Less: cost of repurchased stock (553,520,033 and 554,736,610 shares in 2019 and 2018, respectively)	`TreasuryStockValue`	$35.23B	USD	Point-in-time
Less: cost of repurchased stock (553,520,033 and 554,736,610 shares in 2019 and 2018, respectively)	`TreasuryStockValue`	$35.30B	USD	Point-in-time
Total PMI stockholders deficit	`StockholdersEquity`	$-12.46B	USD	Point-in-time
Total PMI stockholders deficit	`StockholdersEquity`	$-11.97B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$1.78B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$1.72B	USD	Point-in-time
Total stockholders deficit	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-10.19B	USD	Point-in-time
Total stockholders deficit	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-10.23B	USD	Point-in-time
Total stockholders deficit	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-10.74B	USD	Point-in-time
Total stockholders deficit	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-10.48B	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS (DEFICIT) EQUITY	`LiabilitiesAndStockholdersEquity`	$38.04B	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS (DEFICIT) EQUITY	`LiabilitiesAndStockholdersEquity`	$39.80B	USD	Point-in-time

Income Statement 36 line items

Line Item	Tag	Value	Unit	Period
Revenues including excise taxes	`RevenueFromContractWithCustomerIncludingAssessedTax`	$18.43B	USD	1 Quarter
Revenues including excise taxes	`RevenueFromContractWithCustomerIncludingAssessedTax`	$17.70B	USD	1 Quarter
Excise taxes on products	`ExciseAndSalesTaxes`	$11.53B	USD	1 Quarter
Excise taxes on products	`ExciseAndSalesTaxes`	$10.95B	USD	1 Quarter
Net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$6.90B	USD	1 Quarter
Net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$6.75B	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$2.46B	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$2.62B	USD	1 Quarter
Gross profit	`GrossProfit`	$4.28B	USD	1 Quarter
Gross profit	`GrossProfit`	$4.29B	USD	1 Quarter
Marketing, administration and research costs (Notes 19 & 20)	`MarketingAdministrationAndResearchCosts`	$2.22B	USD	1 Quarter
Marketing, administration and research costs (Notes 19 & 20)	`MarketingAdministrationAndResearchCosts`	$1.83B	USD	1 Quarter
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$22.00M	USD	1 Quarter
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$19.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$2.43B	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$2.05B	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-227.00M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-152.00M	USD	1 Quarter
Pension and other employee benefit costs (Note 3)	`NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent`	$21.00M	USD	1 Quarter
Pension and other employee benefit costs (Note 3)	`NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent`	$6.00M	USD	1 Quarter
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$1.88B	USD	1 Quarter
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$2.19B	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$424.00M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$559.00M	USD	1 Quarter
Equity investments and securities (income)/loss, net	`IncomeLossFromEquityMethodInvestmentsAndEquitySecuritiesFVNI`	$13.00M	USD	1 Quarter
Equity investments and securities (income)/loss, net	`IncomeLossFromEquityMethodInvestmentsAndEquitySecuritiesFVNI`	$11.00M	USD	1 Quarter
Net earnings	`ProfitLoss`	$1.46B	USD	1 Quarter
Net earnings	`ProfitLoss`	$1.65B	USD	1 Quarter
Net earnings attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$91.00M	USD	1 Quarter
Net earnings attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$110.00M	USD	1 Quarter
Net earnings attributable to PMI	`NetIncomeLoss`	$1.35B	USD	1 Quarter
Net earnings attributable to PMI	`NetIncomeLoss`	$1.56B	USD	1 Quarter
Basic earnings per share (in dollars per share)	`EarningsPerShareBasic`	$1.00	USD	1 Quarter
Basic earnings per share (in dollars per share)	`EarningsPerShareBasic`	$0.87	USD	1 Quarter
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$1.00	USD	1 Quarter
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$0.87	USD	1 Quarter

Cash Flow Statement 65 line items

Line Item	Tag	Value	Unit	Period
Net earnings	`ProfitLoss`	$1.46B	USD	1 Quarter
Net earnings	`ProfitLoss`	$1.65B	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$242.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$240.00M	USD	1 Quarter
Deferred income tax (benefit) provision	`DeferredIncomeTaxExpenseBenefit`	$26.00M	USD	1 Quarter
Deferred income tax (benefit) provision	`DeferredIncomeTaxExpenseBenefit`	$-94.00M	USD	1 Quarter
Receivables, net	`IncreaseDecreaseInReceivables`	$-4.00M	USD	1 Quarter
Receivables, net	`IncreaseDecreaseInReceivables`	$113.00M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$-237.00M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$-338.00M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-7.00M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-62.00M	USD	1 Quarter
Accrued liabilities and other current assets	`IncreaseDecreaseInAccruedLiabilitiesAndOtherCurrentAssets`	$855.00M	USD	1 Quarter
Accrued liabilities and other current assets	`IncreaseDecreaseInAccruedLiabilitiesAndOtherCurrentAssets`	$509.00M	USD	1 Quarter
Income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-251.00M	USD	1 Quarter
Income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-315.00M	USD	1 Quarter
Pension plan contributions	`PensionContributions`	$25.00M	USD	1 Quarter
Pension plan contributions	`PensionContributions`	$17.00M	USD	1 Quarter
Other	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-520.00M	USD	1 Quarter
Other	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-151.00M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.38B	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.24B	USD	1 Quarter
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$365.00M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$324.00M	USD	1 Quarter
Investments in unconsolidated subsidiaries and equity securities	`PaymentsToAcquireInterestInSubsidiariesAndAffiliates`	$24.00M	USD	1 Quarter
Investments in unconsolidated subsidiaries and equity securities	`PaymentsToAcquireInterestInSubsidiariesAndAffiliates`	$18.00M	USD	1 Quarter
Deconsolidation of RBH (Note 20)	`CashDivestedFromDeconsolidation`	-	USD	1 Quarter
Deconsolidation of RBH (Note 20)	`CashDivestedFromDeconsolidation`	$1.35B	USD	1 Quarter
Net investment hedges	`ProceedsFromHedgeInvestingActivities`	$91.00M	USD	1 Quarter
Net investment hedges	`PaymentsForHedgeInvestingActivities`	$665.00M	USD	1 Quarter
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$-7.00M	USD	1 Quarter
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$-30.00M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.60B	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.02B	USD	1 Quarter
Net issuances - maturities of 90 days or less	`ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess`	$-167.00M	USD	1 Quarter
Net issuances - maturities of 90 days or less	`ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess`	$103.00M	USD	1 Quarter
Issuances - maturities longer than 90 days	`ProceedsFromShortTermDebtMaturingInMoreThanThreeMonths`	-	USD	1 Quarter
Issuances - maturities longer than 90 days	`ProceedsFromShortTermDebtMaturingInMoreThanThreeMonths`	$989.00M	USD	1 Quarter
Long-term debt repaid	`RepaymentsOfLongTermDebt`	$2.14B	USD	1 Quarter
Long-term debt repaid	`RepaymentsOfLongTermDebt`	-	USD	1 Quarter
Dividends paid	`PaymentsOfDividends`	$1.66B	USD	1 Quarter
Dividends paid	`PaymentsOfDividends`	$1.78B	USD	1 Quarter
Sale (purchase) of subsidiary shares to/(from) noncontrolling interests (Note 17)	`PaymentsToMinorityShareholders`	$91.00M	USD	1 Quarter
Sale (purchase) of subsidiary shares to/(from) noncontrolling interests (Note 17)	`PaymentsToMinorityShareholders`	-	USD	1 Quarter
Pre-tax asset impairment and exit costs	`RestructuringSettlementAndImpairmentProvisions`	$20.00M	USD	1 Quarter
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-91.00M	USD	1 Quarter
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-56.00M	USD	1 Quarter
Restricted cash	`RestrictedCash`	$29.00M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$27.00M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$31.00M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$5.00M	USD	Point-in-time
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-3.15B	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.74B	USD	1 Quarter
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-28.00M	USD	1 Quarter
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$131.00M	USD	1 Quarter
Increase (Decrease)	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-1.25B	USD	1 Quarter
Increase (Decrease)	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-3.53B	USD	1 Quarter
Balance at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$7.23B	USD	Point-in-time
Balance at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.09B	USD	Point-in-time
Balance at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$6.62B	USD	Point-in-time
Balance at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$8.48B	USD	Point-in-time
Balance at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$7.23B	USD	Point-in-time
Balance at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.09B	USD	Point-in-time
Balance at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$6.62B	USD	Point-in-time
Balance at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$8.48B	USD	Point-in-time

Stockholders Equity 24 line items

Line Item	Tag	Value	Unit	Period
Dividends declared (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$1.14	USD	1 Quarter
Dividends declared (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$1.07	USD	1 Quarter
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-10.19B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-10.23B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-10.74B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-10.48B	USD	Point-in-time
Net earnings	`ProfitLoss`	$1.46B	USD	1 Quarter
Net earnings	`ProfitLoss`	$1.65B	USD	1 Quarter
Other comprehensive earnings (losses), net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$873.00M	USD	1 Quarter
Other comprehensive earnings (losses), net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-383.00M	USD	1 Quarter
Other comprehensive earnings (losses), excluding deconsolidation entity, net of taxes	`OtherComprehensiveIncomeLossNetofTaxExcludingDeconsolidationofEntity`	$344.00M	USD	1 Quarter
Issuance of stock awards	`StockIssuedDuringPeriodValueShareBasedCompensation`	$45.00M	USD	1 Quarter
Issuance of stock awards	`StockIssuedDuringPeriodValueShareBasedCompensation`	$43.00M	USD	1 Quarter
Dividends declared	`DividendsCommonStock`	$1.67B	USD	1 Quarter
Dividends declared	`DividendsCommonStock`	$1.78B	USD	1 Quarter
Payments to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$36.00M	USD	1 Quarter
Payments to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$46.00M	USD	1 Quarter
Adoption of new accounting standards	`NewAccountingPronouncementOrChangeInAccountingPrincipleEffectOfAdoptionQuantification`	$238.00M	USD	1 Quarter
Deconsolidation of RBH (Note 20)	`DeconsolidationofEntity`	$529.00M	USD	1 Quarter
Other (Note 17)	`StockholdersEquityOther`	$95.00M	USD	1 Quarter
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-10.19B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-10.23B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-10.74B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-10.48B	USD	Point-in-time

Comprehensive Income 28 line items

Line Item	Tag	Value	Unit	Period
Net earnings	`ProfitLoss`	$1.46B	USD	1 Quarter
Income taxes on currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$128.00M	USD	1 Quarter
Income taxes on currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$-192.00M	USD	1 Quarter
Net earnings	`ProfitLoss`	$1.65B	USD	1 Quarter
Income taxes on losses transferred to earnings - deconsolidation of RBH	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationTax`	-	USD	1 Quarter
Income taxes on losses transferred to earnings - deconsolidation of RBH	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationTax`	-	USD	1 Quarter
Income taxes on amortization of net losses, prior service costs and net transition costs And Losses transfered to earnings - deconsolidation of RBH	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax`	$4.00M	USD	1 Quarter
Income taxes on amortization of net losses, prior service costs and net transition costs And Losses transfered to earnings - deconsolidation of RBH	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax`	$11.00M	USD	1 Quarter
Unrealized gains (losses), net of income taxes of ($128) in 2019 and $192 in 2018	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$286.00M	USD	1 Quarter
Unrealized gains (losses), net of income taxes of ($128) in 2019 and $192 in 2018	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-371.00M	USD	1 Quarter
Income taxes on (loss)/gain recognized from fair value of derivatives accounted for as hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax`	$-10.00M	USD	1 Quarter
Income taxes on (loss)/gain recognized from fair value of derivatives accounted for as hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax`	$-1.00M	USD	1 Quarter
Income taxes on loss/(gain) transferred to earnings from fair value of derivatives accounted for as hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax`	$1.00M	USD	1 Quarter
Income taxes on loss/(gain) transferred to earnings from fair value of derivatives accounted for as hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax`	$-1.00M	USD	1 Quarter
Amortization of net losses, prior service costs and net transition costs, net of income taxes of ($4) in 2019 and ($11) in 2018 and (Gains)/losses transferred to earnings - deconsolidation of RBH, net of income taxes of ($15) in 2019 and $- in 2018 (Note 20)	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax`	$50.00M	USD	1 Quarter
Amortization of net losses, prior service costs and net transition costs, net of income taxes of ($4) in 2019 and ($11) in 2018 and (Gains)/losses transferred to earnings - deconsolidation of RBH, net of income taxes of ($15) in 2019 and $- in 2018 (Note 20)	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax`	$63.00M	USD	1 Quarter
Gains (losses) recognized, net of income taxes of $1 in 2019 and $10 in 2018	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$-64.00M	USD	1 Quarter
Gains (losses) recognized, net of income taxes of $1 in 2019 and $10 in 2018	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$-1.00M	USD	1 Quarter
(Gains) losses transferred to earnings, net of income taxes of $1 in 2019 and ($1) in 2018	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$-2.00M	USD	1 Quarter
(Gains) losses transferred to earnings, net of income taxes of $1 in 2019 and ($1) in 2018	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$4.00M	USD	1 Quarter
Total other comprehensive earnings (losses)	`OtherComprehensiveIncomeLossNetOfTax`	$873.00M	USD	1 Quarter
Total other comprehensive earnings (losses)	`OtherComprehensiveIncomeLossNetOfTax`	$-383.00M	USD	1 Quarter
Total comprehensive earnings	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$2.34B	USD	1 Quarter
Total comprehensive earnings	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.26B	USD	1 Quarter
Noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$56.00M	USD	1 Quarter
Noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$109.00M	USD	1 Quarter
Comprehensive earnings attributable to PMI	`ComprehensiveIncomeNetOfTax`	$1.21B	USD	1 Quarter
Comprehensive earnings attributable to PMI	`ComprehensiveIncomeNetOfTax`	$2.23B	USD	1 Quarter

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