10-Q Filing

PHILIP MORRIS INTERNATIONAL INC. CIK: 1413329 Q2 2019

Filing Information

Form Type	10-Q
Accession Number	`0001413329-19-000055`
Period End Date	20190630
Filing Date	20190725
Fiscal Year	2019
Fiscal Period	Q2
XBRL Instance	pm-063019x10qxdoc_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 100 Income Statement 72 Cash Flow Statement 76 Stockholders Equity 43 Comprehensive Income 62

Balance Sheet 100 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`	$4.01B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$6.59B	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
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
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`	$3.51B	USD	Point-in-time
Other receivables	`OtherReceivablesNetCurrent`	$568.00M	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`	553.49M	shares	Point-in-time
Leaf tobacco	`InventoryLeafTobacco`	$2.25B	USD	Point-in-time
Leaf tobacco	`InventoryLeafTobacco`	$2.32B	USD	Point-in-time
Other raw materials	`InventoryRawMaterials`	$1.41B	USD	Point-in-time
Other raw materials	`InventoryRawMaterials`	$1.58B	USD	Point-in-time
Finished product	`InventoryFinishedGoods`	$4.42B	USD	Point-in-time
Finished product	`InventoryFinishedGoods`	$5.08B	USD	Point-in-time
Total inventory, net	`InventoryNet`	$8.26B	USD	Point-in-time
Total inventory, net	`InventoryNet`	$8.80B	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$481.00M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$826.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$17.16B	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`	$14.53B	USD	Point-in-time
Less: accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$7.62B	USD	Point-in-time
Less: accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$7.36B	USD	Point-in-time
Total property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$7.20B	USD	Point-in-time
Total property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$6.92B	USD	Point-in-time
Goodwill (Note 4)	`Goodwill`	$5.83B	USD	Point-in-time
Goodwill (Note 4)	`Goodwill`	$7.19B	USD	Point-in-time
Other intangible assets, net (Note 4)	`IntangibleAssetsNetExcludingGoodwill`	$2.13B	USD	Point-in-time
Other intangible assets, net (Note 4)	`IntangibleAssetsNetExcludingGoodwill`	$2.28B	USD	Point-in-time
Investments in unconsolidated subsidiaries and equity securities (Notes 11&14)	`EquityMethodInvestmentsAndEquitySecuritiesFVNI`	$4.67B	USD	Point-in-time
Investments in unconsolidated subsidiaries and equity securities (Notes 11&14)	`EquityMethodInvestmentsAndEquitySecuritiesFVNI`	$1.27B	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$977.00M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$1.04B	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$2.18B	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$1.45B	USD	Point-in-time
TOTAL ASSETS	`Assets`	$39.80B	USD	Point-in-time
TOTAL ASSETS	`Assets`	$39.92B	USD	Point-in-time
Short-term borrowings (Note 10)	`ShortTermBorrowings`	$730.00M	USD	Point-in-time
Short-term borrowings (Note 10)	`ShortTermBorrowings`	$269.00M	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`	$4.76B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$2.07B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.71B	USD	Point-in-time
Marketing and selling	`AccruedMarketingCostsCurrent`	$636.00M	USD	Point-in-time
Marketing and selling	`AccruedMarketingCostsCurrent`	$732.00M	USD	Point-in-time
Taxes, except income taxes	`SalesAndExciseTaxPayableCurrent`	$5.78B	USD	Point-in-time
Taxes, except income taxes	`SalesAndExciseTaxPayableCurrent`	$5.09B	USD	Point-in-time
Employment costs	`EmployeeRelatedLiabilitiesCurrent`	$794.00M	USD	Point-in-time
Employment costs	`EmployeeRelatedLiabilitiesCurrent`	$748.00M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$1.78B	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$1.78B	USD	Point-in-time
Other	`OtherAccruedLiabilitiesCurrent`	$1.76B	USD	Point-in-time
Other	`OtherAccruedLiabilitiesCurrent`	$1.37B	USD	Point-in-time
Income taxes	`AccruedIncomeTaxesCurrent`	$594.00M	USD	Point-in-time
Income taxes	`AccruedIncomeTaxesCurrent`	$576.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$17.19B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$18.05B	USD	Point-in-time
Long-term debt (Note 10)	`LongTermDebtAndCapitalLeaseObligations`	$26.98B	USD	Point-in-time
Long-term debt (Note 10)	`LongTermDebtAndCapitalLeaseObligations`	$24.86B	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$898.00M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$786.00M	USD	Point-in-time
Employment costs	`PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesNoncurrent`	$2.95B	USD	Point-in-time
Employment costs	`PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesNoncurrent`	$3.08B	USD	Point-in-time
Income taxes and other liabilities	`IncomeTaxesAndOtherLiabilitiesNoncurrent`	$2.69B	USD	Point-in-time
Income taxes and other liabilities	`IncomeTaxesAndOtherLiabilitiesNoncurrent`	$2.39B	USD	Point-in-time
Total liabilities	`Liabilities`	$49.33B	USD	Point-in-time
Total liabilities	`Liabilities`	$50.54B	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`	$1.95B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.94B	USD	Point-in-time
Earnings reinvested in the business	`RetainedEarningsAccumulatedDeficit`	$31.13B	USD	Point-in-time
Earnings reinvested in the business	`RetainedEarningsAccumulatedDeficit`	$31.01B	USD	Point-in-time
Accumulated other comprehensive losses	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-9.05B	USD	Point-in-time
Accumulated other comprehensive losses	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-10.11B	USD	Point-in-time
Total stockholders' equity before treasury stock	`StockholdersEquityBeforeTreasuryStock`	$24.02B	USD	Point-in-time
Total stockholders' equity before treasury stock	`StockholdersEquityBeforeTreasuryStock`	$22.84B	USD	Point-in-time
Less: cost of repurchased stock (553,488,723 and 554,736,610 shares in 2019 and 2018, respectively)	`TreasuryStockValue`	$35.22B	USD	Point-in-time
Less: cost of repurchased stock (553,488,723 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`	$-11.20B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$1.72B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$1.79B	USD	Point-in-time
Total stockholders deficit	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-10.19B	USD	Point-in-time
Total stockholders deficit	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-10.48B	USD	Point-in-time
Total stockholders deficit	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-10.17B	USD	Point-in-time
Total stockholders deficit	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-10.74B	USD	Point-in-time
Total stockholders deficit	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-9.41B	USD	Point-in-time
Total stockholders deficit	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-10.23B	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS (DEFICIT) EQUITY	`LiabilitiesAndStockholdersEquity`	$39.92B	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS (DEFICIT) EQUITY	`LiabilitiesAndStockholdersEquity`	$39.80B	USD	Point-in-time

Income Statement 72 line items

Line Item	Tag	Value	Unit	Period
Revenues including excise taxes	`RevenueFromContractWithCustomerIncludingAssessedTax`	$21.10B	USD	1 Quarter
Revenues including excise taxes	`RevenueFromContractWithCustomerIncludingAssessedTax`	$37.69B	USD	2 Qtrs
Revenues including excise taxes	`RevenueFromContractWithCustomerIncludingAssessedTax`	$39.53B	USD	2 Qtrs
Revenues including excise taxes	`RevenueFromContractWithCustomerIncludingAssessedTax`	$19.99B	USD	1 Quarter
Excise taxes on products	`ExciseAndSalesTaxes`	$12.29B	USD	1 Quarter
Excise taxes on products	`ExciseAndSalesTaxes`	$24.90B	USD	2 Qtrs
Excise taxes on products	`ExciseAndSalesTaxes`	$23.24B	USD	2 Qtrs
Excise taxes on products	`ExciseAndSalesTaxes`	$13.37B	USD	1 Quarter
Net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$14.45B	USD	2 Qtrs
Net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$14.62B	USD	2 Qtrs
Net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$7.73B	USD	1 Quarter
Net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$7.70B	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$2.74B	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$5.13B	USD	2 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$5.36B	USD	2 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$2.67B	USD	1 Quarter
Gross profit	`GrossProfit`	$4.98B	USD	1 Quarter
Gross profit	`GrossProfit`	$5.03B	USD	1 Quarter
Gross profit	`GrossProfit`	$9.26B	USD	2 Qtrs
Gross profit	`GrossProfit`	$9.32B	USD	2 Qtrs
Marketing, administration and research costs (Notes 19 & 20)	`MarketingAdministrationAndResearchCosts`	$4.05B	USD	2 Qtrs
Marketing, administration and research costs (Notes 19 & 20)	`MarketingAdministrationAndResearchCosts`	$1.87B	USD	1 Quarter
Marketing, administration and research costs (Notes 19 & 20)	`MarketingAdministrationAndResearchCosts`	$3.70B	USD	2 Qtrs
Marketing, administration and research costs (Notes 19 & 20)	`MarketingAdministrationAndResearchCosts`	$1.83B	USD	1 Quarter
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$21.00M	USD	1 Quarter
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$16.00M	USD	1 Quarter
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$43.00M	USD	2 Qtrs
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$35.00M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$3.09B	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$5.52B	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$5.24B	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$3.19B	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-150.00M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-302.00M	USD	2 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-395.00M	USD	2 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-168.00M	USD	1 Quarter
Pension and other employee benefit costs (Note 3)	`NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent`	$20.00M	USD	1 Quarter
Pension and other employee benefit costs (Note 3)	`NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent`	$41.00M	USD	2 Qtrs
Pension and other employee benefit costs (Note 3)	`NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent`	$12.00M	USD	2 Qtrs
Pension and other employee benefit costs (Note 3)	`NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent`	$6.00M	USD	1 Quarter
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$3.02B	USD	1 Quarter
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$2.92B	USD	1 Quarter
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$5.11B	USD	2 Qtrs
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$4.89B	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$1.03B	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$644.00M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$611.00M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$1.20B	USD	2 Qtrs
Equity investments and securities (income)/loss, net	`IncomeLossFromEquityMethodInvestmentsAndEquitySecuritiesFVNI`	$33.00M	USD	2 Qtrs
Equity investments and securities (income)/loss, net	`IncomeLossFromEquityMethodInvestmentsAndEquitySecuritiesFVNI`	$41.00M	USD	2 Qtrs
Equity investments and securities (income)/loss, net	`IncomeLossFromEquityMethodInvestmentsAndEquitySecuritiesFVNI`	$30.00M	USD	1 Quarter
Equity investments and securities (income)/loss, net	`IncomeLossFromEquityMethodInvestmentsAndEquitySecuritiesFVNI`	$20.00M	USD	1 Quarter
Net earnings	`ProfitLoss`	$3.94B	USD	2 Qtrs
Net earnings	`ProfitLoss`	$2.29B	USD	1 Quarter
Net earnings	`ProfitLoss`	$2.44B	USD	1 Quarter
Net earnings	`ProfitLoss`	$3.90B	USD	2 Qtrs
Net earnings attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$117.00M	USD	1 Quarter
Net earnings attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$227.00M	USD	2 Qtrs
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 PMI	`NetIncomeLoss`	$3.75B	USD	2 Qtrs
Net earnings attributable to PMI	`NetIncomeLoss`	$3.67B	USD	2 Qtrs
Net earnings attributable to PMI	`NetIncomeLoss`	$2.32B	USD	1 Quarter
Net earnings attributable to PMI	`NetIncomeLoss`	$2.20B	USD	1 Quarter
Basic earnings per share (in dollars per share)	`EarningsPerShareBasic`	$1.41	USD	1 Quarter
Basic earnings per share (in dollars per share)	`EarningsPerShareBasic`	$1.49	USD	1 Quarter
Basic earnings per share (in dollars per share)	`EarningsPerShareBasic`	$2.41	USD	2 Qtrs
Basic earnings per share (in dollars per share)	`EarningsPerShareBasic`	$2.36	USD	2 Qtrs
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`	$1.49	USD	1 Quarter
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$2.36	USD	2 Qtrs

Cash Flow Statement 76 line items

Line Item	Tag	Value	Unit	Period
Net earnings	`ProfitLoss`	$3.94B	USD	2 Qtrs
Net earnings	`ProfitLoss`	$2.29B	USD	1 Quarter
Net earnings	`ProfitLoss`	$2.44B	USD	1 Quarter
Net earnings	`ProfitLoss`	$3.90B	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$488.00M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$472.00M	USD	2 Qtrs
Deferred income tax (benefit) provision	`DeferredIncomeTaxExpenseBenefit`	$-125.00M	USD	2 Qtrs
Deferred income tax (benefit) provision	`DeferredIncomeTaxExpenseBenefit`	$-45.00M	USD	2 Qtrs
Receivables, net	`IncreaseDecreaseInReceivables`	$65.00M	USD	2 Qtrs
Receivables, net	`IncreaseDecreaseInReceivables`	$773.00M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-386.00M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$526.00M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-128.00M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-101.00M	USD	2 Qtrs
Accrued liabilities and other current assets	`IncreaseDecreaseInAccruedLiabilitiesAndOtherCurrentAssets`	$-542.00M	USD	2 Qtrs
Accrued liabilities and other current assets	`IncreaseDecreaseInAccruedLiabilitiesAndOtherCurrentAssets`	$-2.02B	USD	2 Qtrs
Income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-101.00M	USD	2 Qtrs
Income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-360.00M	USD	2 Qtrs
Pension plan contributions	`PensionContributions`	$41.00M	USD	2 Qtrs
Pension plan contributions	`PensionContributions`	$71.00M	USD	2 Qtrs
Other	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-554.00M	USD	2 Qtrs
Other	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-85.00M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$5.37B	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$4.68B	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$774.00M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$502.00M	USD	2 Qtrs
Investments in unconsolidated subsidiaries and equity securities	`PaymentsToAcquireInterestInSubsidiariesAndAffiliates`	$30.00M	USD	2 Qtrs
Investments in unconsolidated subsidiaries and equity securities	`PaymentsToAcquireInterestInSubsidiariesAndAffiliates`	$28.00M	USD	2 Qtrs
Deconsolidation of RBH (Note 20)	`CashDivestedFromDeconsolidation`	-	USD	2 Qtrs
Deconsolidation of RBH (Note 20)	`CashDivestedFromDeconsolidation`	$1.35B	USD	2 Qtrs
Net investment hedges	`ProceedsFromHedgeInvestingActivities`	$77.00M	USD	2 Qtrs
Net investment hedges	`ProceedsFromHedgeInvestingActivities`	$116.00M	USD	2 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$-11.00M	USD	2 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$-44.00M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-683.00M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.75B	USD	2 Qtrs
Asset impairment and exit costs	`RestructuringSettlementAndImpairmentProvisions`	$23.00M	USD	1 Quarter
Net issuances (repayments) - maturities of 90 days or less	`ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess`	$119.00M	USD	2 Qtrs
Asset impairment and exit costs	`RestructuringSettlementAndImpairmentProvisions`	$43.00M	USD	2 Qtrs
Asset impairment and exit costs	`RestructuringSettlementAndImpairmentProvisions`	-	USD	2 Qtrs
Asset impairment and exit costs	`RestructuringSettlementAndImpairmentProvisions`	-	USD	1 Quarter
Net issuances (repayments) - maturities of 90 days or less	`ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess`	$-429.00M	USD	2 Qtrs
Cash divested from deconsolidation	`CashDivestedFromDeconsolidation`	-	USD	2 Qtrs
Issuances - maturities longer than 90 days	`ProceedsFromShortTermDebtMaturingInMoreThanThreeMonths`	$989.00M	USD	2 Qtrs
Cash divested from deconsolidation	`CashDivestedFromDeconsolidation`	$1.35B	USD	2 Qtrs
Issuances - maturities longer than 90 days	`ProceedsFromShortTermDebtMaturingInMoreThanThreeMonths`	-	USD	2 Qtrs
Repayments - maturities longer than 90 days	`RepaymentsOfShortTermDebtMaturingInMoreThanThreeMonths`	-	USD	2 Qtrs
Restricted cash	`RestrictedCash`	$5.00M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$35.00M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$27.00M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$29.00M	USD	Point-in-time
Repayments - maturities longer than 90 days	`RepaymentsOfShortTermDebtMaturingInMoreThanThreeMonths`	$989.00M	USD	2 Qtrs
Long-term debt proceeds	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	2 Qtrs
Long-term debt proceeds	`ProceedsFromIssuanceOfLongTermDebt`	$1.63B	USD	2 Qtrs
Long-term debt repaid	`RepaymentsOfLongTermDebt`	$2.97B	USD	2 Qtrs
Long-term debt repaid	`RepaymentsOfLongTermDebt`	$2.48B	USD	2 Qtrs
Dividends paid	`PaymentsOfDividends`	$3.33B	USD	2 Qtrs
Dividends paid	`PaymentsOfDividends`	$3.56B	USD	2 Qtrs
Sale (purchase) of subsidiary shares to/(from) noncontrolling interests (Note 17)	`ProceedsFromMinorityShareholders`	$45.00M	USD	2 Qtrs
Sale (purchase) of subsidiary shares to/(from) noncontrolling interests (Note 17)	`PaymentsToMinorityShareholders`	$85.00M	USD	2 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-234.00M	USD	2 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-271.00M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-5.55B	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`	$14.00M	USD	2 Qtrs
Increase (Decrease)	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-1.85B	USD	2 Qtrs
Increase (Decrease)	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-2.61B	USD	2 Qtrs
Balance at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$6.62B	USD	Point-in-time
Balance at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.01B	USD	Point-in-time
Balance at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$8.48B	USD	Point-in-time
Balance at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$6.62B	USD	Point-in-time
Balance at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$6.62B	USD	Point-in-time
Balance at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.01B	USD	Point-in-time
Balance at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$8.48B	USD	Point-in-time
Balance at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$6.62B	USD	Point-in-time

Stockholders Equity 43 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`	$2.28	USD	2 Qtrs
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`	$-10.19B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-10.48B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-10.17B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-10.74B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-9.41B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-10.23B	USD	Point-in-time
Net earnings	`ProfitLoss`	$3.94B	USD	2 Qtrs
Net earnings	`ProfitLoss`	$2.29B	USD	1 Quarter
Net earnings	`ProfitLoss`	$2.44B	USD	1 Quarter
Net earnings	`ProfitLoss`	$3.90B	USD	2 Qtrs
Other comprehensive earnings (losses), net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$216.00M	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`	$-450.00M	USD	2 Qtrs
Other comprehensive earnings (losses), net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$1.09B	USD	2 Qtrs
Other comprehensive earnings (losses), excluding deconsolidation entity, net of taxes	`OtherComprehensiveIncomeLossNetofTaxExcludingDeconsolidationofEntity`	$560.00M	USD	2 Qtrs
Issuance of stock awards	`StockIssuedDuringPeriodValueShareBasedCompensation`	$35.00M	USD	1 Quarter
Issuance of stock awards	`StockIssuedDuringPeriodValueShareBasedCompensation`	$86.00M	USD	2 Qtrs
Issuance of stock awards	`StockIssuedDuringPeriodValueShareBasedCompensation`	$43.00M	USD	1 Quarter
Issuance of stock awards	`StockIssuedDuringPeriodValueShareBasedCompensation`	$80.00M	USD	2 Qtrs
Dividends declared	`DividendsCommonStock`	$3.56B	USD	2 Qtrs
Dividends declared	`DividendsCommonStock`	$3.44B	USD	2 Qtrs
Dividends declared	`DividendsCommonStock`	$1.78B	USD	1 Quarter
Dividends declared	`DividendsCommonStock`	$1.78B	USD	1 Quarter
Payments to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$185.00M	USD	1 Quarter
Payments to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$231.00M	USD	2 Qtrs
Payments to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$214.00M	USD	2 Qtrs
Payments to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$178.00M	USD	1 Quarter
Adoption of new accounting standards	`NewAccountingPronouncementOrChangeInAccountingPrincipleEffectOfAdoptionQuantification`	$238.00M	USD	2 Qtrs
Deconsolidation of RBH (Note 20)	`DeconsolidationofEntity`	$529.00M	USD	2 Qtrs
Other	`StockholdersEquityOther`	$89.00M	USD	2 Qtrs
Other	`StockholdersEquityOther`	$-45.00M	USD	2 Qtrs
Other	`StockholdersEquityOther`	$-45.00M	USD	1 Quarter
Other	`StockholdersEquityOther`	$-6.00M	USD	1 Quarter
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-10.19B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-10.48B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-10.17B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-10.74B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-9.41B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-10.23B	USD	Point-in-time

Comprehensive Income 62 line items

Line Item	Tag	Value	Unit	Period
Net earnings	`ProfitLoss`	$3.94B	USD	2 Qtrs
Net earnings	`ProfitLoss`	$2.29B	USD	1 Quarter
Net earnings	`ProfitLoss`	$2.44B	USD	1 Quarter
Income taxes on currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$-61.00M	USD	1 Quarter
Income taxes on currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$219.00M	USD	1 Quarter
Income taxes on currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$27.00M	USD	2 Qtrs
Net earnings	`ProfitLoss`	$3.90B	USD	2 Qtrs
Income taxes on currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$67.00M	USD	2 Qtrs
Income taxes on losses transferred to earnings - deconsolidation of RBH	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationTax`	-	USD	2 Qtrs
Income taxes on losses transferred to earnings - deconsolidation of RBH	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationTax`	-	USD	2 Qtrs
Income taxes on gains (losses) and prior service costs	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansBeforeReclassificationAdjustmentsTax`	-	USD	1 Quarter
Income taxes on gains (losses) and prior service costs	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansBeforeReclassificationAdjustmentsTax`	$135.00M	USD	2 Qtrs
Income taxes on gains (losses) and prior service costs	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansBeforeReclassificationAdjustmentsTax`	-	USD	2 Qtrs
Income taxes on gains (losses) and prior service costs	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansBeforeReclassificationAdjustmentsTax`	$135.00M	USD	1 Quarter
Unrealized gains (losses), net of income taxes	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$351.00M	USD	2 Qtrs
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	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$65.00M	USD	1 Quarter
Income taxes on amortization of net losses, prior service costs and net transition costs	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax`	$26.00M	USD	1 Quarter
Unrealized gains (losses), net of income taxes	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-174.00M	USD	1 Quarter
Unrealized gains (losses), net of income taxes	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-545.00M	USD	2 Qtrs
Income taxes on amortization of net losses, prior service costs and net transition costs	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax`	$30.00M	USD	2 Qtrs
Income taxes on amortization of net losses, prior service costs and net transition costs	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax`	$21.00M	USD	2 Qtrs
Income taxes on gain (losses) recognized on derivatives accounted for as hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax`	$-3.00M	USD	2 Qtrs
Income taxes on gain (losses) recognized on derivatives accounted for as hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax`	$-2.00M	USD	1 Quarter
Income taxes on gain (losses) recognized on derivatives accounted for as hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax`	$9.00M	USD	1 Quarter
Income taxes on gain (losses) recognized on derivatives accounted for as hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax`	$-1.00M	USD	2 Qtrs
Income taxes on gain (losses) transferred to earnings on derivatives accounted for as hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax`	$3.00M	USD	2 Qtrs
Income taxes on gain (losses) transferred to earnings on derivatives accounted for as hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax`	-	USD	2 Qtrs
Income taxes on gain (losses) transferred to earnings on derivatives accounted for as hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax`	$1.00M	USD	1 Quarter
Income taxes on gain (losses) transferred to earnings on derivatives accounted for as hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax`	$2.00M	USD	1 Quarter
Net gains (losses) and prior service costs, net of income taxes	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax`	$-135.00M	USD	2 Qtrs
Net gains (losses) and prior service costs, net of income taxes	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax`	-	USD	2 Qtrs
Net gains (losses) and prior service costs, net of income taxes	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax`	$-135.00M	USD	1 Quarter
Net gains (losses) and prior service costs, net of income taxes	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax`	-	USD	1 Quarter
Amortization of net losses, prior service costs and net transition costs, net of income taxes	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax`	$119.00M	USD	2 Qtrs
Amortization of net losses, prior service costs and net transition costs, net of income taxes	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax`	$50.00M	USD	1 Quarter
Amortization of net losses, prior service costs and net transition costs, net of income taxes	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax`	$56.00M	USD	1 Quarter
Amortization of net losses, prior service costs and net transition costs, net of income taxes	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax`	$100.00M	USD	2 Qtrs
Gains (losses) recognized, net of income taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$-19.00M	USD	1 Quarter
Gains (losses) recognized, net of income taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$53.00M	USD	1 Quarter
Gains (losses) recognized, net of income taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$-20.00M	USD	2 Qtrs
Gains (losses) recognized, net of income taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$-11.00M	USD	2 Qtrs
(Gains) losses transferred to earnings, net of income taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$-4.00M	USD	1 Quarter
(Gains) losses transferred to earnings, net of income taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$-6.00M	USD	2 Qtrs
(Gains) losses transferred to earnings, net of income taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$25.00M	USD	2 Qtrs
(Gains) losses transferred to earnings, net of income taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$21.00M	USD	1 Quarter
Total other comprehensive earnings (losses)	`OtherComprehensiveIncomeLossNetOfTax`	$216.00M	USD	1 Quarter
Total other comprehensive earnings (losses)	`OtherComprehensiveIncomeLossNetOfTax`	$-67.00M	USD	1 Quarter
Total other comprehensive earnings (losses)	`OtherComprehensiveIncomeLossNetOfTax`	$-450.00M	USD	2 Qtrs
Total other comprehensive earnings (losses)	`OtherComprehensiveIncomeLossNetOfTax`	$1.09B	USD	2 Qtrs
Total comprehensive earnings	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$2.23B	USD	1 Quarter
Total comprehensive earnings	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$4.99B	USD	2 Qtrs
Total comprehensive earnings	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$2.65B	USD	1 Quarter
Total comprehensive earnings	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$3.49B	USD	2 Qtrs
Noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$147.00M	USD	1 Quarter
Noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$55.00M	USD	1 Quarter
Noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$256.00M	USD	2 Qtrs
Noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$111.00M	USD	2 Qtrs
Comprehensive earnings attributable to PMI	`ComprehensiveIncomeNetOfTax`	$3.38B	USD	2 Qtrs
Comprehensive earnings attributable to PMI	`ComprehensiveIncomeNetOfTax`	$2.50B	USD	1 Quarter
Comprehensive earnings attributable to PMI	`ComprehensiveIncomeNetOfTax`	$4.73B	USD	2 Qtrs
Comprehensive earnings attributable to PMI	`ComprehensiveIncomeNetOfTax`	$2.17B	USD	1 Quarter

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