10-Q Filing

PHILIP MORRIS INTERNATIONAL INC. CIK: 1413329 Q2 2020

Filing Information

Form Type	10-Q
Accession Number	`0001413329-20-000053`
Period End Date	20200630
Filing Date	20200729
Fiscal Year	2020
Fiscal Period	Q2
XBRL Instance	pm-063020x10qxdoc_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 100 Income Statement 72 Cash Flow Statement 78 Stockholders Equity 43 Comprehensive Income 60

Balance Sheet 100 line items

Line Item	Tag	Value	Unit	Period
Receivables, allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$22.00M	USD	Point-in-time
Receivables, allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$20.00M	USD	Point-in-time
Common stock, no par value (in dollars per share)	`CommonStockNoParValue`	-	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$6.86B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.20B	USD	Point-in-time
Common stock, no par value (in dollars per share)	`CommonStockNoParValue`	-	USD	Point-in-time
Trade receivables (less allowances of $22 in 2020 and $20 in 2019)	`AccountsReceivableNetCurrent`	$3.34B	USD	Point-in-time
Trade receivables (less allowances of $22 in 2020 and $20 in 2019)	`AccountsReceivableNetCurrent`	$3.08B	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
Other receivables	`OtherReceivablesNetCurrent`	$600.00M	USD	Point-in-time
Other receivables	`OtherReceivablesNetCurrent`	$637.00M	USD	Point-in-time
Repurchased stock, shares (in shares)	`TreasuryStockShares`	552.03M	shares	Point-in-time
Repurchased stock, shares (in shares)	`TreasuryStockShares`	553.42M	shares	Point-in-time
Leaf tobacco	`InventoryLeafTobacco`	$2.14B	USD	Point-in-time
Leaf tobacco	`InventoryLeafTobacco`	$2.05B	USD	Point-in-time
Other raw materials	`InventoryRawMaterials`	$1.96B	USD	Point-in-time
Other raw materials	`InventoryRawMaterials`	$1.60B	USD	Point-in-time
Finished product	`InventoryFinishedGoods`	$4.87B	USD	Point-in-time
Finished product	`InventoryFinishedGoods`	$5.59B	USD	Point-in-time
Total inventory, net	`InventoryNet`	$8.97B	USD	Point-in-time
Total inventory, net	`InventoryNet`	$9.23B	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$701.00M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$664.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$20.51B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$17.78B	USD	Point-in-time
Property, plant and equipment, at cost	`PropertyPlantAndEquipmentGross`	$14.45B	USD	Point-in-time
Property, plant and equipment, at cost	`PropertyPlantAndEquipmentGross`	$14.08B	USD	Point-in-time
Less: accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$7.89B	USD	Point-in-time
Less: accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$7.82B	USD	Point-in-time
Total property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$6.63B	USD	Point-in-time
Total property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$6.18B	USD	Point-in-time
Goodwill (Note 4)	`Goodwill`	$5.86B	USD	Point-in-time
Goodwill (Note 4)	`Goodwill`	$5.65B	USD	Point-in-time
Other intangible assets, net (Note 4)	`IntangibleAssetsNetExcludingGoodwill`	$2.11B	USD	Point-in-time
Other intangible assets, net (Note 4)	`IntangibleAssetsNetExcludingGoodwill`	$1.95B	USD	Point-in-time
Investments in unconsolidated subsidiaries and equity securities (Notes 11&14)	`EquityMethodInvestmentsAndEquitySecuritiesFVNI`	$4.52B	USD	Point-in-time
Investments in unconsolidated subsidiaries and equity securities (Notes 11&14)	`EquityMethodInvestmentsAndEquitySecuritiesFVNI`	$4.63B	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$1.16B	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$1.15B	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$1.97B	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$1.93B	USD	Point-in-time
TOTAL ASSETS	`Assets`	$39.16B	USD	Point-in-time
TOTAL ASSETS	`Assets`	$42.88B	USD	Point-in-time
Short-term borrowings (Note 10)	`ShortTermBorrowings`	$338.00M	USD	Point-in-time
Short-term borrowings (Note 10)	`ShortTermBorrowings`	$281.00M	USD	Point-in-time
Current portion of long-term debt (Note 10)	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$2.30B	USD	Point-in-time
Current portion of long-term debt (Note 10)	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$4.05B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$2.30B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.99B	USD	Point-in-time
Marketing and selling	`AccruedMarketingCostsCurrent`	$718.00M	USD	Point-in-time
Marketing and selling	`AccruedMarketingCostsCurrent`	$666.00M	USD	Point-in-time
Taxes, except income taxes	`SalesAndExciseTaxPayableCurrent`	$5.84B	USD	Point-in-time
Taxes, except income taxes	`SalesAndExciseTaxPayableCurrent`	$5.29B	USD	Point-in-time
Employment costs	`EmployeeRelatedLiabilitiesCurrent`	$1.04B	USD	Point-in-time
Employment costs	`EmployeeRelatedLiabilitiesCurrent`	$928.00M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$1.83B	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$1.83B	USD	Point-in-time
Other	`OtherAccruedLiabilitiesCurrent`	$1.66B	USD	Point-in-time
Other	`OtherAccruedLiabilitiesCurrent`	$1.97B	USD	Point-in-time
Income taxes	`AccruedIncomeTaxesCurrent`	$796.00M	USD	Point-in-time
Income taxes	`AccruedIncomeTaxesCurrent`	$788.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$15.79B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$18.83B	USD	Point-in-time
Long-term debt (Note 10)	`LongTermDebtAndCapitalLeaseObligations`	$27.04B	USD	Point-in-time
Long-term debt (Note 10)	`LongTermDebtAndCapitalLeaseObligations`	$26.66B	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$775.00M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$908.00M	USD	Point-in-time
Employment costs	`PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesNoncurrent`	$3.55B	USD	Point-in-time
Employment costs	`PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesNoncurrent`	$3.63B	USD	Point-in-time
Income taxes and other liabilities	`IncomeTaxesAndOtherLiabilitiesNoncurrent`	$2.12B	USD	Point-in-time
Income taxes and other liabilities	`IncomeTaxesAndOtherLiabilitiesNoncurrent`	$2.44B	USD	Point-in-time
Total liabilities	`Liabilities`	$49.28B	USD	Point-in-time
Total liabilities	`Liabilities`	$52.47B	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 2020 and 2019)	`CommonStockValue`	-	USD	Point-in-time
Common stock, no par value (2,109,316,331 shares issued in 2020 and 2019)	`CommonStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$2.04B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$2.02B	USD	Point-in-time
Earnings reinvested in the business	`RetainedEarningsAccumulatedDeficit`	$30.99B	USD	Point-in-time
Earnings reinvested in the business	`RetainedEarningsAccumulatedDeficit`	$31.10B	USD	Point-in-time
Accumulated other comprehensive losses	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-9.36B	USD	Point-in-time
Accumulated other comprehensive losses	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-10.01B	USD	Point-in-time
Total stockholders' equity before treasury stock	`StockholdersEquityBeforeTreasuryStock`	$23.14B	USD	Point-in-time
Total stockholders' equity before treasury stock	`StockholdersEquityBeforeTreasuryStock`	$23.64B	USD	Point-in-time
Less: cost of repurchased stock (552,032,954 and 553,421,668 shares in 2020 and 2019, respectively)	`TreasuryStockValue`	$35.13B	USD	Point-in-time
Less: cost of repurchased stock (552,032,954 and 553,421,668 shares in 2020 and 2019, respectively)	`TreasuryStockValue`	$35.22B	USD	Point-in-time
Total PMI stockholders deficit	`StockholdersEquity`	$-12.00B	USD	Point-in-time
Total PMI stockholders deficit	`StockholdersEquity`	$-11.58B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$1.88B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$1.98B	USD	Point-in-time
Total stockholders deficit	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-11.06B	USD	Point-in-time
Total stockholders deficit	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-10.12B	USD	Point-in-time
Total stockholders deficit	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-9.41B	USD	Point-in-time
Total stockholders deficit	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-10.74B	USD	Point-in-time
Total stockholders deficit	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-10.19B	USD	Point-in-time
Total stockholders deficit	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-9.60B	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS (DEFICIT) EQUITY	`LiabilitiesAndStockholdersEquity`	$42.88B	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS (DEFICIT) EQUITY	`LiabilitiesAndStockholdersEquity`	$39.16B	USD	Point-in-time

Income Statement 72 line items

Line Item	Tag	Value	Unit	Period
Revenues including excise taxes	`RevenueFromContractWithCustomerIncludingAssessedTax`	$37.69B	USD	2 Qtrs
Revenues including excise taxes	`RevenueFromContractWithCustomerIncludingAssessedTax`	$36.07B	USD	2 Qtrs
Revenues including excise taxes	`RevenueFromContractWithCustomerIncludingAssessedTax`	$19.99B	USD	1 Quarter
Revenues including excise taxes	`RevenueFromContractWithCustomerIncludingAssessedTax`	$17.82B	USD	1 Quarter
Excise taxes on products	`ExciseAndSalesTaxes`	$12.29B	USD	1 Quarter
Excise taxes on products	`ExciseAndSalesTaxes`	$11.17B	USD	1 Quarter
Excise taxes on products	`ExciseAndSalesTaxes`	$22.27B	USD	2 Qtrs
Excise taxes on products	`ExciseAndSalesTaxes`	$23.24B	USD	2 Qtrs
Net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$6.65B	USD	1 Quarter
Net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$14.45B	USD	2 Qtrs
Net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$7.70B	USD	1 Quarter
Net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$13.80B	USD	2 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$2.18B	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$5.13B	USD	2 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$4.58B	USD	2 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$2.67B	USD	1 Quarter
Gross profit	`GrossProfit`	$5.03B	USD	1 Quarter
Gross profit	`GrossProfit`	$9.22B	USD	2 Qtrs
Gross profit	`GrossProfit`	$9.32B	USD	2 Qtrs
Gross profit	`GrossProfit`	$4.47B	USD	1 Quarter
Marketing, administration and research costs (Notes 8, 18 & 19)	`MarketingAdministrationAndResearchCosts`	$4.05B	USD	2 Qtrs
Marketing, administration and research costs (Notes 8, 18 & 19)	`MarketingAdministrationAndResearchCosts`	$1.72B	USD	1 Quarter
Marketing, administration and research costs (Notes 8, 18 & 19)	`MarketingAdministrationAndResearchCosts`	$1.83B	USD	1 Quarter
Marketing, administration and research costs (Notes 8, 18 & 19)	`MarketingAdministrationAndResearchCosts`	$3.67B	USD	2 Qtrs
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$37.00M	USD	2 Qtrs
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$19.00M	USD	1 Quarter
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$35.00M	USD	2 Qtrs
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$16.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$2.73B	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$3.19B	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$5.24B	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$5.52B	USD	2 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-150.00M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-302.00M	USD	2 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-162.00M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-291.00M	USD	2 Qtrs
Pension and other employee benefit costs (Note 3)	`NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent`	$41.00M	USD	2 Qtrs
Pension and other employee benefit costs (Note 3)	`NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent`	$20.00M	USD	1 Quarter
Pension and other employee benefit costs (Note 3)	`NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent`	$45.00M	USD	2 Qtrs
Pension and other employee benefit costs (Note 3)	`NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent`	$22.00M	USD	1 Quarter
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$3.02B	USD	1 Quarter
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$4.89B	USD	2 Qtrs
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$5.18B	USD	2 Qtrs
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$2.55B	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$1.03B	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$1.12B	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$528.00M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$611.00M	USD	1 Quarter
Equity investments and securities (income)/loss, net	`IncomeLossFromEquityMethodInvestmentsAndEquitySecuritiesFVNI`	$-24.00M	USD	2 Qtrs
Equity investments and securities (income)/loss, net	`IncomeLossFromEquityMethodInvestmentsAndEquitySecuritiesFVNI`	$30.00M	USD	1 Quarter
Equity investments and securities (income)/loss, net	`IncomeLossFromEquityMethodInvestmentsAndEquitySecuritiesFVNI`	$30.00M	USD	1 Quarter
Equity investments and securities (income)/loss, net	`IncomeLossFromEquityMethodInvestmentsAndEquitySecuritiesFVNI`	$41.00M	USD	2 Qtrs
Net earnings	`ProfitLoss`	$2.44B	USD	1 Quarter
Net earnings	`ProfitLoss`	$2.05B	USD	1 Quarter
Net earnings	`ProfitLoss`	$4.04B	USD	2 Qtrs
Net earnings	`ProfitLoss`	$3.90B	USD	2 Qtrs
Net earnings attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$227.00M	USD	2 Qtrs
Net earnings attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$117.00M	USD	1 Quarter
Net earnings attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$263.00M	USD	2 Qtrs
Net earnings attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$102.00M	USD	1 Quarter
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`	$3.77B	USD	2 Qtrs
Net earnings attributable to PMI	`NetIncomeLoss`	$1.95B	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`	$2.36	USD	2 Qtrs
Basic earnings per share (in dollars per share)	`EarningsPerShareBasic`	$1.25	USD	1 Quarter
Basic earnings per share (in dollars per share)	`EarningsPerShareBasic`	$2.42	USD	2 Qtrs
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$2.36	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`	$2.42	USD	2 Qtrs
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$1.25	USD	1 Quarter

Cash Flow Statement 78 line items

Line Item	Tag	Value	Unit	Period
Net earnings	`ProfitLoss`	$2.44B	USD	1 Quarter
Net earnings	`ProfitLoss`	$2.05B	USD	1 Quarter
Net earnings	`ProfitLoss`	$4.04B	USD	2 Qtrs
Net earnings	`ProfitLoss`	$3.90B	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$472.00M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$470.00M	USD	2 Qtrs
Deferred income tax (benefit) provision	`DeferredIncomeTaxExpenseBenefit`	$-94.00M	USD	2 Qtrs
Deferred income tax (benefit) provision	`DeferredIncomeTaxExpenseBenefit`	$-125.00M	USD	2 Qtrs
Asset impairment and exit costs, net of cash paid (Note 18)	`RestructuringCostsAndAssetImpairmentCharges`	$-2.00M	USD	2 Qtrs
Asset impairment and exit costs, net of cash paid (Note 18)	`RestructuringCostsAndAssetImpairmentCharges`	$35.00M	USD	2 Qtrs
Receivables, net	`IncreaseDecreaseInReceivables`	$773.00M	USD	2 Qtrs
Receivables, net	`IncreaseDecreaseInReceivables`	$338.00M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$20.00M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-386.00M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-101.00M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-164.00M	USD	2 Qtrs
Accrued liabilities and other current assets	`IncreaseDecreaseInAccruedLiabilitiesAndOtherCurrentAssets`	$-542.00M	USD	2 Qtrs
Accrued liabilities and other current assets	`IncreaseDecreaseInAccruedLiabilitiesAndOtherCurrentAssets`	$780.00M	USD	2 Qtrs
Income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-101.00M	USD	2 Qtrs
Income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-233.00M	USD	2 Qtrs
Pension plan contributions	`PensionContributions`	$71.00M	USD	2 Qtrs
Pension plan contributions	`PensionContributions`	$52.00M	USD	2 Qtrs
Other	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-213.00M	USD	2 Qtrs
Other	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-519.00M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$4.68B	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$3.04B	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$502.00M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$310.00M	USD	2 Qtrs
Investments in unconsolidated subsidiaries and equity securities	`PaymentsToAcquireInterestInSubsidiariesAndAffiliates`	$28.00M	USD	2 Qtrs
Investments in unconsolidated subsidiaries and equity securities	`PaymentsToAcquireInterestInSubsidiariesAndAffiliates`	$3.00M	USD	2 Qtrs
Deconsolidation of RBH (Note 19)	`CashDivestedFromDeconsolidation`	$1.35B	USD	2 Qtrs
Deconsolidation of RBH (Note 19)	`CashDivestedFromDeconsolidation`	-	USD	2 Qtrs
Net investment hedges	`ProceedsFromHedgeInvestingActivities`	$174.00M	USD	2 Qtrs
Net investment hedges	`ProceedsFromHedgeInvestingActivities`	$116.00M	USD	2 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$-11.00M	USD	2 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$-5.00M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.75B	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-134.00M	USD	2 Qtrs
Net issuances (repayments) - maturities of 90 days or less	`ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess`	$-75.00M	USD	2 Qtrs
Net issuances (repayments) - maturities of 90 days or less	`ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess`	$-429.00M	USD	2 Qtrs
Issuances - maturities longer than 90 days	`ProceedsFromShortTermDebtMaturingInMoreThanThreeMonths`	$45.00M	USD	2 Qtrs
Issuances - maturities longer than 90 days	`ProceedsFromShortTermDebtMaturingInMoreThanThreeMonths`	$989.00M	USD	2 Qtrs
Asset impairment and exit costs	`RestructuringSettlementAndImpairmentProvisions`	$23.00M	USD	1 Quarter
Repayments - maturities longer than 90 days	`RepaymentsOfShortTermDebtMaturingInMoreThanThreeMonths`	$989.00M	USD	2 Qtrs
Repayments - maturities longer than 90 days	`RepaymentsOfShortTermDebtMaturingInMoreThanThreeMonths`	-	USD	2 Qtrs
Asset impairment and exit costs	`RestructuringSettlementAndImpairmentProvisions`	$71.00M	USD	2 Qtrs
Asset impairment and exit costs	`RestructuringSettlementAndImpairmentProvisions`	$71.00M	USD	1 Quarter
Asset impairment and exit costs	`RestructuringSettlementAndImpairmentProvisions`	$43.00M	USD	2 Qtrs
Long-term debt proceeds	`ProceedsFromIssuanceOfLongTermDebt`	$1.63B	USD	2 Qtrs
Cash divested from deconsolidation	`CashDivestedFromDeconsolidation`	$1.35B	USD	2 Qtrs
Cash divested from deconsolidation	`CashDivestedFromDeconsolidation`	-	USD	2 Qtrs
Long-term debt proceeds	`ProceedsFromIssuanceOfLongTermDebt`	$2.23B	USD	2 Qtrs
Restricted cash	`RestrictedCash`	$5.00M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$4.00M	USD	Point-in-time
Long-term debt repaid	`RepaymentsOfLongTermDebt`	$2.97B	USD	2 Qtrs
Restricted cash	`RestrictedCash`	$7.00M	USD	Point-in-time
Long-term debt repaid	`RepaymentsOfLongTermDebt`	$3.64B	USD	2 Qtrs
Restricted cash	`RestrictedCash`	$27.00M	USD	Point-in-time
Dividends paid	`PaymentsOfDividends`	$3.56B	USD	2 Qtrs
Dividends paid	`PaymentsOfDividends`	$3.66B	USD	2 Qtrs
Sale (purchase) of subsidiary shares to/(from) noncontrolling interests	`ProceedsFromMinorityShareholders`	$45.00M	USD	2 Qtrs
Sale (purchase) of subsidiary shares to/(from) noncontrolling interests	`ProceedsFromMinorityShareholders`	$2.00M	USD	2 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-406.00M	USD	2 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-271.00M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-5.50B	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-5.55B	USD	2 Qtrs
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-57.00M	USD	2 Qtrs
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$14.00M	USD	2 Qtrs
Increase (Decrease)	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-2.61B	USD	2 Qtrs
Increase (Decrease)	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-2.66B	USD	2 Qtrs
Balance at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.01B	USD	Point-in-time
Balance at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$6.87B	USD	Point-in-time
Balance at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.21B	USD	Point-in-time
Balance at beginning 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`	$6.87B	USD	Point-in-time
Balance at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.21B	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`	$2.34	USD	2 Qtrs
Dividends declared (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$1.17	USD	1 Quarter
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-11.06B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-10.12B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-9.41B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-10.74B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-10.19B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-9.60B	USD	Point-in-time
Net earnings	`ProfitLoss`	$2.44B	USD	1 Quarter
Net earnings	`ProfitLoss`	$2.05B	USD	1 Quarter
Net earnings	`ProfitLoss`	$4.04B	USD	2 Qtrs
Net earnings	`ProfitLoss`	$3.90B	USD	2 Qtrs
Other comprehensive earnings (losses), net of income taxes	`OtherComprehensiveIncomeLossNetofTaxExcludingDeconsolidationofEntity`	$216.00M	USD	1 Quarter
Other comprehensive earnings (losses), net of income taxes	`OtherComprehensiveIncomeLossNetofTaxExcludingDeconsolidationofEntity`	$560.00M	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`	$-657.00M	USD	2 Qtrs
Other comprehensive earnings (losses), net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$1.09B	USD	2 Qtrs
Other comprehensive earnings (losses), net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$834.00M	USD	1 Quarter
Issuance of stock awards	`StockIssuedDuringPeriodValueShareBasedCompensation`	$94.00M	USD	2 Qtrs
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`	$45.00M	USD	1 Quarter
Dividends declared	`DividendsCommonStock`	$1.83B	USD	1 Quarter
Dividends declared	`DividendsCommonStock`	$1.78B	USD	1 Quarter
Dividends declared	`DividendsCommonStock`	$3.56B	USD	2 Qtrs
Dividends declared	`DividendsCommonStock`	$3.66B	USD	2 Qtrs
Payments to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$157.00M	USD	1 Quarter
Payments to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$185.00M	USD	1 Quarter
Payments to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$339.00M	USD	2 Qtrs
Payments to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$231.00M	USD	2 Qtrs
Deconsolidation of RBH (Note 19)	`DeconsolidationofEntity`	$529.00M	USD	2 Qtrs
Other	`StockholdersEquityOther`	$-45.00M	USD	1 Quarter
Other	`StockholdersEquityOther`	$-2.00M	USD	2 Qtrs
Other	`StockholdersEquityOther`	-	USD	1 Quarter
Other	`StockholdersEquityOther`	$-45.00M	USD	2 Qtrs
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-11.06B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-10.12B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-9.41B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-10.74B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-10.19B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-9.60B	USD	Point-in-time

Comprehensive Income 60 line items

Line Item	Tag	Value	Unit	Period
Income taxes on currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$40.00M	USD	2 Qtrs
Net earnings	`ProfitLoss`	$2.44B	USD	1 Quarter
Net earnings	`ProfitLoss`	$2.05B	USD	1 Quarter
Net earnings	`ProfitLoss`	$4.04B	USD	2 Qtrs
Income taxes on currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$-61.00M	USD	1 Quarter
Income taxes on currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$-56.00M	USD	1 Quarter
Net earnings	`ProfitLoss`	$3.90B	USD	2 Qtrs
Income taxes on currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$67.00M	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
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 Amortization of net losses, prior service costs and net transition costs and (gains)/losses transferred to earnings change in net loss and prior service cost	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax`	$17.00M	USD	1 Quarter
Income taxes on Amortization of net losses, prior service costs and net transition costs and (gains)/losses transferred to earnings change in net loss and prior service cost	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax`	$26.00M	USD	1 Quarter
Income taxes on Amortization of net losses, prior service costs and net transition costs and (gains)/losses transferred to earnings change in net loss and prior service cost	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax`	$34.00M	USD	2 Qtrs
Income taxes on Amortization of net losses, prior service costs and net transition costs and (gains)/losses transferred to earnings change in net loss and prior service cost	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax`	$30.00M	USD	2 Qtrs
Unrealized gains (losses), net of income taxes	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$65.00M	USD	1 Quarter
Income taxes on gain (losses) recognized on derivatives accounted for as hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax`	$-3.00M	USD	2 Qtrs
Unrealized gains (losses), net of income taxes	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$797.00M	USD	1 Quarter
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`	$-1.00M	USD	2 Qtrs
Income taxes on gain (losses) recognized on derivatives accounted for as hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax`	$-6.00M	USD	1 Quarter
Unrealized gains (losses), net of income taxes	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$351.00M	USD	2 Qtrs
Unrealized gains (losses), net of income taxes	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-785.00M	USD	2 Qtrs
Income taxes on gain (losses) transferred to earnings on derivatives accounted for as hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax`	$2.00M	USD	1 Quarter
Income taxes on gain (losses) transferred to earnings on derivatives accounted for as hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax`	$2.00M	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`	$1.00M	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	1 Quarter
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	2 Qtrs
Amortization of net losses, prior service costs and net transition costs and (Gains)/losses transferred to earnings deconsolidation of RBH, net of income taxes	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax`	$119.00M	USD	2 Qtrs
Amortization of net losses, prior service costs and net transition costs and (Gains)/losses transferred to earnings deconsolidation of RBH, net of income taxes	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax`	$149.00M	USD	2 Qtrs
Amortization of net losses, prior service costs and net transition costs and (Gains)/losses transferred to earnings deconsolidation of RBH, net of income taxes	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax`	$56.00M	USD	1 Quarter
Amortization of net losses, prior service costs and net transition costs and (Gains)/losses transferred to earnings deconsolidation of RBH, net of income taxes	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax`	$75.00M	USD	1 Quarter
Gains (losses) recognized, net of income taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$-19.00M	USD	1 Quarter
Gains (losses) recognized, net of income taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$-20.00M	USD	2 Qtrs
Gains (losses) recognized, net of income taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$-32.00M	USD	1 Quarter
Gains (losses) recognized, net of income taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$-6.00M	USD	2 Qtrs
(Gains) losses transferred to earnings, net of income taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$6.00M	USD	1 Quarter
(Gains) losses transferred to earnings, net of income taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$21.00M	USD	1 Quarter
(Gains) losses transferred to earnings, net of income taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$15.00M	USD	2 Qtrs
(Gains) losses transferred to earnings, net of income taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$25.00M	USD	2 Qtrs
Total other comprehensive earnings (losses)	`OtherComprehensiveIncomeLossNetOfTax`	$216.00M	USD	1 Quarter
Total other comprehensive earnings (losses)	`OtherComprehensiveIncomeLossNetOfTax`	$-657.00M	USD	2 Qtrs
Total other comprehensive earnings (losses)	`OtherComprehensiveIncomeLossNetOfTax`	$1.09B	USD	2 Qtrs
Total other comprehensive earnings (losses)	`OtherComprehensiveIncomeLossNetOfTax`	$834.00M	USD	1 Quarter
Total comprehensive earnings	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$2.88B	USD	1 Quarter
Total comprehensive earnings	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$3.38B	USD	2 Qtrs
Total comprehensive earnings	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$4.99B	USD	2 Qtrs
Total comprehensive earnings	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$2.65B	USD	1 Quarter
Noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$256.00M	USD	2 Qtrs
Noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$171.00M	USD	1 Quarter
Noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$147.00M	USD	1 Quarter
Noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$252.00M	USD	2 Qtrs
Comprehensive earnings attributable to PMI	`ComprehensiveIncomeNetOfTax`	$2.71B	USD	1 Quarter
Comprehensive earnings attributable to PMI	`ComprehensiveIncomeNetOfTax`	$2.50B	USD	1 Quarter
Comprehensive earnings attributable to PMI	`ComprehensiveIncomeNetOfTax`	$3.13B	USD	2 Qtrs
Comprehensive earnings attributable to PMI	`ComprehensiveIncomeNetOfTax`	$4.73B	USD	2 Qtrs

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