10-Q Filing

PHILIP MORRIS INTERNATIONAL INC. CIK: 1413329 Q3 2021

Filing Information

Form Type	10-Q
Accession Number	`0001413329-21-000091`
Period End Date	20210930
Filing Date	20211027
Fiscal Year	2021
Fiscal Period	Q3
XBRL Instance	pm-20210930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 102 Income Statement 72 Cash Flow Statement 72 Stockholders Equity 42 Comprehensive Income 60

Balance Sheet 102 line items

Line Item	Tag	Value	Unit	Period
Trade receivables, allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$23.00M	USD	Point-in-time
Trade receivables, allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$69.00M	USD	Point-in-time
Other receivables, allowances	`AllowanceForDoubtfulOtherReceivablesCurrent`	$38.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$7.28B	USD	Point-in-time
Other receivables, allowances	`AllowanceForDoubtfulOtherReceivablesCurrent`	$37.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.49B	USD	Point-in-time
Other assets, allowances	`AllowanceForDoubtfulAccountsReceivableNoncurrent`	$20.00M	USD	Point-in-time
Trade receivables (less allowances of $69 in 2021 and $23 in 2020)	`AccountsReceivableNetCurrent`	$2.90B	USD	Point-in-time
Trade receivables (less allowances of $69 in 2021 and $23 in 2020)	`AccountsReceivableNetCurrent`	$3.38B	USD	Point-in-time
Other assets, allowances	`AllowanceForDoubtfulAccountsReceivableNoncurrent`	$22.00M	USD	Point-in-time
Other receivables (less allowances of $37 in 2021 and $38 in 2020)	`OtherReceivablesNetCurrent`	$803.00M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	2.11B	shares	Point-in-time
Other receivables (less allowances of $37 in 2021 and $38 in 2020)	`OtherReceivablesNetCurrent`	$856.00M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	2.11B	shares	Point-in-time
Repurchased stock, shares (in shares)	`TreasuryStockShares`	551.61M	shares	Point-in-time
Repurchased stock, shares (in shares)	`TreasuryStockShares`	551.94M	shares	Point-in-time
Leaf tobacco	`InventoryLeafTobacco`	$1.71B	USD	Point-in-time
Leaf tobacco	`InventoryLeafTobacco`	$2.06B	USD	Point-in-time
Other raw materials	`InventoryRawMaterialsNetOfReserves`	$1.71B	USD	Point-in-time
Other raw materials	`InventoryRawMaterialsNetOfReserves`	$1.93B	USD	Point-in-time
Finished product	`InventoryFinishedGoodsNetOfReserves`	$4.54B	USD	Point-in-time
Finished product	`InventoryFinishedGoodsNetOfReserves`	$5.82B	USD	Point-in-time
Total inventory, net	`InventoryNet`	$9.59B	USD	Point-in-time
Total inventory, net	`InventoryNet`	$8.17B	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$1.00B	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$860.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$17.85B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$21.49B	USD	Point-in-time
Property, plant and equipment, at cost	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization`	$14.91B	USD	Point-in-time
Property, plant and equipment, at cost	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization`	$14.91B	USD	Point-in-time
Less: accumulated depreciation	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization`	$8.85B	USD	Point-in-time
Less: accumulated depreciation	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization`	$8.54B	USD	Point-in-time
Total property, plant and equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$6.06B	USD	Point-in-time
Total property, plant and equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$6.37B	USD	Point-in-time
Goodwill (Note 4)	`Goodwill`	$6.81B	USD	Point-in-time
Goodwill (Note 4)	`Goodwill`	$5.96B	USD	Point-in-time
Other intangible assets, net (Note 4)	`IntangibleAssetsNetExcludingGoodwill`	$2.89B	USD	Point-in-time
Other intangible assets, net (Note 4)	`IntangibleAssetsNetExcludingGoodwill`	$2.02B	USD	Point-in-time
Equity investments (Note 12)	`LongTermInvestments`	$4.80B	USD	Point-in-time
Equity investments (Note 12)	`LongTermInvestments`	$4.62B	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$1.41B	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$1.08B	USD	Point-in-time
Other assets (less allowances of $20 in 2021 and $22 in 2020)	`OtherAssetsNoncurrent`	$2.77B	USD	Point-in-time
Other assets (less allowances of $20 in 2021 and $22 in 2020)	`OtherAssetsNoncurrent`	$2.27B	USD	Point-in-time
TOTAL ASSETS	`Assets`	$44.81B	USD	Point-in-time
TOTAL ASSETS	`Assets`	$41.59B	USD	Point-in-time
Short-term borrowings (Note 10)	`ShortTermBorrowings`	$223.00M	USD	Point-in-time
Short-term borrowings (Note 10)	`ShortTermBorrowings`	$244.00M	USD	Point-in-time
Current portion of long-term debt (Note 10)	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$3.12B	USD	Point-in-time
Current portion of long-term debt (Note 10)	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$3.11B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$2.81B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$2.78B	USD	Point-in-time
Marketing and selling	`AccruedMarketingCostsCurrent`	$782.00M	USD	Point-in-time
Marketing and selling	`AccruedMarketingCostsCurrent`	$804.00M	USD	Point-in-time
Taxes, except income taxes	`SalesAndExciseTaxPayableCurrent`	$5.06B	USD	Point-in-time
Taxes, except income taxes	`SalesAndExciseTaxPayableCurrent`	$6.40B	USD	Point-in-time
Employment costs	`EmployeeRelatedLiabilitiesCurrent`	$1.06B	USD	Point-in-time
Employment costs	`EmployeeRelatedLiabilitiesCurrent`	$1.19B	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$1.88B	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$1.97B	USD	Point-in-time
Other	`OtherAccruedLiabilitiesCurrent`	$1.89B	USD	Point-in-time
Other	`OtherAccruedLiabilitiesCurrent`	$2.12B	USD	Point-in-time
Income taxes	`AccruedIncomeTaxesCurrent`	$947.00M	USD	Point-in-time
Income taxes	`AccruedIncomeTaxesCurrent`	$1.09B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$17.88B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$19.61B	USD	Point-in-time
Long-term debt (Note 10)	`LongTermDebtAndCapitalLeaseObligations`	$28.17B	USD	Point-in-time
Long-term debt (Note 10)	`LongTermDebtAndCapitalLeaseObligations`	$25.77B	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$684.00M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$720.00M	USD	Point-in-time
Employment costs	`PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesNoncurrent`	$4.47B	USD	Point-in-time
Employment costs	`PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesNoncurrent`	$3.99B	USD	Point-in-time
Income taxes and other liabilities	`IncomeTaxesAndOtherLiabilitiesNoncurrent`	$1.87B	USD	Point-in-time
Income taxes and other liabilities	`IncomeTaxesAndOtherLiabilitiesNoncurrent`	$2.51B	USD	Point-in-time
Total liabilities	`Liabilities`	$55.45B	USD	Point-in-time
Total liabilities	`Liabilities`	$50.22B	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 2021 and 2020)	`CommonStockValue`	-	USD	Point-in-time
Common stock, no par value (2,109,316,331 shares issued in 2021 and 2020)	`CommonStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$2.10B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$2.18B	USD	Point-in-time
Earnings reinvested in the business	`RetainedEarningsAccumulatedDeficit`	$32.94B	USD	Point-in-time
Earnings reinvested in the business	`RetainedEarningsAccumulatedDeficit`	$31.64B	USD	Point-in-time
Accumulated other comprehensive losses	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-11.18B	USD	Point-in-time
Accumulated other comprehensive losses	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-10.52B	USD	Point-in-time
Total stockholders' equity before treasury stock	`StockholdersEquityBeforeTreasuryStock`	$24.60B	USD	Point-in-time
Total stockholders' equity before treasury stock	`StockholdersEquityBeforeTreasuryStock`	$22.56B	USD	Point-in-time
Less: cost of repurchased stock (551,612,741 and 551,942,600 shares in 2021 and 2020, respectively)	`TreasuryStockValue`	$35.13B	USD	Point-in-time
Less: cost of repurchased stock (551,612,741 and 551,942,600 shares in 2021 and 2020, respectively)	`TreasuryStockValue`	$35.15B	USD	Point-in-time
Total PMI stockholders deficit	`StockholdersEquity`	$-12.57B	USD	Point-in-time
Total PMI stockholders deficit	`StockholdersEquity`	$-10.55B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$1.94B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$1.92B	USD	Point-in-time
Total stockholders deficit	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-9.60B	USD	Point-in-time
Total stockholders deficit	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-10.12B	USD	Point-in-time
Total stockholders deficit	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-10.24B	USD	Point-in-time
Total stockholders deficit	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-9.20B	USD	Point-in-time
Total stockholders deficit	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-10.63B	USD	Point-in-time
Total stockholders deficit	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-8.63B	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS (DEFICIT) EQUITY	`LiabilitiesAndStockholdersEquity`	$41.59B	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS (DEFICIT) EQUITY	`LiabilitiesAndStockholdersEquity`	$44.81B	USD	Point-in-time

Income Statement 72 line items

Line Item	Tag	Value	Unit	Period
Revenues including excise taxes	`RevenueFromContractWithCustomerIncludingAssessedTax`	$56.52B	USD	3 Qtrs
Revenues including excise taxes	`RevenueFromContractWithCustomerIncludingAssessedTax`	$21.62B	USD	1 Quarter
Revenues including excise taxes	`RevenueFromContractWithCustomerIncludingAssessedTax`	$20.44B	USD	1 Quarter
Revenues including excise taxes	`RevenueFromContractWithCustomerIncludingAssessedTax`	$61.39B	USD	3 Qtrs
Excise taxes on products	`ExciseAndSalesTaxes`	$38.09B	USD	3 Qtrs
Excise taxes on products	`ExciseAndSalesTaxes`	$13.49B	USD	1 Quarter
Excise taxes on products	`ExciseAndSalesTaxes`	$35.27B	USD	3 Qtrs
Excise taxes on products	`ExciseAndSalesTaxes`	$13.00B	USD	1 Quarter
Net revenues (Note 8)	`RevenueFromContractWithCustomerExcludingAssessedTax`	$8.12B	USD	1 Quarter
Net revenues (Note 8)	`RevenueFromContractWithCustomerExcludingAssessedTax`	$21.25B	USD	3 Qtrs
Net revenues (Note 8)	`RevenueFromContractWithCustomerExcludingAssessedTax`	$23.30B	USD	3 Qtrs
Net revenues (Note 8)	`RevenueFromContractWithCustomerExcludingAssessedTax`	$7.45B	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$7.00B	USD	3 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$7.22B	USD	3 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$2.60B	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$2.42B	USD	1 Quarter
Gross profit	`GrossProfit`	$5.03B	USD	1 Quarter
Gross profit	`GrossProfit`	$14.25B	USD	3 Qtrs
Gross profit	`GrossProfit`	$16.08B	USD	3 Qtrs
Gross profit	`GrossProfit`	$5.53B	USD	1 Quarter
Marketing, administration and research costs (Notes 16 & 17)	`MarketingAdministrationAndResearchCosts`	$5.43B	USD	3 Qtrs
Marketing, administration and research costs (Notes 16 & 17)	`MarketingAdministrationAndResearchCosts`	$6.00B	USD	3 Qtrs
Marketing, administration and research costs (Notes 16 & 17)	`MarketingAdministrationAndResearchCosts`	$2.05B	USD	1 Quarter
Marketing, administration and research costs (Notes 16 & 17)	`MarketingAdministrationAndResearchCosts`	$1.77B	USD	1 Quarter
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$55.00M	USD	3 Qtrs
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$55.00M	USD	3 Qtrs
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$18.00M	USD	1 Quarter
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$18.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$8.76B	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$10.03B	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$3.46B	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$3.24B	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-482.00M	USD	3 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-454.00M	USD	3 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-163.00M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-154.00M	USD	1 Quarter
Pension and other employee benefit costs (Note 3)	`NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent`	$23.00M	USD	1 Quarter
Pension and other employee benefit costs (Note 3)	`NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent`	$68.00M	USD	3 Qtrs
Pension and other employee benefit costs (Note 3)	`NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent`	$82.00M	USD	3 Qtrs
Pension and other employee benefit costs (Note 3)	`NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent`	$27.00M	USD	1 Quarter
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$3.06B	USD	1 Quarter
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$3.27B	USD	1 Quarter
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$8.24B	USD	3 Qtrs
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$9.46B	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$1.76B	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$640.00M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$2.08B	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$735.00M	USD	1 Quarter
Equity investments and securities (income)/loss, net	`IncomeLossFromEquityMethodInvestmentsAndEquitySecuritiesFVNI`	$20.00M	USD	1 Quarter
Equity investments and securities (income)/loss, net	`IncomeLossFromEquityMethodInvestmentsAndEquitySecuritiesFVNI`	$95.00M	USD	3 Qtrs
Equity investments and securities (income)/loss, net	`IncomeLossFromEquityMethodInvestmentsAndEquitySecuritiesFVNI`	$49.00M	USD	1 Quarter
Equity investments and securities (income)/loss, net	`IncomeLossFromEquityMethodInvestmentsAndEquitySecuritiesFVNI`	$-4.00M	USD	3 Qtrs
Net earnings	`ProfitLoss`	$2.59B	USD	1 Quarter
Net earnings	`ProfitLoss`	$7.48B	USD	3 Qtrs
Net earnings	`ProfitLoss`	$2.44B	USD	1 Quarter
Net earnings	`ProfitLoss`	$6.47B	USD	3 Qtrs
Net earnings attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$465.00M	USD	3 Qtrs
Net earnings attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$162.00M	USD	1 Quarter
Net earnings attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$130.00M	USD	1 Quarter
Net earnings attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$393.00M	USD	3 Qtrs
Net earnings attributable to PMI	`NetIncomeLoss`	$6.08B	USD	3 Qtrs
Net earnings attributable to PMI	`NetIncomeLoss`	$2.43B	USD	1 Quarter
Net earnings attributable to PMI	`NetIncomeLoss`	$2.31B	USD	1 Quarter
Net earnings attributable to PMI	`NetIncomeLoss`	$7.02B	USD	3 Qtrs
Basic earnings per share (in dollars per share)	`EarningsPerShareBasic`	$3.90	USD	3 Qtrs
Basic earnings per share (in dollars per share)	`EarningsPerShareBasic`	$1.48	USD	1 Quarter
Basic earnings per share (in dollars per share)	`EarningsPerShareBasic`	$4.49	USD	3 Qtrs
Basic earnings per share (in dollars per share)	`EarningsPerShareBasic`	$1.55	USD	1 Quarter
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$1.55	USD	1 Quarter
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$1.48	USD	1 Quarter
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$4.48	USD	3 Qtrs
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$3.90	USD	3 Qtrs

Cash Flow Statement 72 line items

Line Item	Tag	Value	Unit	Period
Restricted cash	`RestrictedCash`	$4.00M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$5.00M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$309.00M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$6.00M	USD	Point-in-time
Net earnings	`ProfitLoss`	$2.59B	USD	1 Quarter
Net earnings	`ProfitLoss`	$7.48B	USD	3 Qtrs
Net earnings	`ProfitLoss`	$2.44B	USD	1 Quarter
Net earnings	`ProfitLoss`	$6.47B	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$709.00M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$719.00M	USD	3 Qtrs
Deferred income tax (benefit) provision	`DeferredIncomeTaxExpenseBenefit`	$-18.00M	USD	3 Qtrs
Deferred income tax (benefit) provision	`DeferredIncomeTaxExpenseBenefit`	$-187.00M	USD	3 Qtrs
Asset impairment and exit costs, net of cash paid (Note 16)	`RestructuringCostsAndAssetImpairmentCharges`	$-34.00M	USD	3 Qtrs
Asset impairment and exit costs, net of cash paid (Note 16)	`RestructuringCostsAndAssetImpairmentCharges`	$-44.00M	USD	3 Qtrs
Receivables, net	`IncreaseDecreaseInReceivables`	$141.00M	USD	3 Qtrs
Receivables, net	`IncreaseDecreaseInReceivables`	$354.00M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-1.24B	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-823.00M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$165.00M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-22.00M	USD	3 Qtrs
Accrued liabilities and other current assets	`IncreaseDecreaseInAccruedLiabilitiesAndOtherCurrentAssets`	$1.03B	USD	3 Qtrs
Accrued liabilities and other current assets	`IncreaseDecreaseInAccruedLiabilitiesAndOtherCurrentAssets`	$1.02B	USD	3 Qtrs
Income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-264.00M	USD	3 Qtrs
Income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-181.00M	USD	3 Qtrs
Pension plan contributions	`PensionContributions`	$62.00M	USD	3 Qtrs
Pension plan contributions	`PensionContributions`	$219.00M	USD	3 Qtrs
Other	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-244.00M	USD	3 Qtrs
Other	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-308.00M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$7.93B	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$6.65B	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$459.00M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$462.00M	USD	3 Qtrs
Acquisitions, net of acquired cash (Note 17)	`PaymentsToAcquireBusinessesAndAssetsNetOfCashAcquired`	-	USD	3 Qtrs
Acquisitions, net of acquired cash (Note 17)	`PaymentsToAcquireBusinessesAndAssetsNetOfCashAcquired`	$1.87B	USD	3 Qtrs
Equity investments	`PaymentsToAcquireEquityMethodInvestments`	$3.00M	USD	3 Qtrs
Equity investments	`PaymentsToAcquireEquityMethodInvestments`	$26.00M	USD	3 Qtrs
Net investment hedges	`PaymentsForProceedsFromHedgeInvestingActivities`	$138.00M	USD	3 Qtrs
Net investment hedges	`PaymentsForProceedsFromHedgeInvestingActivities`	$-278.00M	USD	3 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$-58.00M	USD	3 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$-35.00M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-2.02B	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-568.00M	USD	3 Qtrs
Net issuances (repayments) - maturities of 90 days or less	`ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess`	$-159.00M	USD	3 Qtrs
Net issuances (repayments) - maturities of 90 days or less	`ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess`	$-18.00M	USD	3 Qtrs
Issuances - maturities longer than 90 days	`ProceedsFromShortTermDebtMaturingInMoreThanThreeMonths`	-	USD	3 Qtrs
Issuances - maturities longer than 90 days	`ProceedsFromShortTermDebtMaturingInMoreThanThreeMonths`	$45.00M	USD	3 Qtrs
Repayments - maturities longer than 90 days	`RepaymentsOfShortTermDebtMaturingInMoreThanThreeMonths`	$45.00M	USD	3 Qtrs
Repayments - maturities longer than 90 days	`RepaymentsOfShortTermDebtMaturingInMoreThanThreeMonths`	-	USD	3 Qtrs
Long-term debt proceeds	`ProceedsFromIssuanceOfLongTermDebt`	$2.23B	USD	3 Qtrs
Long-term debt proceeds	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	3 Qtrs
Long-term debt repaid	`RepaymentsOfLongTermDebt`	$1.98B	USD	3 Qtrs
Long-term debt repaid	`RepaymentsOfLongTermDebt`	$4.00B	USD	3 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	3 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$94.00M	USD	3 Qtrs
Dividends paid	`PaymentsOfDividends`	$5.49B	USD	3 Qtrs
Dividends paid	`PaymentsOfDividends`	$5.63B	USD	3 Qtrs
Payments to noncontrolling interests and Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-618.00M	USD	3 Qtrs
Payments to noncontrolling interests and Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-457.00M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-8.03B	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-8.18B	USD	3 Qtrs
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-226.00M	USD	3 Qtrs
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-89.00M	USD	3 Qtrs
Increase (Decrease)	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-2.04B	USD	3 Qtrs
Increase (Decrease)	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-2.48B	USD	3 Qtrs
Balance at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$6.87B	USD	Point-in-time
Balance at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.83B	USD	Point-in-time
Balance at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.80B	USD	Point-in-time
Balance at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$7.29B	USD	Point-in-time
Balance at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$6.87B	USD	Point-in-time
Balance at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.83B	USD	Point-in-time
Balance at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.80B	USD	Point-in-time
Balance at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$7.29B	USD	Point-in-time

Stockholders Equity 42 line items

Line Item	Tag	Value	Unit	Period
Dividends declared (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$3.65	USD	3 Qtrs
Dividends declared (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$3.54	USD	3 Qtrs
Dividends declared (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$1.25	USD	1 Quarter
Dividends declared (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$1.20	USD	1 Quarter
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-9.60B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-10.12B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-10.24B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-9.20B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-10.63B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-8.63B	USD	Point-in-time
Net earnings	`ProfitLoss`	$2.59B	USD	1 Quarter
Net earnings	`ProfitLoss`	$7.48B	USD	3 Qtrs
Net earnings	`ProfitLoss`	$2.44B	USD	1 Quarter
Net earnings	`ProfitLoss`	$6.47B	USD	3 Qtrs
Other comprehensive earnings (losses), net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-1.20B	USD	3 Qtrs
Other comprehensive earnings (losses), net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$106.00M	USD	1 Quarter
Other comprehensive earnings (losses), net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-547.00M	USD	1 Quarter
Other comprehensive earnings (losses), net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$594.00M	USD	3 Qtrs
Issuance of stock awards	`StockIssuedDuringPeriodValueShareBasedCompensation`	$152.00M	USD	3 Qtrs
Issuance of stock awards	`StockIssuedDuringPeriodValueShareBasedCompensation`	$122.00M	USD	3 Qtrs
Issuance of stock awards	`StockIssuedDuringPeriodValueShareBasedCompensation`	$41.00M	USD	1 Quarter
Issuance of stock awards	`StockIssuedDuringPeriodValueShareBasedCompensation`	$28.00M	USD	1 Quarter
Dividends declared	`DividendsCommonStock`	$5.72B	USD	3 Qtrs
Dividends declared	`DividendsCommonStock`	$5.53B	USD	3 Qtrs
Dividends declared	`DividendsCommonStock`	$1.96B	USD	1 Quarter
Dividends declared	`DividendsCommonStock`	$1.87B	USD	1 Quarter
Payments to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$171.00M	USD	1 Quarter
Payments to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$510.00M	USD	3 Qtrs
Payments to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$161.00M	USD	1 Quarter
Payments to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$459.00M	USD	3 Qtrs
Common stock repurchased	`TreasuryStockValueAcquiredCostMethod`	$94.00M	USD	1 Quarter
Common stock repurchased	`TreasuryStockValueAcquiredCostMethod`	$94.00M	USD	3 Qtrs
Other	`StockholdersEquityOther`	$-1.00M	USD	1 Quarter
Other	`StockholdersEquityOther`	$-3.00M	USD	3 Qtrs
Acquisitions	`NoncontrollingInterestIncreaseFromBusinessCombination`	$44.00M	USD	1 Quarter
Acquisitions	`NoncontrollingInterestIncreaseFromBusinessCombination`	$44.00M	USD	3 Qtrs
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-9.60B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-10.12B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-10.24B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-9.20B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-10.63B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-8.63B	USD	Point-in-time

Comprehensive Income 60 line items

Line Item	Tag	Value	Unit	Period
Income taxes on currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$-38.00M	USD	3 Qtrs
Income taxes on currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$34.00M	USD	3 Qtrs
Net earnings	`ProfitLoss`	$2.59B	USD	1 Quarter
Net earnings	`ProfitLoss`	$7.48B	USD	3 Qtrs
Income taxes on currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$9.00M	USD	1 Quarter
Net earnings	`ProfitLoss`	$2.44B	USD	1 Quarter
Net earnings	`ProfitLoss`	$6.47B	USD	3 Qtrs
Income taxes on currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$-78.00M	USD	1 Quarter
Income taxes on gains (losses) and prior service costs	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansBeforeReclassificationAdjustmentsTax`	$-2.00M	USD	1 Quarter
Income taxes on gains (losses) and prior service costs	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansBeforeReclassificationAdjustmentsTax`	$-7.00M	USD	3 Qtrs
Income taxes on gains (losses) and prior service costs	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansBeforeReclassificationAdjustmentsTax`	-	USD	1 Quarter
Income taxes on gains (losses) and prior service costs	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansBeforeReclassificationAdjustmentsTax`	-	USD	3 Qtrs
Income taxes on Amortization of net losses, prior service costs and net transition costs	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax`	$15.00M	USD	1 Quarter
Income taxes on Amortization of net losses, prior service costs and net transition costs	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax`	$18.00M	USD	1 Quarter
Income taxes on Amortization of net losses, prior service costs and net transition costs	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax`	$54.00M	USD	3 Qtrs
Income taxes on Amortization of net losses, prior service costs and net transition costs	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax`	$49.00M	USD	3 Qtrs
Unrealized gains (losses), net of income taxes	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-1.37B	USD	3 Qtrs
Unrealized gains (losses), net of income taxes	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$18.00M	USD	1 Quarter
Income taxes on gains (losses) recognized on derivatives accounted for as hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax`	$15.00M	USD	3 Qtrs
Unrealized gains (losses), net of income taxes	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$245.00M	USD	3 Qtrs
Income taxes on gains (losses) recognized on derivatives accounted for as hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax`	$3.00M	USD	1 Quarter
Income taxes on gains (losses) recognized on derivatives accounted for as hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax`	$-8.00M	USD	3 Qtrs
Unrealized gains (losses), net of income taxes	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-588.00M	USD	1 Quarter
Income taxes on gains (losses) recognized on derivatives accounted for as hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax`	$-7.00M	USD	1 Quarter
Income taxes on (gains) losses transferred to earnings on derivatives accounted for as hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax`	$-1.00M	USD	1 Quarter
Income taxes on (gains) losses transferred to earnings on derivatives accounted for as hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax`	$3.00M	USD	1 Quarter
Income taxes on (gains) losses transferred to earnings on derivatives accounted for as hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax`	$3.00M	USD	3 Qtrs
Income taxes on (gains) losses transferred to earnings on derivatives accounted for as hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax`	$1.00M	USD	3 Qtrs
Net gains (losses) and prior service costs, net of income taxes	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax`	-	USD	3 Qtrs
Net gains (losses) and prior service costs, net of income taxes	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax`	$-27.00M	USD	3 Qtrs
Net gains (losses) and prior service costs, net of income taxes	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax`	$-7.00M	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`	$223.00M	USD	3 Qtrs
Amortization of net losses, prior service costs and net transition costs, net of income taxes	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax`	$79.00M	USD	1 Quarter
Amortization of net losses, prior service costs and net transition costs, net of income taxes	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax`	$74.00M	USD	1 Quarter
Amortization of net losses, prior service costs and net transition costs, net of income taxes	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax`	$241.00M	USD	3 Qtrs
Gains (losses) recognized, net of income taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$-31.00M	USD	1 Quarter
Gains (losses) recognized, net of income taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$-37.00M	USD	3 Qtrs
Gains (losses) recognized, net of income taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$85.00M	USD	3 Qtrs
Gains (losses) recognized, net of income taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$8.00M	USD	1 Quarter
(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`	$2.00M	USD	1 Quarter
(Gains) losses transferred to earnings, net of income taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$17.00M	USD	3 Qtrs
(Gains) losses transferred to earnings, net of income taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$4.00M	USD	3 Qtrs
Total other comprehensive earnings (losses)	`OtherComprehensiveIncomeLossNetOfTax`	$-1.20B	USD	3 Qtrs
Total other comprehensive earnings (losses)	`OtherComprehensiveIncomeLossNetOfTax`	$106.00M	USD	1 Quarter
Total other comprehensive earnings (losses)	`OtherComprehensiveIncomeLossNetOfTax`	$-547.00M	USD	1 Quarter
Total other comprehensive earnings (losses)	`OtherComprehensiveIncomeLossNetOfTax`	$594.00M	USD	3 Qtrs
Total comprehensive earnings	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$8.07B	USD	3 Qtrs
Total comprehensive earnings	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$5.27B	USD	3 Qtrs
Total comprehensive earnings	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.89B	USD	1 Quarter
Total comprehensive earnings	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$2.69B	USD	1 Quarter
Noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$141.00M	USD	1 Quarter
Noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$393.00M	USD	3 Qtrs
Noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$123.00M	USD	1 Quarter
Noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$398.00M	USD	3 Qtrs
Comprehensive earnings attributable to PMI	`ComprehensiveIncomeNetOfTax`	$4.88B	USD	3 Qtrs
Comprehensive earnings attributable to PMI	`ComprehensiveIncomeNetOfTax`	$2.57B	USD	1 Quarter
Comprehensive earnings attributable to PMI	`ComprehensiveIncomeNetOfTax`	$7.68B	USD	3 Qtrs
Comprehensive earnings attributable to PMI	`ComprehensiveIncomeNetOfTax`	$1.75B	USD	1 Quarter

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