10-Q Filing

PHILIP MORRIS INTERNATIONAL INC. CIK: 1413329 Q1 2022

Filing Information

Form Type	10-Q
Accession Number	`0001413329-22-000035`
Period End Date	20220331
Filing Date	20220428
Fiscal Year	2022
Fiscal Period	Q1
XBRL Instance	pm-20220331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 100 Income Statement 36 Cash Flow Statement 64 Stockholders Equity 22 Comprehensive Income 26

Balance Sheet 100 line items

Line Item	Tag	Value	Unit	Period
Trade receivables, allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$32.00M	USD	Point-in-time
Trade receivables, allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$70.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.62B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.50B	USD	Point-in-time
Other receivables, allowances	`AllowanceForDoubtfulOtherReceivablesCurrent`	$36.00M	USD	Point-in-time
Other receivables, allowances	`AllowanceForDoubtfulOtherReceivablesCurrent`	$36.00M	USD	Point-in-time
Trade receivables (less allowances of $32 in 2022 and $70 in 2021)	`AccountsReceivableNetCurrent`	$3.65B	USD	Point-in-time
Other assets, allowances	`AllowanceForDoubtfulAccountsReceivableNoncurrent`	$21.00M	USD	Point-in-time
Other assets, allowances	`AllowanceForDoubtfulAccountsReceivableNoncurrent`	$21.00M	USD	Point-in-time
Trade receivables (less allowances of $32 in 2022 and $70 in 2021)	`AccountsReceivableNetCurrent`	$3.12B	USD	Point-in-time
Other receivables (less allowances of $36 in 2022 and $36 in 2021)	`OtherReceivablesNetCurrent`	$768.00M	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 (less allowances of $36 in 2022 and $36 in 2021)	`OtherReceivablesNetCurrent`	$817.00M	USD	Point-in-time
Repurchased stock, shares (in shares)	`TreasuryStockShares`	559.15M	shares	Point-in-time
Repurchased stock, shares (in shares)	`TreasuryStockShares`	559.23M	shares	Point-in-time
Leaf tobacco	`InventoryLeafTobacco`	$1.64B	USD	Point-in-time
Leaf tobacco	`InventoryLeafTobacco`	$1.69B	USD	Point-in-time
Other raw materials	`InventoryRawMaterialsNetOfReserves`	$2.30B	USD	Point-in-time
Other raw materials	`InventoryRawMaterialsNetOfReserves`	$1.65B	USD	Point-in-time
Finished product	`InventoryFinishedGoodsNetOfReserves`	$5.43B	USD	Point-in-time
Finished product	`InventoryFinishedGoodsNetOfReserves`	$4.70B	USD	Point-in-time
Total inventory, net	`InventoryNet`	$8.72B	USD	Point-in-time
Total inventory, net	`InventoryNet`	$8.68B	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$1.00B	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$561.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$17.72B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$18.72B	USD	Point-in-time
Property, plant and equipment, at cost	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization`	$14.73B	USD	Point-in-time
Property, plant and equipment, at cost	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization`	$14.56B	USD	Point-in-time
Less: accumulated depreciation	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization`	$8.56B	USD	Point-in-time
Less: accumulated depreciation	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization`	$8.56B	USD	Point-in-time
Total property, plant and equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$6.00B	USD	Point-in-time
Total property, plant and equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$6.17B	USD	Point-in-time
Goodwill (Note 4)	`Goodwill`	$6.63B	USD	Point-in-time
Goodwill (Note 4)	`Goodwill`	$6.68B	USD	Point-in-time
Other intangible assets, net (Note 4)	`IntangibleAssetsNetExcludingGoodwill`	$2.79B	USD	Point-in-time
Other intangible assets, net (Note 4)	`IntangibleAssetsNetExcludingGoodwill`	$2.82B	USD	Point-in-time
Equity investments (Note 12)	`LongTermInvestments`	$4.46B	USD	Point-in-time
Equity investments (Note 12)	`LongTermInvestments`	$4.31B	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$694.00M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$895.00M	USD	Point-in-time
Other assets (less allowances of $21 in 2022 and $21 in 2021)	`OtherAssetsNoncurrent`	$2.58B	USD	Point-in-time
Other assets (less allowances of $21 in 2022 and $21 in 2021)	`OtherAssetsNoncurrent`	$2.55B	USD	Point-in-time
TOTAL ASSETS	`Assets`	$41.29B	USD	Point-in-time
TOTAL ASSETS	`Assets`	$41.73B	USD	Point-in-time
Short-term borrowings (Note 10)	`ShortTermBorrowings`	$225.00M	USD	Point-in-time
Short-term borrowings (Note 10)	`ShortTermBorrowings`	$2.44B	USD	Point-in-time
Current portion of long-term debt (Note 10)	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$2.80B	USD	Point-in-time
Current portion of long-term debt (Note 10)	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$2.90B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$3.33B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$3.20B	USD	Point-in-time
Marketing and selling	`AccruedMarketingCostsCurrent`	$678.00M	USD	Point-in-time
Marketing and selling	`AccruedMarketingCostsCurrent`	$811.00M	USD	Point-in-time
Taxes, except income taxes	`SalesAndExciseTaxPayableCurrent`	$5.62B	USD	Point-in-time
Taxes, except income taxes	`SalesAndExciseTaxPayableCurrent`	$6.32B	USD	Point-in-time
Employment costs	`EmployeeRelatedLiabilitiesCurrent`	$864.00M	USD	Point-in-time
Employment costs	`EmployeeRelatedLiabilitiesCurrent`	$1.15B	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$1.96B	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$1.96B	USD	Point-in-time
Other	`OtherAccruedLiabilitiesCurrent`	$1.85B	USD	Point-in-time
Other	`OtherAccruedLiabilitiesCurrent`	$1.64B	USD	Point-in-time
Income taxes	`AccruedIncomeTaxesCurrent`	$904.00M	USD	Point-in-time
Income taxes	`AccruedIncomeTaxesCurrent`	$1.02B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$20.42B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$19.25B	USD	Point-in-time
Long-term debt (Note 10)	`LongTermDebtAndCapitalLeaseObligations`	$24.78B	USD	Point-in-time
Long-term debt (Note 10)	`LongTermDebtAndCapitalLeaseObligations`	$24.02B	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$726.00M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$751.00M	USD	Point-in-time
Employment costs	`PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesNoncurrent`	$2.88B	USD	Point-in-time
Employment costs	`PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesNoncurrent`	$2.97B	USD	Point-in-time
Income taxes and other liabilities	`IncomeTaxesAndOtherLiabilitiesNoncurrent`	$1.77B	USD	Point-in-time
Income taxes and other liabilities	`IncomeTaxesAndOtherLiabilitiesNoncurrent`	$1.87B	USD	Point-in-time
Total liabilities	`Liabilities`	$49.94B	USD	Point-in-time
Total liabilities	`Liabilities`	$49.50B	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 2022 and 2021)	`CommonStockValue`	-	USD	Point-in-time
Common stock, no par value (2,109,316,331 shares issued in 2022 and 2021)	`CommonStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$2.12B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$2.23B	USD	Point-in-time
Earnings reinvested in the business	`RetainedEarningsAccumulatedDeficit`	$33.47B	USD	Point-in-time
Earnings reinvested in the business	`RetainedEarningsAccumulatedDeficit`	$33.08B	USD	Point-in-time
Accumulated other comprehensive losses	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-9.58B	USD	Point-in-time
Accumulated other comprehensive losses	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-9.76B	USD	Point-in-time
Total stockholders' equity before treasury stock	`StockholdersEquityBeforeTreasuryStock`	$25.73B	USD	Point-in-time
Total stockholders' equity before treasury stock	`StockholdersEquityBeforeTreasuryStock`	$25.83B	USD	Point-in-time
Less: cost of repurchased stock (559,231,389 and 559,146,338 shares in 2022 and 2021, respectively)	`TreasuryStockValue`	$35.84B	USD	Point-in-time
Less: cost of repurchased stock (559,231,389 and 559,146,338 shares in 2022 and 2021, respectively)	`TreasuryStockValue`	$35.92B	USD	Point-in-time
Total PMI stockholders deficit	`StockholdersEquity`	$-10.10B	USD	Point-in-time
Total PMI stockholders deficit	`StockholdersEquity`	$-10.11B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$1.90B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$1.90B	USD	Point-in-time
Total stockholders deficit	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-8.20B	USD	Point-in-time
Total stockholders deficit	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-8.21B	USD	Point-in-time
Total stockholders deficit	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-9.57B	USD	Point-in-time
Total stockholders deficit	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-10.63B	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS (DEFICIT) EQUITY	`LiabilitiesAndStockholdersEquity`	$41.73B	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS (DEFICIT) EQUITY	`LiabilitiesAndStockholdersEquity`	$41.29B	USD	Point-in-time

Income Statement 36 line items

Line Item	Tag	Value	Unit	Period
Revenues including excise taxes	`RevenueFromContractWithCustomerIncludingAssessedTax`	$19.34B	USD	1 Quarter
Revenues including excise taxes	`RevenueFromContractWithCustomerIncludingAssessedTax`	$19.36B	USD	1 Quarter
Excise taxes on products	`ExciseAndSalesTaxes`	$11.60B	USD	1 Quarter
Excise taxes on products	`ExciseAndSalesTaxes`	$11.77B	USD	1 Quarter
Net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$7.58B	USD	1 Quarter
Net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$7.75B	USD	1 Quarter
Cost of sales (Note 18)	`CostOfGoodsAndServicesSold`	$2.61B	USD	1 Quarter
Cost of sales (Note 18)	`CostOfGoodsAndServicesSold`	$2.27B	USD	1 Quarter
Gross profit	`GrossProfit`	$5.14B	USD	1 Quarter
Gross profit	`GrossProfit`	$5.31B	USD	1 Quarter
Marketing, administration and research costs (Notes 16 & 18)	`MarketingAdministrationAndResearchCosts`	$1.80B	USD	1 Quarter
Marketing, administration and research costs (Notes 16 & 18)	`MarketingAdministrationAndResearchCosts`	$1.85B	USD	1 Quarter
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$18.00M	USD	1 Quarter
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$38.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$3.30B	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$3.44B	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-167.00M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-154.00M	USD	1 Quarter
Pension and other employee benefit costs (Note 3)	`NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent`	$28.00M	USD	1 Quarter
Pension and other employee benefit costs (Note 3)	`NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent`	$4.00M	USD	1 Quarter
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$3.14B	USD	1 Quarter
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$3.25B	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$697.00M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$619.00M	USD	1 Quarter
Equity investments and securities (income)/loss, net	`IncomeLossFromEquityMethodInvestmentsAndEquitySecuritiesFVNI`	$43.00M	USD	1 Quarter
Equity investments and securities (income)/loss, net	`IncomeLossFromEquityMethodInvestmentsAndEquitySecuritiesFVNI`	$-56.00M	USD	1 Quarter
Net earnings	`ProfitLoss`	$2.46B	USD	1 Quarter
Net earnings	`ProfitLoss`	$2.60B	USD	1 Quarter
Net earnings attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$134.00M	USD	1 Quarter
Net earnings attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$177.00M	USD	1 Quarter
Net earnings attributable to PMI	`NetIncomeLoss`	$2.42B	USD	1 Quarter
Net earnings attributable to PMI	`NetIncomeLoss`	$2.33B	USD	1 Quarter
Basic earnings per share (in dollars per share)	`EarningsPerShareBasic`	$1.50	USD	1 Quarter
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`	$1.50	USD	1 Quarter

Cash Flow Statement 64 line items

Line Item	Tag	Value	Unit	Period
Restricted cash	`RestrictedCash`	$4.00M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$4.00M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$5.00M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$4.00M	USD	Point-in-time
Net earnings	`ProfitLoss`	$2.46B	USD	1 Quarter
Net earnings	`ProfitLoss`	$2.60B	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$253.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$245.00M	USD	1 Quarter
Deferred income tax (benefit) provision	`DeferredIncomeTaxExpenseBenefit`	$33.00M	USD	1 Quarter
Deferred income tax (benefit) provision	`DeferredIncomeTaxExpenseBenefit`	$-1.00M	USD	1 Quarter
Asset impairment and exit costs, net of cash paid (Note 16)	`RestructuringCostsAndAssetImpairmentCharges`	$-36.00M	USD	1 Quarter
Asset impairment and exit costs, net of cash paid (Note 16)	`RestructuringCostsAndAssetImpairmentCharges`	$-28.00M	USD	1 Quarter
Receivables, net	`IncreaseDecreaseInReceivables`	$427.00M	USD	1 Quarter
Receivables, net	`IncreaseDecreaseInReceivables`	$553.00M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$232.00M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$-305.00M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-67.00M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$14.00M	USD	1 Quarter
Accrued liabilities and other current assets	`IncreaseDecreaseInAccruedLiabilitiesAndOtherCurrentAssets`	$835.00M	USD	1 Quarter
Accrued liabilities and other current assets	`IncreaseDecreaseInAccruedLiabilitiesAndOtherCurrentAssets`	$2.11B	USD	1 Quarter
Income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-93.00M	USD	1 Quarter
Income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-91.00M	USD	1 Quarter
Pension plan contributions	`PensionContributions`	$30.00M	USD	1 Quarter
Pension plan contributions	`PensionContributions`	$34.00M	USD	1 Quarter
Other	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-16.00M	USD	1 Quarter
Other	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-162.00M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.12B	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$435.00M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$229.00M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$179.00M	USD	1 Quarter
Equity investments	`PaymentsToAcquireEquityMethodInvestments`	-	USD	1 Quarter
Equity investments	`PaymentsToAcquireEquityMethodInvestments`	$20.00M	USD	1 Quarter
Net investment hedges	`PaymentsForProceedsFromHedgeInvestingActivities`	$-199.00M	USD	1 Quarter
Net investment hedges	`PaymentsForProceedsFromHedgeInvestingActivities`	$-121.00M	USD	1 Quarter
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$68.00M	USD	1 Quarter
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$-35.00M	USD	1 Quarter
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$55.00M	USD	1 Quarter
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-196.00M	USD	1 Quarter
Net issuances (repayments) - maturities of 90 days or less	`ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess`	$1.92B	USD	1 Quarter
Net issuances (repayments) - maturities of 90 days or less	`ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess`	$-49.00M	USD	1 Quarter
Issuances - maturities longer than 90 days	`ProceedsFromShortTermDebtMaturingInMoreThanThreeMonths`	$305.00M	USD	1 Quarter
Issuances - maturities longer than 90 days	`ProceedsFromShortTermDebtMaturingInMoreThanThreeMonths`	-	USD	1 Quarter
Long-term debt repaid	`RepaymentsOfLongTermDebt`	$1.63B	USD	1 Quarter
Long-term debt repaid	`RepaymentsOfLongTermDebt`	$496.00M	USD	1 Quarter
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	1 Quarter
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$209.00M	USD	1 Quarter
Dividends paid	`PaymentsOfDividends`	$1.88B	USD	1 Quarter
Dividends paid	`PaymentsOfDividends`	$1.95B	USD	1 Quarter
Payments to noncontrolling interests and Other (Note 17)	`ProceedsFromPaymentsForOtherFinancingActivities`	$-265.00M	USD	1 Quarter
Payments to noncontrolling interests and Other (Note 17)	`ProceedsFromPaymentsForOtherFinancingActivities`	$-89.00M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-3.65B	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-701.00M	USD	1 Quarter
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-220.00M	USD	1 Quarter
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-95.00M	USD	1 Quarter
Increase (Decrease)	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-3.38B	USD	1 Quarter
Increase (Decrease)	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$126.00M	USD	1 Quarter
Balance at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.63B	USD	Point-in-time
Balance at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$7.29B	USD	Point-in-time
Balance at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.50B	USD	Point-in-time
Balance at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.91B	USD	Point-in-time
Balance at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.63B	USD	Point-in-time
Balance at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$7.29B	USD	Point-in-time
Balance at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.50B	USD	Point-in-time
Balance at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.91B	USD	Point-in-time

Stockholders Equity 22 line items

Line Item	Tag	Value	Unit	Period
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`	$-8.20B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-8.21B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-9.57B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-10.63B	USD	Point-in-time
Net earnings	`ProfitLoss`	$2.46B	USD	1 Quarter
Net earnings	`ProfitLoss`	$2.60B	USD	1 Quarter
Other comprehensive earnings (losses), net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$401.00M	USD	1 Quarter
Other comprehensive earnings (losses), net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-38.00M	USD	1 Quarter
Issuance of stock awards	`StockIssuedDuringPeriodValueShareBasedCompensation`	$34.00M	USD	1 Quarter
Issuance of stock awards	`StockIssuedDuringPeriodValueShareBasedCompensation`	$44.00M	USD	1 Quarter
Dividends declared	`DividendsCommonStock`	$1.88B	USD	1 Quarter
Dividends declared	`DividendsCommonStock`	$1.95B	USD	1 Quarter
Payments to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$105.00M	USD	1 Quarter
Payments to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$101.00M	USD	1 Quarter
Common stock repurchased	`TreasuryStockValueAcquiredCostMethod`	$199.00M	USD	1 Quarter
Other (Note 17)	`StockholdersEquityOther`	$211.00M	USD	1 Quarter
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-8.20B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-8.21B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-9.57B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-10.63B	USD	Point-in-time

Comprehensive Income 26 line items

Line Item	Tag	Value	Unit	Period
Change in foreign currency translation adjustments, unrealized gains (losses), tax	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$85.00M	USD	1 Quarter
Change in foreign currency translation adjustments, unrealized gains (losses), tax	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$31.00M	USD	1 Quarter
Net earnings	`ProfitLoss`	$2.46B	USD	1 Quarter
Net earnings	`ProfitLoss`	$2.60B	USD	1 Quarter
Amortization of net losses, prior service costs and net transition costs, tax	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax`	$13.00M	USD	1 Quarter
Amortization of net losses, prior service costs and net transition costs, tax	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax`	$18.00M	USD	1 Quarter
Change in fair value of derivatives accounted for as hedges, gains (losses) recognized, tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax`	$20.00M	USD	1 Quarter
Change in fair value of derivatives accounted for as hedges, gains (losses) recognized, tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax`	$14.00M	USD	1 Quarter
Unrealized gains (losses), net of income taxes	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-194.00M	USD	1 Quarter
Change in fair value of derivatives accounted for as hedges, (gains) losses transferred to earnings, tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax`	$2.00M	USD	1 Quarter
Change in fair value of derivatives accounted for as hedges, (gains) losses transferred to earnings, tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax`	-	USD	1 Quarter
Unrealized gains (losses), net of income taxes	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$223.00M	USD	1 Quarter
Amortization of net losses, prior service costs and net transition costs, net of income taxes	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax`	$81.00M	USD	1 Quarter
Amortization of net losses, prior service costs and net transition costs, net of income taxes	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax`	$55.00M	USD	1 Quarter
Gains (losses) recognized, net of income taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$110.00M	USD	1 Quarter
Gains (losses) recognized, net of income taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$76.00M	USD	1 Quarter
(Gains) losses transferred to earnings, net of income taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$9.00M	USD	1 Quarter
(Gains) losses transferred to earnings, net of income taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$-21.00M	USD	1 Quarter
Total other comprehensive earnings (losses)	`OtherComprehensiveIncomeLossNetOfTax`	$401.00M	USD	1 Quarter
Total other comprehensive earnings (losses)	`OtherComprehensiveIncomeLossNetOfTax`	$-38.00M	USD	1 Quarter
Total comprehensive earnings	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$3.00B	USD	1 Quarter
Total comprehensive earnings	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$2.43B	USD	1 Quarter
Noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$143.00M	USD	1 Quarter
Noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$279.00M	USD	1 Quarter
Comprehensive earnings attributable to PMI	`ComprehensiveIncomeNetOfTax`	$2.15B	USD	1 Quarter
Comprehensive earnings attributable to PMI	`ComprehensiveIncomeNetOfTax`	$2.85B	USD	1 Quarter

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