10-Q Filing

PHILIP MORRIS INTERNATIONAL INC. CIK: 1413329 Q2 2022

Filing Information

Form Type	10-Q
Accession Number	`0001413329-22-000072`
Period End Date	20220630
Filing Date	20220729
Fiscal Year	2022
Fiscal Period	Q2
XBRL Instance	pm-20220630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 102 Income Statement 72 Cash Flow Statement 70 Stockholders Equity 38 Comprehensive Income 60

Balance Sheet 102 line items

Line Item	Tag	Value	Unit	Period
Trade receivables, allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$36.00M	USD	Point-in-time
Trade receivables, allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$70.00M	USD	Point-in-time
Other receivables, allowances	`AllowanceForDoubtfulOtherReceivablesCurrent`	$36.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.50B	USD	Point-in-time
Other receivables, allowances	`AllowanceForDoubtfulOtherReceivablesCurrent`	$34.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$5.04B	USD	Point-in-time
Trade receivables (less allowances of $36 in 2022 and $70 in 2021)	`AccountsReceivableNetCurrent`	$3.12B	USD	Point-in-time
Trade receivables (less allowances of $36 in 2022 and $70 in 2021)	`AccountsReceivableNetCurrent`	$3.82B	USD	Point-in-time
Other assets, allowances	`AllowanceForDoubtfulAccountsReceivableNoncurrent`	$20.00M	USD	Point-in-time
Other assets, allowances	`AllowanceForDoubtfulAccountsReceivableNoncurrent`	$21.00M	USD	Point-in-time
Common stock, issued (in shares)	`CommonStockSharesIssued`	2.11B	shares	Point-in-time
Common stock, issued (in shares)	`CommonStockSharesIssued`	2.11B	shares	Point-in-time
Other receivables (less allowances of $34 in 2022 and $36 in 2021)	`OtherReceivablesNetCurrent`	$771.00M	USD	Point-in-time
Other receivables (less allowances of $34 in 2022 and $36 in 2021)	`OtherReceivablesNetCurrent`	$817.00M	USD	Point-in-time
Repurchased stock (in shares)	`TreasuryStockShares`	559.17M	shares	Point-in-time
Repurchased stock (in shares)	`TreasuryStockShares`	559.15M	shares	Point-in-time
Leaf tobacco	`InventoryLeafTobacco`	$1.65B	USD	Point-in-time
Leaf tobacco	`InventoryLeafTobacco`	$1.64B	USD	Point-in-time
Other raw materials	`InventoryRawMaterialsNetOfReserves`	$1.78B	USD	Point-in-time
Other raw materials	`InventoryRawMaterialsNetOfReserves`	$1.65B	USD	Point-in-time
Finished product	`InventoryFinishedGoodsNetOfReserves`	$4.12B	USD	Point-in-time
Finished product	`InventoryFinishedGoodsNetOfReserves`	$5.43B	USD	Point-in-time
Total inventory, net	`InventoryNet`	$8.72B	USD	Point-in-time
Total inventory, net	`InventoryNet`	$7.55B	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$561.00M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$1.20B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$17.72B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$18.38B	USD	Point-in-time
Property, plant and equipment, at cost	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization`	$14.56B	USD	Point-in-time
Property, plant and equipment, at cost	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization`	$14.73B	USD	Point-in-time
Less: accumulated depreciation	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization`	$8.59B	USD	Point-in-time
Less: accumulated depreciation	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization`	$8.56B	USD	Point-in-time
Total property, plant and equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$5.96B	USD	Point-in-time
Total property, plant and equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$6.17B	USD	Point-in-time
Goodwill (Note 6)	`Goodwill`	$6.32B	USD	Point-in-time
Goodwill (Note 6)	`Goodwill`	$6.68B	USD	Point-in-time
Other intangible assets, net (Note 6)	`IntangibleAssetsNetExcludingGoodwill`	$2.66B	USD	Point-in-time
Other intangible assets, net (Note 6)	`IntangibleAssetsNetExcludingGoodwill`	$2.82B	USD	Point-in-time
Equity investments (Note 14)	`LongTermInvestments`	$4.46B	USD	Point-in-time
Equity investments (Note 14)	`LongTermInvestments`	$4.33B	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$714.00M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$895.00M	USD	Point-in-time
Other assets (less allowances of $20 in 2022 and $21 in 2021)	`OtherAssetsNoncurrent`	$2.55B	USD	Point-in-time
Other assets (less allowances of $20 in 2022 and $21 in 2021)	`OtherAssetsNoncurrent`	$2.60B	USD	Point-in-time
TOTAL ASSETS	`Assets`	$40.96B	USD	Point-in-time
TOTAL ASSETS	`Assets`	$41.29B	USD	Point-in-time
Short-term borrowings (Note 12)	`ShortTermBorrowings`	$225.00M	USD	Point-in-time
Short-term borrowings (Note 12)	`ShortTermBorrowings`	$1.56B	USD	Point-in-time
Current portion of long-term debt (Note 12)	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$2.80B	USD	Point-in-time
Current portion of long-term debt (Note 12)	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$4.15B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$3.33B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$3.28B	USD	Point-in-time
Marketing and selling	`AccruedMarketingCostsCurrent`	$811.00M	USD	Point-in-time
Marketing and selling	`AccruedMarketingCostsCurrent`	$739.00M	USD	Point-in-time
Taxes, except income taxes	`SalesAndExciseTaxPayableCurrent`	$5.26B	USD	Point-in-time
Taxes, except income taxes	`SalesAndExciseTaxPayableCurrent`	$6.32B	USD	Point-in-time
Employment costs	`EmployeeRelatedLiabilitiesCurrent`	$1.15B	USD	Point-in-time
Employment costs	`EmployeeRelatedLiabilitiesCurrent`	$911.00M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$1.96B	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$1.96B	USD	Point-in-time
Other	`OtherAccruedLiabilitiesCurrent`	$1.86B	USD	Point-in-time
Other	`OtherAccruedLiabilitiesCurrent`	$1.64B	USD	Point-in-time
Income taxes	`AccruedIncomeTaxesCurrent`	$1.02B	USD	Point-in-time
Income taxes	`AccruedIncomeTaxesCurrent`	$830.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$19.25B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$20.55B	USD	Point-in-time
Long-term debt (Note 12)	`LongTermDebtAndCapitalLeaseObligations`	$24.78B	USD	Point-in-time
Long-term debt (Note 12)	`LongTermDebtAndCapitalLeaseObligations`	$22.34B	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$726.00M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$856.00M	USD	Point-in-time
Employment costs	`PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesNoncurrent`	$2.97B	USD	Point-in-time
Employment costs	`PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesNoncurrent`	$2.75B	USD	Point-in-time
Income taxes and other liabilities	`IncomeTaxesAndOtherLiabilitiesNoncurrent`	$1.72B	USD	Point-in-time
Income taxes and other liabilities	`IncomeTaxesAndOtherLiabilitiesNoncurrent`	$1.77B	USD	Point-in-time
Total liabilities	`Liabilities`	$49.50B	USD	Point-in-time
Total liabilities	`Liabilities`	$48.22B	USD	Point-in-time
Contingencies (Note 10)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Contingencies (Note 10)	`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`	$2.17B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$2.23B	USD	Point-in-time
Earnings reinvested in the business	`RetainedEarningsAccumulatedDeficit`	$33.08B	USD	Point-in-time
Earnings reinvested in the business	`RetainedEarningsAccumulatedDeficit`	$33.76B	USD	Point-in-time
Accumulated other comprehensive losses	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-9.58B	USD	Point-in-time
Accumulated other comprehensive losses	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-9.04B	USD	Point-in-time
Total stockholders' equity before treasury stock	`StockholdersEquityBeforeTreasuryStock`	$26.88B	USD	Point-in-time
Total stockholders' equity before treasury stock	`StockholdersEquityBeforeTreasuryStock`	$25.73B	USD	Point-in-time
Less: cost of repurchased stock (559,171,010 and 559,146,338 shares in 2022 and 2021, respectively)	`TreasuryStockValue`	$35.84B	USD	Point-in-time
Less: cost of repurchased stock (559,171,010 and 559,146,338 shares in 2022 and 2021, respectively)	`TreasuryStockValue`	$35.92B	USD	Point-in-time
Total PMI stockholders deficit	`StockholdersEquity`	$-10.11B	USD	Point-in-time
Total PMI stockholders deficit	`StockholdersEquity`	$-9.04B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$1.78B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$1.90B	USD	Point-in-time
Total stockholders deficit	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-9.20B	USD	Point-in-time
Total stockholders deficit	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-9.57B	USD	Point-in-time
Total stockholders deficit	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-8.20B	USD	Point-in-time
Total stockholders deficit	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-7.26B	USD	Point-in-time
Total stockholders deficit	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-8.21B	USD	Point-in-time
Total stockholders deficit	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-10.63B	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS (DEFICIT) EQUITY	`LiabilitiesAndStockholdersEquity`	$41.29B	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS (DEFICIT) EQUITY	`LiabilitiesAndStockholdersEquity`	$40.96B	USD	Point-in-time

Income Statement 72 line items

Line Item	Tag	Value	Unit	Period
Revenues including excise taxes	`RevenueFromContractWithCustomerIncludingAssessedTax`	$39.75B	USD	2 Qtrs
Revenues including excise taxes	`RevenueFromContractWithCustomerIncludingAssessedTax`	$20.42B	USD	1 Quarter
Revenues including excise taxes	`RevenueFromContractWithCustomerIncludingAssessedTax`	$39.78B	USD	2 Qtrs
Revenues including excise taxes	`RevenueFromContractWithCustomerIncludingAssessedTax`	$20.41B	USD	1 Quarter
Excise taxes on products	`ExciseAndSalesTaxes`	$12.83B	USD	1 Quarter
Excise taxes on products	`ExciseAndSalesTaxes`	$12.58B	USD	1 Quarter
Excise taxes on products	`ExciseAndSalesTaxes`	$24.60B	USD	2 Qtrs
Excise taxes on products	`ExciseAndSalesTaxes`	$24.17B	USD	2 Qtrs
Net revenues (Note 10)	`RevenueFromContractWithCustomerExcludingAssessedTax`	$7.83B	USD	1 Quarter
Net revenues (Note 10)	`RevenueFromContractWithCustomerExcludingAssessedTax`	$15.18B	USD	2 Qtrs
Net revenues (Note 10)	`RevenueFromContractWithCustomerExcludingAssessedTax`	$7.59B	USD	1 Quarter
Net revenues (Note 10)	`RevenueFromContractWithCustomerExcludingAssessedTax`	$15.58B	USD	2 Qtrs
Cost of sales (Note 3)	`CostOfGoodsAndServicesSold`	$5.26B	USD	2 Qtrs
Cost of sales (Note 3)	`CostOfGoodsAndServicesSold`	$4.63B	USD	2 Qtrs
Cost of sales (Note 3)	`CostOfGoodsAndServicesSold`	$2.65B	USD	1 Quarter
Cost of sales (Note 3)	`CostOfGoodsAndServicesSold`	$2.35B	USD	1 Quarter
Gross profit	`GrossProfit`	$10.32B	USD	2 Qtrs
Gross profit	`GrossProfit`	$10.55B	USD	2 Qtrs
Gross profit	`GrossProfit`	$5.24B	USD	1 Quarter
Gross profit	`GrossProfit`	$5.18B	USD	1 Quarter
Marketing, administration and research costs (Notes 3 & 17)	`MarketingAdministrationAndResearchCosts`	$3.94B	USD	2 Qtrs
Marketing, administration and research costs (Notes 3 & 17)	`MarketingAdministrationAndResearchCosts`	$2.09B	USD	1 Quarter
Marketing, administration and research costs (Notes 3 & 17)	`MarketingAdministrationAndResearchCosts`	$2.09B	USD	1 Quarter
Marketing, administration and research costs (Notes 3 & 17)	`MarketingAdministrationAndResearchCosts`	$3.89B	USD	2 Qtrs
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$36.00M	USD	1 Quarter
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$74.00M	USD	2 Qtrs
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$19.00M	USD	1 Quarter
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$37.00M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$6.57B	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$3.13B	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$3.06B	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$6.35B	USD	2 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-161.00M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-126.00M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-328.00M	USD	2 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-280.00M	USD	2 Qtrs
Pension and other employee benefit costs (Note 5)	`NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent`	$9.00M	USD	2 Qtrs
Pension and other employee benefit costs (Note 5)	`NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent`	$5.00M	USD	1 Quarter
Pension and other employee benefit costs (Note 5)	`NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent`	$27.00M	USD	1 Quarter
Pension and other employee benefit costs (Note 5)	`NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent`	$55.00M	USD	2 Qtrs
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$6.19B	USD	2 Qtrs
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$6.07B	USD	2 Qtrs
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$2.92B	USD	1 Quarter
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$2.94B	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$646.00M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$594.00M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$1.21B	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$1.34B	USD	2 Qtrs
Equity investments and securities (income)/loss, net	`IncomeLossFromEquityMethodInvestmentsAndEquitySecuritiesFVNI`	$15.00M	USD	1 Quarter
Equity investments and securities (income)/loss, net	`IncomeLossFromEquityMethodInvestmentsAndEquitySecuritiesFVNI`	$3.00M	USD	1 Quarter
Equity investments and securities (income)/loss, net	`IncomeLossFromEquityMethodInvestmentsAndEquitySecuritiesFVNI`	$-41.00M	USD	2 Qtrs
Equity investments and securities (income)/loss, net	`IncomeLossFromEquityMethodInvestmentsAndEquitySecuritiesFVNI`	$46.00M	USD	2 Qtrs
Net earnings	`ProfitLoss`	$2.35B	USD	1 Quarter
Net earnings	`ProfitLoss`	$2.30B	USD	1 Quarter
Net earnings	`ProfitLoss`	$4.89B	USD	2 Qtrs
Net earnings	`ProfitLoss`	$4.81B	USD	2 Qtrs
Net earnings attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$303.00M	USD	2 Qtrs
Net earnings attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$113.00M	USD	1 Quarter
Net earnings attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$247.00M	USD	2 Qtrs
Net earnings attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$126.00M	USD	1 Quarter
Net earnings attributable to PMI	`NetIncomeLoss`	$4.59B	USD	2 Qtrs
Net earnings attributable to PMI	`NetIncomeLoss`	$2.23B	USD	1 Quarter
Net earnings attributable to PMI	`NetIncomeLoss`	$4.56B	USD	2 Qtrs
Net earnings attributable to PMI	`NetIncomeLoss`	$2.17B	USD	1 Quarter
Basic earnings per share (in dollars per share)	`EarningsPerShareBasic`	$1.44	USD	1 Quarter
Basic earnings per share (in dollars per share)	`EarningsPerShareBasic`	$2.94	USD	2 Qtrs
Basic earnings per share (in dollars per share)	`EarningsPerShareBasic`	$2.94	USD	2 Qtrs
Basic earnings per share (in dollars per share)	`EarningsPerShareBasic`	$1.39	USD	1 Quarter
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$2.93	USD	2 Qtrs
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$1.39	USD	1 Quarter
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$2.93	USD	2 Qtrs
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$1.43	USD	1 Quarter

Cash Flow Statement 70 line items

Line Item	Tag	Value	Unit	Period
Restricted cash	`RestrictedCash`	$4.00M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$7.00M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$5.00M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$5.00M	USD	Point-in-time
Net earnings	`ProfitLoss`	$2.35B	USD	1 Quarter
Net earnings	`ProfitLoss`	$2.30B	USD	1 Quarter
Net earnings	`ProfitLoss`	$4.89B	USD	2 Qtrs
Net earnings	`ProfitLoss`	$4.81B	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$540.00M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$484.00M	USD	2 Qtrs
Deferred income tax (benefit) provision	`DeferredIncomeTaxExpenseBenefit`	$2.00M	USD	2 Qtrs
Deferred income tax (benefit) provision	`DeferredIncomeTaxExpenseBenefit`	$-88.00M	USD	2 Qtrs
Asset impairment and exit costs, net of cash paid (Note 17)	`RestructuringCostsAndAssetImpairmentCharges`	$-26.00M	USD	2 Qtrs
Asset impairment and exit costs, net of cash paid (Note 17)	`RestructuringCostsAndAssetImpairmentCharges`	$-47.00M	USD	2 Qtrs
Receivables, net	`IncreaseDecreaseInReceivables`	$627.00M	USD	2 Qtrs
Receivables, net	`IncreaseDecreaseInReceivables`	$627.00M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-867.00M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-767.00M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$174.00M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-16.00M	USD	2 Qtrs
Accrued liabilities and other current assets	`IncreaseDecreaseInAccruedLiabilitiesAndOtherCurrentAssets`	$869.00M	USD	2 Qtrs
Accrued liabilities and other current assets	`IncreaseDecreaseInAccruedLiabilitiesAndOtherCurrentAssets`	$940.00M	USD	2 Qtrs
Income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-424.00M	USD	2 Qtrs
Income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-459.00M	USD	2 Qtrs
Pension plan contributions, net of refunds (Note 5)	`PensionPlanContributionsNetOfRefunds`	$63.00M	USD	2 Qtrs
Pension plan contributions, net of refunds (Note 5)	`PensionContributions`	$197.00M	USD	2 Qtrs
Other	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-242.00M	USD	2 Qtrs
Other	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-184.00M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$4.07B	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$4.64B	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$478.00M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$307.00M	USD	2 Qtrs
Acquisitions, net of acquired cash (Note 2)	`PaymentsToAcquireBusinessesAndAssetsNetOfCashAcquired`	$27.00M	USD	2 Qtrs
Acquisitions, net of acquired cash (Note 2)	`PaymentsToAcquireBusinessesAndAssetsNetOfCashAcquired`	-	USD	2 Qtrs
Equity investments	`PaymentsToAcquireEquityMethodInvestments`	$20.00M	USD	2 Qtrs
Equity investments	`PaymentsToAcquireEquityMethodInvestments`	-	USD	2 Qtrs
Net investment hedges and other derivatives (Note 7)	`PaymentsForProceedsFromHedgeInvestingActivities`	$-147.00M	USD	2 Qtrs
Net investment hedges and other derivatives (Note 7)	`PaymentsForProceedsFromHedgeInvestingActivities`	$-514.00M	USD	2 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$71.00M	USD	2 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$-59.00M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-55.00M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-128.00M	USD	2 Qtrs
Net issuances (repayments) - maturities of 90 days or less	`ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess`	$-108.00M	USD	2 Qtrs
Net issuances (repayments) - maturities of 90 days or less	`ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess`	$565.00M	USD	2 Qtrs
Issuances - maturities longer than 90 days	`ProceedsFromShortTermDebtMaturingInMoreThanThreeMonths`	$795.00M	USD	2 Qtrs
Issuances - maturities longer than 90 days	`ProceedsFromShortTermDebtMaturingInMoreThanThreeMonths`	-	USD	2 Qtrs
Repayments - maturities longer than 90 days	`RepaymentsOfShortTermDebtMaturingInMoreThanThreeMonths`	$15.00M	USD	2 Qtrs
Repayments - maturities longer than 90 days	`RepaymentsOfShortTermDebtMaturingInMoreThanThreeMonths`	-	USD	2 Qtrs
Long-term debt repaid	`RepaymentsOfLongTermDebt`	$497.00M	USD	2 Qtrs
Long-term debt repaid	`RepaymentsOfLongTermDebt`	$1.98B	USD	2 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$209.00M	USD	2 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	2 Qtrs
Dividends paid	`PaymentsOfDividends`	$3.90B	USD	2 Qtrs
Dividends paid	`PaymentsOfDividends`	$3.75B	USD	2 Qtrs
Payments to noncontrolling interests and Other (Note 2)	`ProceedsFromPaymentsForOtherFinancingActivities`	$-542.00M	USD	2 Qtrs
Payments to noncontrolling interests and Other (Note 2)	`ProceedsFromPaymentsForOtherFinancingActivities`	$-284.00M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-3.80B	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-6.12B	USD	2 Qtrs
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-244.00M	USD	2 Qtrs
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-179.00M	USD	2 Qtrs
Increase (Decrease)	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-2.37B	USD	2 Qtrs
Increase (Decrease)	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$543.00M	USD	2 Qtrs
Balance at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.50B	USD	Point-in-time
Balance at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$7.29B	USD	Point-in-time
Balance at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.92B	USD	Point-in-time
Balance at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$5.04B	USD	Point-in-time
Balance at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.50B	USD	Point-in-time
Balance at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$7.29B	USD	Point-in-time
Balance at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.92B	USD	Point-in-time
Balance at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$5.04B	USD	Point-in-time

Stockholders Equity 38 line items

Line Item	Tag	Value	Unit	Period
Dividends declared (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$2.50	USD	2 Qtrs
Dividends declared (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$1.20	USD	1 Quarter
Dividends declared (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$1.25	USD	1 Quarter
Dividends declared (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$2.40	USD	2 Qtrs
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-9.20B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-9.57B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-8.20B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-7.26B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-8.21B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-10.63B	USD	Point-in-time
Net earnings	`ProfitLoss`	$2.35B	USD	1 Quarter
Net earnings	`ProfitLoss`	$2.30B	USD	1 Quarter
Net earnings	`ProfitLoss`	$4.89B	USD	2 Qtrs
Net earnings	`ProfitLoss`	$4.81B	USD	2 Qtrs
Other comprehensive earnings (losses), net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$649.00M	USD	1 Quarter
Other comprehensive earnings (losses), net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$611.00M	USD	2 Qtrs
Other comprehensive earnings (losses), net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$488.00M	USD	2 Qtrs
Other comprehensive earnings (losses), net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$87.00M	USD	1 Quarter
Issuance of stock awards	`StockIssuedDuringPeriodValueShareBasedCompensation`	$111.00M	USD	2 Qtrs
Issuance of stock awards	`StockIssuedDuringPeriodValueShareBasedCompensation`	$84.00M	USD	2 Qtrs
Issuance of stock awards	`StockIssuedDuringPeriodValueShareBasedCompensation`	$67.00M	USD	1 Quarter
Issuance of stock awards	`StockIssuedDuringPeriodValueShareBasedCompensation`	$50.00M	USD	1 Quarter
Dividends declared	`DividendsCommonStock`	$1.89B	USD	1 Quarter
Dividends declared	`DividendsCommonStock`	$3.89B	USD	2 Qtrs
Dividends declared	`DividendsCommonStock`	$3.76B	USD	2 Qtrs
Dividends declared	`DividendsCommonStock`	$1.95B	USD	1 Quarter
Payments to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$193.00M	USD	1 Quarter
Payments to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$298.00M	USD	2 Qtrs
Payments to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$257.00M	USD	2 Qtrs
Payments to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$156.00M	USD	1 Quarter
Common stock repurchased	`TreasuryStockValueAcquiredCostMethod`	$199.00M	USD	2 Qtrs
Other (Note 2)	`StockholdersEquityOther`	$211.00M	USD	2 Qtrs
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-9.20B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-9.57B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-8.20B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-7.26B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-8.21B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-10.63B	USD	Point-in-time

Comprehensive Income 60 line items

Line Item	Tag	Value	Unit	Period
Net earnings	`ProfitLoss`	$2.35B	USD	1 Quarter
Change in foreign currency translation adjustments, unrealized gains (losses), tax	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$-60.00M	USD	1 Quarter
Change in foreign currency translation adjustments, unrealized gains (losses), tax	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$182.00M	USD	2 Qtrs
Net earnings	`ProfitLoss`	$2.30B	USD	1 Quarter
Net earnings	`ProfitLoss`	$4.89B	USD	2 Qtrs
Change in foreign currency translation adjustments, unrealized gains (losses), tax	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$25.00M	USD	2 Qtrs
Net earnings	`ProfitLoss`	$4.81B	USD	2 Qtrs
Change in foreign currency translation adjustments, unrealized gains (losses), tax	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$151.00M	USD	1 Quarter
Net gains (losses) and prior service costs, tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansBeforeReclassificationAdjustmentsTax`	$36.00M	USD	2 Qtrs
Net gains (losses) and prior service costs, tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansBeforeReclassificationAdjustmentsTax`	$-5.00M	USD	2 Qtrs
Net gains (losses) and prior service costs, tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansBeforeReclassificationAdjustmentsTax`	$36.00M	USD	1 Quarter
Net gains (losses) and prior service costs, tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansBeforeReclassificationAdjustmentsTax`	$-5.00M	USD	1 Quarter
Amortization of net losses, prior service costs and net transition costs, tax	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax`	$18.00M	USD	1 Quarter
Amortization of net losses, prior service costs and net transition costs, tax	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax`	$36.00M	USD	2 Qtrs
Amortization of net losses, prior service costs and net transition costs, tax	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax`	$9.00M	USD	1 Quarter
Amortization of net losses, prior service costs and net transition costs, tax	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax`	$22.00M	USD	2 Qtrs
Cumulative foreign currency translation losses reflected in accumulated other comprehensive losses	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$227.00M	USD	2 Qtrs
Change in fair value of derivatives accounted for as hedges, gains (losses) recognized, tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax`	$12.00M	USD	2 Qtrs
Cumulative foreign currency translation losses reflected in accumulated other comprehensive losses	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$219.00M	USD	2 Qtrs
Change in fair value of derivatives accounted for as hedges, gains (losses) recognized, tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax`	$34.00M	USD	1 Quarter
Cumulative foreign currency translation losses reflected in accumulated other comprehensive losses	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$413.00M	USD	1 Quarter
Change in fair value of derivatives accounted for as hedges, gains (losses) recognized, tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax`	$54.00M	USD	2 Qtrs
Cumulative foreign currency translation losses reflected in accumulated other comprehensive losses	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$4.00M	USD	1 Quarter
Change in fair value of derivatives accounted for as hedges, gains (losses) recognized, tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax`	$-2.00M	USD	1 Quarter
Change in fair value of derivatives accounted for as hedges, (gains) losses transferred to earnings, tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax`	-	USD	2 Qtrs
Change in fair value of derivatives accounted for as hedges, (gains) losses transferred to earnings, tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax`	-	USD	1 Quarter
Change in fair value of derivatives accounted for as hedges, (gains) losses transferred to earnings, tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax`	$7.00M	USD	1 Quarter
Change in fair value of derivatives accounted for as hedges, (gains) losses transferred to earnings, tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax`	$9.00M	USD	2 Qtrs
Net gains (losses) and prior service costs, net of income taxes	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax`	$-20.00M	USD	2 Qtrs
Net gains (losses) and prior service costs, net of income taxes	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax`	$-36.00M	USD	2 Qtrs
Net gains (losses) and prior service costs, net of income taxes	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax`	$-20.00M	USD	1 Quarter
Net gains (losses) and prior service costs, net of income taxes	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax`	$-36.00M	USD	1 Quarter
Amortization of net losses, prior service costs and net transition costs, net of income taxes	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax`	$162.00M	USD	2 Qtrs
Amortization of net losses, prior service costs and net transition costs, net of income taxes	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax`	$55.00M	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`	$110.00M	USD	2 Qtrs
Gains (losses) recognized, net of income taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$301.00M	USD	2 Qtrs
Gains (losses) recognized, net of income taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$191.00M	USD	1 Quarter
Gains (losses) recognized, net of income taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$1.00M	USD	1 Quarter
Gains (losses) recognized, net of income taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$77.00M	USD	2 Qtrs
(Gains) losses transferred to earnings, net of income taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$55.00M	USD	2 Qtrs
(Gains) losses transferred to earnings, net of income taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$-2.00M	USD	2 Qtrs
(Gains) losses transferred to earnings, net of income taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$46.00M	USD	1 Quarter
(Gains) losses transferred to earnings, net of income taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$19.00M	USD	1 Quarter
Other comprehensive earnings (losses), net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$649.00M	USD	1 Quarter
Other comprehensive earnings (losses), net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$611.00M	USD	2 Qtrs
Other comprehensive earnings (losses), net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$488.00M	USD	2 Qtrs
Other comprehensive earnings (losses), net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$87.00M	USD	1 Quarter
Total comprehensive earnings	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$3.00B	USD	1 Quarter
Total comprehensive earnings	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$5.38B	USD	2 Qtrs
Total comprehensive earnings	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$2.38B	USD	1 Quarter
Total comprehensive earnings	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$5.42B	USD	2 Qtrs
Noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$45.00M	USD	1 Quarter
Noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$275.00M	USD	2 Qtrs
Noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$132.00M	USD	1 Quarter
Noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$324.00M	USD	2 Qtrs
Comprehensive earnings attributable to PMI	`ComprehensiveIncomeNetOfTax`	$2.25B	USD	1 Quarter
Comprehensive earnings attributable to PMI	`ComprehensiveIncomeNetOfTax`	$5.11B	USD	2 Qtrs
Comprehensive earnings attributable to PMI	`ComprehensiveIncomeNetOfTax`	$5.10B	USD	2 Qtrs
Comprehensive earnings attributable to PMI	`ComprehensiveIncomeNetOfTax`	$2.95B	USD	1 Quarter

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