10-Q Filing

PHILIP MORRIS INTERNATIONAL INC. CIK: 1413329 Q3 2022

Filing Information

Form Type	10-Q
Accession Number	`0001413329-22-000114`
Period End Date	20220930
Filing Date	20221027
Fiscal Year	2022
Fiscal Period	Q3
XBRL Instance	pm-20220930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 102 Income Statement 68 Cash Flow Statement 70 Stockholders Equity 42 Comprehensive Income 60

Balance Sheet 102 line items

Line Item	Tag	Value	Unit	Period
Trade receivables, allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$70.00M	USD	Point-in-time
Trade receivables, allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$45.00M	USD	Point-in-time
Other receivables, allowances	`AllowanceForDoubtfulOtherReceivablesCurrent`	$36.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$5.37B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.50B	USD	Point-in-time
Other receivables, allowances	`AllowanceForDoubtfulOtherReceivablesCurrent`	$33.00M	USD	Point-in-time
Trade receivables (less allowances of $45 in 2022 and $70 in 2021)	`AccountsReceivableNetCurrent`	$3.86B	USD	Point-in-time
Other assets, allowances	`AllowanceForDoubtfulAccountsReceivableNoncurrent`	$21.00M	USD	Point-in-time
Trade receivables (less allowances of $45 in 2022 and $70 in 2021)	`AccountsReceivableNetCurrent`	$3.12B	USD	Point-in-time
Other assets, allowances	`AllowanceForDoubtfulAccountsReceivableNoncurrent`	$19.00M	USD	Point-in-time
Other receivables (less allowances of $33 in 2022 and $36 in 2021)	`OtherReceivablesNetCurrent`	$749.00M	USD	Point-in-time
Other receivables (less allowances of $33 in 2022 and $36 in 2021)	`OtherReceivablesNetCurrent`	$817.00M	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
Repurchased stock (in shares)	`TreasuryStockShares`	559.15M	shares	Point-in-time
Repurchased stock (in shares)	`TreasuryStockShares`	559.12M	shares	Point-in-time
Leaf tobacco	`InventoryLeafTobacco`	$1.44B	USD	Point-in-time
Leaf tobacco	`InventoryLeafTobacco`	$1.64B	USD	Point-in-time
Other raw materials	`InventoryRawMaterialsNetOfReserves`	$1.65B	USD	Point-in-time
Other raw materials	`InventoryRawMaterialsNetOfReserves`	$1.71B	USD	Point-in-time
Finished product	`InventoryFinishedGoodsNetOfReserves`	$4.00B	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`	$7.15B	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$1.90B	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`	$19.04B	USD	Point-in-time
Property, plant and equipment, at cost	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization`	$14.73B	USD	Point-in-time
Property, plant and equipment, at cost	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization`	$13.85B	USD	Point-in-time
Less: accumulated depreciation	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization`	$8.56B	USD	Point-in-time
Less: accumulated depreciation	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization`	$8.23B	USD	Point-in-time
Total property, plant and equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$6.17B	USD	Point-in-time
Total property, plant and equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$5.61B	USD	Point-in-time
Goodwill (Note 6)	`Goodwill`	$6.13B	USD	Point-in-time
Goodwill (Note 6)	`Goodwill`	$6.68B	USD	Point-in-time
Other intangible assets, net (Note 6)	`IntangibleAssetsNetExcludingGoodwill`	$2.22B	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`	$4.09B	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$682.00M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$895.00M	USD	Point-in-time
Other assets (less allowances of $19 in 2022 and $21 in 2021)	`OtherAssetsNoncurrent`	$2.95B	USD	Point-in-time
Other assets (less allowances of $19 in 2022 and $21 in 2021)	`OtherAssetsNoncurrent`	$2.55B	USD	Point-in-time
TOTAL ASSETS	`Assets`	$40.72B	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`	$2.82B	USD	Point-in-time
Current portion of long-term debt (Note 12)	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$2.64B	USD	Point-in-time
Current portion of long-term debt (Note 12)	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$2.80B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$3.34B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$3.33B	USD	Point-in-time
Marketing and selling	`AccruedMarketingCostsCurrent`	$700.00M	USD	Point-in-time
Marketing and selling	`AccruedMarketingCostsCurrent`	$811.00M	USD	Point-in-time
Taxes, except income taxes	`SalesAndExciseTaxPayableCurrent`	$6.32B	USD	Point-in-time
Taxes, except income taxes	`SalesAndExciseTaxPayableCurrent`	$5.00B	USD	Point-in-time
Employment costs	`EmployeeRelatedLiabilitiesCurrent`	$968.00M	USD	Point-in-time
Employment costs	`EmployeeRelatedLiabilitiesCurrent`	$1.15B	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$1.99B	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$1.96B	USD	Point-in-time
Other	`OtherAccruedLiabilitiesCurrent`	$1.64B	USD	Point-in-time
Other	`OtherAccruedLiabilitiesCurrent`	$2.27B	USD	Point-in-time
Income taxes	`AccruedIncomeTaxesCurrent`	$1.02B	USD	Point-in-time
Income taxes	`AccruedIncomeTaxesCurrent`	$1.04B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$20.77B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$19.25B	USD	Point-in-time
Long-term debt (Note 12)	`LongTermDebtAndCapitalLeaseObligations`	$21.76B	USD	Point-in-time
Long-term debt (Note 12)	`LongTermDebtAndCapitalLeaseObligations`	$24.78B	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$923.00M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$726.00M	USD	Point-in-time
Employment costs	`PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesNoncurrent`	$2.97B	USD	Point-in-time
Employment costs	`PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesNoncurrent`	$2.60B	USD	Point-in-time
Income taxes and other liabilities	`IncomeTaxesAndOtherLiabilitiesNoncurrent`	$2.07B	USD	Point-in-time
Income taxes and other liabilities	`IncomeTaxesAndOtherLiabilitiesNoncurrent`	$1.77B	USD	Point-in-time
Total liabilities	`Liabilities`	$48.12B	USD	Point-in-time
Total liabilities	`Liabilities`	$49.50B	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`	$2.20B	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`	$33.87B	USD	Point-in-time
Accumulated other comprehensive losses	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-9.29B	USD	Point-in-time
Accumulated other comprehensive losses	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-9.58B	USD	Point-in-time
Total stockholders' equity before treasury stock	`StockholdersEquityBeforeTreasuryStock`	$26.78B	USD	Point-in-time
Total stockholders' equity before treasury stock	`StockholdersEquityBeforeTreasuryStock`	$25.73B	USD	Point-in-time
Less: cost of repurchased stock (559,123,183 and 559,146,338 shares in 2022 and 2021, respectively)	`TreasuryStockValue`	$35.92B	USD	Point-in-time
Less: cost of repurchased stock (559,123,183 and 559,146,338 shares in 2022 and 2021, respectively)	`TreasuryStockValue`	$35.84B	USD	Point-in-time
Total PMI stockholders deficit	`StockholdersEquity`	$-9.14B	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`	$1.73B	USD	Point-in-time
Total stockholders deficit	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-7.26B	USD	Point-in-time
Total stockholders deficit	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-7.40B	USD	Point-in-time
Total stockholders deficit	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-8.63B	USD	Point-in-time
Total stockholders deficit	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-10.63B	USD	Point-in-time
Total stockholders deficit	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-9.20B	USD	Point-in-time
Total stockholders deficit	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-8.21B	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS (DEFICIT) EQUITY	`LiabilitiesAndStockholdersEquity`	$40.72B	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS (DEFICIT) EQUITY	`LiabilitiesAndStockholdersEquity`	$41.29B	USD	Point-in-time

Income Statement 68 line items

Line Item	Tag	Value	Unit	Period
Revenues including excise taxes	`RevenueFromContractWithCustomerIncludingAssessedTax`	$61.39B	USD	3 Qtrs
Revenues including excise taxes	`RevenueFromContractWithCustomerIncludingAssessedTax`	$60.64B	USD	3 Qtrs
Revenues including excise taxes	`RevenueFromContractWithCustomerIncludingAssessedTax`	$20.89B	USD	1 Quarter
Revenues including excise taxes	`RevenueFromContractWithCustomerIncludingAssessedTax`	$21.62B	USD	1 Quarter
Excise taxes on products	`ExciseAndSalesTaxes`	$12.86B	USD	1 Quarter
Excise taxes on products	`ExciseAndSalesTaxes`	$13.49B	USD	1 Quarter
Excise taxes on products	`ExciseAndSalesTaxes`	$37.03B	USD	3 Qtrs
Excise taxes on products	`ExciseAndSalesTaxes`	$38.09B	USD	3 Qtrs
Net revenues (Note 10)	`RevenueFromContractWithCustomerExcludingAssessedTax`	$8.03B	USD	1 Quarter
Net revenues (Note 10)	`RevenueFromContractWithCustomerExcludingAssessedTax`	$8.12B	USD	1 Quarter
Net revenues (Note 10)	`RevenueFromContractWithCustomerExcludingAssessedTax`	$23.30B	USD	3 Qtrs
Net revenues (Note 10)	`RevenueFromContractWithCustomerExcludingAssessedTax`	$23.61B	USD	3 Qtrs
Cost of sales (Notes 3 & 6)	`CostOfGoodsAndServicesSold`	$2.94B	USD	1 Quarter
Cost of sales (Notes 3 & 6)	`CostOfGoodsAndServicesSold`	$7.22B	USD	3 Qtrs
Cost of sales (Notes 3 & 6)	`CostOfGoodsAndServicesSold`	$8.19B	USD	3 Qtrs
Cost of sales (Notes 3 & 6)	`CostOfGoodsAndServicesSold`	$2.60B	USD	1 Quarter
Gross profit	`GrossProfit`	$5.53B	USD	1 Quarter
Gross profit	`GrossProfit`	$16.08B	USD	3 Qtrs
Gross profit	`GrossProfit`	$5.10B	USD	1 Quarter
Gross profit	`GrossProfit`	$15.42B	USD	3 Qtrs
Marketing, administration and research costs (Notes 3 & 17)	`MarketingAdministrationAndResearchCosts`	$6.10B	USD	3 Qtrs
Marketing, administration and research costs (Notes 3 & 17)	`MarketingAdministrationAndResearchCosts`	$2.07B	USD	1 Quarter
Marketing, administration and research costs (Notes 3 & 17)	`MarketingAdministrationAndResearchCosts`	$2.13B	USD	1 Quarter
Marketing, administration and research costs (Notes 3 & 17)	`MarketingAdministrationAndResearchCosts`	$6.05B	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$2.97B	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$10.03B	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$9.32B	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$3.46B	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-154.00M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-138.00M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-482.00M	USD	3 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-418.00M	USD	3 Qtrs
Pension and other employee benefit costs (Note 5)	`NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent`	$27.00M	USD	1 Quarter
Pension and other employee benefit costs (Note 5)	`NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent`	$82.00M	USD	3 Qtrs
Pension and other employee benefit costs (Note 5)	`NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent`	$7.00M	USD	1 Quarter
Pension and other employee benefit costs (Note 5)	`NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent`	$16.00M	USD	3 Qtrs
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$8.89B	USD	3 Qtrs
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$2.82B	USD	1 Quarter
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$3.27B	USD	1 Quarter
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$9.46B	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$735.00M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$2.08B	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$622.00M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$1.83B	USD	3 Qtrs
Equity investments and securities (income)/loss, net	`IncomeLossFromEquityMethodInvestmentsAndEquitySecuritiesFVNI`	$21.00M	USD	1 Quarter
Equity investments and securities (income)/loss, net	`IncomeLossFromEquityMethodInvestmentsAndEquitySecuritiesFVNI`	$-20.00M	USD	3 Qtrs
Equity investments and securities (income)/loss, net	`IncomeLossFromEquityMethodInvestmentsAndEquitySecuritiesFVNI`	$49.00M	USD	1 Quarter
Equity investments and securities (income)/loss, net	`IncomeLossFromEquityMethodInvestmentsAndEquitySecuritiesFVNI`	$95.00M	USD	3 Qtrs
Net earnings	`ProfitLoss`	$2.22B	USD	1 Quarter
Net earnings	`ProfitLoss`	$7.48B	USD	3 Qtrs
Net earnings	`ProfitLoss`	$2.59B	USD	1 Quarter
Net earnings	`ProfitLoss`	$7.03B	USD	3 Qtrs
Net earnings attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$465.00M	USD	3 Qtrs
Net earnings attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$135.00M	USD	1 Quarter
Net earnings attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$162.00M	USD	1 Quarter
Net earnings attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$382.00M	USD	3 Qtrs
Net earnings attributable to PMI	`NetIncomeLoss`	$6.65B	USD	3 Qtrs
Net earnings attributable to PMI	`NetIncomeLoss`	$2.09B	USD	1 Quarter
Net earnings attributable to PMI	`NetIncomeLoss`	$2.43B	USD	1 Quarter
Net earnings attributable to PMI	`NetIncomeLoss`	$7.02B	USD	3 Qtrs
Basic earnings per share (in dollars per share)	`EarningsPerShareBasic`	$1.34	USD	1 Quarter
Basic earnings per share (in dollars per share)	`EarningsPerShareBasic`	$1.55	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`	$4.28	USD	3 Qtrs
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$1.55	USD	1 Quarter
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$4.27	USD	3 Qtrs
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$1.34	USD	1 Quarter
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$4.48	USD	3 Qtrs

Cash Flow Statement 70 line items

Line Item	Tag	Value	Unit	Period
Restricted cash	`RestrictedCash`	$309.00M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$6.00M	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`	$2.22B	USD	1 Quarter
Net earnings	`ProfitLoss`	$7.48B	USD	3 Qtrs
Net earnings	`ProfitLoss`	$2.59B	USD	1 Quarter
Net earnings	`ProfitLoss`	$7.03B	USD	3 Qtrs
Depreciation, amortization and impairment of intangibles	`DepreciationAmortizationAndImpairment`	$898.00M	USD	3 Qtrs
Depreciation, amortization and impairment of intangibles	`DepreciationAmortizationAndImpairment`	$719.00M	USD	3 Qtrs
Deferred income tax (benefit) provision	`DeferredIncomeTaxExpenseBenefit`	$-18.00M	USD	3 Qtrs
Deferred income tax (benefit) provision	`DeferredIncomeTaxExpenseBenefit`	$-146.00M	USD	3 Qtrs
Asset impairment and exit costs, net of cash paid (Note 17)	`RestructuringCostsAndAssetImpairmentCharges`	$-34.00M	USD	3 Qtrs
Asset impairment and exit costs, net of cash paid (Note 17)	`RestructuringCostsAndAssetImpairmentCharges`	$-79.00M	USD	3 Qtrs
Receivables, net	`IncreaseDecreaseInReceivables`	$354.00M	USD	3 Qtrs
Receivables, net	`IncreaseDecreaseInReceivables`	$963.00M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-793.00M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-1.24B	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$275.00M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$165.00M	USD	3 Qtrs
Accrued liabilities and other current assets	`IncreaseDecreaseInAccruedLiabilitiesAndOtherCurrentAssets`	$1.02B	USD	3 Qtrs
Accrued liabilities and other current assets	`IncreaseDecreaseInAccruedLiabilitiesAndOtherCurrentAssets`	$326.00M	USD	3 Qtrs
Income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-264.00M	USD	3 Qtrs
Income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-190.00M	USD	3 Qtrs
Pension plan contributions, net of refunds (Note 5)	`PensionPlanContributionsNetOfRefunds`	$38.00M	USD	3 Qtrs
Pension plan contributions, net of refunds (Note 5)	`PensionContributions`	$219.00M	USD	3 Qtrs
Other	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-244.00M	USD	3 Qtrs
Other	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-377.00M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$7.93B	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$7.71B	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$730.00M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$459.00M	USD	3 Qtrs
Acquisitions, net of acquired cash (Note 2)	`PaymentsToAcquireBusinessesAndAssetsNetOfCashAcquired`	-	USD	3 Qtrs
Acquisitions, net of acquired cash (Note 2)	`PaymentsToAcquireBusinessesAndAssetsNetOfCashAcquired`	$1.87B	USD	3 Qtrs
Equity investments	`PaymentsToAcquireEquityMethodInvestments`	$26.00M	USD	3 Qtrs
Equity investments	`PaymentsToAcquireEquityMethodInvestments`	$20.00M	USD	3 Qtrs
Net investment hedges and other derivatives (Note 7)	`PaymentsForProceedsFromHedgeInvestingActivities`	$-634.00M	USD	3 Qtrs
Net investment hedges and other derivatives (Note 7)	`PaymentsForProceedsFromHedgeInvestingActivities`	$-278.00M	USD	3 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$35.00M	USD	3 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$-58.00M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-2.02B	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-151.00M	USD	3 Qtrs
Net issuances (repayments) - maturities of 90 days or less	`ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess`	$-18.00M	USD	3 Qtrs
Net issuances (repayments) - maturities of 90 days or less	`ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess`	$2.62B	USD	3 Qtrs
Issuances - maturities longer than 90 days	`ProceedsFromShortTermDebtMaturingInMoreThanThreeMonths`	$795.00M	USD	3 Qtrs
Issuances - maturities longer than 90 days	`ProceedsFromShortTermDebtMaturingInMoreThanThreeMonths`	-	USD	3 Qtrs
Repayments - maturities longer than 90 days	`RepaymentsOfShortTermDebtMaturingInMoreThanThreeMonths`	-	USD	3 Qtrs
Repayments - maturities longer than 90 days	`RepaymentsOfShortTermDebtMaturingInMoreThanThreeMonths`	$795.00M	USD	3 Qtrs
Long-term debt repaid	`RepaymentsOfLongTermDebt`	$1.98B	USD	3 Qtrs
Long-term debt repaid	`RepaymentsOfLongTermDebt`	$1.98B	USD	3 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$94.00M	USD	3 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$209.00M	USD	3 Qtrs
Dividends paid	`PaymentsOfDividends`	$5.63B	USD	3 Qtrs
Dividends paid	`PaymentsOfDividends`	$5.84B	USD	3 Qtrs
Payments to noncontrolling interests and Other (Note 2)	`ProceedsFromPaymentsForOtherFinancingActivities`	$-663.00M	USD	3 Qtrs
Payments to noncontrolling interests and Other (Note 2)	`ProceedsFromPaymentsForOtherFinancingActivities`	$-457.00M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-6.07B	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`	$-614.00M	USD	3 Qtrs
Increase (Decrease)	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$874.00M	USD	3 Qtrs
Increase (Decrease)	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-2.48B	USD	3 Qtrs
Balance at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.50B	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 beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$5.37B	USD	Point-in-time
Balance at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.50B	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
Balance at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$5.37B	USD	Point-in-time

Stockholders Equity 42 line items

Line Item	Tag	Value	Unit	Period
Dividends declared (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$1.27	USD	1 Quarter
Dividends declared (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$1.25	USD	1 Quarter
Dividends declared (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$3.77	USD	3 Qtrs
Dividends declared (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$3.65	USD	3 Qtrs
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-7.26B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-7.40B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-8.63B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-10.63B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-9.20B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-8.21B	USD	Point-in-time
Net earnings	`ProfitLoss`	$2.22B	USD	1 Quarter
Net earnings	`ProfitLoss`	$7.48B	USD	3 Qtrs
Net earnings	`ProfitLoss`	$2.59B	USD	1 Quarter
Net earnings	`ProfitLoss`	$7.03B	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`	$594.00M	USD	3 Qtrs
Other comprehensive earnings (losses), net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-319.00M	USD	1 Quarter
Other comprehensive earnings (losses), net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$292.00M	USD	3 Qtrs
Issuance of stock awards	`StockIssuedDuringPeriodValueShareBasedCompensation`	$41.00M	USD	1 Quarter
Issuance of stock awards	`StockIssuedDuringPeriodValueShareBasedCompensation`	$152.00M	USD	3 Qtrs
Issuance of stock awards	`StockIssuedDuringPeriodValueShareBasedCompensation`	$42.00M	USD	1 Quarter
Issuance of stock awards	`StockIssuedDuringPeriodValueShareBasedCompensation`	$126.00M	USD	3 Qtrs
Dividends declared	`DividendsCommonStock`	$1.98B	USD	1 Quarter
Dividends declared	`DividendsCommonStock`	$5.87B	USD	3 Qtrs
Dividends declared	`DividendsCommonStock`	$1.96B	USD	1 Quarter
Dividends declared	`DividendsCommonStock`	$5.72B	USD	3 Qtrs
Payments to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$459.00M	USD	3 Qtrs
Payments to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$111.00M	USD	1 Quarter
Payments to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$368.00M	USD	3 Qtrs
Payments to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$161.00M	USD	1 Quarter
Common stock repurchased	`TreasuryStockValueAcquiredCostMethod`	$199.00M	USD	3 Qtrs
Common stock repurchased	`TreasuryStockValueAcquiredCostMethod`	$94.00M	USD	3 Qtrs
Common stock repurchased	`TreasuryStockValueAcquiredCostMethod`	$94.00M	USD	1 Quarter
Acquisitions	`NoncontrollingInterestIncreaseFromBusinessCombination`	$44.00M	USD	3 Qtrs
Acquisitions	`NoncontrollingInterestIncreaseFromBusinessCombination`	$44.00M	USD	1 Quarter
Other (Note 2)	`StockholdersEquityOther`	$211.00M	USD	3 Qtrs
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-7.26B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-7.40B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-8.63B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-10.63B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-9.20B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-8.21B	USD	Point-in-time

Comprehensive Income 60 line items

Line Item	Tag	Value	Unit	Period
Change in foreign currency translation adjustments, unrealized gains (losses), tax	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$9.00M	USD	1 Quarter
Change in foreign currency translation adjustments, unrealized gains (losses), tax	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$340.00M	USD	3 Qtrs
Net earnings	`ProfitLoss`	$2.22B	USD	1 Quarter
Change in foreign currency translation adjustments, unrealized gains (losses), tax	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$158.00M	USD	1 Quarter
Net earnings	`ProfitLoss`	$7.48B	USD	3 Qtrs
Net earnings	`ProfitLoss`	$2.59B	USD	1 Quarter
Change in foreign currency translation adjustments, unrealized gains (losses), tax	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$34.00M	USD	3 Qtrs
Net earnings	`ProfitLoss`	$7.03B	USD	3 Qtrs
Net gains (losses) and prior service costs, tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansBeforeReclassificationAdjustmentsTax`	$-2.00M	USD	1 Quarter
Net gains (losses) and prior service costs, tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansBeforeReclassificationAdjustmentsTax`	$29.00M	USD	3 Qtrs
Net gains (losses) and prior service costs, tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansBeforeReclassificationAdjustmentsTax`	$-7.00M	USD	1 Quarter
Net gains (losses) and prior service costs, tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansBeforeReclassificationAdjustmentsTax`	$-7.00M	USD	3 Qtrs
Amortization of net losses, prior service costs and net transition costs, tax	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax`	$15.00M	USD	1 Quarter
Amortization of net losses, prior service costs and net transition costs, tax	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax`	$37.00M	USD	3 Qtrs
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`	$54.00M	USD	3 Qtrs
Cumulative foreign currency translation gains(losses) reflected in accumulated other comprehensive losses	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-571.00M	USD	1 Quarter
Cumulative foreign currency translation gains(losses) reflected in accumulated other comprehensive losses	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$245.00M	USD	3 Qtrs
Change in fair value of derivatives accounted for as hedges, gains (losses) recognized, tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax`	$15.00M	USD	3 Qtrs
Cumulative foreign currency translation gains(losses) reflected in accumulated other comprehensive losses	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-352.00M	USD	3 Qtrs
Change in fair value of derivatives accounted for as hedges, gains (losses) recognized, tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax`	$52.00M	USD	1 Quarter
Cumulative foreign currency translation gains(losses) reflected in accumulated other comprehensive losses	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$18.00M	USD	1 Quarter
Change in fair value of derivatives accounted for as hedges, gains (losses) recognized, tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax`	$3.00M	USD	1 Quarter
Change in fair value of derivatives accounted for as hedges, gains (losses) recognized, tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax`	$106.00M	USD	3 Qtrs
Change in fair value of derivatives accounted for as hedges, (gains) losses transferred to earnings, tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax`	$3.00M	USD	1 Quarter
Change in fair value of derivatives accounted for as hedges, (gains) losses transferred to earnings, tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax`	$9.00M	USD	1 Quarter
Change in fair value of derivatives accounted for as hedges, (gains) losses transferred to earnings, tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax`	$18.00M	USD	3 Qtrs
Change in fair value of derivatives accounted for as hedges, (gains) losses transferred to earnings, tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax`	$3.00M	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`	$-27.00M	USD	1 Quarter
Net gains (losses) and prior service costs, net of income taxes	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax`	$-63.00M	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`	$241.00M	USD	3 Qtrs
Amortization of net losses, prior service costs and net transition costs, net of income taxes	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax`	$54.00M	USD	1 Quarter
Amortization of net losses, prior service costs and net transition costs, net of income taxes	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax`	$164.00M	USD	3 Qtrs
Gains (losses) recognized, net of income taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$222.00M	USD	1 Quarter
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) recognized, net of income taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$523.00M	USD	3 Qtrs
(Gains) losses transferred to earnings, net of income taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$106.00M	USD	3 Qtrs
(Gains) losses transferred to earnings, net of income taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$6.00M	USD	1 Quarter
(Gains) losses transferred to earnings, net of income taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$51.00M	USD	1 Quarter
(Gains) losses transferred to earnings, net of income taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$4.00M	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`	$594.00M	USD	3 Qtrs
Other comprehensive earnings (losses), net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-319.00M	USD	1 Quarter
Other comprehensive earnings (losses), net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$292.00M	USD	3 Qtrs
Total comprehensive earnings	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$7.33B	USD	3 Qtrs
Total comprehensive earnings	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.90B	USD	1 Quarter
Total comprehensive earnings	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$2.69B	USD	1 Quarter
Total comprehensive earnings	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$8.07B	USD	3 Qtrs
Noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$385.00M	USD	3 Qtrs
Noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$123.00M	USD	1 Quarter
Noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$61.00M	USD	1 Quarter
Noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$398.00M	USD	3 Qtrs
Comprehensive earnings attributable to PMI	`ComprehensiveIncomeNetOfTax`	$6.94B	USD	3 Qtrs
Comprehensive earnings attributable to PMI	`ComprehensiveIncomeNetOfTax`	$1.84B	USD	1 Quarter
Comprehensive earnings attributable to PMI	`ComprehensiveIncomeNetOfTax`	$2.57B	USD	1 Quarter
Comprehensive earnings attributable to PMI	`ComprehensiveIncomeNetOfTax`	$7.68B	USD	3 Qtrs

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