10-Q Filing

PHILIP MORRIS INTERNATIONAL INC. CIK: 1413329 Q1 2023

Filing Information

Form Type	10-Q
Accession Number	`0001413329-23-000117`
Period End Date	20230331
Filing Date	20230426
Fiscal Year	2023
Fiscal Period	Q1
XBRL Instance	pm-20230331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 102 Income Statement 34 Cash Flow Statement 72 Stockholders Equity 23 Comprehensive Income 30

Balance Sheet 102 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.21B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.43B	USD	Point-in-time
Trade receivables (less allowances of $52 in 2023 and $42 in 2022) (1)	`AccountsReceivableNetCurrent`	$3.64B	USD	Point-in-time
Trade receivables (less allowances of $52 in 2023 and $42 in 2022) (1)	`AccountsReceivableNetCurrent`	$3.85B	USD	Point-in-time
Other receivables (less allowances of $33 in 2023 and $32 in 2022)	`OtherReceivablesNetCurrent`	$957.00M	USD	Point-in-time
Other receivables (less allowances of $33 in 2023 and $32 in 2022)	`OtherReceivablesNetCurrent`	$906.00M	USD	Point-in-time
Trade receivables, allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$42.00M	USD	Point-in-time
Trade receivables, allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$52.00M	USD	Point-in-time
Leaf tobacco	`InventoryLeafTobacco`	$1.67B	USD	Point-in-time
Leaf tobacco	`InventoryLeafTobacco`	$1.85B	USD	Point-in-time
Other receivables, allowances	`AllowanceForDoubtfulOtherReceivablesCurrent`	$33.00M	USD	Point-in-time
Other receivables, allowances	`AllowanceForDoubtfulOtherReceivablesCurrent`	$32.00M	USD	Point-in-time
Other raw materials	`InventoryRawMaterialsNetOfReserves`	$2.03B	USD	Point-in-time
Other raw materials	`InventoryRawMaterialsNetOfReserves`	$2.28B	USD	Point-in-time
Finished product	`InventoryFinishedGoodsNetOfReserves`	$6.18B	USD	Point-in-time
Other assets, allowances	`AllowanceForDoubtfulAccountsReceivableNoncurrent`	$20.00M	USD	Point-in-time
Finished product	`InventoryFinishedGoodsNetOfReserves`	$6.59B	USD	Point-in-time
Other assets, allowances	`AllowanceForDoubtfulAccountsReceivableNoncurrent`	$20.00M	USD	Point-in-time
Total inventory, net	`InventoryNet`	$10.71B	USD	Point-in-time
Common stock, issued (in shares)	`CommonStockSharesIssued`	2.11B	shares	Point-in-time
Total inventory, net	`InventoryNet`	$9.89B	USD	Point-in-time
Common stock, issued (in shares)	`CommonStockSharesIssued`	2.11B	shares	Point-in-time
Repurchased stock (in shares)	`TreasuryStockCommonShares`	557.16M	shares	Point-in-time
Repurchased stock (in shares)	`TreasuryStockCommonShares`	559.10M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$1.83B	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$1.77B	USD	Point-in-time
Trade receivables from related parties	`AccountsReceivableRelatedPartiesCurrent`	$688.00M	USD	Point-in-time
Trade receivables from related parties	`AccountsReceivableRelatedPartiesCurrent`	$708.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$19.57B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$19.62B	USD	Point-in-time
Property, plant and equipment, at cost	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization`	$15.44B	USD	Point-in-time
Property, plant and equipment, at cost	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization`	$15.78B	USD	Point-in-time
Less: accumulated depreciation	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization`	$8.73B	USD	Point-in-time
Less: accumulated depreciation	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization`	$8.99B	USD	Point-in-time
Total property, plant and equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$6.79B	USD	Point-in-time
Total property, plant and equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$6.71B	USD	Point-in-time
Goodwill (Note 6)	`Goodwill`	$19.87B	USD	Point-in-time
Goodwill (Note 6)	`Goodwill`	$19.66B	USD	Point-in-time
Other intangible assets, net (Note 6)	`IntangibleAssetsNetExcludingGoodwill`	$6.73B	USD	Point-in-time
Other intangible assets, net (Note 6)	`IntangibleAssetsNetExcludingGoodwill`	$6.73B	USD	Point-in-time
Equity investments (Note 14)	`LongTermInvestments`	$4.50B	USD	Point-in-time
Equity investments (Note 14)	`LongTermInvestments`	$4.43B	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$603.00M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$585.00M	USD	Point-in-time
Other assets (less allowances of $20 in 2023 and $20 in 2022) (Note 2)	`OtherAssetsNoncurrent`	$3.93B	USD	Point-in-time
Other assets (less allowances of $20 in 2023 and $20 in 2022) (Note 2)	`OtherAssetsNoncurrent`	$4.01B	USD	Point-in-time
TOTAL ASSETS	`Assets`	$62.06B	USD	Point-in-time
TOTAL ASSETS	`Assets`	$61.68B	USD	Point-in-time
Short-term borrowings (Note 12)	`ShortTermBorrowings`	$5.64B	USD	Point-in-time
Short-term borrowings (Note 12)	`ShortTermBorrowings`	$4.80B	USD	Point-in-time
Current portion of long-term debt (Note 12)	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$2.61B	USD	Point-in-time
Current portion of long-term debt (Note 12)	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$1.90B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$3.94B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$4.08B	USD	Point-in-time
Marketing and selling	`AccruedMarketingCostsCurrent`	$695.00M	USD	Point-in-time
Marketing and selling	`AccruedMarketingCostsCurrent`	$662.00M	USD	Point-in-time
Taxes, except income taxes	`SalesAndExciseTaxPayableCurrent`	$7.44B	USD	Point-in-time
Taxes, except income taxes	`SalesAndExciseTaxPayableCurrent`	$5.13B	USD	Point-in-time
Employment costs	`EmployeeRelatedLiabilitiesCurrent`	$1.17B	USD	Point-in-time
Employment costs	`EmployeeRelatedLiabilitiesCurrent`	$939.00M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$1.99B	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$1.99B	USD	Point-in-time
Other	`OtherAccruedLiabilitiesCurrent`	$2.67B	USD	Point-in-time
Other	`OtherAccruedLiabilitiesCurrent`	$2.68B	USD	Point-in-time
Income taxes	`AccruedIncomeTaxesCurrent`	$935.00M	USD	Point-in-time
Income taxes	`AccruedIncomeTaxesCurrent`	$1.04B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$22.98B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$27.34B	USD	Point-in-time
Long-term debt (Note 12)	`LongTermDebtAndCapitalLeaseObligations`	$40.42B	USD	Point-in-time
Long-term debt (Note 12)	`LongTermDebtAndCapitalLeaseObligations`	$34.88B	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$1.96B	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$1.82B	USD	Point-in-time
Employment costs	`PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesNoncurrent`	$1.98B	USD	Point-in-time
Employment costs	`PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesNoncurrent`	$1.98B	USD	Point-in-time
Income taxes and other liabilities	`IncomeTaxesAndOtherLiabilitiesNoncurrent`	$1.84B	USD	Point-in-time
Income taxes and other liabilities	`IncomeTaxesAndOtherLiabilitiesNoncurrent`	$1.91B	USD	Point-in-time
Total liabilities	`Liabilities`	$69.11B	USD	Point-in-time
Total liabilities	`Liabilities`	$67.99B	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 2023 and 2022)	`CommonStockValue`	-	USD	Point-in-time
Common stock, no par value (2,109,316,331 shares issued in 2023 and 2022)	`CommonStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$2.19B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$2.23B	USD	Point-in-time
Earnings reinvested in the business	`RetainedEarningsAccumulatedDeficit`	$34.30B	USD	Point-in-time
Earnings reinvested in the business	`RetainedEarningsAccumulatedDeficit`	$34.29B	USD	Point-in-time
Accumulated other comprehensive losses (Note 13)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-9.61B	USD	Point-in-time
Accumulated other comprehensive losses (Note 13)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-9.56B	USD	Point-in-time
Total stockholders' equity before treasury stock	`StockholdersEquityBeforeTreasuryStock`	$26.96B	USD	Point-in-time
Total stockholders' equity before treasury stock	`StockholdersEquityBeforeTreasuryStock`	$26.88B	USD	Point-in-time
Less: cost of repurchased stock (557,164,352 and 559,098,620 shares in 2023 and 2022, respectively)	`TreasuryStockValue`	$35.80B	USD	Point-in-time
Less: cost of repurchased stock (557,164,352 and 559,098,620 shares in 2023 and 2022, respectively)	`TreasuryStockValue`	$35.92B	USD	Point-in-time
Total PMI stockholders deficit	`StockholdersEquity`	$-8.96B	USD	Point-in-time
Total PMI stockholders deficit	`StockholdersEquity`	$-8.92B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$2.65B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$1.87B	USD	Point-in-time
Total stockholders deficit	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-6.31B	USD	Point-in-time
Total stockholders deficit	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-7.05B	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 LIABILITIES AND STOCKHOLDERS (DEFICIT) EQUITY	`LiabilitiesAndStockholdersEquity`	$62.06B	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS (DEFICIT) EQUITY	`LiabilitiesAndStockholdersEquity`	$61.68B	USD	Point-in-time

Income Statement 34 line items

Line Item	Tag	Value	Unit	Period
Revenues including excise taxes (includes $1,845 in 2023 and $1,629 in 2022 from related parties)	`RevenueFromContractWithCustomerIncludingAssessedTax`	$19.34B	USD	1 Quarter
Revenues including excise taxes (includes $1,845 in 2023 and $1,629 in 2022 from related parties)	`RevenueFromContractWithCustomerIncludingAssessedTax`	$19.32B	USD	1 Quarter
Excise taxes on products	`ExciseAndSalesTaxes`	$11.60B	USD	1 Quarter
Excise taxes on products	`ExciseAndSalesTaxes`	$11.30B	USD	1 Quarter
Net revenues (includes $873 in 2023 and $678 in 2022 from related parties) (Note 14)	`RevenueFromContractWithCustomerExcludingAssessedTax`	$7.75B	USD	1 Quarter
Net revenues (includes $873 in 2023 and $678 in 2022 from related parties) (Note 14)	`RevenueFromContractWithCustomerExcludingAssessedTax`	$8.02B	USD	1 Quarter
Cost of sales (Note 3)	`CostOfGoodsAndServicesSold`	$3.04B	USD	1 Quarter
Cost of sales (Note 3)	`CostOfGoodsAndServicesSold`	$2.61B	USD	1 Quarter
Gross profit	`GrossProfit`	$5.14B	USD	1 Quarter
Gross profit	`GrossProfit`	$4.98B	USD	1 Quarter
Marketing, administration and research costs (Notes 3 & 17)	`MarketingAdministrationAndResearchCosts`	$1.84B	USD	1 Quarter
Marketing, administration and research costs (Notes 3 & 17)	`MarketingAdministrationAndResearchCosts`	$2.25B	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$2.73B	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$3.30B	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-230.00M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-154.00M	USD	1 Quarter
Pension and other employee benefit costs (Note 5)	`NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent`	$4.00M	USD	1 Quarter
Pension and other employee benefit costs (Note 5)	`NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent`	$22.00M	USD	1 Quarter
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$2.48B	USD	1 Quarter
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$3.14B	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$428.00M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$619.00M	USD	1 Quarter
Equity investments and securities (income)/loss, net	`IncomeLossFromEquityMethodInvestmentsAndEquitySecuritiesFVNI`	$-56.00M	USD	1 Quarter
Equity investments and securities (income)/loss, net	`IncomeLossFromEquityMethodInvestmentsAndEquitySecuritiesFVNI`	$51.00M	USD	1 Quarter
Net earnings	`ProfitLoss`	$2.10B	USD	1 Quarter
Net earnings	`ProfitLoss`	$2.46B	USD	1 Quarter
Net earnings attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$107.00M	USD	1 Quarter
Net earnings attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$134.00M	USD	1 Quarter
Net earnings attributable to PMI	`NetIncomeLoss`	$2.00B	USD	1 Quarter
Net earnings attributable to PMI	`NetIncomeLoss`	$2.33B	USD	1 Quarter
Basic earnings per share (in dollars per share)	`EarningsPerShareBasic`	$1.28	USD	1 Quarter
Basic earnings per share (in dollars per share)	`EarningsPerShareBasic`	$1.50	USD	1 Quarter
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$1.50	USD	1 Quarter
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$1.28	USD	1 Quarter

Cash Flow Statement 72 line items

Line Item	Tag	Value	Unit	Period
Restricted cash	`RestrictedCash`	$18.00M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$4.00M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$4.00M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$10.00M	USD	Point-in-time
Net earnings	`ProfitLoss`	$2.10B	USD	1 Quarter
Net earnings	`ProfitLoss`	$2.46B	USD	1 Quarter
Receivables, net	`IncreaseDecreaseInReceivables`	$-245.00M	USD	1 Quarter
Receivables, net	`IncreaseDecreaseInReceivables`	$553.00M	USD	1 Quarter
Depreciation, amortization and impairment of intangibles	`DepreciationAmortizationAndImpairment`	$253.00M	USD	1 Quarter
Depreciation, amortization and impairment of intangibles	`DepreciationAmortizationAndImpairment`	$299.00M	USD	1 Quarter
Deferred income tax (benefit) provision	`DeferredIncomeTaxExpenseBenefit`	$-96.00M	USD	1 Quarter
Deferred income tax (benefit) provision	`DeferredIncomeTaxExpenseBenefit`	$-1.00M	USD	1 Quarter
Asset impairment and exit costs, net of cash paid (Note 17)	`RestructuringCostsAndAssetImpairmentCharges`	$-28.00M	USD	1 Quarter
Asset impairment and exit costs, net of cash paid (Note 17)	`RestructuringCostsAndAssetImpairmentCharges`	$102.00M	USD	1 Quarter
Receivables, net	`IncreaseDecreaseInReceivables`	$-245.00M	USD	1 Quarter
Receivables, net	`IncreaseDecreaseInReceivables`	$553.00M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$232.00M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$783.00M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$14.00M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-145.00M	USD	1 Quarter
Accrued liabilities and other current assets	`IncreaseDecreaseInAccruedLiabilitiesAndOtherCurrentAssets`	$835.00M	USD	1 Quarter
Accrued liabilities and other current assets	`IncreaseDecreaseInAccruedLiabilitiesAndOtherCurrentAssets`	$2.71B	USD	1 Quarter
Income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-88.00M	USD	1 Quarter
Income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-93.00M	USD	1 Quarter
Pension plan contributions (Note 5)	`PensionContributions`	$45.00M	USD	1 Quarter
Pension plan contributions (Note 5)	`PensionContributions`	$34.00M	USD	1 Quarter
Other	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-162.00M	USD	1 Quarter
Other	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-159.00M	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.12B	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-955.00M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$279.00M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$229.00M	USD	1 Quarter
Equity investments	`PaymentsToAcquireEquityMethodInvestments`	$20.00M	USD	1 Quarter
Equity investments	`PaymentsToAcquireEquityMethodInvestments`	$8.00M	USD	1 Quarter
Net investment hedges and other derivatives (Note 7)	`PaymentsForProceedsFromHedgeInvestingActivities`	$164.00M	USD	1 Quarter
Net investment hedges and other derivatives (Note 7)	`PaymentsForProceedsFromHedgeInvestingActivities`	$-121.00M	USD	1 Quarter
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$68.00M	USD	1 Quarter
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$140.00M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-196.00M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-591.00M	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`	$3.36B	USD	1 Quarter
Issuances - maturities longer than 90 days	`ProceedsFromShortTermDebtMaturingInMoreThanThreeMonths`	$305.00M	USD	1 Quarter
Issuances - maturities longer than 90 days	`ProceedsFromShortTermDebtMaturingInMoreThanThreeMonths`	$358.00M	USD	1 Quarter
Repayments - maturities longer than 90 days	`RepaymentsOfShortTermDebtMaturingInMoreThanThreeMonths`	-	USD	1 Quarter
Repayments - maturities longer than 90 days	`RepaymentsOfShortTermDebtMaturingInMoreThanThreeMonths`	$138.00M	USD	1 Quarter
Repayments under credit facilities related to Swedish Match AB acquisition	`RepaymentsOfLinesOfCredit`	-	USD	1 Quarter
Repayments under credit facilities related to Swedish Match AB acquisition	`RepaymentsOfLinesOfCredit`	$4.43B	USD	1 Quarter
Long-term debt proceeds	`ProceedsFromIssuanceOfLongTermDebt`	$5.20B	USD	1 Quarter
Long-term debt proceeds	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	1 Quarter
Long-term debt repaid	`RepaymentsOfLongTermDebt`	$682.00M	USD	1 Quarter
Long-term debt repaid	`RepaymentsOfLongTermDebt`	$496.00M	USD	1 Quarter
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$209.00M	USD	1 Quarter
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	1 Quarter
Dividends paid	`PaymentsOfDividends`	$1.95B	USD	1 Quarter
Dividends paid	`PaymentsOfDividends`	$1.99B	USD	1 Quarter
Noncontrolling interests activity and Other (Note 2)	`ProceedsFromPaymentsForOtherFinancingActivities`	$62.00M	USD	1 Quarter
Noncontrolling interests activity and Other (Note 2)	`ProceedsFromPaymentsForOtherFinancingActivities`	$-265.00M	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$864.00M	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-701.00M	USD	1 Quarter
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-89.00M	USD	1 Quarter
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-95.00M	USD	1 Quarter
Increase (Decrease)	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-771.00M	USD	1 Quarter
Increase (Decrease)	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$126.00M	USD	1 Quarter
Balance at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.50B	USD	Point-in-time
Balance at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.22B	USD	Point-in-time
Balance at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.63B	USD	Point-in-time
Balance at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.45B	USD	Point-in-time
Balance at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.50B	USD	Point-in-time
Balance at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.22B	USD	Point-in-time
Balance at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.63B	USD	Point-in-time
Balance at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.45B	USD	Point-in-time

Stockholders Equity 23 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
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-6.31B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-7.05B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-8.20B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-8.21B	USD	Point-in-time
Net earnings	`ProfitLoss`	$2.10B	USD	1 Quarter
Net earnings	`ProfitLoss`	$2.46B	USD	1 Quarter
Other comprehensive earnings (losses), net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-198.00M	USD	1 Quarter
Other comprehensive earnings (losses), net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-38.00M	USD	1 Quarter
Issuance of stock awards	`StockIssuedDuringPeriodValueShareBasedCompensation`	$53.00M	USD	1 Quarter
Issuance of stock awards	`StockIssuedDuringPeriodValueShareBasedCompensation`	$34.00M	USD	1 Quarter
Dividends declared	`DividendsCommonStock`	$1.98B	USD	1 Quarter
Dividends declared	`DividendsCommonStock`	$1.95B	USD	1 Quarter
Dividends paid to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$93.00M	USD	1 Quarter
Dividends paid to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$101.00M	USD	1 Quarter
Common stock repurchased	`TreasuryStockValueAcquiredCostMethod`	$199.00M	USD	1 Quarter
Purchase of subsidiary shares from noncontrolling interests (Note 2)	`MinorityInterestDecreaseFromRedemptions`	$211.00M	USD	1 Quarter
Sale (purchase) of subsidiary shares to/(from) noncontrolling interests (Note 2)	`NoncontrollingInterestIncreaseDecreaseFromRedemptionsOrPurchaseOfInterests`	$-625.00M	USD	1 Quarter
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-6.31B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-7.05B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-8.20B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-8.21B	USD	Point-in-time

Comprehensive Income 30 line items

Line Item	Tag	Value	Unit	Period
Change in foreign currency translation adjustments, unrealized gains (losses), tax	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$-52.00M	USD	1 Quarter
Net earnings	`ProfitLoss`	$2.10B	USD	1 Quarter
Net earnings	`ProfitLoss`	$2.46B	USD	1 Quarter
Change in foreign currency translation adjustments, unrealized gains (losses), tax	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$31.00M	USD	1 Quarter
Net gains (losses) and prior service costs, tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansBeforeReclassificationAdjustmentsTax`	$-1.00M	USD	1 Quarter
Net gains (losses) and prior service costs, tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansBeforeReclassificationAdjustmentsTax`	-	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`	$7.00M	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) recognized, tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax`	$16.00M	USD	1 Quarter
Unrealized gains (losses), net of income taxes	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-255.00M	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 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`	$6.00M	USD	1 Quarter
Net gains (losses) and prior service costs, net of income taxes	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax`	$-2.00M	USD	1 Quarter
Net gains (losses) and prior service costs, net of income taxes	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax`	-	USD	1 Quarter
Amortization of net losses, prior service costs and net transition costs, net of income taxes	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax`	$55.00M	USD	1 Quarter
Amortization of net losses, prior service costs and net transition costs, net of income taxes	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax`	$25.00M	USD	1 Quarter
Gains (losses) recognized, net of income taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$59.00M	USD	1 Quarter
Gains (losses) recognized, net of income taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$110.00M	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`	$29.00M	USD	1 Quarter
Other comprehensive earnings (losses), net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-198.00M	USD	1 Quarter
Other comprehensive earnings (losses), net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-38.00M	USD	1 Quarter
Total comprehensive earnings	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$2.43B	USD	1 Quarter
Total comprehensive earnings	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.90B	USD	1 Quarter
Noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$279.00M	USD	1 Quarter
Noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-36.00M	USD	1 Quarter
Comprehensive earnings attributable to PMI	`ComprehensiveIncomeNetOfTax`	$1.94B	USD	1 Quarter
Comprehensive earnings attributable to PMI	`ComprehensiveIncomeNetOfTax`	$2.15B	USD	1 Quarter

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