# Philip Morris International Inc. (PM) FY2026 Q1 Balance Sheet

- Company: Philip Morris International Inc. (PM)
- Period: As of 2026-03-31
- Filing: Q1 FY2026 10-Q, filed 2026-04-24, accession number 0001628280-26-027019
- Page: https://plicit.ai/financials/pm/fy2026-q1-balance-sheet
- Chart image: https://plicit.ai/charts/pm-fy2026-q1-balance-sheet-sankey.png

## Chart details

Balance sheet as of 2026-03-31. The chart shows assets, liabilities and equity at that date.

- **Assets**: 68,913,000,000 US dollars
- **Current assets**: 25,602,000,000 US dollars
- **Non-current assets**: 43,311,000,000 US dollars
- **Liabilities**: 76,213,000,000 US dollars
- **Current liabilities**: 26,222,000,000 US dollars
- **Non-current liabilities**: 49,991,000,000 US dollars
- **Equity**: negative 7,300,000,000 US dollars
- **Noncontrolling interest**: 1,979,000,000 US dollars. Included in consolidated equity; this amount is not added again.
- **Less: accumulated depreciation**: negative 11,193,000,000 US dollars. Part of Total property, plant and equipment, net, drawn as one net amount.
- **Property, plant and equipment, at cost**: 19,452,000,000 US dollars. Part of Total property, plant and equipment, net, drawn as one net amount.
- **Finished product**: 6,354,000,000 US dollars
- **Cash and cash equivalents**: 5,450,000,000 US dollars
- **Trade receivables (less allowances of $40 in 2026 and $23 in 2025)**: 5,120,000,000 US dollars
- **Leaf tobacco**: 2,565,000,000 US dollars
- **Other raw materials**: 2,473,000,000 US dollars
- **Other current assets**: 2,370,000,000 US dollars
- **Other receivables (less allowances of $24 in 2026 and $24 in 2025)**: 1,270,000,000 US dollars
- **Goodwill (Note 5)**: 17,069,000,000 US dollars
- **Other intangible assets, net (Note 5)**: 10,512,000,000 US dollars
- **Total property, plant and equipment, net**: 8,259,000,000 US dollars
- **Other assets (less allowances of $12 in 2026 and $12 in 2025)**: 3,796,000,000 US dollars
- **Equity investments (Note 13)**: 2,478,000,000 US dollars
- **Deferred income taxes**: 1,197,000,000 US dollars
- **Short-term borrowings (Note 11)**: 5,693,000,000 US dollars
- **Taxes, except income taxes**: 5,105,000,000 US dollars
- **Accounts payable**: 3,927,000,000 US dollars
- **Other**: 3,121,000,000 US dollars
- **Current portion of long-term debt (Note 11)**: 2,447,000,000 US dollars
- **Dividends payable**: 2,313,000,000 US dollars
- **Marketing and selling**: 1,298,000,000 US dollars
- **Employment costs**: 1,227,000,000 US dollars
- **Income taxes**: 1,091,000,000 US dollars
- **Long-term debt (Note 11)**: 43,808,000,000 US dollars
- **Employment costs**: 2,340,000,000 US dollars
- **Deferred income taxes**: 2,013,000,000 US dollars
- **Other liabilities**: 1,830,000,000 US dollars
- **Earnings reinvested in the business**: 35,538,000,000 US dollars
- **Additional paid-in capital**: 2,433,000,000 US dollars
- **Common stock, no par value (2,109,316,331 shares issued in 2026 and 2025)**: 0 US dollars
- **Noncontrolling interests**: 1,979,000,000 US dollars
- **Less: cost of repurchased stock (550,785,817 and 552,659,642 shares in 2026 and 2025, respectively)**: negative 35,462,000,000 US dollars
- **Accumulated other comprehensive losses (Note 12)**: negative 11,788,000,000 US dollars

### Chart connections

- Assets equal liabilities plus consolidated equity. Consolidated equity includes noncontrolling interests when reported.
- Treasury shares and other negative equity contributions reduce equity.