Philip Morris International Inc. (PM) FY2026 Q2 Balance Sheet

Balance Sheet

As of 2026-06-30

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Philip Morris International Inc. (PM) FY2026 Q2 Balance SheetBalance sheet as of 2026-06-30. The chart shows assets, liabilities and equity at that date.Current liabilities$26.54 BLiabilities$74.93 BCurrent assets$26.01 BAssets$68.27 BNon-current liabilities$48.39 BNon-current assets$42.27 BEquity−$6.66 BHOLDINGSASSET CLASSASSETSCLAIM CLASSCLAIM SUB-CLASSCLAIMSFinished productCash and cash equivalentsTrade receivables (less allowances of $64 in 2026 and $23 in 2025)Leaf tobaccoOther raw materialsOther current assetsOther receivables (less allowances of $24 in 2026 and $24 in 2025)Goodwill (Note 5)Other intangible assets, net (Note 5)Total property, plant and equipment, netOther assets (less allowances of $11 in 2026 and $12 in 2025)Equity investments (Note 13)Deferred income taxesTaxes, except income taxesAccounts payableCurrent portion of long-term debt (Note 11)Short-term borrowings (Note 11)OtherDividends payableMarketing and sellingEmployment costsIncome taxesLong-term debt (Note 11)Employment costsDeferred income taxesOther liabilitiesEarnings reinvested in the businessAdditional paid-in capitalNoncontrolling interestsLess: cost of repurchased stock (550,713,450 and 552,659,642 shares in 2026 and 2025, respectively)Accumulated other comprehensive losses (Note 12)Current assetsNon-current assetsAssetsCurrent liabilitiesNon-current liabilitiesLiabilitiesEquityTaxes, except income taxesTaxes, except income taxes$6.57 BAccounts payableAccounts payable$3.92 BCurrent portion of long-term debt (Note 11)Current portion of long-term debt (Note 11)$3.41 BCurrent liabilitiesCurrent liabilities$26.54 BShort-term borrowings (Note 11)Short-term borrowings (Note 11)$3.34 BOtherOther$3.27 BLiabilitiesLiabilities$74.93 BDividends payableDividends payable$2.31 BMarketing and sellingMarketing and selling$1.35 BFinished productFinished product$6.17 BEmployment costsEmployment costs$1.29 BCash and cash equivalentsCash and cash equivalents$6.00 BCurrent assetsCurrent assets$26.01 BIncome taxesIncome taxes$1.08 BTrade receivables (less allowances of $64 in 2026 and $23 in 2025)Trade receivables$5.18 BAssetsAssets$68.27 BNon-current liabilitiesNon-current liabilities$48.39 BLeaf tobaccoLeaf tobacco$2.64 BOther raw materialsOther raw materials$2.63 BLong-term debt (Note 11)Long-term debt (Note 11)$42.37 BOther current assetsOther current assets$2.10 BOther receivables (less allowances of $24 in 2026 and $24 in 2025)Other receivables$1.30 BEmployment costsEmployment costs$2.25 BNon-current assetsNon-current assets$42.27 BGoodwill (Note 5)Goodwill (Note 5)$16.92 BDeferred income taxesDeferred income taxes$2.06 BOther liabilitiesOther liabilities$1.71 BOther intangible assets, net (Note 5)Other intangible assets, net (Note 5)$10.18 BTotal property, plant and equipment, netTotal property, plant and equipment, net$8.31 BOther assets (less allowances of $11 in 2026 and $12 in 2025)Other assets$3.59 BEarnings reinvested in the businessEarnings reinvested in the business$36.06 BEquity investments (Note 13)Equity investments (Note 13)$2.13 BDeferred income taxesDeferred income taxes$1.14 BAdditional paid-in capitalAdditional paid-in capital$2.48 BEquityEquity−$6.66 BNoncontrolling interestsNoncontrolling interests$1.93 BLess: cost of repurchased stock (550,713,450 and 552,659,642 shares in 2026 and 2025, respectively)Less: cost of repurchased stock−$35.46 BAccumulated other comprehensive losses (Note 12)Accumulated other comprehensive losses (Note 12)−$11.66 B
Chart details

Philip Morris International Inc. (PM) FY2026 Q2 Balance Sheet

Balance sheet as of 2026-06-30. The chart shows assets, liabilities and equity at that date.

Assets
68,271,000,000 US dollars
Current assets
26,006,000,000 US dollars
Non-current assets
42,265,000,000 US dollars
Liabilities
74,928,000,000 US dollars
Current liabilities
26,542,000,000 US dollars
Non-current liabilities
48,386,000,000 US dollars
Equity
negative 6,657,000,000 US dollars
Noncontrolling interest
1,926,000,000 US dollars. Included in consolidated equity; this amount is not added again.
Less: accumulated depreciation
negative 11,243,000,000 US dollars. Part of Total property, plant and equipment, net, drawn as one net amount.
Property, plant and equipment, at cost
19,556,000,000 US dollars. Part of Total property, plant and equipment, net, drawn as one net amount.
Finished product
6,168,000,000 US dollars
Cash and cash equivalents
5,999,000,000 US dollars
Trade receivables (less allowances of $64 in 2026 and $23 in 2025)
5,179,000,000 US dollars
Leaf tobacco
2,639,000,000 US dollars
Other raw materials
2,629,000,000 US dollars
Other current assets
2,097,000,000 US dollars
Other receivables (less allowances of $24 in 2026 and $24 in 2025)
1,295,000,000 US dollars
Goodwill (Note 5)
16,917,000,000 US dollars
Other intangible assets, net (Note 5)
10,178,000,000 US dollars
Total property, plant and equipment, net
8,313,000,000 US dollars
Other assets (less allowances of $11 in 2026 and $12 in 2025)
3,590,000,000 US dollars
Equity investments (Note 13)
2,130,000,000 US dollars
Deferred income taxes
1,137,000,000 US dollars
Taxes, except income taxes
6,572,000,000 US dollars
Accounts payable
3,919,000,000 US dollars
Current portion of long-term debt (Note 11)
3,406,000,000 US dollars
Short-term borrowings (Note 11)
3,341,000,000 US dollars
Other
3,273,000,000 US dollars
Dividends payable
2,314,000,000 US dollars
Marketing and selling
1,348,000,000 US dollars
Employment costs
1,293,000,000 US dollars
Income taxes
1,076,000,000 US dollars
Long-term debt (Note 11)
42,366,000,000 US dollars
Employment costs
2,249,000,000 US dollars
Deferred income taxes
2,057,000,000 US dollars
Other liabilities
1,714,000,000 US dollars
Earnings reinvested in the business
36,055,000,000 US dollars
Additional paid-in capital
2,477,000,000 US dollars
Common stock, no par value (2,109,316,331 shares issued in 2026 and 2025)
0 US dollars
Noncontrolling interests
1,926,000,000 US dollars
Less: cost of repurchased stock (550,713,450 and 552,659,642 shares in 2026 and 2025, respectively)
negative 35,459,000,000 US dollars
Accumulated other comprehensive losses (Note 12)
negative 11,656,000,000 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.
Philip Morris International Inc. (PM) FY2026 Q2 Balance Sheet Sankey chart
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