Philip Morris International Quarterly Balance Sheet
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At close: Oct 9, 4:00 PM ET · Delayed 15 min
Pre-market: 201.73 +0.27%
Philip Morris International financial position
As of Jun 30, 2026, Philip Morris International reported total assets of $68.27 billion, down 0.3% from a year earlier against total liabilities of $74.93 billion. Shareholders' equity was negative at -$8.58 billion, meaning liabilities exceed assets; this is often the result of large share buybacks or accumulated losses. The company held $6.00 billion in cash and equivalents against $49.11 billion of debt, a net debt position of $43.11 billion.
The current ratio (current assets divided by current liabilities) was 0.98, meaning short-term obligations exceed short-term assets.
Summary generated from market data by MetaCap's automated system. Methodology
Philip Morris International balance sheet (quarterly)
| Quarter (USD) | Q2 20262026-06-30 | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 6.00B | 5.45B | 4.87B | 4.04B | 4.14B | 4.44B | 4.22B | 4.26B | 4.81B | 3.97B | 3.06B | 3.02B |
| Receivables | 5.18B | 5.12B | 4.57B | 4.80B | 4.99B | 4.88B | 3.79B | 4.24B | 4.24B | 4.19B | 3.46B | 3.89B |
| Inventory | 11.44B | 11.39B | 11.48B | 10.27B | 10.73B | 10.13B | 9.45B | 9.36B | 9.38B | 9.97B | 10.77B | 9.64B |
| Total Current Assets | 26.01B | 25.60B | 24.36B | 22.66B | 23.36B | 22.20B | 20.17B | 20.80B | 21.03B | 20.87B | 19.75B | 19.19B |
| Property, Plant & Equipment | 8.31B | 8.26B | 8.40B | 8.12B | 8.04B | 7.53B | 7.31B | 7.55B | 7.26B | 7.20B | 7.52B | 6.88B |
| Goodwill | 16.92B | 17.07B | 17.26B | 17.18B | 17.23B | 16.86B | 16.60B | 17.14B | 16.82B | 16.46B | 16.78B | 16.51B |
| Intangible Assets | 10.18B | 10.51B | 10.88B | 11.15B | 11.38B | 11.35B | 11.33B | 11.92B | 12.17B | 9.45B | 9.86B | 9.58B |
| Long-Term Investments | 2.13B | 2.48B | 2.89B | 3.13B | 3.35B | 2.97B | 2.65B | 5.63B | 4.96B | 4.92B | 4.93B | 4.69B |
| Total Assets | 68.27B | 68.91B | 69.19B | 67.06B | 68.51B | 65.08B | 61.78B | 66.89B | 65.78B | 65.31B | 65.30B | 62.93B |
| Accounts Payable | 3.92B | 3.93B | 4.41B | 3.98B | 3.87B | 3.75B | 3.95B | 3.51B | 3.59B | 3.65B | 4.14B | 3.53B |
| Short-Term Debt | 6.75B | 8.14B | 3.70B | 8.22B | 9.03B | 10.80B | 3.53B | 4.99B | 4.49B | 5.70B | 6.67B | 4.80B |
| Total Current Liabilities | 26.54B | 26.22B | 25.43B | 26.72B | 28.15B | 28.09B | 22.91B | 23.37B | 22.42B | 22.17B | 26.38B | 21.55B |
| Long-Term Debt | 42.37B | 43.81B | 45.13B | 41.86B | 42.43B | 38.78B | 42.17B | 44.24B | 44.65B | 44.68B | 41.24B | 42.91B |
| Total Liabilities | 74.93B | 76.21B | 77.21B | 76.05B | 78.52B | 74.00B | 71.65B | 74.61B | 73.72B | 73.88B | 74.75B | 70.63B |
| Shareholders' Equity | -8.58B | -9.28B | -9.99B | -10.91B | -11.97B | -10.90B | -11.75B | -9.69B | -9.74B | -10.31B | -11.22B | -9.43B |
| Retained Earnings | 36.05B | 35.54B | 35.40B | 35.56B | 34.38B | 33.45B | 32.87B | 35.56B | 34.58B | 34.21B | 34.09B | 33.92B |
| Total Debt | 49.11B | 51.95B | 48.84B | 50.08B | 51.46B | 49.58B | 45.70B | 49.22B | 49.14B | 50.39B | 47.91B | 47.72B |
| Net Cash (Debt) | -43.11B | -46.50B | -43.96B | -46.05B | -47.32B | -45.14B | -41.48B | -44.96B | -44.33B | -46.42B | -44.85B | -44.70B |
This table shows 12 quarterly periods of Philip Morris International's balance sheet, from Q2 2026 back to Q3 2023, across 19 line items including cash & equivalents, receivables, inventory. Values in USD; B = billions, M = millions. Fiscal periods follow PM's reporting calendar. What is a balance sheet?