Philip Morris International Q3 2024 10-Q Filed
Ticker: PM · Form: 10-Q · Filed: 2024-10-24T00:00:00.000Z
Sentiment: neutral
Topics: 10-Q, debt, financials
TL;DR
PM files Q3 10-Q. Debt maturities in focus.
AI Summary
Philip Morris International Inc. filed its 10-Q for the period ending September 30, 2024. The filing covers financial performance and operational details for the third quarter. Key financial instruments mentioned include various notes due in 2024, 2025, 2026, 2027, and 2028, indicating ongoing debt management and financing activities.
Why It Matters
This filing provides investors with the latest financial snapshot of Philip Morris International, crucial for understanding the company's performance and financial health in the current reporting period.
Risk Assessment
Risk Level: medium — The filing details various debt instruments, suggesting potential financial leverage and interest rate sensitivity risks.
Key Players & Entities
- Philip Morris International Inc. (company) — Filer of the 10-Q
- 2024-09-30 (date) — End of the reporting period
- 2024-10-24 (date) — Filing date
- pm:A0.625Notesdue2024Member (dollar_amount) — Debt instrument
- pm:A3.250Notesdue2024Member (dollar_amount) — Debt instrument
FAQ
What is the total value of the notes due in 2024?
The filing lists 'pm:A0.625Notesdue2024Member' and 'pm:A3.250Notesdue2024Member' but does not provide a total aggregate value for these notes within the provided text.
What is the fiscal year end for Philip Morris International?
The fiscal year end for Philip Morris International Inc. is December 31.
What is the primary industry classification for Philip Morris International?
Philip Morris International Inc. is classified under 'CIGARETTES [2111]'.
When was this 10-Q filing submitted to the SEC?
This 10-Q filing was submitted to the SEC on October 24, 2024.
What are some of the maturity dates for the notes mentioned in the filing?
The filing mentions notes due in 2024, 2025, 2026, 2027, and 2028.
From the Filing
0001413329-24-000172.txt : 20241024 0001413329-24-000172.hdr.sgml : 20241024 20241024080543 ACCESSION NUMBER: 0001413329-24-000172 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 125 CONFORMED PERIOD OF REPORT: 20240930 FILED AS OF DATE: 20241024 DATE AS OF CHANGE: 20241024 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Philip Morris International Inc. CENTRAL INDEX KEY: 0001413329 STANDARD INDUSTRIAL CLASSIFICATION: CIGARETTES [2111] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 133435103 STATE OF INCORPORATION: VA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-33708 FILM NUMBER: 241390785 BUSINESS ADDRESS: STREET 1: 677 WASHINGTON BLVD, STE. 1100 CITY: STAMFORD STATE: CT ZIP: 06901 BUSINESS PHONE: 203-905-2410 MAIL ADDRESS: STREET 1: 677 WASHINGTON BLVD, STE. 1100 CITY: STAMFORD STATE: CT ZIP: 06901 10-Q 1 pm-20240930.htm 10-Q pm-20240930 0001413329 12/31 2024 Q3 FALSE http://fasb.org/us-gaap/2024#InterestIncomeExpenseNonoperatingNet http://fasb.org/us-gaap/2024#InterestIncomeExpenseNonoperatingNet xbrli:shares iso4217:USD iso4217:USD xbrli:shares pm:segment xbrli:pure pm:year pm:driver pm:metric iso4217:CAD pm:manufacturer pm:member pm:cigarette pm:claim pm:case pm:patient pm:defendant iso4217:THB iso4217:EUR pm:patent iso4217:IDR pm:arrangement iso4217:GBP 0001413329 2024-01-01 2024-09-30 0001413329 us-gaap:CommonStockMember 2024-01-01 2024-09-30 0001413329 pm:A0.625Notesdue2024Member 2024-01-01 2024-09-30 0001413329 pm:A3.250Notesdue2024Member 2024-01-01 2024-09-30 0001413329 pm:A2.750Notesdue2025Member 2024-01-01 2024-09-30 0001413329 pm:A3.375Notesdue2025Member 2024-01-01 2024-09-30 0001413329 pm:A2.750Notesdue2026Member 2024-01-01 2024-09-30 0001413329 pm:A2.875Notesdue2026Member 2024-01-01 2024-09-30 0001413329 pm:A0.125Notesdue2026Member 2024-01-01 2024-09-30 0001413329 pm:A3.125Notesdue2027Member 2024-01-01 2024-09-30 0001413329 pm:A3.125Notesdue2028Member 2024-01-01 2024-09-30 0001413329 pm:A2.875Notesdue2029Member 2024-01-01 2024-09-30 0001413329 pm:A3.375Notesdue2029Member 2024-01-01 2024-09-30 0001413329 pm:A3.750NotesDue2031Member 2024-01-01 2024-09-30 0001413329 pm:A0.800Notesdue2031Member 2024-01-01 2024-09-30 0001413329 pm:A3.125Notesdue2033Member 2024-01-01 2024-09-30 0001413329 pm:A2.000Notesdue2036Member 2024-01-01 2024-09-30 0001413329 pm:A1.875Notesdue2037Member 2024-01-01 2024-09-30 0001413329 pm:A6.375Notesdue2038Member 2024-01-01 2024-09-30 0001413329 pm:A1.450Notesdue2039Member 2024-01-01 2024-09-30 0001413329 pm:A4.375Notesdue2041Member 2024-01-01 2024-09-30 0001413329 pm:A4.500Notesdue2042Member 2024-01-01 2024-09-30 0001413329 pm:A3.875Notesdue2042Member 2024-01-01 2024-09-30 0001413329 pm:A4.125Notesdue2043Member 2024-01-01 2024-09-30 0001413329 pm:A4.875Notesdue2043Member 2024-01-01 2024-09-30 0001413329 pm:A4.250Notesdue2044Member 2024-01-01 2024-09-30 0001413329 2024-10-18 0001413329 2023-01-01 2023-09-30 0001413329 us-gaap:RelatedPartyMember 2024-01-01 2024-09-30 0001413329 us-gaap:RelatedPartyMember 2023-01-01 2023-09-30 0001413329 2024-07-01 2024-09-30 0001413329 2023-07-01 2023-09-30 0001413329 us-gaap:RelatedPartyMember 2024-07-01 2024-09-30 0001413329 us-gaap:RelatedPartyMember 2023-07-01 2023-09-30 0001413329 2024-09-30 0001413329 2023-12-31 0001413329 us-gaap:RelatedPartyMember 2024-09-30 0001413329 us-gaap:RelatedPartyMember 2023-12-31 0001413329 2022-12-31 0001413329 2023-09-30 0001413329 us-gaap:CommonStockMember 2022-12-31 0001413329 us-gaap:AdditionalPaidInCapitalMember 2022-12-31 0001413329 us-gaap:RetainedEarningsMember 2022-12-31 0001413329 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2022-12-31 0001413329 us-gaap:TreasuryStockCommonMember 2022-12-31 0001413329 us-gaap:NoncontrollingInterestMember 2022-12-31 0001413329 us-gaap:RetainedEarningsMember 2023-01-01 2023-09-30 0001413329 us-gaap:NoncontrollingInterestMember 2023-01-01 2023-09-30 0001413329 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-01-01 2023-09-30