Philip Morris International Q1 2025 10-Q Filed

Ticker: PM · Form: 10-Q · Filed: 2025-04-24T00:00:00.000Z

Sentiment: neutral

Topics: 10-Q, debt, Philip Morris International

TL;DR

PM files Q1 10-Q. Lots of notes due between 2025-2031. Cigarette biz.

AI Summary

Philip Morris International Inc. filed its 10-Q for the period ending March 31, 2025. The filing details various financial instruments, including several notes with maturity dates ranging from 2025 to 2031, such as the A3.375% Notes due 2025 and the A0.800% Notes due 2031. The company's principal business is in cigarettes.

Why It Matters

This filing provides investors with a quarterly update on Philip Morris International's financial health and debt obligations, crucial for assessing investment risk and future performance.

Risk Assessment

Risk Level: medium — The company operates in the tobacco industry, which faces significant regulatory and health-related risks, and the filing details various debt instruments.

Key Numbers

2025 — Note Maturity Year (Indicates upcoming debt obligations)
2031 — Note Maturity Year (Indicates longer-term debt obligations)

Key Players & Entities

Philip Morris International Inc. (company) — Filer of the 10-Q
A3.375% Notes due 2025 (dollar_amount) — Debt instrument
A0.800% Notes due 2031 (dollar_amount) — Debt instrument
20250331 (date) — End of reporting period

FAQ

What is the total principal amount of the A3.375% Notes due 2025?

The filing does not specify the total principal amount for the A3.375% Notes due 2025, only that they are a financial instrument of Philip Morris International Inc.

What is the interest rate on the A0.800% Notes due 2031?

The interest rate on the A0.800% Notes due 2031 is 0.800%.

What is the primary business of Philip Morris International Inc. as stated in the filing?

The primary business of Philip Morris International Inc. is cigarettes.

What is the fiscal year end for Philip Morris International Inc.?

The fiscal year end for Philip Morris International Inc. is December 31.

What is the filing date of this 10-Q report?

This 10-Q report was filed on April 24, 2025.

From the Filing

0001413329-25-000094.txt : 20250424 0001413329-25-000094.hdr.sgml : 20250424 20250424082613 ACCESSION NUMBER: 0001413329-25-000094 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 126 CONFORMED PERIOD OF REPORT: 20250331 FILED AS OF DATE: 20250424 DATE AS OF CHANGE: 20250424 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Philip Morris International Inc. CENTRAL INDEX KEY: 0001413329 STANDARD INDUSTRIAL CLASSIFICATION: CIGARETTES [2111] ORGANIZATION NAME: 04 Manufacturing EIN: 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: 25863692 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-20250331.htm 10-Q pm-20250331 0001413329 12/31 2025 Q1 FALSE http://fasb.org/us-gaap/2024#InterestIncomeExpenseNonoperatingNet xbrli:shares iso4217:USD iso4217:USD xbrli:shares iso4217:GBP xbrli:pure pm:year pm:driver pm:metric pm:segment iso4217:CAD pm:manufacturer pm:member pm:cigarette pm:claim pm:case pm:patient pm:entity iso4217:THB pm:defendant iso4217:EUR iso4217:BRL pm:patent iso4217:IDR pm:arrangement pm:subsidiary 0001413329 2025-01-01 2025-03-31 0001413329 us-gaap:CommonStockMember 2025-01-01 2025-03-31 0001413329 pm:A3.375Notesdue2025Member 2025-01-01 2025-03-31 0001413329 pm:A2.750Notesdue2026Member 2025-01-01 2025-03-31 0001413329 pm:A2.875Notesdue2026Member 2025-01-01 2025-03-31 0001413329 pm:A0.125Notesdue2026Member 2025-01-01 2025-03-31 0001413329 pm:A3.125Notesdue2027Member 2025-01-01 2025-03-31 0001413329 pm:A3.125Notesdue2028Member 2025-01-01 2025-03-31 0001413329 pm:A2.875Notesdue2029Member 2025-01-01 2025-03-31 0001413329 pm:A3.375Notesdue2029Member 2025-01-01 2025-03-31 0001413329 pm:A3.750NotesDue2031Member 2025-01-01 2025-03-31 0001413329 pm:A0.800Notesdue2031Member 2025-01-01 2025-03-31 0001413329 pm:A3.125Notesdue2033Member 2025-01-01 2025-03-31 0001413329 pm:A2.000Notesdue2036Member 2025-01-01 2025-03-31 0001413329 pm:A1.875Notesdue2037Member 2025-01-01 2025-03-31 0001413329 pm:A6.375Notesdue2038Member 2025-01-01 2025-03-31 0001413329 pm:A1.450Notesdue2039Member 2025-01-01 2025-03-31 0001413329 pm:A4.375Notesdue2041Member 2025-01-01 2025-03-31 0001413329 pm:A4.500Notesdue2042Member 2025-01-01 2025-03-31 0001413329 pm:A3.875Notesdue2042Member 2025-01-01 2025-03-31 0001413329 pm:A4.125Notesdue2043Member 2025-01-01 2025-03-31 0001413329 pm:A4.875Notesdue2043Member 2025-01-01 2025-03-31 0001413329 pm:A4.250Notesdue2044Member 2025-01-01 2025-03-31 0001413329 2025-04-17 0001413329 2024-01-01 2024-03-31 0001413329 us-gaap:RelatedPartyMember 2025-01-01 2025-03-31 0001413329 us-gaap:RelatedPartyMember 2024-01-01 2024-03-31 0001413329 2025-03-31 0001413329 2024-12-31 0001413329 us-gaap:RelatedPartyMember 2025-03-31 0001413329 us-gaap:RelatedPartyMember 2024-12-31 0001413329 2023-12-31 0001413329 2024-03-31 0001413329 us-gaap:CommonStockMember 2023-12-31 0001413329 us-gaap:AdditionalPaidInCapitalMember 2023-12-31 0001413329 us-gaap:RetainedEarningsMember 2023-12-31 0001413329 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-12-31 0001413329 us-gaap:TreasuryStockCommonMember 2023-12-31 0001413329 us-gaap:NoncontrollingInterestMember 2023-12-31 0001413329 us-gaap:RetainedEarningsMember 2024-01-01 2024-03-31 0001413329 us-gaap:NoncontrollingInterestMember 2024-01-01 2024-03-31 0001413329 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-01-01 2024-03-31 0001413329 us-gaap:AdditionalPaidInCapitalMember 2024-01-01 2024-03-31 0001413329 us-gaap:TreasuryStockCommonMember 2024-01-01 2024-03-31 0001413329 us-gaap:CommonStockMember 2024-03-31 0001413329 us-gaap:AdditionalPaidInCapitalMember 2024-03-31 0001413329 us-gaap:RetainedEarningsMember 2024-03-31 0001413329 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-03-31 0001413329 us-gaap:TreasuryStockCom