Philip Morris International Inc. (PM)

NYSE: PM · Real-Time Price · USD

189.61

-2.25 (-1.17%)

At close: May 15, 2026, 4:00 PM EDT

188.50

-1.11 (-0.59%)

Pre-market: May 18, 2026, 6:18 AM EDT

PM Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018
Period Ending	Sep '23 Sep 30, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018
Net Income	8,449	9,527	9,710	8,592	7,728	8,286
Depreciation & Amortization	1,029	1,077	998	981	964	989
Other Adjustments	600	37	-108	111	643	39
Change in Receivables	-175	-871	-198	26	-331	53
Changes in Inventories	-2,261	-1,287	549	-165	-548	-613
Changes in Accounts Payable	-179	719	653	406	451	-51
Changes in Income Taxes Payable	-272	-261	-260	-260	75	-135
Changes in Other Operating Activities	1,266	1,862	623	121	1,108	910
Operating Cash Flow	8,995	10,803	11,967	9,812	10,090	9,478
Operating Cash Flow Growth	-23.39%	-9.73%	21.96%	-2.76%	6.46%	6.35%
Capital Expenditures	-1,357	-1,077	-748	-602	-852	-1,436
Purchases of Investments	-111	-20	-34	-47	-31	-63
Payments for Business Acquisitions	45.5	-13,976	-2,111	-	-	-
Other Investing Activities	-989	-606	535	-505	-928	501
Investing Cash Flow	-18,558	-15,679	-2,358	-1,154	-1,811	-998
Short-Term Debt Issued	-139	1,810	-	-25	625	255
Short-Term Debt Repaid	-554	-795	-	-45	-989	-
Net Short-Term Debt Issued (Repaid)	-693	1,015	-	-70	-364	255
Long-Term Debt Issued	15,924	19,885	-	3,713	3,819	-
Long-Term Debt Repaid	-11,209	-6,724	-3,042	-3,999	-3,998	-2,484
Net Long-Term Debt Issued (Repaid)	4,715	13,161	-3,042	-286	-179	-2,484
Repurchase of Common Stock	-	-209	-775	-	-	-
Net Common Stock Issued (Repurchased)	-	-209	-775	-	-	-
Common Dividends Paid	-7,914	-7,812	-7,580	-7,364	-7,161	-6,885
Other Financing Activities	-2,829	-2,349	-580	-776	-357	-537
Financing Cash Flow	7,192	3,806	-11,977	-8,496	-8,061	-9,651
Effect of Exchange Rate Changes on Cash and Cash Equivalents	31	-213	-417	258	27	-685
Net Cash Flow	-2,340	-1,283	-2,785	420	245	-1,856
Free Cash Flow	7,638	9,726	11,219	9,210	9,238	8,042
Free Cash Flow Growth	-21.47%	-13.31%	21.81%	-0.30%	14.87%	9.21%
FCF Margin	22.28%	30.62%	35.72%	32.10%	30.99%	27.15%
Free Cash Flow Per Share	4.92	6.27	7.20	5.91	5.94	5.17
Levered Free Cash Flow	10,262	24,257	7,882	8,181	7,840	5,346
Unlevered Free Cash Flow	7,159	10,917	11,957	9,617	9,283	8,434

Updated Apr 24, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q