10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
PHILIP MORRIS INTERNATIONAL INC. | |||
Ticker: PM Fiscal Year: 2010 | |||
Consolidated Statements of Earnings | |||
Period Ending Dec 31, 2010 10-K (Filed: Feb 25, 2011) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2010 | Dec 31, 2009 | Dec 31, 2008 | |
| Net revenues | $ 67,713 | 62,080 | 63,640 [1] |
| Cost of sales | 9,713 | 9,022 | 9,328 |
| Excise taxes on products | 40,505 | 37,045 | 37,935 |
| Gross profit | 17,495 | 16,013 | 16,377 |
| Marketing, administration and research costs | 6,160 | 5,870 | 6,001 |
| Asset impairment and exit costs | 47 | 29 | 84 |
| Amortization of intangibles | 88 | 74 | 44 |
| Operating income | 11,200 | 10,040 | 10,248 |
| Interest expense, net | 876 | 797 | 311 |
| Earnings before income taxes | 10,324 | 9,243 | 9,937 |
| Provision for income taxes | 2,826 | 2,691 | 2,787 |
| Net earnings | 7,498 | 6,552 | 7,150 |
| Net earnings attributable to noncontrolling interests | 239 | 210 | 260 |
| Net earnings attributable to PMI | 7,259 | 6,342 | 6,890 |
| Per share data (Note 10): | |||
| Basic earnings per share | 3.93 | 3.25 | 3.32 |
| Diluted earnings per share | 3.92 | 3.24 | 3.31 |
| [1] Total net revenues attributable to customers located in Germany, PMI's largest market in terms of net revenues, were $7.5 billion, $7.9 billion and $8.6 billion for the years ended December 31, 2010, 2009 and 2008, respectively. | |||
| External Links | |
| PHILIP MORRIS INTERNATIONAL INC. (PM) Fiscal Year 2010 | |
| Statements of 10-K in Excel | https://www.sec.gov/.../Financial.xlxs |
| Complete 10-K in HTML | https://www.sec.gov/.../10-K.html |
| Complete 10-K in XBRL | https://www.sec.gov/.../10-K-xbrl.zip |