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: 2011 | |||
Consolidated Statements Of Earnings | |||
Period Ending Dec 31, 2011 10-K (Filed: Feb 24, 2012) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2011 | Dec 31, 2010 | Dec 31, 2009 | |
| Net revenues | $ 76,346 | 67,713 | 62,080 [1] |
| Cost of sales | 10,678 | 9,713 | 9,022 |
| Excise taxes on products | 45,249 | 40,505 | 37,045 |
| Gross profit | 20,419 | 17,495 | 16,013 |
| Marketing, administration and research costs | 6,880 | 6,160 | 5,870 |
| Asset impairment and exit costs | 109 | 47 | 29 |
| Amortization of intangibles | 98 | 88 | 74 |
| Operating income | 13,332 | 11,200 | 10,040 |
| Interest expense, net | 800 | 876 | 797 |
| Earnings before income taxes | 12,532 | 10,324 | 9,243 |
| Provision for income taxes | 3,653 | 2,826 | 2,691 |
| Net earnings | 8,879 | 7,498 | 6,552 |
| Net earnings attributable to noncontrolling interests | 288 | 239 | 210 |
| Net earnings attributable to PMI | 8,591 | 7,259 | 6,342 |
| Per share data (Note 10): | |||
| Basic earnings per share | 4.85 | 3.93 | 3.25 |
| Diluted earnings per share | 4.85 | 3.92 | 3.24 |
| [1] Total net revenues attributable to customers located in Germany, PMI's largest market in terms of net revenues, were $8.1 billion, $7.5 billion and $7.9 billion for the years ended December 31, 2011, 2010 and 2009, respectively. | |||
| External Links | |
| PHILIP MORRIS INTERNATIONAL INC. (PM) Fiscal Year 2011 | |
| 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 |