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: 2018 | |||
Consolidated Statements of Earnings | |||
Period Ending Dec 31, 2018 10-K (Filed: Feb 7, 2019) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 | |
| Revenues including excise taxes | $ 79,823 | 78,098 | 74,953 |
| Excise taxes on products | 50,198 | 49,350 | 48,268 |
| Net revenues (Notes 2 & 21) | 29,625 | 28,748 | 26,685 |
| Cost of sales | 10,758 | 10,432 | 9,391 |
| Gross profit | 18,867 | 18,316 | 17,294 |
| Marketing, administration and research costs | 7,408 | 6,647 | 6,317 |
| Amortization of intangibles | 82 | 88 | 74 |
| Operating income | 11,377 | 11,581 | 10,903 |
| Interest expense, net (Note 14) | 665 | 914 | 891 |
| Pension and other employee benefit costs (Note 13) | 41 | 78 | 88 |
| Earnings before income taxes | 10,671 | 10,589 | 9,924 |
| Provision for income taxes (Note 11) | 2,445 | 4,307 | 2,768 |
| Equity investments and securities (income)/loss, net | (60) | (59) | (94) |
| Net earnings | 8,286 | 6,341 | 7,250 |
| Net earnings attributable to noncontrolling interests | 375 | 306 | 283 |
| Net earnings attributable to PMI | 7,911 | 6,035 | 6,967 |
| Per share data (Note 10): | |||
| Basic earnings per share (in dollars per share) | 5.08 | 3.88 | 4.48 |
| Diluted earnings per share (in dollars per share) | 5.08 | 3.88 | 4.48 |
| External Links | |
| PHILIP MORRIS INTERNATIONAL INC. (PM) Fiscal Year 2018 | |
| 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 |