Condensed Consolidated Balance Sheets (USD $) In Millions, unless otherwise specified	Jun. 30, 2012	Dec. 31, 2011
ASSETS
Cash and cash equivalents	$ 3,846	$ 2,550
Receivables (less allowances of $49 in 2012 and $45 in 2011)	3,553	3,201
Inventories:
Leaf tobacco	3,583	3,463
Other raw materials	1,102	1,185
Finished product	2,627	3,472
Total inventory, net	7,312	8,120
Deferred income taxes	415	397
Other current assets	435	591
Total current assets	15,561	14,859
Property, plant and equipment, at cost	12,954	12,913
Less: accumulated depreciation	6,793	6,663
Total property, plant and equipment, net	6,161	6,250
Goodwill	9,737	9,928
Other intangible assets, net	3,614	3,697
Other assets	725	754
TOTAL ASSETS	35,798	35,488
LIABILITIES
Short-term borrowings	2,694	1,511
Current portion of long-term debt	3,284	2,206
Accounts payable	1,019	1,031
Accrued liabilities:
Marketing and selling	477	519
Taxes, except income taxes	5,344	5,346
Employment costs	769	894
Dividends payable	1,314	1,341
Other	833	873
Income taxes	968	897
Deferred income taxes	128	176
Total current liabilities	16,830	14,794
Long-term debt	14,824	14,828
Deferred income taxes	1,964	1,976
Employment costs	1,601	1,665
Other liabilities	433	462
Total liabilities	35,652	33,725
Contingencies (Note 10)
Redeemable noncontrolling interest (Note 7)	1,262	1,212
STOCKHOLDERS' (DEFICIT) EQUITY
Common stock, no par value (2,109,316,331 shares issued in 2012 and 2011)	0	0
Additional paid-in capital	1,233	1,235
Earnings reinvested in the business	23,599	21,757
Accumulated other comprehensive losses	(3,376)	(2,863)
Total stockholders' equity before treasury stock	21,456	20,129
Less: cost of repurchased stock (416,738,735 and 383,407,665 shares in 2012 and 2011, respectively)	22,822	19,900
Total PMI stockholders' (deficit) equity	(1,366)	229
Noncontrolling interests	250	322
Total stockholders' (deficit) equity	(1,116)	551
TOTAL LIABILITIES AND STOCKHOLDERS' (DEFICIT) EQUITY	$ 35,798	$ 35,488