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CONSOLIDATED BALANCE SHEETS (USD $)
In Millions, unless otherwise specified
Dec. 31, 2012
Dec. 31, 2011
Assets    
Cash and cash equivalents $ 2,983 $ 2,550
Receivables (less allowances of $56 in 2012 and $45 in 2011) 3,589 3,201
Inventories:    
Leaf tobacco 3,548 3,463
Other raw materials 1,610 1,185
Finished product 3,791 3,472
Total inventory, net 8,949 8,120
Deferred income taxes 450 397
Other current assets 619 591
Total current assets 16,590 14,859
Property, Plant and Equipment [Abstract]    
Land and land improvements 708 692
Buildings and building equipment 3,948 3,738
Machinery and equipment 8,380 7,880
Construction in progress 843 603
Total property, plant and equipment, at cost 13,879 12,913
Less: accumulated depreciation 7,234 6,663
Total property, plant and equipment, net 6,645 6,250
Goodwill (Note 3) 9,900 9,928
Other intangible assets, net (Note 3) 3,619 3,697
Other assets 916 754
Total Assets 37,670 35,488
LIABILITIES    
Short-term borrowings (Note 7) 2,419 1,511
Current portion of long-term debt (Note 7) 2,781 2,206
Accounts payable 1,103 1,031
Accrued liabilities:    
Marketing and selling 527 519
Taxes, except income taxes 5,350 5,346
Employment costs 896 894
Dividends payable 1,418 1,341
Other 952 873
Income taxes 1,456 897
Deferred income taxes 114 176
Total current liabilities 17,016 14,794
Long-term debt (Note 7) 17,639 14,828
Deferred income taxes 1,875 1,976
Employment costs 2,574 1,665
Other liabilities 419 462
Total liabilities 39,523 33,725
Contingencies (Note 21)      
Redeemable noncontrolling interest (Note 6) 1,301 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 1,334 1,235
Earnings reinvested in the business 25,076 21,757
Accumulated other comprehensive losses (3,604) (2,863)
Total stockholders' equity before treasury stock 22,806 20,129
Less: cost of repurchased stock (455,703,347 and 383,407,665 shares in 2012 and 2011, respectively) 26,282 19,900
Total PMI stockholders’ (deficit) equity (3,476) 229
Noncontrolling interests 322 322
Total stockholders’ (deficit) equity (3,154) 551
Total Liabilities and Stockholders’ (Deficit) Equity $ 37,670 $ 35,488