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Condensed Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
Mar. 31, 2014
Dec. 31, 2013
ASSETS    
Cash and cash equivalents $ 1,823 $ 2,154
Receivables (less allowances of $52 in 2014 and $53 in 2013) 3,408 3,853
Inventories:    
Leaf tobacco 3,614 3,709
Other raw materials 1,669 1,596
Finished product 3,441 4,541
Total inventory, net 8,724 9,846
Deferred income taxes 423 502
Other current assets 447 497
Total current assets 14,825 16,852
Property, plant and equipment, at cost 13,886 13,957
Less: accumulated depreciation 7,216 7,202
Total property, plant and equipment, net 6,670 6,755
Goodwill (Note 5) 9,009 8,893
Other intangible assets, net (Note 5) 3,234 3,193
Investments in unconsolidated subsidiaries (Note 16) 1,460 1,536
Other assets 939 939
TOTAL ASSETS 36,137 38,168
LIABILITIES    
Short-term borrowings (Note 12) 3,284 2,400
Current portion of long-term debt (Note 12) 406 1,255
Accounts payable 1,064 1,274
Accrued liabilities:    
Marketing and selling 504 503
Taxes, except income taxes 4,655 6,492
Employment costs 942 949
Dividends payable 1,494 1,507
Other 1,093 1,382
Income taxes 424 1,192
Deferred income taxes 105 112
Total current liabilities 13,971 17,066
Long-term debt (Note 12) 25,989 24,023
Deferred income taxes 1,491 1,477
Employment costs 1,296 1,313
Other liabilities 547 563
Total liabilities 43,294 44,442
Contingencies (Note 10)      
STOCKHOLDERS’ (DEFICIT) EQUITY    
Common stock, no par value (2,109,316,331 shares issued in 2014 and 2013) 0 0
Additional paid-in capital 608 723
Earnings reinvested in the business 28,228 27,843
Accumulated other comprehensive losses (4,213) (4,190)
Total stockholders' equity before treasury stock 24,623 24,376
Less: cost of repurchased stock (533,098,073 and 520,313,919 shares in 2014 and 2013, respectively) 33,236 32,142
Total PMI stockholders’ deficit (8,613) (7,766)
Noncontrolling interests 1,456 1,492
Total stockholders’ deficit (7,157) (6,274)
TOTAL LIABILITIES AND STOCKHOLDERS’ (DEFICIT) EQUITY $ 36,137 $ 38,168