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Quarterly Financial Data (Unaudited)
12 Months Ended
Dec. 31, 2019
Quarterly Financial Data [Abstract]  
Quarterly Financial Data (Unaudited)
Quarterly Financial Data (Unaudited):
 
2019 Quarters
(in millions, except per share data)
1st
 
2nd
 
3rd
 
4th
Net revenues
$
6,751

 
$
7,699

 
$
7,642

 
$
7,713

Gross profit
$
4,286

 
$
5,034

 
$
5,037

 
$
4,935

Net earnings attributable to PMI
$
1,354

 
$
2,319

 
$
1,896

 
$
1,616

Per share data:
 
 
 
 
 
 
 
Basic EPS
$
0.87

 
$
1.49

 
$
1.22

 
$
1.04

Diluted EPS
$
0.87

 
$
1.49

 
$
1.22

 
$
1.04

Dividends declared
$
1.14

 
$
1.14

 
$
1.17

 
$
1.17

 
 
 
2018 Quarters
(in millions, except per share data)
1st
 
2nd
 
3rd
 
4th
Net revenues
$
6,896

 
$
7,726

 
$
7,504

 
$
7,499

Gross profit
$
4,281

 
$
4,982

 
$
4,886

 
$
4,718

Net earnings attributable to PMI
$
1,556

 
$
2,198

 
$
2,247

 
$
1,910

Per share data:
 
 
 
 
 
 
 
Basic EPS
$
1.00

 
$
1.41

 
$
1.44

 
$
1.23

Diluted EPS
$
1.00

 
$
1.41

 
$
1.44

 
$
1.23

Dividends declared
$
1.07

 
$
1.14

 
$
1.14

 
$
1.14

 
 
 
 
 
 
 
 

Basic and diluted EPS are computed independently for each of the periods presented. Accordingly, the sum of the quarterly EPS amounts may not agree to the total for the year.