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Condensed Consolidated Statements of Earnings - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Income Statement [Abstract]    
Revenues including excise taxes $ 18,253 $ 17,705
Excise taxes on products 11,100 10,954
Net revenues 7,153 6,751
Cost of sales 2,402 2,465
Gross profit 4,751 4,286
Marketing, administration and research costs (Notes 8, 18 & 19) 1,944 2,217
Amortization of intangibles 18 19
Operating income 2,789 2,050
Interest expense, net 129 152
Pension and other employee benefit costs (Note 3) 23 21
Earnings before income taxes 2,637 1,877
Provision for income taxes 596 424
Equity investments and securities (income)/loss, net 54 (11)
Net earnings 1,987 1,464
Net earnings attributable to noncontrolling interests 161 110
Net earnings attributable to PMI $ 1,826 $ 1,354
Per share data:    
Basic earnings per share (in dollars per share) $ 1.17 $ 0.87
Diluted earnings per share (in dollars per share) $ 1.17 $ 0.87