Consolidated Balance Sheets - USD ($) $ in Millions		Dec. 31, 2025	Dec. 31, 2024
Assets
Cash and cash equivalents		$ 4,872	$ 4,216
Trade receivables (less allowances of $23 in 2025 and $47 in 2024)	[1]	4,572	3,789
Other receivables (less allowances of $24 in 2025 and $22 in 2024)		1,238	886
Inventories:
Leaf tobacco		2,425	2,080
Other raw materials		2,223	2,261
Finished product		6,830	5,112
Total inventory, net		11,478	9,453
Other current assets		2,203	1,826
Total current assets		24,363	20,170
Property, plant and equipment, at cost:
Land and land improvements		562	581
Buildings and building equipment		5,050	4,391
Machinery and equipment		12,533	10,632
Construction in progress		1,471	1,081
Property plant and equipment, gross		19,616	16,685
Less: accumulated depreciation		11,219	9,375
Property plant and equipment, net		8,397	7,310
Goodwill (Note 4)		17,264	16,600
Other intangible assets, net (Note 4)		10,884	11,327
Equity investments (Note 5)		2,891	2,654
Deferred income taxes (Note 10)		1,247	940
Other assets (less allowances of $12 in 2025 and $26 in 2024)		4,139	2,783
Total Assets		69,185	61,784
Liabilities
Short-term borrowings (Note 6)		168	137
Current portion of long-term debt (Note 6)		3,533	3,392
Accounts payable		4,407	3,952
Accrued liabilities:
Marketing and selling		1,354	1,015
Taxes, except income taxes		7,555	6,904
Employment costs		1,545	1,305
Dividends payable		2,312	2,120
Other		3,298	2,832
Income taxes		1,255	1,258
Total current liabilities		25,427	22,915
Long-term debt (Note 6)		45,134	42,166
Deferred income taxes (Note 10)		2,065	2,517
Employment costs		2,406	2,940
Other liabilities		2,181	1,116
Total liabilities		77,213	71,654
Contingencies (Note 16)
Stockholders’ (Deficit) Equity
Common stock, no par value (2,109,316,331 shares issued in 2025 and 2024) (Note 7)		0	0
Additional paid-in capital		2,453	2,335
Earnings reinvested in the business		35,400	32,869
Accumulated other comprehensive losses (Note 15)		(12,296)	(11,314)
Total stockholders' equity before treasury stock		25,557	23,890
Less: cost of repurchased stock (552,659,642 and 554,470,731 shares in 2025 and 2024, respectively)		35,551	35,640
Total PMI stockholders’ deficit		(9,994)	(11,750)
Noncontrolling interests		1,966	1,880
Total stockholders’ deficit		(8,028)	(9,870)
Total Liabilities and Stockholders’ (Deficit) Equity		$ 69,185	$ 61,784

[1] Includes trade receivables from related parties of $839 million and $691 million as of December 31, 2025, and 2024, respectively. For further details, see Note 5. Related Parties - Equity Investments and Other.