Goodwill and Other Intangible Assets, net: (Tables)

3 Months Ended

Mar. 31, 2026

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Movements in Goodwill

The movements in goodwill were as follows:

(in millions)	International Smoke-Free		International Combustibles		U.S. (a)		Total
Balances, December 31, 2025	$	3,913	$	4,862	$	8,489	$	17,264
Changes due to:
Currency	(97)		(90)		(8)		(195)
Balances, March 31, 2026	$	3,816	$	4,772	$	8,481	$	17,069

(a) U.S. goodwill balance is net of accumulated impairment losses of $556 million at March 31, 2026, and December 31, 2025. These accumulated losses, which relate to PMI's wellness unit Aspeya, exclude amounts related to businesses which were subsequently sold or reclassified as held-for-sale.

Schedule of Amortizable Intangible Assets

Details of other intangible assets were as follows:

		March 31, 2026						December 31, 2025
(in millions)	Weighted-Average Remaining Useful Life	Gross Carrying Amount		Accumulated Amortization		Net		Gross Carrying Amount		Accumulated Amortization		Net
Non-amortizable intangible assets		$	4,711			$	4,711	$	4,776			$	4,776
Amortizable intangible assets:
Trademarks	14 years	2,197		$	1,005	1,192		2,227		$	984	1,243
Reacquired commercialization rights for IQOS in the U.S.	3 years	2,777		1,065		1,712		2,777		926		1,851
Developed technology, including patents	6 years	351		165		186		358		160		198
Customer relationships and other	10 years	3,834		1,123		2,711		3,873		1,057		2,816
Total other intangible assets		$	13,870	$	3,358	$	10,512	$	14,011	$	3,127	$	10,884

Changes in the net carrying amount of intangible assets were as follows:

			Changes Due To:
	December 31, 2025		Amortization & Impairment		Acquisitions & Divestitures		Currency & Other		March 31, 2026
Non-amortizable intangible assets	$	4,776	$	—	$	—	$	(65)	$	4,711
Amortizable intangible assets:	6,108		(251)		—		(56)		5,801
Gross book value	9,235				—		(76)		9,159
Accumulated amortization	(3,127)		(251)		—		20		(3,358)
Total Intangibles, net	$	10,884	$	(251)	$	—	$	(121)	$	10,512

Schedule of Non-Amortizable Intangible Assets

Details of other intangible assets were as follows:

		March 31, 2026						December 31, 2025
(in millions)	Weighted-Average Remaining Useful Life	Gross Carrying Amount		Accumulated Amortization		Net		Gross Carrying Amount		Accumulated Amortization		Net
Non-amortizable intangible assets		$	4,711			$	4,711	$	4,776			$	4,776
Amortizable intangible assets:
Trademarks	14 years	2,197		$	1,005	1,192		2,227		$	984	1,243
Reacquired commercialization rights for IQOS in the U.S.	3 years	2,777		1,065		1,712		2,777		926		1,851
Developed technology, including patents	6 years	351		165		186		358		160		198
Customer relationships and other	10 years	3,834		1,123		2,711		3,873		1,057		2,816
Total other intangible assets		$	13,870	$	3,358	$	10,512	$	14,011	$	3,127	$	10,884

Changes in the net carrying amount of intangible assets were as follows:

			Changes Due To:
	December 31, 2025		Amortization & Impairment		Acquisitions & Divestitures		Currency & Other		March 31, 2026
Non-amortizable intangible assets	$	4,776	$	—	$	—	$	(65)	$	4,711
Amortizable intangible assets:	6,108		(251)		—		(56)		5,801
Gross book value	9,235				—		(76)		9,159
Accumulated amortization	(3,127)		(251)		—		20		(3,358)
Total Intangibles, net	$	10,884	$	(251)	$	—	$	(121)	$	10,512