Philip Morris International Inc. balance sheet
At the end of its fiscal year on Dec 31, 2025, Philip Morris International Inc. reported total assets of $69.19B and shareholders' equity of −$9.99B. That works out to liabilities equal to 112% of assets, a current ratio of 0.96 (current assets ÷ current liabilities). Equity is negative, which typically reflects accumulated buybacks or losses exceeding contributed capital; see the filing for details.
Balance sheet at each fiscal year end
| Fiscal year ended | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $36.85B | $42.97B | $39.80B | $42.88B | $44.81B | $41.29B | $61.68B | $65.30B | $61.78B | $69.19B |
| Current assets | $17.61B | $21.59B | $19.44B | $20.51B | $21.49B | $17.72B | $19.62B | $19.75B | $20.17B | $24.36B |
| Cash & equivalents | $4.24B | $8.45B | $6.59B | $6.86B | $7.28B | $4.50B | $3.21B | $3.06B | $4.22B | $4.87B |
| Total liabilities | $47.75B | $53.20B | $50.54B | $52.47B | $55.45B | $49.50B | $67.99B | $74.75B | $71.65B | $77.21B |
| Current liabilities | $16.47B | $15.96B | $17.19B | $18.83B | $19.61B | $19.25B | $27.34B | $26.38B | $22.91B | $25.43B |
| Shareholders' equity | −$12.69B | −$12.09B | −$12.46B | −$11.58B | −$12.57B | −$10.11B | −$8.96B | −$11.22B | −$11.75B | −$9.99B |
| Reported in | 10-K 2018 | 10-K 2019 | 10-K 2020 | 10-K 2021 | 10-K 2022 | 10-K 2023 | 10-K 2024 | 10-K 2025 | 10-K 2026 | 10-K 2026 |
Balance-sheet figures are point-in-time values on the last day of each fiscal year. Some companies (for example banks and insurers) do not present current assets and liabilities; those cells show —.
Source: SEC EDGAR XBRL company facts for CIK 1413329 (raw data). Most recent filing in this dataset: 10-Q filed Oct 23, 2026. SEC data file dated Nov 3, 2026; page built Nov 5, 2026. Figures are as most recently reported, including restatements. How we select figures.