Philip Morris International
Cash Flow
Last updated:
Cash flow statement presents a set of outflows and inflows of cash within a company through operating, investing and financing activities. Over the last year, operating activities of Philip Morris International generated cash of $9,204,000,000, which is less than the previous year. Cash used in financing activities reached the amount of -$5,582,000,000 last year. Net change in cash is therefore -$71,000,000.
Cash Flow
| 2014 | 7.73B | -996M | -6.83B |
|---|---|---|---|
| 2015 | 7.86B | -708M | -4.73B |
| 2016 | 8.07B | -968M | -5.41B |
| 2017 | 8.91B | -3.01B | -2.76B |
| 2018 | 9.47B | -998M | -9.65B |
| 2019 | 10.09B | -1.81B | -8.06B |
| 2020 | 9.81B | -1.15B | -8.49B |
| 2021 | 11.96B | -2.35B | -11.97B |
| 2022 | 10.80B | -15.67B | 6.15B |
| 2023 | 9.20B | -3.59B | -5.58B |
PM Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 3.21B | 4.5B | 7.28B | 6.86B | 6.62B | 8.47B | 4.23B | 3.41B | 1.68B | 2.15B |
Operating activities | ||||||||||
Net income | 8.26B | 9.52B | 9.71B | 8.59B | 7.72B | 8.28B | 6.34B | 7.25B | 7.03B | 7.65B |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 1.39B | 1.18B | 998M | 981M | 964M | 989M | 875M | 743M | 754M | 889M |
Stock-based compensation expense | 0 | 183M | 210M | 167M | 172M | 138M | 148M | 153M | 166M | 210M |
| Deferred income tax benefit | 0 | 183M | 210M | 167M | 172M | 138M | 148M | 153M | 166M | 210M |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | 314M | -871M | -198M | 26M | -331M | 53M | -92M | -1.00B | 647M | -463M |
Inventories | 0 | -1.28B | 549M | -165M | -548M | -613M | 730M | -695M | -841M | 105M |
Accounts payable | -288M | 719M | 653M | 406M | 451M | -51M | 425M | 373M | 310M | 177M |
Cash generated by operating activities | 9.20B | 10.80B | 11.96B | 9.81B | 10.09B | 9.47B | 8.91B | 8.07B | 7.86B | 7.73B |
Investing activities | ||||||||||
Purchases Of Investments | 0 | -20M | -115M | -47M | -31M | -63M | -111M | -41M | -55M | 0 |
Investments In Property Plant And Equipment | -1.32B | -1.07B | -748M | -602M | -852M | -1.43B | -1.54B | -1.17B | -960M | -1.15B |
Acquisitions Net | -111M | -13.99B | -2.14B | -47M | -1.37B | -63M | -111M | -41M | -55M | -139M |
Cash generated by investing activities | -3.59B | -15.67B | -2.35B | -1.15B | -1.81B | -998M | -3.01B | -968M | -708M | -996M |
Financing activities | ||||||||||
Common Stock Issued | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6.59B |
Payments for dividends | -7.96B | -7.81B | -7.58B | -7.36B | -7.16B | -6.88B | -6.52B | -6.37B | -6.25B | -6.03B |
Repurchases of common stock | 0 | -209M | -775M | 0 | 0 | 0 | 0 | 0 | -48M | -3.83B |
Repayments of term debt | 3.70B | 14.17B | -3.04B | -4.11B | -543M | -2.48B | 4.17B | -2.40B | 44M | -3.32B |
Cash used in financing activities | -5.58B | 6.15B | -11.97B | -8.49B | -8.06B | -9.65B | -2.76B | -5.41B | -4.73B | -6.83B |
Net Change In Cash | -71M | -1.28B | -2.78B | 420M | 245M | -1.85B | 4.20B | 822M | 1.73B | -472M |
Cash at end of period | 3.14B | 3.21B | 4.5B | 7.28B | 6.86B | 6.62B | 8.44B | 4.23B | 3.41B | 1.68B |
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