Stock Analysis on Net

Philip Morris International Inc. (NYSE:PM)

Common-Size Balance Sheet: Assets 

Philip Morris International Inc., common-size consolidated balance sheet: assets

Microsoft Excel
Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Cash and cash equivalents 4.69 5.20 10.89 16.24 16.00
Trade receivables, less allowances 5.30 6.24 7.56 6.48 7.18
Other receivables, less allowances 1.42 1.47 1.98 1.91 1.49
Inventories 16.50 16.03 21.12 21.40 21.54
Other current assets 2.34 2.87 1.36 1.92 1.63
Current assets 30.25% 31.81% 42.91% 47.96% 47.85%
Property, plant and equipment, less accumulated depreciation 11.51 10.88 14.94 14.20 15.47
Goodwill 25.69 31.87 16.18 13.31 13.66
Other intangible assets, net 15.10 10.91 6.82 4.51 4.93
Equity investments 7.55 7.18 10.81 10.71 10.81
Deferred income taxes 1.25 0.98 2.17 3.15 2.69
Other assets, less allowances 8.65 6.37 6.17 6.17 4.60
Noncurrent assets 69.75% 68.19% 57.09% 52.04% 52.15%
Total assets 100.00% 100.00% 100.00% 100.00% 100.00%

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

Balance sheet item Description The company
Current assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Philip Morris International Inc. current assets as a percentage of total assets decreased from 2021 to 2022 and from 2022 to 2023.
Property, plant and equipment, less accumulated depreciation Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. Philip Morris International Inc. property, plant and equipment, less accumulated depreciation as a percentage of total assets decreased from 2021 to 2022 but then slightly increased from 2022 to 2023.
Noncurrent assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold or consumed after one year or beyond the normal operating cycle, if longer. Philip Morris International Inc. noncurrent assets as a percentage of total assets increased from 2021 to 2022 and from 2022 to 2023.