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PMPhilip Morris International Inc.

Long-Term Debt

The latest quarterly long-term debt is $43.81 Billion with a quarter-over-quarter change of -2.94%. Long-term debt includes bonds, term loans, mortgages, and other borrowings with maturities greater than one year. It represents the company's structural leverage.

Long-Term Debt

PM Long-Term Debt

$43.81B

Reported quarterly long-term debt; no daily interpolation.

+59.80% 5Y

Current Long-Term Debt

$43.81B

$43.81 Billion

Quarter-over-Quarter Change

-2.94%

vs. $45.13B prior quarter

Historical Data

77

Quarters of data available

Quarterly Long-Term Debt History

PeriodLong-Term DebtQoQ Change% Change
Q1 2026$43.81B$-1.33B-2.94%
Q4 2025$45.13B+$3.27B+7.81%
Q3 2025$41.86B$-568.00M-1.34%
Q2 2025$42.43B+$3.65B+9.41%
Q1 2025$38.78B$-3.38B-8.03%
Q4 2024$42.17B$-2.07B-4.68%
Q3 2024$44.24B$-410.00M-0.92%
Q2 2024$44.65B$-36.00M-0.08%
Q1 2024$44.68B+$3.44B+8.34%
Q4 2023$41.24B$-1.67B-3.89%
Q3 2023$42.91B+$1.51B+3.66%
Q2 2023$41.40B+$984.00M+2.43%
Q1 2023$40.42B+$5.54B+15.89%
Q4 2022$34.88B+$13.11B+60.26%
Q3 2022$21.76B$-583.00M-2.61%
Q2 2022$22.34B$-1.67B-6.97%
Q1 2022$24.02B$-764.00M-3.08%
Q4 2021$24.78B$-985.00M-3.82%
Q3 2021$25.77B$-1.65B-6.00%
Q2 2021$27.41B+$138.00M+0.51%
Q1 2021$27.28B$-892.00M-3.17%
Q4 2020$28.17B+$822.00M+3.01%
Q3 2020$27.35B+$303.00M+1.12%
Q2 2020$27.04B+$2.04B+8.18%
Q1 2020$25.00B$-1.66B-6.22%
Q4 2019$26.66B+$230.00M+0.87%
Q3 2019$26.43B+$1.57B+6.31%
Q2 2019$24.86B+$1.73B+7.47%
Q1 2019$23.13B$-3.84B-14.25%
Q4 2018$26.98B$-1.20B-4.27%
Q3 2018$28.18B+$131.00M+0.47%
Q2 2018$28.05B$-1.53B-5.17%
Q1 2018$29.58B$-1.76B-5.60%
Q4 2017$31.33B+$3.27B+11.65%
Q3 2017$28.07B+$1.47B+5.53%
Q2 2017$26.59B$-1.99B-6.97%
Q1 2017$28.59B+$2.74B+10.59%
Q4 2016$25.85B$-1.11B-4.11%
Q3 2016$26.96B$-1.14B-4.05%
Q2 2016$28.10B+$1.42B+5.30%
Q1 2016$26.68B+$1.43B+5.68%
Q4 2015$25.25B$-550.00M-2.13%
Q3 2015$25.80B+$1.23B+5.02%
Q2 2015$24.57B$-1.01B-3.93%
Q1 2015$25.57B$-1.36B-5.04%
Q4 2014$26.93B+$1.53B+6.04%
Q3 2014$25.39B$-1.77B-6.50%
Q2 2014$27.16B+$1.17B+4.51%
Q1 2014$25.99B+$1.97B+8.18%
Q4 2013$24.02B+$2.15B+9.81%
Q3 2013$21.88B+$318.00M+1.48%
Q2 2013$21.56B+$763.00M+3.67%
Q1 2013$20.80B+$3.16B+17.90%
Q4 2012$17.64B+$119.00M+0.68%
Q3 2012$17.52B+$2.70B+18.19%
Q2 2012$14.82B$-522.00M-3.40%
Q1 2012$15.35B+$518.00M+3.49%
Q4 2011$14.83B+$1.96B+15.21%
Q3 2011$12.87B$-167.00M-1.28%
Q2 2011$13.04B+$1.15B+9.69%
Q1 2011$11.88B$-1.49B-11.11%
Q4 2010$13.37B$-225.00M-1.66%
Q3 2010$13.60B$-701.00M-4.90%
Q2 2010$14.30B$-513.00M-3.46%
Q1 2010$14.81B+$1.14B+8.32%
Q4 2009$13.67B$-69.00M-0.50%
Q3 2009$13.74B+$261.00M+1.94%
Q2 2009$13.48B+$336.00M+2.56%
Q1 2009$13.14B+$1.77B+15.53%
Q4 2008$11.38B+$2.18B+23.69%
Q3 2008$9.20B+$2.93B+46.68%
Q2 2008$6.27B$-372.00M-5.60%
Q1 2008$6.64B+$1.06B+19.09%
Q4 2007$5.58B+$3.36B+151.04%
Q4 2006$2.22B$-892.00M-28.64%
Q3 2001$3.11B+$3.11B
Q2 2001$0
Data as of Sunday, June 28, 2026

About Philip Morris International Inc.

Philip Morris International Inc. functions as a prominent tobacco enterprise, actively working toward a smoke-free future. The company is strategically diversifying its long-term product range to incorporate items beyond traditional tobacco and nicotine. Its primary business involves both conventional cigarettes and an expanding array of smoke-free alternatives, such as innovative heat-not-burn devices, vapor products, and oral nicotine solutions. These offerings are distributed in markets worldwide, with the exception of the United States. The smoke-free portfolio includes brands like HEETS (encompassing Creations, Dimensions, Marlboro variants), Parliament HeatSticks, and TEREA, in addition to KT&G-licensed brands Fiit and Miix. For conventional cigarettes, the company sells internationally recognized brands such as Marlboro, Parliament, Bond Street, Chesterfield, L&M, Lark, and Philip Morris. Regionally, it also owns major cigarette brands like Dji Sam Soe, Sampoerna A, and Sampoerna U in Indonesia, and Fortune and Jackpot in the Philippines. PMI's smoke-free innovations are currently available across 71 global markets. Established in 1987, Philip Morris International Inc. is headquartered in New York, New York.

New York City, NY
83,100 employees
Consumer Defensive / Tobacco
Sector
Consumer Defensive
Industry
Tobacco
CEO
Jacek Olczak