Short-Term Debt
The latest quarterly short-term debt is $8.14 Billion with a quarter-over-quarter change of +119.94%. Short-term debt includes all borrowings and debt obligations due within one year, including the current portion of long-term debt, commercial paper, and credit facilities.
PM Short-Term Debt
Reported quarterly short-term debt; no daily interpolation.
Current Short-Term Debt
$8.14B
$8.14 Billion
Quarter-over-Quarter Change
+119.94%
vs. $3.70B prior quarter
Historical Data
77
Quarters of data available
Quarterly Short-Term Debt History
| Period | Short-Term Debt | QoQ Change | % Change |
|---|---|---|---|
| Q1 2026 | $8.14B | +$4.44B | +119.94% |
| Q4 2025 | $3.70B | $-4.52B | -54.97% |
| Q3 2025 | $8.22B | $-812.00M | -8.99% |
| Q2 2025 | $9.03B | $-1.77B | -16.36% |
| Q1 2025 | $10.80B | +$7.27B | +205.98% |
| Q4 2024 | $3.53B | $-1.46B | -29.21% |
| Q3 2024 | $4.99B | +$493.00M | +10.98% |
| Q2 2024 | $4.49B | $-1.21B | -21.25% |
| Q1 2024 | $5.70B | $-962.00M | -14.43% |
| Q4 2023 | $6.67B | +$1.86B | +38.85% |
| Q3 2023 | $4.80B | $-1.69B | -26.06% |
| Q2 2023 | $6.49B | $-212.00M | -3.16% |
| Q1 2023 | $6.71B | $-1.54B | -18.71% |
| Q4 2022 | $8.25B | +$2.79B | +51.09% |
| Q3 2022 | $5.46B | $-248.00M | -4.35% |
| Q2 2022 | $5.71B | +$369.00M | +6.91% |
| Q1 2022 | $5.34B | +$2.31B | +76.58% |
| Q4 2021 | $3.02B | $-314.00M | -9.41% |
| Q3 2021 | $3.34B | +$1.59B | +91.34% |
| Q2 2021 | $1.74B | $-378.00M | -17.81% |
| Q1 2021 | $2.12B | $-1.25B | -37.00% |
| Q4 2020 | $3.37B | +$1.22B | +57.09% |
| Q3 2020 | $2.14B | $-441.00M | -17.06% |
| Q2 2020 | $2.58B | $-786.00M | -23.32% |
| Q1 2020 | $3.37B | $-1.02B | -23.19% |
| Q4 2019 | $4.39B | $-1.00B | -18.57% |
| Q3 2019 | $5.39B | +$359.00M | +7.14% |
| Q2 2019 | $5.03B | $-2.10B | -29.47% |
| Q1 2019 | $7.13B | +$2.35B | +49.10% |
| Q4 2018 | $4.78B | +$1.20B | +33.37% |
| Q3 2018 | $3.59B | $-30.00M | -0.83% |
| Q2 2018 | $3.62B | $-1.65B | -31.37% |
| Q1 2018 | $5.27B | +$2.27B | +75.37% |
| Q4 2017 | $3.00B | $-2.90B | -49.15% |
| Q3 2017 | $5.91B | +$758.00M | +14.71% |
| Q2 2017 | $5.15B | +$2.39B | +86.80% |
| Q1 2017 | $2.76B | $-458.00M | -14.24% |
| Q4 2016 | $3.22B | +$89.00M | +2.85% |
| Q3 2016 | $3.13B | +$1.26B | +67.13% |
| Q2 2016 | $1.87B | $-1.24B | -39.84% |
| Q1 2016 | $3.11B | $-120.00M | -3.72% |
| Q4 2015 | $3.23B | +$123.00M | +3.96% |
| Q3 2015 | $3.11B | $-1.53B | -32.98% |
| Q2 2015 | $4.64B | $-377.00M | -7.52% |
| Q1 2015 | $5.01B | +$2.49B | +98.46% |
| Q4 2014 | $2.53B | $-922.00M | -26.74% |
| Q3 2014 | $3.45B | +$1.10B | +46.85% |
| Q2 2014 | $2.35B | $-1.34B | -36.37% |
| Q1 2014 | $3.69B | +$35.00M | +0.96% |
| Q4 2013 | $3.65B | $-1.27B | -25.76% |
| Q3 2013 | $4.92B | +$983.00M | +24.95% |
| Q2 2013 | $3.94B | $-862.00M | -17.95% |
| Q1 2013 | $4.80B | $-398.00M | -7.65% |
| Q4 2012 | $5.20B | +$284.00M | +5.78% |
| Q3 2012 | $4.92B | $-1.06B | -17.77% |
| Q2 2012 | $5.98B | +$483.00M | +8.79% |
| Q1 2012 | $5.50B | +$1.78B | +47.83% |
| Q4 2011 | $3.72B | $-1.17B | -23.97% |
| Q3 2011 | $4.89B | +$1.00B | +25.88% |
| Q2 2011 | $3.88B | $-1.08B | -21.80% |
| Q1 2011 | $4.97B | +$1.83B | +58.59% |
| Q4 2010 | $3.13B | $-720.00M | -18.69% |
| Q3 2010 | $3.85B | +$2.92B | +311.98% |
| Q2 2010 | $935.00M | $-266.00M | -22.15% |
| Q1 2010 | $1.20B | $-543.00M | -31.14% |
| Q4 2009 | $1.74B | +$1.23B | +241.96% |
| Q3 2009 | $510.00M | $-84.00M | -14.14% |
| Q2 2009 | $594.00M | $-319.00M | -34.94% |
| Q1 2009 | $913.00M | +$329.00M | +56.34% |
| Q4 2008 | $584.00M | $-1.36B | -70.04% |
| Q3 2008 | $1.95B | $-103.00M | -5.02% |
| Q2 2008 | $2.05B | +$1.16B | +128.76% |
| Q1 2008 | $897.00M | +$168.00M | +23.05% |
| Q4 2007 | $729.00M | +$165.00M | +29.26% |
| Q4 2006 | $564.00M | +$341.00M | +152.91% |
| Q3 2001 | $223.00M | +$223.00M | — |
| Q2 2001 | $0 | — | — |
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.
- Sector
- Consumer Defensive
- Industry
- Tobacco
- CEO
- Jacek Olczak