Philip Morris International Inc Cash Flow
Concept
Operating Cash Flow
Net Income
Depreciation & Amortization
Stock based compensation
Other non cash items
Change in working capital
Investing Cash Flow
Capital Expenditures
Financing Cash Flow
Dividends Paid
Payout Ratio
Share Issuance / Repurchase
Debt Issued / Paid
Other Investing Activities
End Cash Position
Changes in Cash
Beginning Cash Position
Free Cash Flow
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
2010
2009
2008
2007
2006
2005
2003
9,204M
8,268M
1,398M
710M
458M
-1,300M
-3,598M
1,321M
-5,582M
7,964M
96.43 %
0M
0M
10,535M
3,146M
-71M
3,217M
7,883M
10,803M
9,527M
1,189M
183M
159M
162M
264M
1,077M
3,806M
7,812M
81.92 %
-209M
14,176M
19,346M
3,217M
-1,283M
4,500M
9,726M
11,967M
9,710M
998M
-22M
-69M
1,367M
432M
748M
-11,977M
7,580M
78.01 %
-775M
-3,042M
-580M
4,500M
-2,785M
7,285M
11,219M
9,812M
8,592M
981M
-14M
268M
128M
-598M
602M
-8,496M
7,364M
85.84 %
0M
-356M
2,982M
7,285M
420M
6,865M
9,210M
10,090M
7,728M
964M
371M
413M
755M
355M
852M
-8,061M
7,161M
92.56 %
51M
-543M
4,451M
6,865M
245M
6,620M
9,238M
9,478M
8,286M
989M
0M
139M
164M
353M
1,436M
-9,651M
6,885M
83.11 %
-81M
-2,229M
-282M
6,620M
-1,856M
8,476M
8,042M
8,912M
6,341M
875M
-10M
328M
1,879M
-3,014M
1,548M
-2,769M
6,520M
102.94 %
5M
4,172M
8,063M
8,447M
4,208M
4,239M
7,364M
8,077M
7,250M
743M
-31M
-4M
-63M
-968M
1,172M
-5,413M
6,378M
88.01 %
7M
1,131M
3,370M
4,239M
822M
3,417M
6,905M
7,865M
7,032M
754M
-164M
195M
66M
-55M
960M
-4,736M
6,250M
88.77 %
-48M
44M
1,518M
3,417M
1,735M
1,682M
6,905M
7,739M
7,658M
889M
175M
-3M
-918M
-29M
1,153M
-6,839M
6,035M
78.73 %
-3,833M
3,271M
-242M
1,682M
-472M
2,154M
6,586M
10,135M
8,850M
882M
288M
353M
-210M
-1,418M
1,200M
-8,215M
5,720M
64.65 %
-5,963M
4,495M
-1,027M
2,154M
-829M
2,983M
8,935M
9,421M
9,154M
898M
26M
252M
-661M
0M
1,056M
-8,100M
5,404M
58.96 %
-6,525M
4,177M
7,285M
2,983M
433M
2,550M
8,365M
10,529M
8,879M
993M
-524M
332M
834M
0M
897M
-8,338M
4,788M
53.89 %
-5,372M
2,058M
3,409M
2,550M
847M
1,703M
9,632M
9,437M
7,498M
932M
-461M
112M
1,255M
0M
713M
-8,578M
4,423M
58.97 %
-5,030M
938M
829M
1,703M
163M
1,540M
8,724M
7,884M
6,552M
853M
-450M
248M
552M
0M
715M
-6,911M
4,327M
66.07 %
-5,625M
3,132M
2,965M
1,540M
9M
1,531M
7,169M
7,935M
6,890M
842M
107M
224M
-133M
0M
1,099M
-4,178M
5,079M
73.49 %
-5,256M
0M
11,775M
1,531M
30M
1,501M
6,836M
5,589M
6,026M
748M
203M
180M
-1,547M
0M
1,072M
-3,369M
6,560M
108.74 %
0M
0M
6,572M
1,656M
-20M
1,676M
4,517M
6,236M
6,146M
658M
-102M
38M
-730M
0M
886M
-5,417M
2,780M
45.36 %
0M
0M
-2,637M
1,676M
467M
1,209M
5,350M
5,158M
5,620M
527M
424M
-297M
-370M
0M
736M
-2,964M
7,682M
136.8 %
0M
0M
4,718M
1,209M
-3,787M
4,996M
4,422M
4,630M
3,975M
370M
0M
285M
0M
0M
586M
-2,601M
0M
0 %
0M
0M
-2,601M
520M
520M
0M
4,044M
Concept
Operating Cash Flow
Net Income
Depreciation & Amortization
Stock based compensation
Other non cash items
Change in working capital
Investing Cash Flow
Capital Expenditures
Financing Cash Flow
Dividends Paid
Payout Ratio
Share Issuance / Repurchase
Debt Issued / Paid
Other Investing Activities
End Cash Position
Changes in Cash
Beginning Cash Position
Free Cash Flow
4Q2023
3Q2023
2Q2023
1Q2023
4Q2022
3Q2022
2Q2022
1Q2022
4Q2021
3Q2021
2Q2021
1Q2021
4Q2020
3Q2020
2Q2020
1Q2020
4Q2019
3Q2019
2Q2019
1Q2019
4Q2018
3Q2018
2Q2018
1Q2018
4Q2017
3Q2017
2Q2017
1Q2017
4Q2016
3Q2016
2Q2016
1Q2016
4Q2015
3Q2015
2Q2015
1Q2015
4Q2014
3Q2014
2Q2014
1Q2014
4Q2013
3Q2013
2Q2013
1Q2013
4Q2012
3Q2012
2Q2012
1Q2012
4Q2011
3Q2011
2Q2011
1Q2011
4Q2010
3Q2010
2Q2010
1Q2010
4Q2009
3Q2009
2Q2009
1Q2009
4Q2008
3Q2008
2Q2008
1Q2008
4Q2007
3Q2007
2Q2007
1Q2007
4Q2006
3Q2006
2Q2006
1Q2006
3,302M
2,313M
-311M
675M
95M
894M
-568M
311M
-2,897M
2,023M
87.25 %
0M
0M
261M
3,146M
112M
3,034M
2,991M
3,415M
2,171M
429M
-50M
-78M
698M
-1,956M
371M
-1,765M
1,977M
90.71 %
0M
330M
586M
3,034M
-478M
3,512M
3,044M
3,442M
1,682M
981M
-17M
327M
584M
-261M
360M
-1,784M
1,977M
117.59 %
0M
404M
1,587M
3,512M
1,066M
2,446M
3,082M
-955M
2,102M
299M
77M
216M
-3,476M
-172M
279M
864M
1,987M
94.81 %
0M
3,672M
8,101M
2,446M
-771M
3,217M
-1,234M
3,093M
2,494M
291M
30M
-177M
573M
-350M
347M
9,877M
1,973M
78.88 %
209M
13,536M
16,595M
3,217M
-2,157M
5,374M
2,746M
3,068M
2,222M
358M
48M
30M
468M
120M
252M
-2,271M
1,942M
87.41 %
-209M
-208M
1,933M
5,374M
331M
5,043M
2,816M
3,524M
2,346M
287M
0M
158M
820M
393M
249M
-3,099M
1,945M
82.78 %
-209M
-877M
-1,138M
5,043M
417M
4,626M
3,275M
1,118M
2,465M
253M
0M
100M
-1,699M
101M
229M
-701M
1,952M
79.25 %
-209M
1,725M
1,956M
4,626M
126M
4,500M
889M
4,032M
2,229M
279M
12M
-94M
1,605M
180M
289M
-3,801M
1,952M
87.41 %
-681M
-1,045M
-123M
4,500M
-300M
4,800M
3,743M
3,870M
2,588M
235M
-8M
38M
1,037M
-26M
152M
-2,053M
1,876M
72.29 %
-94M
90M
-87M
4,800M
-120M
4,920M
3,718M
3,630M
2,298M
239M
10M
1M
1,113M
-183M
128M
-2,474M
1,873M
81.63 %
0M
-406M
-195M
4,920M
1,014M
3,906M
3,502M
435M
2,595M
245M
-36M
-14M
-2,388M
199M
179M
-3,649M
1,879M
72.29 %
0M
-1,681M
-89M
3,906M
-3,379M
7,285M
256M
3,162M
2,119M
272M
30M
22M
675M
-457M
140M
-465M
1,879M
88.97 %
0M
1,572M
1,484M
7,285M
2,458M
4,827M
3,022M
3,614M
2,437M
239M
-42M
85M
988M
-312M
152M
-2,528M
1,827M
75 %
1M
-487M
-373M
4,827M
620M
4,207M
3,462M
1,925M
2,049M
229M
46M
-34M
-295M
-511M
140M
-954M
1,830M
88.64 %
0M
1,078M
951M
4,207M
457M
3,750M
1,785M
1,111M
1,987M
241M
-48M
195M
-1,240M
682M
170M
-4,549M
1,828M
91.41 %
2M
-2,519M
920M
3,750M
-3,115M
6,865M
941M
3,324M
1,782M
255M
371M
-137M
1,070M
-43M
156M
-2,959M
1,825M
102.63 %
4M
-1,051M
-83M
6,865M
354M
6,511M
3,168M
2,083M
2,046M
237M
0M
67M
-268M
310M
194M
453M
1,779M
87.02 %
2M
2,280M
2,321M
6,511M
2,498M
4,013M
1,889M
3,442M
2,436M
232M
0M
-20M
825M
21M
178M
-2,404M
1,777M
72.61 %
45M
-457M
1,458M
4,013M
927M
3,086M
3,264M
1,241M
1,464M
240M
0M
503M
-872M
67M
324M
-3,151M
1,780M
121.28 %
0M
-1,315M
933M
3,086M
-3,534M
6,620M
917M
2,422M
2,003M
255M
0M
-6M
228M
454M
334M
-1,747M
1,775M
88.37 %
1M
179M
29M
6,620M
707M
5,913M
2,088M
1,683M
2,341M
246M
0M
101M
-1,008M
-148M
328M
-1,889M
1,778M
75.5 %
3M
-44M
-111M
5,913M
-709M
6,622M
1,355M
3,993M
2,295M
246M
0M
-82M
1,605M
730M
409M
-4,277M
1,673M
72.97 %
6M
-2,467M
-121M
6,622M
-609M
7,231M
3,584M
1,380M
1,647M
242M
0M
126M
-661M
-683M
365M
-1,738M
1,659M
100.94 %
-91M
103M
-79M
7,231M
-1,245M
8,476M
1,015M
2,921M
796M
243M
-2M
385M
1,645M
-341M
553M
-1,537M
1,666M
209.8 %
0M
224M
2,388M
8,447M
780M
7,667M
2,368M
1,920M
2,045M
225M
-2M
49M
28M
-618M
435M
359M
1,618M
78.79 %
2M
2,015M
3,215M
7,667M
1,470M
6,197M
1,485M
3,228M
1,842M
210M
-4M
45M
1,092M
-674M
268M
-1,932M
1,618M
87.39 %
3M
-109M
-313M
6,197M
1,121M
5,076M
2,960M
843M
1,658M
197M
-2M
-151M
-886M
-5M
292M
341M
1,618M
97.2 %
0M
2,042M
2,773M
5,076M
837M
4,239M
551M
2,149M
1,775M
195M
-5M
-102M
154M
-15M
438M
-1,853M
1,619M
91.23 %
2M
-278M
44M
4,239M
-645M
4,884M
1,711M
3,092M
2,028M
188M
-4M
20M
854M
-10M
254M
-1,566M
1,586M
77.86 %
0M
56M
76M
4,884M
1,070M
3,814M
2,838M
2,374M
1,842M
185M
-8M
82M
239M
-9M
254M
-1,401M
1,588M
85.71 %
-1M
338M
1,407M
3,814M
870M
2,944M
2,120M
462M
1,605M
175M
-14M
-4M
-1,310M
-7M
226M
-593M
1,585M
98.08 %
6M
1,015M
1,955M
2,944M
-473M
3,417M
236M
1,872M
1,298M
193M
56M
-14M
459M
-31M
324M
-275M
1,585M
121.43 %
1,503M
-181M
1,491M
3,417M
1,024M
2,393M
1,548M
2,693M
1,984M
184M
-16M
47M
538M
-13M
223M
-1,821M
1,555M
78.13 %
6M
-250M
635M
2,393M
555M
1,838M
2,470M
3,675M
1,916M
185M
-44M
164M
1,440M
-3M
210M
-3,165M
1,555M
80.65 %
113M
-1,678M
-1,596M
1,838M
314M
1,524M
3,465M
-375M
1,834M
192M
-160M
-2M
-2,371M
-8M
203M
525M
1,555M
84.75 %
-48M
2,153M
-25M
1,524M
-158M
1,682M
-578M
1,354M
1,649M
229M
-65M
4M
-349M
-7M
349M
-1,277M
1,564M
95.24 %
-783M
1,104M
-33M
1,682M
-361M
2,043M
1,005M
2,965M
2,198M
233M
-42M
74M
531M
-6M
296M
-2,075M
1,478M
67.38 %
-769M
203M
-31M
2,043M
502M
1,541M
2,669M
2,705M
1,895M
216M
459M
-137M
277M
-16M
252M
-2,682M
1,490M
78.51 %
-1,040M
-89M
-64M
1,541M
-282M
1,823M
2,453M
715M
1,916M
211M
-177M
56M
-1,377M
0M
256M
-805M
1,503M
78.51 %
-1,241M
2,053M
-114M
1,823M
-331M
2,154M
459M
2,320M
2,036M
223M
297M
18M
-153M
-762M
379M
-2,312M
1,518M
74.6 %
-1,447M
719M
-66M
2,154M
-1,228M
3,382M
1,941M
3,315M
2,402M
218M
-5M
106M
590M
-656M
301M
-2,604M
1,387M
57.72 %
-1,488M
1,014M
-743M
3,382M
-204M
3,586M
3,014M
3,137M
2,194M
219M
-2M
129M
607M
0M
280M
-3,246M
1,401M
63.7 %
-1,575M
-189M
-81M
3,586M
-395M
3,981M
2,857M
1,363M
2,218M
222M
-2M
100M
-1,254M
0M
240M
-53M
1,414M
63.7 %
-1,453M
2,951M
-137M
3,981M
998M
2,983M
1,123M
1,650M
2,191M
233M
91M
-91M
-635M
0M
337M
-3,212M
1,431M
65.89 %
-1,968M
273M
459M
2,983M
-1,834M
4,817M
1,313M
2,393M
2,324M
216M
-5M
73M
-140M
0M
243M
-1,400M
1,310M
56.52 %
-1,498M
1,455M
-47M
4,817M
971M
3,846M
2,150M
3,480M
2,407M
222M
-23M
157M
802M
0M
249M
-2,705M
1,325M
54.93 %
-1,632M
332M
-80M
3,846M
270M
3,576M
3,231M
1,898M
2,232M
227M
-37M
113M
-688M
0M
227M
-783M
1,338M
60 %
-1,427M
2,117M
-135M
3,576M
1,026M
2,550M
1,671M
961M
1,946M
250M
-429M
118M
-998M
0M
329M
-1,284M
1,347M
69.03 %
-1,005M
1,106M
2,309M
2,550M
-841M
3,391M
632M
3,053M
2,461M
255M
-37M
71M
332M
0M
223M
-1,356M
1,133M
46.1 %
-1,445M
1,203M
19M
3,391M
1,213M
2,178M
2,830M
4,120M
2,485M
249M
-43M
82M
1,396M
0M
186M
-3,039M
1,149M
46.43 %
-1,614M
-196M
-284M
2,178M
856M
1,322M
3,934M
2,395M
1,987M
239M
-15M
61M
104M
0M
159M
-2,659M
1,159M
58.56 %
-1,308M
-55M
-224M
1,322M
-381M
1,703M
2,236M
1,581M
1,810M
255M
-249M
70M
-409M
0M
230M
-3,071M
1,169M
64.29 %
-1,167M
-778M
-680M
1,703M
-1,804M
3,507M
1,351M
2,417M
1,892M
230M
-15M
59M
277M
0M
164M
-503M
1,071M
57.28 %
-1,035M
1,544M
3,068M
3,507M
1,923M
1,584M
2,253M
3,465M
2,042M
224M
-33M
-46M
1,280M
0M
169M
-2,492M
1,085M
53.64 %
-1,104M
-252M
-247M
1,584M
734M
850M
3,296M
1,974M
1,754M
223M
-164M
29M
107M
0M
150M
-2,512M
1,098M
62.37 %
-1,724M
424M
656M
850M
-690M
1,540M
1,824M
1,465M
1,584M
246M
0M
-71M
-294M
0M
232M
-1,201M
1,115M
70.37 %
-1,367M
0M
1,335M
1,540M
-62M
1,602M
1,233M
1,846M
1,854M
212M
0M
82M
-302M
0M
160M
-2,565M
1,051M
56.25 %
-1,408M
0M
-25M
1,602M
-1,000M
2,602M
1,686M
3,146M
1,638M
202M
0M
16M
1,290M
0M
178M
-2,863M
1,072M
65.48 %
-1,474M
0M
-46M
2,602M
241M
2,361M
2,968M
1,427M
1,476M
193M
-224M
69M
-142M
0M
145M
-282M
1,089M
72.97 %
-1,376M
0M
2,166M
2,361M
830M
1,531M
1,282M
750M
1,251M
217M
-76M
133M
-751M
0M
275M
-1,004M
1,104M
88.33 %
-868M
0M
1,959M
1,531M
-1,272M
2,803M
475M
2,003M
2,080M
221M
45M
-14M
-355M
0M
250M
-450M
956M
45.54 %
-2,440M
0M
5,991M
2,803M
-225M
3,028M
1,753M
3,516M
1,692M
203M
143M
-99M
1,585M
0M
273M
-1,076M
3,019M
178.75 %
0M
0M
3,730M
3,028M
1,797M
1,231M
3,243M
1,666M
1,867M
201M
-5M
204M
-612M
0M
301M
-1,648M
3,019M
160.67 %
0M
0M
2,301M
1,231M
-425M
1,656M
1,365M
271M
1,373M
218M
-2M
75M
-1,381M
0M
358M
-577M
4,080M
296.92 %
0M
0M
6,154M
1,656M
-1,532M
3,188M
-87M
1,100M
1,725M
192M
73M
-4M
-823M
0M
256M
-1,003M
1,250M
71.95 %
0M
0M
447M
3,188M
-120M
3,308M
844M
3,207M
1,483M
175M
76M
86M
1,386M
0M
228M
-1,055M
700M
47.14 %
0M
0M
175M
3,308M
1,937M
1,371M
2,979M
1,011M
1,445M
163M
56M
23M
-729M
0M
230M
-734M
530M
36.23 %
0M
0M
-204M
1,371M
-305M
1,676M
781M
6,236M
1,612M
0M
0M
0M
0M
0M
886M
0M
2,780M
173.68 %
0M
0M
0M
1,676M
0M
0M
0M
0M
1,382M
0M
0M
0M
0M
0M
0M
0M
0M
0 %
0M
0M
0M
0M
0M
0M
0M
0M
1,402M
0M
0M
0M
0M
0M
0M
0M
0M
0 %
0M
0M
0M
0M
0M
0M
0M
0M
1,750M
0M
0M
0M
0M
0M
0M
0M
0M
0 %
0M
0M
0M
0M
0M
0M
0M