PMPhilip Morris International
Philip Morris International Inc. is a Virginia holding company incorporated in 1987. 10-K, Item 1
- Employees
- 84,900
- Headquarters
- Stamford, CT
- Next results
- around Feb 5, 2027
What the debt is made of, and when it is due
balance sheet of Sep 30, 2026 · schedule of Dec 31, 2025The debt note's own lines, 2025-12-31
Fixed rate $0Floating $700.0M Not stated $45.3B
| Line, as the company names it | Kind | Rate | Fixed or floating | Amount |
|---|---|---|---|---|
| 5.250% US Dollar Notes Due February 2034 (US Dollar Notes) | Notes and bonds | 5.25% | not stated | $1.8B |
| 5.125% US Dollar Notes Due February 2030, Issued February 2023 (US Dollar Notes) | Notes and bonds | 5.12% | not stated | $1.5B |
| 5.125% US Dollar Notes Due November 2027 (US Dollar Notes) | Notes and bonds | 5.12% | not stated | $1.5B |
| 5.750% US Dollar Notes Due November 2032 (US Dollar Notes) | Notes and bonds | 5.75% | not stated | $1.5B |
| 5.375% US Dollar Notes Due February 2033, Issued February 2023 (US Dollar Notes) | Notes and bonds | 5.38% | not stated | $1.5B |
| 6.375% US Dollar Notes Due May 2038 (US Dollar Notes) | Notes and bonds | 6.38% | not stated | $1.5B |
| 5.625% US Dollar Notes Due November 2029 (US Dollar Notes) | Notes and bonds | 5.62% | not stated | $1.2B |
| 5.125% US Dollar Notes Due February 2031 (US Dollar Notes) | Notes and bonds | 5.12% | not stated | $1.2B |
| 5.625% US Dollar Notes Due September 2033 (US Dollar Notes) | Notes and bonds | 5.62% | not stated | $1.0B |
| 4.875% US Dollar Notes Due February 2028 Issued In February 2023 (US Dollar Notes) | Notes and bonds | 4.88% | not stated | $1.0B |
| 2.875% Euro Notes Due March 2026 (Foreign Currency Obligations) | Notes and bonds | 2.88% | not stated | $1.0B |
| 2.710% Swedish Krona Due January 2026 (Foreign Currency Obligations) | – | 2.71% | not stated | $1.0B |
| 4.875% US Dollar Notes Due February 2029 (US Dollar Notes) | Notes and bonds | 4.88% | not stated | $1.0B |
| 4.125% US Dollar Notes Due March 2043 (US Dollar Notes) | Notes and bonds | 4.12% | not stated | $850.0M |
| 4.625% US Dollar Notes Due October 2035 (US Dollar Notes) | Notes and bonds | 4.62% | not stated | $850.0M |
| US Dollar Notes, 5.125%, Due October 2032 (US Dollar Notes) | Notes and bonds | 4.25% | not stated | $850.0M |
| 5.375% US Dollar Notes Due February 2033, Issued May 2023 (US Dollar Notes) | Notes and bonds | 5.38% | not stated | $750.0M |
| 4.875% US Dollar Notes Due November 2043 (US Dollar Notes) | Notes and bonds | 4.88% | not stated | $750.0M |
| 4.375% US Dollar Notes Due November 2041 (US Dollar Notes) | Notes and bonds | 4.38% | not stated | $750.0M |
| 4.250% US Dollar Notes Due November 2044 (US Dollar Notes) | Notes and bonds | 4.25% | not stated | $750.0M |
| 1.450% Euro Notes Due August 2039 (Foreign Currency Obligations) | Notes and bonds | 1.45% | not stated | $750.0M |
| 1.750% US Dollar Notes Due November 2030 (US Dollar Notes) | Notes and bonds | 1.75% | not stated | $750.0M |
| 3.875% US Dollar Notes Due August 2042 (US Dollar Notes) | Notes and bonds | 3.88% | not stated | $750.0M |
| 3.375% US Dollar Notes Due August 2029 (US Dollar Notes) | Notes and bonds | 3.38% | not stated | $750.0M |
| 2.100% US Dollar Notes Due May 2030 (US Dollar Notes) | Notes and bonds | 2.10% | not stated | $750.0M |
| 2.750% US Dollar Notes Due February 2026 (US Dollar Notes) | Notes and bonds | 2.75% | not stated | $750.0M |
| 3.875% US Dollar Notes Due October 2028 (US Dollar Notes) | Notes and bonds | 3.88% | not stated | $750.0M |
| 4.000% US Dollar Notes Due October 2030 (US Dollar Notes) | Notes and bonds | 4.00% | not stated | $750.0M |
| 4.125% US Dollar Notes Due April 2028 (US Dollar Notes) | Notes and bonds | 4.12% | not stated | $750.0M |
| 4.375% US Dollar Notes Due April 2030 (US Dollar Notes) | Notes and bonds | 4.38% | not stated | $750.0M |
| 4.375% US Dollar Notes Due November 2027 (US Dollar Notes) | Notes and bonds | 4.38% | not stated | $750.0M |
| 4.625% US Dollar Notes Due November 2029 (US Dollar Notes) | Notes and bonds | 4.62% | not stated | $750.0M |
| 4.750% US Dollar Notes Due February 2027 (US Dollar Notes) | Notes and bonds | 4.75% | not stated | $750.0M |
| 4.750% US Dollar Notes Due November 2031 (US Dollar Notes) | Notes and bonds | 4.75% | not stated | $750.0M |
| 4.900% US Dollar Notes Due November 2034 (US Dollar Notes) | Notes and bonds | 4.90% | not stated | $750.0M |
| 0.875% US Dollar Notes Due May 2026 (US Dollar Notes) | Notes and bonds | 0.88% | not stated | $750.0M |
| 0.800% Euro Notes Due August 2031 (Foreign Currency Obligations) | Notes and bonds | 0.80% | not stated | $750.0M |
| 5.500% US Dollar Notes Due September 2030 (US Dollar Notes) | Notes and bonds | 5.50% | not stated | $700.0M |
| 5.125% US Dollar Notes Due February 2030, Issued May 2023 (US Dollar Notes) | Notes and bonds | 5.12% | not stated | $700.0M |
| 4.500% US Dollar Notes Due March 2042 (US Dollar Notes) | Notes and bonds | 4.50% | not stated | $700.0M |
| 5.250% US Dollar Notes Due September 2028 (US Dollar Notes) | Notes and bonds | 5.25% | not stated | $650.0M |
| 4.875% US Dollar Notes Due April 2035 (US Dollar Notes) | Notes and bonds | 4.88% | not stated | $600.0M |
| 4.875% US Dollar Notes Due February 2028 Issued In May 2023 (US Dollar Notes) | Notes and bonds | 4.88% | not stated | $550.0M |
| 2.750% Euro Notes Due June 2029 (Foreign Currency Obligations) | Notes and bonds | 2.75% | not stated | $500.0M |
| Euro Notes, 3.250% Due June 2032 (Foreign Currency Obligations) | Notes and bonds | 3.25% | not stated | $500.0M |
| 3.750% Euro Notes Due January 2031 (Foreign Currency Obligations) | Notes and bonds | 3.75% | not stated | $500.0M |
| 4.250% US Dollar Notes Due November 2044 (US Dollar Notes) | Notes and bonds | 4.25% | not stated | $500.0M |
| 1.875% Euro Notes Due November 2037 (Foreign Currency Obligations) | Notes and bonds | 1.88% | not stated | $500.0M |
| 3.125% Euro Notes Due June 2033 (Foreign Currency Obligations) | Notes and bonds | 3.12% | not stated | $500.0M |
| 3.125% US Dollar Notes Due August 2027 (US Dollar Notes) | Notes and bonds | 3.12% | not stated | $500.0M |
| 3.125% US Dollar Notes Due March 2028 (US Dollar Notes) | Notes and bonds | 3.12% | not stated | $500.0M |
| 2.000% Euro Notes Due May 2036 (Foreign Currency Obligations) | Notes and bonds | 2.00% | not stated | $500.0M |
| 2.875% Euro Notes Due May 2029 (Foreign Currency Obligations) | Notes and bonds | 2.88% | not stated | $500.0M |
| 0.125% Euro Notes Due August 2026 (Foreign Currency Obligations) | Notes and bonds | 0.12% | not stated | $500.0M |
| Floating Rate US Dollar Notes Due April 2028 (US Dollar Notes) | Notes and bonds | – | floating | $400.0M |
| 0.875% Euro Notes Due February 2027 (Foreign Currency Obligations) | Notes and bonds | 0.88% | not stated | $300.0M |
| 2.190% Swedish Krona Due April 2029 (Foreign Currency Obligations) | – | 2.19% | not stated | $300.0M |
| Floating Rate US Dollar Notes Due October 2028 (US Dollar Notes) | Notes and bonds | – | floating | $300.0M |
| Bank loans | – | 10.30% | not stated | $168.0M |
| 4.000% US Dollar Notes Due May 2028 (US Dollar Notes) | Notes and bonds | 4.00% | not stated | $50.0M |
All 60 lines
From the debt note in the 10-K's XBRL (0001628280-26-005939), as the company tags it: by issue, by year, by currency or by kind. Lines from two ways of cutting the same debt can overlap, so they are not added up. Fixed or floating is read from the line's own name only; "not stated" when it says neither.
Left: the debt lines on the balance sheet (XBRL). Right: the principal due each year, from the debt note's maturity schedule; it can differ a little from the balance sheet, which shows the debt net of discounts and fees. Leases are not counted.
When PM has to repay the principal of its long-term debt, from the debt note of the 10-K filed Feb 6, 2026 (balance sheet of Dec 31, 2025). Fiscal years are counted from that date.
Due within 5 years
$26.2B
of $26.2B scheduled
Cash vs next 12 months
1.4×
$4.9B cash on the same balance sheet
| When | Principal due | Share | |
|---|---|---|---|
| Next 12 months FY2026 | $3.5B | 14% | |
| Year 2 FY2027 | $6.8B | 26% | |
| Year 3 FY2028 | $5.0B | 19% | |
| Year 4 FY2029 | $5.0B | 19% | |
| Year 5 FY2030 | $5.9B | 23% |
Principal only: interest, leases and commercial paper are not in this schedule. Hover a row for its XBRL line. Open the filing ↗
Work on PM in a spreadsheet:
Excel workbook (a sheet per section, ten years by column, charts, links to the filings) ·
CSV.
For a Google Sheet that stays up to date, paste =IMPORTDATA("https://tickdelta.com/company/PM/export.csv") into a cell.