Total Debt (Carrying Amount)
Based on: 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), 10-K (reporting date: 2018-12-31).
Debt item | Description | The company |
---|---|---|
Total debt, including finance lease obligations (carrying amount) | Sum of the carrying values as of the balance sheet date of all debt plus capital lease obligations. | Philip Morris International Inc. total debt decreased from 2020 to 2021 but then increased from 2021 to 2022 exceeding 2020 level. |
Total Debt (Fair Value)
Dec 31, 2022 | |
---|---|
Selected Financial Data (US$ in millions) | |
Short-term borrowings | 5,637) |
Long-term debt, including current portion, excluding finance leases | 35,061) |
Finance leases | 54) |
Total debt, including finance lease obligations (fair value) | 40,752) |
Financial Ratio | |
Debt, fair value to carrying amount ratio | 0.95 |
Based on: 10-K (reporting date: 2022-12-31).
Weighted-average Interest Rate on Debt
Weighted-average interest rate on debt: 3.39%
Interest rate | Debt amount1 | Interest rate × Debt amount | Weighted-average interest rate2 |
---|---|---|---|
4.40% | 912) | 40) | |
7.50% | 295) | 22) | |
4.90% | 4,430) | 217) | |
3.90% | 22,596) | 880) | |
1.88% | 8,116) | 152) | |
1.77% | 378) | 7) | |
2.23% | 5,850) | 131) | |
2.11% | 343) | 7) | |
3.35% | 203) | 7) | |
Total | 43,123) | 1,463) | |
3.39% |
Based on: 10-K (reporting date: 2022-12-31).
1 US$ in millions
2 Weighted-average interest rate = 100 × 1,463 ÷ 43,123 = 3.39%