Microsoft Excel LibreOffice Calc

Philip Morris International Inc. (PM)

Analysis of Inventory

Advanced level

Inventory Disclosure

Philip Morris International Inc., balance sheet: inventory

US$ in millions

Microsoft Excel LibreOffice Calc
Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016 Dec 31, 2015
Leaf tobacco 2,052  2,318  2,606  2,498  2,640 
Other raw materials 1,596  1,405  1,563  1,569  1,613 
Finished product 5,587  5,081  4,637  4,950  4,220 
Inventories 9,235  8,804  8,806  9,017  8,473 

Based on: 10-K (filing date: 2020-02-07), 10-K (filing date: 2019-02-07), 10-K (filing date: 2018-02-13), 10-K (filing date: 2017-02-14), 10-K (filing date: 2016-02-17).

Item Description The company
Inventories Amount after valuation and LIFO reserves of inventory expected to be sold, or consumed within one year or operating cycle, if longer. Philip Morris International Inc.’s inventories decreased from 2017 to 2018 but then increased from 2018 to 2019 exceeding 2017 level.