菲利普莫里斯国际 2025年季度报告

(Mark One) For the quarterly period endedMarch 31, 2025 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number001-33708 Philip Morris International Inc. Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark whether the registrant (1)has filed all reports required to be filed by Section13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2)has been subject to such filing requirements for the past 90 days.YesþNo¨ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that theregistrant was required to submit such files).YesþNo¨ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smallerreporting company, or an emerging growth company. See the definitions of "large accelerated filer," "accelerated filer," "smallerreporting company," and "emerging growth company" in Rule 12b-2 of the Exchange Act. Large accelerated filerþ Non-accelerated filer☐ Smaller reporting company☐ Emerging growth company☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.¨ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the ExchangeAct).Yes☐Noþ At April17, 2025, there were1,556,517,182shares outstanding of the registrant’s common stock, no par value per share. PHILIP MORRIS INTERNATIONAL INC.TABLE OF CONTENTS PageNo.PARTI-FINANCIAL INFORMATIONItem1.Financial Statements (Unaudited)Condensed Consolidated Statements of Earnings for theThree Months Ended March 31, 2025 and 20243Condensed Consolidated Statements of Comprehensive Earnings for theThree Months Ended March 31, 2025 and 20244Condensed Consolidated Balance Sheets atMarch31, 2025 and December31, 20245–6Condensed Consolidated Statements of Cash Flows for theThree Months Ended March 31, 2025 and 20247–8Condensed Consolidated Statements of Stockholders’ (Deficit) Equity for theThree Months Ended March 31, 2025 and 20249Notes to Condensed Consolidated Financial Statements10–44Item2.Management’s Discussion and Analysis of Financial Condition and Results of Operations45–91Item4.Controls and Procedures92PARTII-OTHER INFORMATIONItem1.Legal Proceedings92Item1A.Risk Factors92Item2.Unregistered Sales of Equity Securities and Use of Proceeds93Item 5.Other Information93Item6.Exhibits94Signature95 In this report, “PMI,” “we,” “us” and “our” refer to Philip Morris International Inc. and its subsidiaries. Trademarks and service marks in this report are the registered property of, or licensed by, the subsidiaries of Philip MorrisInternational Inc. and are italicized. PART I – FINANCIAL INFORMATION Philip Morris International Inc. and SubsidiariesCondensed Consolidated Statements of Earnings(in millions of dollars, except per share data)(Unaudited) Philip Morris International Inc. and SubsidiariesCondensed Consolidated Statements of Comprehensive Earnings(in millions of dollars)(Unaudited) For the Three Months EndedMarch 31, Philip Morris International Inc. and SubsidiariesCondensed Consolidated Balance Sheets(in millions of dollars)(Unaudited) Philip Morris International Inc. and SubsidiariesCondensed Consolidated Balance Sheets (Continued)(in millions of dollars, except share data)(Unaudited) Philip Morris International Inc. and SubsidiariesCondensed Consolidated Statements of Cash Flows(in millions of dollars)(Unaudited) For the Three Months EndedMarch 31, Philip Morris International Inc. and SubsidiariesCondensed Consolidated Statements of Cash Flows (Continued)(in millions of dollars)(Unaudited) For the Three Months EndedMarch 31, The amounts for cash, cash equivalents and restricted cash shown above include restricted cash of $33million and $131million as of March31,2025 and 2024, respectively, and $38million and $86million as of December31, 2024 and 2023, respectively, which were included in othercurrent assets in the condensed consolidated balance sheets.(1) Philip Morris International Inc. and SubsidiariesNotes to Condensed Consolidated Financial Statements(Unaudited) Note 1.Background and Basis of Presentation: Background Philip Morris International Inc. is a holding company incorporated in Virginia, U.S.A. (also referred to herein as the U.S., the UnitedStates or the United States of America), whose subsidiaries and affiliates and their licensees are primarily engaged in the manufactureand sale of cigarettes and smoke-free products. Throughout the