Philip Morris International (WBO:PMOR) Construction In Progress : €1,100 Mil (As of Dec. 2023)

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What is Philip Morris International Construction In Progress?

Philip Morris International's quarterly construction in progress stayed the same from Jun. 2023 (€0 Mil) to Sep. 2023 (€0 Mil) but then increased from Sep. 2023 (€0 Mil) to Dec. 2023 (€1,100 Mil).

Philip Morris International's annual construction in progress increased from Dec. 2021 (€530 Mil) to Dec. 2022 (€999 Mil) and increased from Dec. 2022 (€999 Mil) to Dec. 2023 (€1,100 Mil).

Philip Morris International Construction In Progress Historical Data

The historical data trend for Philip Morris International's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Philip Morris International Construction In Progress Chart

Philip Morris International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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354.60

369.08

530.12

998.75

1,100.40

Philip Morris International Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Construction In Progress	Get a 7-Day Free Trial															-	-	-	1,100.40	-

Philip Morris International Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

Philip Morris International (WBO:PMOR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » Philip Morris International Inc (WBO:PMOR) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

PM:USA PM:Mexico 1PM:Italy 0M8V:UK 4I1:Germany 4I1:Germany 4I1:Germany PMI:Switzerland PHMO34:Brazil

Address

677 Washington Boulevard, Suite 1100, Stamford, Connecticut, New York, NY, USA, 06901

Website

https://www.pmi.com

Philip Morris International is an international tobacco company with a product portfolio primarily consisting of cigarettes and reduced-risk products, including heat-not-burn, vapor and oral nicotine products, which are sold in markets outside the United States. The company diversified away from cigarettes with the 2022 acquisition of Swedish Match, a leading manufacturer of traditional oral tobacco products and nicotine pouches, primarily in the U.S. and Scandinavia. It diversified away from nicotine products with the acquisition of Vectura, a provider of innovative inhaled drug delivery solutions, in 2021.

Philip Morris International (WBO:PMOR) Headlines

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