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Philip Morris International (Philip Morris International) Other Income (Minority Interest)

: $-455 Mil (TTM As of Dec. 2023)
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Other Income (Minority Interest) represents par value or stated value of the subsidiary stock not owned by the parent company plus the minority interest's equity in the surplus of the subsidiary. Philip Morris International's Other Income (Minority Interest) for the three months ended in Dec. 2023 was $-117 Mil. Its Other Income (Minority Interest) for the trailing twelve months (TTM) ended in Dec. 2023 was $-455 Mil.

Philip Morris International Other Income (Minority Interest) Historical Data

The historical data trend for Philip Morris International's Other Income (Minority Interest) 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.

* Premium members only.

Philip Morris International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Other Income (Minority Interest)
Get a 7-Day Free Trial Premium Member Only Premium Member Only -543.00 -536.00 -601.00 -479.00 -455.00

Philip Morris International Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Other Income (Minority Interest) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -97.00 -107.00 -114.00 -117.00 -117.00

Philip Morris International Other Income (Minority Interest) Calculation

Other Income (Minority Interest) represents par value or stated value of the subsidiary stock not owned by the parent company plus the minority interest's equity in the surplus of the subsidiary.

Other Income (Minority Interest) for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-455 Mil.

* 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.

Philip Morris International  (NYSE:PM) Other Income (Minority Interest) Explanation

Minority interest is a significant but non-controlling ownership of less than 50% of a company's voting shares by either an investor or another company. It is reported on the consolidated income statement as a share of profit belonging to minority shareholders.

Philip Morris International (Philip Morris International) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » Philip Morris International Inc (NYSE:PM) » Definitions » Other Income (Minority Interest)
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Traded in Other Exchanges
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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.
Executives
Wilde Frederic De officer: Sr. VP, Marketing & Sales 120 PARK AVENUE, NEW YORK NY 10017
Yann Guerin officer: SVP & Global Head of L&C 677 WASHINGTON BLVD., SUITE 1100, STAMFORD CT 06901
Werner Barth officer: Sr. VP, Marketing and Sales 120 PARK AVENUE, NEW YORK NY 10017
Lars Dahlgren officer: Pres. Smoke-Free Oral Products 677 WASHINGTON BLVD., STAMFORD CT 06896
Dessislava Temperley director C/O CIMPRESS PLC, 275 WYMAN STREET, WALTHAM MA 02451
Reginaldo Dobrowolski officer: Vice President and Controller 677 WASHINGTON BLVD, SUITE 1100, STAMFORD CT 06901
Martin G. King officer: SVP Operations 120 PARK AVENUE, NEW YORK NY 10017
Paul Riley officer: Pres East Asia & Australia 120 PARK AVENUE, NEW YORK NY 10017
Drago Azinovic officer: Pres., European Union Region 120 PARK AVENUE, NEW YORK NY 10017
Mario Masseroli officer: Pres., Latin America & Canada 120 PARK AVENUE, NEW YORK NY 10017
Juan J. Daboub director 5100 W. 115TH PLACE, LEAWOOD KS 66211
Shlomo Yanai director ONE MEADOWLANDS PLAZA, EAST RUTHERFORD NJ 07073
Stacey Kennedy officer: Pres. South & Southeast Asia 120 PARK AVENUE, NEW YORK NY 10017
Charles Bendotti officer: Senior VP, Human Resources 120 PARK AVENUE, NEW YORK NY 10017
Andre Calantzopoulos director, officer: President & CEO 677 WASHINGTON BLVD, SUITE 1100, STAMFORD CT 06901