XML 82 R53.htm IDEA: XBRL DOCUMENT v2.4.1.9
Quarterly Financial Data (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2014
Quarterly Financial Data [Abstract]  
Schedule of Quarterly Financial Information
 
2014 Quarters
(in millions, except per share data)
1st
 
2nd
 
3rd
 
4th
Net revenues
$
17,779

 
$
21,051

 
$
21,335

 
$
19,941

Gross profit
$
4,543

 
$
5,101

 
$
5,122

 
$
4,565

Net earnings attributable to PMI
$
1,875

 
$
1,851

 
$
2,155

 
$
1,612

Per share data:
 
 
 
 
 
 
 
Basic EPS
$
1.18

 
$
1.17

 
$
1.38

 
$
1.03

Diluted EPS
$
1.18

 
$
1.17

 
$
1.38

 
$
1.03

Dividends declared
$
0.94

 
$
0.94

 
$
1.00

 
$
1.00

Market price:
 
 
 
 
 
 
 
— High
$
87.20

 
$
91.63

 
$
86.85

 
$
90.25

— Low
$
75.28

 
$
81.70

 
$
81.19

 
$
81.16

 
 
 
2013 Quarters
(in millions, except per share data)
1st
 
2nd
 
3rd
 
4th
Net revenues
$
18,527

 
$
20,483

 
$
20,629

 
$
20,390

Gross profit
$
5,095

 
$
5,216

 
$
5,309

 
$
5,187

Net earnings attributable to PMI
$
2,125

 
$
2,124

 
$
2,340

 
$
1,987

Per share data:
 
 
 
 
 
 
 
Basic EPS
$
1.28

 
$
1.30

 
$
1.44

 
$
1.24

Diluted EPS
$
1.28

 
$
1.30

 
$
1.44

 
$
1.24

Dividends declared
$
0.85

 
$
0.85

 
$
0.94

 
$
0.94

Market price:
 
 
 
 
 
 
 
— High
$
93.61

 
$
96.73

 
$
91.40

 
$
91.81

— Low
$
84.33

 
$
86.05

 
$
82.86

 
$
83.81

 
 
 
 
 
 
 
 
Pre-Tax Charges Recorded in Earnings
During 2014 and 2013, PMI recorded the following pre-tax charges in earnings:
 
2014 Quarters
(in millions)
1st
 
2nd
 
3rd
 
4th
Asset impairment and exit costs
$
23

 
$
489

 
$
(9
)
 
$
32

 
 
 
2013 Quarters
(in millions)
1st
 
2nd
 
3rd
 
4th
Asset impairment and exit costs
$
3

 
$
5

 
$

 
$
301