Defined Benefit Pension Plan Liabilities (Non-Current)
Philip Morris International Defined Benefit Pension Plan Liabilities (Non-Current) decreased by 2.7% to $2.34B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 21.8%, from $2.99B to $2.34B. Over 5 years (FY 2020 to FY 2025), Defined Benefit Pension Plan Liabilities (Non-Current) shows a downward trend with a -11.7% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase indicates a growing pension deficit, potentially requiring higher future cash contributions, while a decrease signals improved funding status.
Detailed definition
This represents the long-term liability recognized when the projected benefit obligation of a defined benefit pension pl...
Peer comparison
Standard for mature companies with legacy pension obligations to their workforce.
defined_benefit_plan_liabilities_noncurrentHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $4.05B | $3.99B | $2.97B | $2.88B | $2.75B | $2.60B | $1.98B | $1.98B | $1.98B | $1.92B | $3.05B | $2.82B | $2.82B | $2.96B | $2.94B | $2.99B | $3.30B | $3.22B | $2.41B | $2.34B |
| QoQ Change | — | -1.6% | -25.6% | -3.0% | -4.4% | -5.6% | -23.6% | -0.4% | +0.4% | -3.5% | +59.1% | -7.3% | -0.0% | +4.7% | -0.6% | +1.7% | +10.2% | -2.2% | -25.3% | -2.7% |
| YoY Change | — | — | — | — | -32.1% | -34.9% | -33.2% | -31.4% | -27.9% | -26.3% | +53.5% | +42.8% | +42.3% | +54.4% | -3.5% | +5.9% | +16.7% | +9.0% | -18.2% | -21.8% |
Defined Benefit Pension Plan Liabilities (Non-Current) at Other Companies
Frequently Asked Questions
- What is Philip Morris International's defined benefit pension plan liabilities (non-current)?
- Philip Morris International (PM) reported defined benefit pension plan liabilities (non-current) of $2.34B in Q1 2026.
- How has Philip Morris International's defined benefit pension plan liabilities (non-current) changed year-over-year?
- Philip Morris International's defined benefit pension plan liabilities (non-current) decreased by 21.8% year-over-year, from $2.99B to $2.34B.
- What is the long-term trend for Philip Morris International's defined benefit pension plan liabilities (non-current)?
- Over 5 years (2020 to 2025), Philip Morris International's defined benefit pension plan liabilities (non-current) has grown at a -11.7% compound annual growth rate (CAGR), from $4.47B to $2.41B.
- What does defined benefit pension plan liabilities (non-current) mean?
- The long-term shortfall in funding for company-sponsored pension plans.