Discontinued — last reported Q3 '22

Derivative Assets - Net Reduction from Master Netting Arrangements

Current Assets

Philip Morris International Derivative Assets - Net Reduction from Master Netting Arrangements increased by 19.7% to $91.00M in Q3 2025 compared to the prior quarter. Year-over-year, this metric declined by 5.2%, from $96.00M to $91.00M. Over 3 years (FY 2021 to FY 2024), Derivative Assets - Net Reduction from Master Netting Arrangements shows an upward trend with a 20.0% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryRisk
SignalHigher is better
VolatilityModerate
First reportedQ3 2015
Last reportedQ3 2022

How to read this metric

A higher reduction indicates more effective use of netting agreements to manage counterparty credit risk.

Detailed definition

This metric quantifies the reduction in gross derivative assets that can be legally offset against derivative liabilitie...

Peer comparison

Common in large global banks with significant trading operations; varies based on the complexity of derivative books.

Metric ID: derivative_assets_net_reduction_master_netting

Historical Data

14 periods
 Q4 '21Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25
Value$126.00M$1.26B$346.00M$167.00M$240.00M$566.00M$374.00M$380.00M$483.00M$96.00M$218.00M$288.00M$76.00M$91.00M
QoQ Change—+897.6%-72.5%-51.7%+43.7%+135.8%-33.9%+1.6%+27.1%-80.1%+127.1%+32.1%-73.6%+19.7%
YoY Change——+174.6%——-55.0%+8.1%+127.5%+101.3%-83.0%-41.7%-24.2%-84.3%-5.2%
Range$76.00M – $1.26B
CAGR-9.5%
Avg YoY Growth+11.8%
Median YoY Growth-14.7%

Frequently Asked Questions

What is Philip Morris International's derivative assets - net reduction from master netting arrangements?
Philip Morris International (PM) reported derivative assets - net reduction from master netting arrangements of $91.00M in Q3 2025.
How has Philip Morris International's derivative assets - net reduction from master netting arrangements changed year-over-year?
Philip Morris International's derivative assets - net reduction from master netting arrangements decreased by 5.2% year-over-year, from $96.00M to $91.00M.
What is the long-term trend for Philip Morris International's derivative assets - net reduction from master netting arrangements?
Over 3 years (2021 to 2024), Philip Morris International's derivative assets - net reduction from master netting arrangements has grown at a 20.0% compound annual growth rate (CAGR), from $126.00M to $218.00M.
What does derivative assets - net reduction from master netting arrangements mean?
The amount by which derivative assets are reduced due to legal agreements that allow netting against liabilities.

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