Question 1

What is Philip Morris International's income taxes payable?

Accepted Answer

Philip Morris International (PM) reported income taxes payable of $1.08B in Q2 2026.

Question 2

How has Philip Morris International's income taxes payable changed year-over-year?

Accepted Answer

Philip Morris International's income taxes payable increased by 36.9% year-over-year, from $786M to $1.08B.

Question 3

What is the long-term trend for Philip Morris International's income taxes payable?

Accepted Answer

Over 5 years (2020 to 2025), Philip Morris International's income taxes payable has grown at a 2.8% compound annual growth rate (CAGR), from $1.09B to $1.26B.

Question 4

What does income taxes payable mean?

Accepted Answer

Current income taxes owed to federal, state, and local tax authorities for the current and prior periods.

Line item	June 30,2026	December 31,2025
Employment costs	1,293	1,545
Dividends payable	2,314	2,312
Other	3,273	3,298
Income taxes	1,076	1,255
Total current liabilities	26,542	25,427
Long-term debt (Note 11)	42,366	45,134
Deferred income taxes	2,057	2,065
Employment costs	2,249	2,406

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Philip Morris International PM Income Taxes Payable