Non-Current Liabilities

Liability, Pension and Other Postretirement and Postemployment Benefits, Noncurrent

Philip Morris International Liability, Pension and Other Postretirement and Postemployment Benefits, Noncurrent 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), Liability, Pension and Other Postretirement and Postemployment Benefits, Noncurrent shows a downward trend with a -11.7% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryRisk
SignalLower is better
VolatilityModerate
First reportedQ4 2014
Last reportedQ1 2026Apr 24, 2026

How to read this metric

An increase indicates rising long-term benefit obligations, often driven by lower discount rates or increased plan participation.

Detailed definition

This reflects the long-term obligations related to defined benefit pension plans and other post-employment benefits prov...

Peer comparison

Standard for established global firms with legacy retirement benefit programs.

Metric ID: non_current_liabilities_pension_and_other_postretirement_ae65f9

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '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%
Range$1.92B$4.05B
CAGR-10.9%
Avg YoY Growth-0.3%
Median YoY Growth-10.8%
Current Streak3 quarters decline

Frequently Asked Questions

What is Philip Morris International's liability, pension and other postretirement and postemployment benefits, noncurrent?
Philip Morris International (PM) reported liability, pension and other postretirement and postemployment benefits, noncurrent of $2.34B in Q1 2026.
How has Philip Morris International's liability, pension and other postretirement and postemployment benefits, noncurrent changed year-over-year?
Philip Morris International's liability, pension and other postretirement and postemployment benefits, noncurrent decreased by 21.8% year-over-year, from $2.99B to $2.34B.
What is the long-term trend for Philip Morris International's liability, pension and other postretirement and postemployment benefits, noncurrent?
Over 5 years (2020 to 2025), Philip Morris International's liability, pension and other postretirement and postemployment benefits, noncurrent has grown at a -11.7% compound annual growth rate (CAGR), from $4.47B to $2.41B.
What does liability, pension and other postretirement and postemployment benefits, noncurrent mean?
The long-term debt owed for employee pension and retirement benefit plans.