What is Philip Morris International's deferred taxes?

Philip Morris International (PM) reported deferred taxes of $2.01B in Q1 2026.

What does deferred taxes mean?

Future tax payments resulting from timing differences between accounting and tax reporting rules.

Deferred Taxes

Philip Morris International Deferred Taxes decreased by 2.5% to $2.01B in Q1 2026 compared to the prior quarter.

Analysis

StatementBalance Sheet Statement

SectionOther

CategoryRisk

SignalContext dependent

VolatilityModerate

First reportedQ4 2025

Last reportedQ1 2026

How to read this metric

An increase often reflects accelerated depreciation for tax purposes, which provides current cash flow benefits at the expense of future tax liabilities.

Detailed definition

This represents the net amount of income taxes that will be payable in future periods as a result of temporary differenc...

Peer comparison

Common in mining companies with significant capital expenditures and long-lived assets.

Metric ID: other_deferred_income_tax_liabilities_net

Historical Data

2 periods

	Q4 '25	Q1 '26
Value	$2.07B	$2.01B
QoQ Change	—	-2.5%

Range$2.01B – $2.07B

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Frequently Asked Questions

What is Philip Morris International's deferred taxes?: Philip Morris International (PM) reported deferred taxes of $2.01B in Q1 2026.
What does deferred taxes mean?: Future tax payments resulting from timing differences between accounting and tax reporting rules.