What is Philip Morris International's international combustibles — goodwill (note 5)?

Philip Morris International (PM) reported international combustibles — goodwill (note 5) of $4.77B in Q1 2026.

What does international combustibles — goodwill (note 5) mean?

The value of intangible assets like brand reputation assigned to the international cigarette business segment.

International Combustibles — Goodwill (Note 5)

Philip Morris International International Combustibles — Goodwill (Note 5) decreased by 1.9% to $4.77B in Q1 2026 compared to the prior quarter.

Analysis

StatementSegment

CategoryRisk

SignalContext dependent

VolatilityStable

First reportedQ4 2025

Last reportedQ1 2026

Rolls up toGoodwill

How to read this metric

A decrease often signals impairment due to declining market demand or regulatory pressures, while stability suggests consistent long-term value.

Detailed definition

This represents the carrying value of goodwill specifically allocated to the international combustibles business segment...

Peer comparison

Comparable to goodwill allocations in other multinational tobacco or consumer goods companies with legacy business units.

Metric ID: pm_segment_international_combustibles_goodwill_note_5

Historical Data

2 periods

	Q4 '25	Q1 '26
Value	$4.86B	$4.77B
QoQ Change	—	-1.9%

Range$4.77B – $4.86B

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Frequently Asked Questions

What is Philip Morris International's international combustibles — goodwill (note 5)?: Philip Morris International (PM) reported international combustibles — goodwill (note 5) of $4.77B in Q1 2026.
What does international combustibles — goodwill (note 5) mean?: The value of intangible assets like brand reputation assigned to the international cigarette business segment.