Discontinued — last reported Q2 '23

Business Segments · Impairment of goodwill (Note 4)

Wellness & Healthcare — Impairment of goodwill (Note 4)

Analysis

StatementSegment
CategoryRisk
SignalLower is better
VolatilityVolatile
First reportedQ2 2023
Last reportedQ2 2023

How to read this metric

An increase indicates that the company has determined the assets or business units acquired in this segment are worth less than previously recorded, signaling potential strategic challenges or market headwinds in the healthcare business.

Detailed definition

This metric represents the non-cash charge recognized when the carrying value of goodwill associated with the Wellness a...

Peer comparison

Peers in the consumer health or pharmaceutical sectors report similar goodwill impairment charges when acquired business units fail to meet long-term earnings projections or face regulatory and competitive pressures.

Metric ID: pm_segment_wellness_and_healthcare_segment_impairment_of_goodwill_note_4

Historical Data

1 periods
 Q2 '23
Value$665.00M

Frequently Asked Questions

What is Philip Morris International's wellness & healthcare — impairment of goodwill (note 4)?
Philip Morris International (PM) reported wellness & healthcare — impairment of goodwill (note 4) of $665.00M in Q2 2023.
What does wellness & healthcare — impairment of goodwill (note 4) mean?
The amount by which the value of goodwill in the Wellness and Healthcare segment has been written down due to a decline in the segment's expected future performance.