Current Liabilities
Short-Term Borrowings
Philip Morris International Short-Term Borrowings increased by 3288.7% to $5.69B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 28.3%, from $4.44B to $5.69B. Over 5 years (FY 2020 to FY 2025), Short-Term Borrowings shows a downward trend with a -7.2% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryLiquidity
SignalLower is better
VolatilityModerate
First reportedQ4 2014
Last reportedQ4 2025
How to read this metric
High levels may indicate a reliance on short-term credit markets for operational cash flow, which can increase liquidity risk.
Detailed definition
Short-term borrowings consist of debt obligations that are due within one year, excluding the current portion of long-te...
Peer comparison
Varies by industry; pharmaceutical firms often maintain access to short-term credit for operational flexibility.
Metric ID:
short_term_borrowingsHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $136.00M | $223.00M | $225.00M | $2.44B | $1.56B | $2.82B | $5.64B | $4.80B | $4.12B | $2.15B | $1.97B | $279.00M | $139.00M | $152.00M | $137.00M | $4.44B | $2.54B | $1.88B | $168.00M | $5.69B |
| QoQ Change | — | +64.0% | +0.9% | +984.9% | -36.2% | +80.9% | +100.0% | -14.8% | -14.2% | -47.9% | -8.4% | -85.8% | -50.2% | +9.4% | -9.9% | >999% | -42.8% | -26.0% | -91.1% | >999% |
| YoY Change | — | — | — | — | >999% | >999% | >999% | +96.8% | +164.5% | -23.7% | -65.1% | -94.2% | -96.6% | -92.9% | -93.0% | >999% | >999% | >999% | +22.6% | +28.3% |
Range$136.00M – $5.69B
CAGR+119.5%
Avg YoY Growth+551.0%
Median YoY Growth+62.5%
Short-Term Borrowings at Other Companies
Frequently Asked Questions
- What is Philip Morris International's short-term borrowings?
- Philip Morris International (PM) reported short-term borrowings of $5.69B in Q1 2026.
- How has Philip Morris International's short-term borrowings changed year-over-year?
- Philip Morris International's short-term borrowings increased by 28.3% year-over-year, from $4.44B to $5.69B.
- What is the long-term trend for Philip Morris International's short-term borrowings?
- Over 5 years (2020 to 2025), Philip Morris International's short-term borrowings has grown at a -7.2% compound annual growth rate (CAGR), from $244.00M to $168.00M.
- What does short-term borrowings mean?
- Debt that must be repaid within the next twelve months.