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Philip Morris International Inc. – ‘10-K’ for 12/31/22 – ‘EX-31.2’

On:  Friday, 2/10/23, at 8:20am ET   ·   For:  12/31/22   ·   Accession #:  1413329-23-25   ·   File #:  1-33708

Previous ‘10-K’:  ‘10-K’ on 2/11/22 for 12/31/21   ·   Next & Latest:  ‘10-K’ on 2/8/24 for 12/31/23   ·   63 References:   

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  As Of               Filer                 Filing    For·On·As Docs:Size

 2/10/23  Philip Morris International Inc.  10-K       12/31/22  150:25M

Annual Report   —   Form 10-K

Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-K        Annual Report                                       HTML   5.19M 
 2: EX-4.3      Instrument Defining the Rights of Security Holders  HTML     52K 
 3: EX-4.4      Instrument Defining the Rights of Security Holders  HTML    136K 
 4: EX-10.28    Material Contract                                   HTML    105K 
 5: EX-10.29    Material Contract                                   HTML     41K 
 6: EX-10.78    Material Contract                                   HTML     67K 
 7: EX-10.79    Material Contract                                   HTML     71K 
 8: EX-10.80    Material Contract                                   HTML     53K 
 9: EX-10.81    Material Contract                                   HTML     44K 
10: EX-10.85    Material Contract                                   HTML     67K 
11: EX-10.86    Material Contract                                   HTML     70K 
12: EX-10.87    Material Contract                                   HTML     67K 
13: EX-21       Subsidiaries List                                   HTML    149K 
14: EX-23       Consent of Expert or Counsel                        HTML     38K 
15: EX-31.1     Certification -- §302 - SOA'02                      HTML     41K 
16: EX-31.2     Certification -- §302 - SOA'02                      HTML     41K 
17: EX-32.1     Certification -- §906 - SOA'02                      HTML     38K 
18: EX-32.2     Certification -- §906 - SOA'02                      HTML     38K 
24: R1          Cover Page                                          HTML    185K 
25: R2          Audit Information                                   HTML     42K 
26: R3          Consolidated Statements of Earnings                 HTML    122K 
27: R4          Consolidated Statements of Comprehensive Earnings   HTML     88K 
28: R5          Consolidated Statements of Comprehensive Earnings   HTML     51K 
                (Parenthetical)                                                  
29: R6          Consolidated Balance Sheets                         HTML    205K 
30: R7          Consolidated Balance Sheets (Parenthetical)         HTML     52K 
31: R8          Consolidated Statements of Cash Flows               HTML    145K 
32: R9          Consolidated Statements of Cash Flows               HTML     43K 
                (Parenthetical)                                                  
33: R10         Consolidated Statements of Stockholders' (Deficit)  HTML     93K 
                Equity                                                           
34: R11         Consolidated Statements of Stockholders' (Deficit)  HTML     39K 
                Equity (Parenthetical)                                           
35: R12         Consolidated Statements of Earnings                 HTML     43K 
                (Parenthetical)                                                  
36: R13         Background and Basis of Presentation                HTML     47K 
37: R14         Summary of Significant Accounting Policies          HTML     63K 
38: R15         Acquisitions                                        HTML     89K 
39: R16         War in Ukraine                                      HTML     54K 
40: R17         Goodwill and Other Intangible Assets, net           HTML    109K 
41: R18         Related Parties - Equity Investments and Other      HTML     72K 
42: R19         Product Warranty                                    HTML     48K 
43: R20         Indebtedness                                        HTML    197K 
44: R21         Capital Stock                                       HTML     55K 
45: R22         Stock Plans                                         HTML    115K 
46: R23         Earnings per Share                                  HTML     54K 
47: R24         Income Taxes                                        HTML    133K 
48: R25         Segment Reporting                                   HTML    184K 
49: R26         Benefit Plans                                       HTML    373K 
50: R27         Additional Information                              HTML     55K 
51: R28         Financial Instruments                               HTML    154K 
52: R29         Accumulated Other Comprehensive Losses              HTML     53K 
53: R30         Contingencies                                       HTML    168K 
54: R31         Sale of Accounts Receivable                         HTML     41K 
55: R32         Asset Impairment and Exit Costs                     HTML     71K 
56: R33         Leases                                              HTML    115K 
57: R34         Summary of Significant Accounting Policies          HTML    114K 
                (Policy)                                                         
58: R35         Acquisitions (Tables)                               HTML     67K 
59: R36         War in Ukraine (Tables)                             HTML     49K 
60: R37         Goodwill and Other Intangible Assets, net (Tables)  HTML    131K 
61: R38         Related Parties - Equity Investments and Other      HTML     64K 
                (Tables)                                                         
62: R39         Product Warranty (Tables)                           HTML     47K 
63: R40         Indebtedness (Tables)                               HTML    200K 
64: R41         Capital Stock (Tables)                              HTML     57K 
65: R42         Stock Plans (Tables)                                HTML    114K 
66: R43         Earnings per Share (Tables)                         HTML     52K 
67: R44         Income Taxes (Tables)                               HTML    130K 
68: R45         Segment Reporting (Tables)                          HTML    167K 
69: R46         Benefit Plans (Tables)                              HTML    377K 
70: R47         Additional Information (Tables)                     HTML     54K 
71: R48         Financial Instruments (Tables)                      HTML    146K 
72: R49         Accumulated Other Comprehensive Losses (Tables)     HTML     50K 
73: R50         Contingencies (Tables)                              HTML     73K 
74: R51         Asset Impairment and Exit Costs (Tables)            HTML     68K 
75: R52         Leases (Tables)                                     HTML    120K 
76: R53         Summary of Significant Accounting Policies          HTML     45K 
                (Details)                                                        
77: R54         Acquisitions (Details)                              HTML    194K 
78: R55         Acquisitions (Swedish Match AB) (Details)           HTML    134K 
79: R56         Acquisitions (Pro Forma) (Details)                  HTML     43K 
80: R57         War in Ukraine (Details)                            HTML     87K 
81: R58         Goodwill and Other Intangible Assets, net           HTML     79K 
                (Movement in Goodwill) (Details)                                 
82: R59         Goodwill and Other Intangible Assets, net (Other    HTML     65K 
                Intangible Assets) (Details)                                     
83: R60         Goodwill and Other Intangible Assets, net           HTML     92K 
                (Narrative) (Details)                                            
84: R61         Related Parties - Equity Investments and Other      HTML     91K 
                (Narrative) (Details)                                            
85: R62         Related Parties - Equity Investments and Other      HTML     56K 
                (Balance Sheet and Earnings Activity) (Details)                  
86: R63         Product Warranty (Details)                          HTML     51K 
87: R64         Indebtedness (Short-Term Borrowings) (Details)      HTML     49K 
88: R65         Indebtedness (Long-Term Debt) (Details)             HTML     76K 
89: R66         Indebtedness (Fair Value of Outstanding Long-Term   HTML     44K 
                Debt, Excluding Finance Leases) (Details)                        
90: R67         Indebtedness (Debt Issuances Outstanding)           HTML    200K 
                (Details)                                                        
91: R68         Indebtedness (Narrative) (Details)                  HTML    125K 
92: R69         Indebtedness (Aggregate Maturities of Long-Term     HTML     64K 
                Debt) (Details)                                                  
93: R70         Indebtedness (Credit Facilities) (Details)          HTML     49K 
94: R71         Capital Stock (Narrative) (Details)                 HTML     63K 
95: R72         Capital Stock (Schedule of Common Stock) (Details)  HTML     60K 
96: R73         Stock Plans (Narrative) (Details)                   HTML     90K 
97: R74         Stock Plans (Activity for Restricted Share Unit     HTML     73K 
                Awards) (Details)                                                
98: R75         Stock Plans (Activity for Performance Share Units)  HTML     86K 
                (Details)                                                        
99: R76         Stock Plans (Assumptions Used) (Details)            HTML     42K 
100: R77         Earnings per Share (Details)                        HTML     72K  
101: R78         Income Taxes (Schedule of Earnings Before Income    HTML     64K  
                Taxes and Provision For Income Taxes) (Details)                  
102: R79         Income Taxes (Narrative) (Details)                  HTML     74K  
103: R80         Income Taxes (Schedule of Reconciliation of         HTML     53K  
                Unrecognized Tax Benefits) (Details)                             
104: R81         Income Taxes (Schedule of Unrecognized Tax          HTML     45K  
                Benefits and Liability for Contingent Income                     
                Taxes, Interest and Penalties) (Details)                         
105: R82         Income Taxes (Schedule of Reasons Attributable to   HTML     61K  
                the Differences Between Effective Income Tax Rate                
                And Federal Statutory Rate) (Details)                            
106: R83         Income Taxes (Schedule of Temporary Differences of  HTML     79K  
                Tax Effects to Deferred Income Tax Assets and                    
                Liabilities) (Details)                                           
107: R84         Segment Reporting (Narrative) (Details)             HTML    104K  
108: R85         Segment Reporting (Segment Data) (Details)          HTML     94K  
109: R86         Segment Reporting (Other Expenses By Segment)       HTML     63K  
                (Details)                                                        
110: R87         Segment Reporting (Long-Lived Assets By Segment)    HTML     63K  
                (Details)                                                        
111: R88         Benefit Plans (Pension and Other Employee Benefit   HTML     47K  
                Costs) (Details)                                                 
112: R89         Benefit Plans (Obligations and Funded Status)       HTML    102K  
                (Details)                                                        
113: R90         Benefit Plans (Narrative) (Details)                 HTML     91K  
114: R91         Benefit Plans (Pension and Postretirement           HTML     55K  
                Liabilities Recognized in Consolidated Balance                   
                Sheet) (Details)                                                 
115: R92         Benefit Plans (Weighted-Average Assumptions to      HTML     53K  
                Determine Benefit Obligations) (Details)                         
116: R93         Benefit Plans (Components of Net Periodic Benefit   HTML     71K  
                Cost) (Details)                                                  
117: R94         Benefit Plans (Net Pension and Postretirement Cost  HTML     55K  
                Weighted-Average Assumptions) (Details)                          
118: R95         Benefit Plans (Fair Value of Pension Plan Assets)   HTML    114K  
                (Details)                                                        
119: R96         Benefit Plans (Estimated Future Benefit Payments    HTML     51K  
                From Pension Plans) (Details)                                    
120: R97         Benefit Plans (Amounts Recorded in Accumulated      HTML     62K  
                Other Comprehensive Losses) (Details)                            
121: R98         Benefit Plans (Movements in Other Comprehensive     HTML    102K  
                Earnings (Losses)) (Details)                                     
122: R99         Additional Information (Details)                    HTML     53K  
123: R100        Financial Instruments (Narrative) (Details)         HTML     52K  
124: R101        Financial Instruments (Notional Amounts of          HTML     47K  
                Outstanding Derivative Instruments) (Details)                    
125: R102        Financial Instruments (Fair Value of Foreign        HTML     84K  
                Exchange Contracts) (Details)                                    
126: R103        Financial Instruments (Cash Flow and Net            HTML     82K  
                Investment Hedging Activities Effect on Condensed                
                Consolidated Statements of Earnings and Other                    
                Comprehensive Earnings) (Details)                                
127: R104        Financial Instruments (Hedging Activity Affect on   HTML     48K  
                AOCI) (Details)                                                  
128: R105        Accumulated Other Comprehensive Losses (Components  HTML     58K  
                of Accumulated Other Comprehensive Losses, Net Of                
                Taxes) (Details)                                                 
129: R106        Contingencies (Tobacco-Related Litigation)          HTML    116K  
                (Details)                                                        
130: R107        Contingencies (Number of Tobacco Related Cases      HTML     53K  
                Pertaining to Combustible Products Pending Against               
                Us and/or Our Subsidiaries or Indemnitees)                       
                (Details)                                                        
131: R108        Contingencies (Verdicts and Post-Trial              HTML     81K  
                Developments) (Details)                                          
132: R109        Contingencies (Smoking and Health Litigation)       HTML     59K  
                (Details)                                                        
133: R110        Contingencies (Health Care Cost Recovery            HTML     78K  
                Litigation) (Details)                                            
134: R111        Contingencies (Label-Related Cases) (Details)       HTML     45K  
135: R112        Contingencies (Public Civil Actions) (Details)      HTML     43K  
136: R113        Contingencies (Other Litigation) (Details)          HTML     91K  
137: R114        Contingencies (Third-Party Guarantees) (Details)    HTML     46K  
138: R115        Sale of Accounts Receivable (Details)               HTML     43K  
139: R116        Asset Impairment and Exit Costs (Narrative)         HTML     70K  
                (Details)                                                        
140: R117        Asset Impairment and Exit Costs (Asset Impairment   HTML     68K  
                and Exit Costs by Segment) (Details)                             
141: R118        Asset Impairment and Exit Costs (Movement in Exit   HTML     47K  
                Cost Liabilities) (Details)                                      
142: R119        Leases (Balance Sheet Classification of Lease       HTML     80K  
                Assets and Liabilities) (Details)                                
143: R120        Leases (Lease Cost) (Details)                       HTML     51K  
144: R121        Leases (Maturities of Operating and Finance Lease   HTML     78K  
                Liabilities) (Details)                                           
145: R122        Leases (Other Lease Information) (Details)          HTML     57K  
148: XML         IDEA XML File -- Filing Summary                      XML    277K  
146: XML         XBRL Instance -- pm-20221231_htm                     XML   6.69M  
147: EXCEL       IDEA Workbook of Financial Reports                  XLSX    329K  
20: EX-101.CAL  XBRL Calculations -- pm-20221231_cal                 XML    400K 
21: EX-101.DEF  XBRL Definitions -- pm-20221231_def                  XML   1.81M 
22: EX-101.LAB  XBRL Labels -- pm-20221231_lab                       XML   3.72M 
23: EX-101.PRE  XBRL Presentations -- pm-20221231_pre                XML   2.38M 
19: EX-101.SCH  XBRL Schema -- pm-20221231                           XSD    411K 
149: JSON        XBRL Instance as JSON Data -- MetaLinks              843±  1.32M  
150: ZIP         XBRL Zipped Folder -- 0001413329-23-000025-xbrl      Zip   1.82M  


‘EX-31.2’   —   Certification — §302 – SOA’02


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Exhibit 31.2
Certifications
I, Emmanuel Babeau, certify that:
 
1.I have reviewed this annual report on Form 10-K of Philip Morris International Inc.;
 
2.Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
 
3.Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;
 
4.The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:
 
a.Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
 
b.Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
 
c.Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and
 
d.Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

5.The registrant’s other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):
 
a.All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and
 
b.Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.
Date: February 10, 2023
/s/ EMMANUEL BABEAU
Emmanuel Babeau
Chief Financial Officer
- 1 -


Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘10-K’ Filing    Date    Other Filings
Filed on:2/10/23
For Period end:12/31/224
 List all Filings 


13 Subsequent Filings that Reference this Filing

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 2/12/24  Philip Morris International Inc.  424B2                  2:632K                                   Toppan Merrill/FA
 2/09/24  Philip Morris International Inc.  424B2                  1:611K                                   Toppan Merrill/FA
 2/08/24  Philip Morris International Inc.  10-K       12/31/23  160:26M
 9/06/23  Philip Morris International Inc.  424B2                  2:755K                                   Toppan Merrill/FA
 9/05/23  Philip Morris International Inc.  424B2                  1:722K                                   Toppan Merrill/FA
 7/13/23  SEC                               UPLOAD8/10/23    2:39K  Philip Morris International Inc.
 6/29/23  SEC                               UPLOAD8/10/23    2:47K  Philip Morris International Inc.
 4/28/23  Philip Morris International Inc.  424B2                  2:783K                                   Toppan Merrill/FA
 4/27/23  Philip Morris International Inc.  424B2                  1:758K                                   Toppan Merrill/FA
 4/26/23  Philip Morris International Inc.  10-Q        3/31/23  113:13M
 2/14/23  Philip Morris International Inc.  424B2                  2:569K                                   Donnelley … Solutions/FA
 2/13/23  Philip Morris International Inc.  424B2                  1:527K                                   Donnelley … Solutions/FA
 2/10/23  Philip Morris International Inc.  S-3ASR      2/10/23    6:558K                                   Donnelley … Solutions/FA


50 Previous Filings that this Filing References

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

10/20/22  Philip Morris International Inc.  8-K:1,7,9  10/19/22   14:1.2M
 9/23/22  Philip Morris International Inc.  8-K:1,2,9   9/20/22   12:1.2M
 9/19/22  Philip Morris International Inc.  8-K:5,9     9/13/22   12:664K
 9/02/22  Philip Morris International Inc.  8-K:1,9     9/02/22   13:704K
 7/29/22  Philip Morris International Inc.  10-Q        6/30/22  100:14M
 6/28/22  Philip Morris International Inc.  8-K:1,9     6/23/22   12:1.2M
 5/11/22  Philip Morris International Inc.  8-K:1,2,7,8 5/11/22   15:3.8M
 5/06/22  Philip Morris International Inc.  8-K:5,9     5/04/22   12:666K
 4/28/22  Philip Morris International Inc.  10-Q        3/31/22  108:12M
 2/11/22  Philip Morris International Inc.  10-K       12/31/21  136:22M
 2/01/22  Philip Morris International Inc.  8-K:1,2,9   1/28/22   13:2M
 9/30/21  Philip Morris International Inc.  8-K:1,2,7,9 9/29/21   13:968K                                   Donnelley … Solutions/FA
 8/20/21  Philip Morris International Inc.  8-K:5,9     8/16/21   12:744K
 7/27/21  Philip Morris International Inc.  10-Q        6/30/21  100:13M
 7/07/21  Philip Morris International Inc.  8-K:1,7,9   6/30/21   13:1M
 4/27/21  Philip Morris International Inc.  10-Q        3/31/21  100:11M
 2/09/21  Philip Morris International Inc.  8-K:5,7,9   2/03/21   20:1M
 2/09/21  Philip Morris International Inc.  10-K       12/31/20  143:21M
 2/02/21  Philip Morris International Inc.  8-K:1,2,9   1/29/21   13:568K                                   Donnelley … Solutions/FA
 7/29/20  Philip Morris International Inc.  10-Q        6/30/20  101:14M
 5/01/20  Philip Morris International Inc.  8-K:5,9     4/30/20   13:718K
 3/02/20  Philip Morris International Inc.  8-K:5,7,9   2/28/20   14:829K
 2/11/20  Philip Morris International Inc.  8-K:5,9     2/06/20   14:696K
 2/11/20  Philip Morris International Inc.  8-K:1,2,9   2/10/20   12:913K                                   Donnelley … Solutions/FA
 2/03/20  Philip Morris International Inc.  8-K:1,2,9   1/31/20   12:470K                                   Donnelley … Solutions/FA
 7/25/19  Philip Morris International Inc.  10-Q        6/30/19  106:14M
 4/25/19  Philip Morris International Inc.  10-Q        3/31/19  102:9.8M
 1/29/19  Philip Morris International Inc.  8-K:1,2,9   1/28/19    2:22K                                    Donnelley … Solutions/FA
 2/13/18  Philip Morris International Inc.  10-K       12/31/17  133:19M
 1/29/18  Philip Morris International Inc.  8-K:1,2,9   1/29/18    2:23K                                    Donnelley … Solutions/FA
 8/29/17  Philip Morris International Inc.  8-K:1,2,9   8/29/17    2:25K                                    Donnelley … Solutions/FA
 4/27/17  Philip Morris International Inc.  10-Q        3/31/17   94:9.1M
 3/23/17  Philip Morris International Inc.  DEF 14A     5/03/17    1:3.8M                                   Donnelley … Solutions/FA
 1/30/17  Philip Morris International Inc.  8-K:1,2,9   1/27/17    2:22K                                    Donnelley … Solutions/FA
 8/31/16  Philip Morris International Inc.  8-K:1,2,9   8/30/16    2:22K                                    Donnelley … Solutions/FA
 2/17/16  Philip Morris International Inc.  10-K       12/31/15  142:20M
 1/28/16  Philip Morris International Inc.  8-K:1,2,9   1/27/16    3:81K                                    Donnelley … Solutions/FA
10/05/15  Philip Morris International Inc.  8-K:1,2,9  10/01/15    2:483K                                   Donnelley … Solutions/FA
 2/20/15  Philip Morris International Inc.  10-K       12/31/14  158:28M
 1/29/15  Philip Morris International Inc.  8-K:1,2,9   1/23/15    3:27K                                    Donnelley … Solutions/FA
 5/02/14  Philip Morris International Inc.  10-Q        3/31/14   96:10M
 5/03/13  Philip Morris International Inc.  10-Q        3/31/13   91:10M
 2/15/13  Philip Morris International Inc.  8-K:1,2,9   2/15/13    2:614K
 8/03/12  Philip Morris International Inc.  10-Q        6/30/12   85:13M
 9/18/09  Philip Morris International Inc.  8-K:1,9     9/15/09    2:70K                                    Donnelley … Solutions/FA
 2/26/09  Philip Morris International Inc.  10-K       12/31/08   19:2.4M                                   Donnelley … Solutions/FA
 4/25/08  Philip Morris International Inc.  S-3ASR      4/25/08    9:999K                                   Donnelley … Solutions/FA
 3/31/08  Philip Morris International Inc.  8-K:1,5,9   3/31/08    6:533K                                   Donnelley … Solutions/FA
 3/05/08  Philip Morris International Inc.  10-12B/A               6:2.5M                                   Donnelley … Solutions/FA
 2/07/08  Philip Morris International Inc.  10-12B/A              32:5.3M                                   Donnelley … Solutions/FA
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