Operating CF
$12.18B
Capex
−$1.52B
Free Cash Flow
$10.67B
FCF Margin
+87.5%
Cash flow waterfall for Philip Morris International (PM) — TTM through Q1 2026
Free cash flow: $10.67B
Cash flow breakdown for Philip Morris International (PM) — TTM through Q1 2026
| Line item | Amount | Running total |
|---|---|---|
| Operating Cash Flow | $12.18B | $12.18B |
| Capital Expenditure | −$1.52B | $10.67B |
| Free Cash Flow | $10.67B | $10.67B |
| Other Investing | −$2.02B | $8.65B |
| Dividends Paid | −$8.81B | −$167.00M |
| Net Debt Change | $1.61B | $1.44B |
| Other Financing & FX | −$447.00M | $994.00M |
| Net Cash Increase | $994.00M | $994.00M |
- Operating Cash Flow$12.18B
- Capital Expenditure−$1.52B
- Free Cash Flow$10.67B
- Other Investing−$2.02B
- Dividends Paid−$8.81B
- Net Debt Change$1.61B
- Other Financing & FX−$447.00M
- Net Cash Increase$994.00M
Want to see what drove the FCF change?Free Cash Flow Bridge
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