Analysis: Deferred Assets and Liabilities, Net

Entity Registrant Name Philip Morris International Inc.
CIK 0001413329
Accession number 0001413329-14-000012
Link to XBRL instance http://www.sec.gov/Archives/edgar/data/1413329/000141332914000012/pm-20131231.xml
Fiscal year end --12-31
Fiscal year focus 2013
Fiscal period focus FY
Current balance sheet date 2013-12-31
Current year-to-date income statement start date 2013-01-01
Commentary Conforms with all rules.
Level 3 Text Block concept us-gaap:ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock
The tax effects of temporary differences that gave rise to deferred income tax assets and liabilities consisted of the following:
 
At December 31,
(in millions)
2013
 
2012
Deferred income tax assets:
 
 
 
Accrued postretirement and postemployment benefits
$
264

 
$
279

Accrued pension costs
135

 
262

Inventory
170

 
135

Accrued liabilities
139

 
150

Foreign exchange
146

 
52

Other
144

 
139

Total deferred income tax assets
998

 
1,017

Deferred income tax liabilities:
 
 
 
Trade names
(738
)
 
(816
)
Property, plant and equipment
(311
)
 
(320
)
Unremitted earnings
(735
)
 
(845
)
Total deferred income tax liabilities
(1,784
)
 
(1,981
)
Net deferred income tax liabilities
$
(786
)
 
$
(964
)

Level 4 Details Key Concepts: Deferred tax assets (liabilities)

Description Fact value US GAAP XBRL Concept
Deferred tax assets, gross 0
Valuation allowance 0
Deferred tax assets, net 998,000,000 us-gaap:DeferredTaxAssetsNet
Deferred tax liabilities -1,784,000,000 us-gaap:DeferredTaxLiabilities
Deferred tax assets (liabilities), net -786,000,000 us-gaap:DeferredTaxAssetsLiabilitiesNet
CHECK 0

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(Classified balance sheet) Deferred tax assets (liabilities), net components current/noncurrent asset/liability

Description Fact value US GAAP XBRL Concept
Deferred tax assets, net, current 502,000,000 us-gaap:DeferredTaxAssetsNetCurrent
Deferred tax assets, net, noncurrent 0
Deferred tax liabilities, net, current -112,000,000 us-gaap:DeferredTaxLiabilitiesCurrent
Deferred tax liabilities, net, noncurrent -1,477,000,000 us-gaap:DeferredTaxLiabilities
Deferred tax assets (liabilities), net -786,000,000 us-gaap:DeferredTaxAssetsLiabilitiesNet
CHECK 0

*

(Unclassified balance sheet) Deferred tax assets (liabilities), net components asset/liability

Description Fact value US GAAP XBRL Concept
Deferred tax assets 998,000,000 us-gaap:DeferredTaxAssetsNetCurrent
Deferred tax liabilities, net -1,784,000,000 us-gaap:DeferredTaxLiabilities
Deferred tax assets (liabilities), net -786,000,000 us-gaap:DeferredTaxAssetsLiabilitiesNet
CHECK 0

*

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