Philip Morris International Inc. | 2013 | FY | 3

Quarterly Financial Data (Unaudited):
 
2013 Quarters
(in millions, except per share data)
1st
 
2nd
 
3rd
 
4th
Net revenues
$
18,527

 
$
20,483

 
$
20,629

 
$
20,390

Gross profit
$
5,095

 
$
5,216

 
$
5,309

 
$
5,187

Net earnings attributable to PMI
$
2,125

 
$
2,124

 
$
2,340

 
$
1,987

Per share data:
 
 
 
 
 
 
 
Basic EPS
$
1.28

 
$
1.30

 
$
1.44

 
$
1.24

Diluted EPS
$
1.28

 
$
1.30

 
$
1.44

 
$
1.24

Dividends declared
$
0.85

 
$
0.85

 
$
0.94

 
$
0.94

Market price:
 
 
 
 
 
 
 
— High
$
93.61

 
$
96.73

 
$
91.40

 
$
91.81

— Low
$
84.33

 
$
86.05

 
$
82.86

 
$
83.81

 
 
 
2012 Quarters
(in millions, except per share data)
1st
 
2nd
 
3rd
 
4th
Net revenues
$
18,022

 
$
20,037

 
$
19,592

 
$
19,742

Gross profit
$
5,006

 
$
5,454

 
$
5,336

 
$
5,208

Net earnings attributable to PMI
$
2,161

 
$
2,317

 
$
2,227

 
$
2,095

Per share data:
 
 
 
 
 
 
 
Basic EPS
$
1.25

 
$
1.36

 
$
1.32

 
$
1.25

Diluted EPS
$
1.25

 
$
1.36

 
$
1.32

 
$
1.25

Dividends declared
$
0.77

 
$
0.77

 
$
0.85

 
$
0.85

Market price:
 
 
 
 
 
 
 
— High
$
88.86

 
$
91.05

 
$
93.60

 
$
94.13

— Low
$
72.85

 
$
81.10

 
$
86.11

 
$
82.10

 
 
 
 
 
 
 
 

Basic and diluted EPS are computed independently for each of the periods presented. Accordingly, the sum of the quarterly EPS amounts may not agree to the total for the year.
During 2013 and 2012, PMI recorded the following pre-tax charges in earnings:
 
2013 Quarters
(in millions)
1st
 
2nd
 
3rd
 
4th
Asset impairment and exit costs
$
3

 
$
5

 
$
—

 
$
301

 
 
 
2012 Quarters
(in millions)
1st
 
2nd
 
3rd
 
4th
Asset impairment and exit costs
$
8

 
$
8

 
$
34

 
$
33

 
 
 
 
 
 
 
 



See Note 5. Asset Impairment and Exit Costs for additional information on these pre-tax charges.



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