38 unchanged sentences
Plans or Programs
+Added: 7,564,770 $ 91.29
October 1, 2021 –
6 unchanged sentences
December 31, 2021 7,576,156 $ 91.29
−Removed: (1) During this reporting period, we did not have an authorized share repurchase program.
+Added: (1) On June 11, 2021, our Board of Directors authorized a new share repurchase program of up to $7 billion, with target spending of $5 billion to $7 billion over a three-year period that commenced in July 2021.
+Added: These share repurchases have been made pursuant to the $7 billion program.
(2) Shares repurchased represent shares tendered to us by employees who vested in restricted and performance share unit awards and used shares to pay all, or a portion of, the related taxes.
−Removed: Selected Financial Data.
−Removed: (in millions of dollars, except per share data)
−Removed: 2020 2019 2018 2017 2016
−Removed: Summary of Operations:
−Removed: Revenues including excise taxes
−Removed: $ 76,047 $ 77,921 $ 79,823 $ 78,098 $ 74,953
−Removed: Excise taxes on products
−Removed: 47,353 48,116 50,198 49,350 48,268
−Removed: 28,694 29,805 29,625 28,748 26,685
−Removed: Operating income
−Removed: 11,668 10,531 11,377 11,581 10,903
−Removed: Net earnings attributable to PMI
−Removed: 8,056 7,185 7,911 6,035 6,967
−Removed: Basic earnings per share
−Removed: 5.16 4.61 5.08 3.88 4.48
−Removed: Diluted earnings per share
−Removed: 5.16 4.61 5.08 3.88 4.48
−Removed: Dividends declared per share
−Removed: 4.74 4.62 4.49 4.22 4.12
−Removed: 44,815 42,875 39,801 42,968 36,851
−Removed: Long-term debt (1)
−Removed: 28,168 26,656 26,975 31,334 25,851
−Removed: 31,536 31,045 31,759 34,339 29,067
−Removed: (1) Excluding current portion of long-term debt.
−Removed: This Selected Financial Data should be read in conjunction with Item 7 and Item 8.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.