v3.24.0.1
Acquisitions: (Tables)
 12 Months Ended
Dec. 31, 2023
Business Combination and Asset Acquisition [Abstract]  
Business Combination, Purchase Price Allocation The table below summarizes the final purchase price allocation for the fair value of assets acquired and liabilities assumed as of the acquisition date:
(in millions)Preliminary Purchase Price Allocation Recognized as of the acquisition dateMeasurement Period Adjustments during 2023Final Purchase Price Allocation Recognized as of
the acquisition date
Cash and cash equivalents$484 $— $484 
Trade receivables135 — 135 
Other receivables53 — 53 
Inventories444 (7)437 
Other current assets524 (109)415 
Property, plant and equipment627 50 677 
Other intangible assets 4,512 3,356 7,868 
Other non-current assets214 2 216 
Current portion of long-term debt224 — 224 
Accounts payable120 — 120 
Other current liabilities531 1 532 
Income taxes 14 — 14 
Long-term debt1,126 (5)1,121 
Deferred income taxes 1,253 717 1,970 
Other non-current liabilities187 9 196 
Identifiable net assets acquired3,538 2,570 6,108 
Noncontrolling interest2,379 — 2,379 
Goodwill 13,301 (2,570)10,731 
Total consideration transferred$14,460 $— $14,460 
Schedule of Intangible Assets Acquired as Part of Business Combination
Identifiable intangible assets of Swedish Match consist of:

Type Useful LifeEstimated Fair Value (in millions)
TrademarksNon-amortizable$3,133 
TrademarksAmortizable
20 - 30 years
1,067 
Developed technology, including patents10 years113 
Customer relationships
6 - 15 years
3,555 
Total identifiable intangible assets$7,868 
Business Acquisition, Pro Forma Information
The unaudited pro forma financial information is as follows:
For the Years Ended December 31,
(in millions)20222021
Net revenues$33,579 $33,488 
Net earnings attributable to PMI$8,779 $8,484