Summary
This 8-K filing from Philip Morris International Inc. (PM) on September 10, 2008, primarily serves as an informational filing to provide access to financial data in an XBRL format. The company is furnishing a supplemental PDF document, referred to as an Intelligent Financial Statement (IFS), which contains financial information previously released on July 31, 2008, for the quarter ended June 30, 2008. This IFS embeds XBRL data, allowing users to view and print financial statements while also providing pop-up 'TagTips' to explain the XBRL data. Investors should note that while this filing makes financial data available in a new, structured format (XBRL), it explicitly states that the XBRL documents are unaudited and are not considered official SEC filings. The purpose is stated as a test of the technology. Therefore, investors are strongly advised to continue relying on the official versions of previously furnished documents and not to make investment decisions based on this XBRL data alone. The filing also clarifies that this information is not deemed "filed" for purposes of Section 18 of the Exchange Act, meaning it does not carry the same legal liabilities as official filings.
Key Highlights
- 1Philip Morris International Inc. (PM) filed an 8-K on September 10, 2008.
- 2The filing is primarily informational, providing access to unaudited financial data for the quarter ended June 30, 2008.
- 3The company is furnishing a supplemental PDF (Intelligent Financial Statement) containing XBRL-formatted financial data.
- 4The XBRL data is embedded within the PDF and includes financial statements and segment data.
- 5Investors are explicitly warned that the XBRL data is unaudited and not the official filing.
- 6Reliance should continue to be placed on the official versions of previously furnished financial reports.
- 7The XBRL information is not considered "filed" for legal liability under Section 18 of the Exchange Act.