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Item 6. Selected Financial Data.

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Item 6. Selected Financial Data.

(in millions of dollars, except per share data)



	2019				2018				2017				2016				2015
Summary of Operations:
Revenues including excise taxes	$	77,921			$	79,823			$	78,098			$	74,953			$	73,908
Excise taxes on products	48,116				50,198				49,350				48,268				47,114
Net revenues	29,805				29,625				28,748				26,685				26,794
Operating income	10,531				11,377				11,581				10,903				10,745
Net earnings attributable to PMI	7,185				7,911				6,035				6,967				6,873
Basic earnings per share	4.61				5.08				3.88				4.48				4.42
Diluted earnings per share	4.61				5.08				3.88				4.48				4.42
Dividends declared per share	4.62				4.49				4.22				4.12				4.04
Total assets	42,875				39,801				42,968				36,851				33,956
Long-term debt (1)	26,656				26,975				31,334				25,851				25,250
Total debt	31,045				31,759				34,339				29,067				28,480

(1) Excluding current portion of long-term debt.

This Selected Financial Data should be read in conjunction with Item 7 and Item 8.

Previous: Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities. · Next: Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations.