Philip Morris International Inc. | 2013 | FY | 3

Shares of authorized common stock are 6.0 billion; issued, repurchased and outstanding shares were as follows:
 
Shares Issued
 
Shares
Repurchased
 
Shares
Outstanding
Balances, January 1, 2011
2,109,316,331

 
(307,532,841
)
 
1,801,783,490

Repurchase of shares
 
 
(80,514,257
)
 
(80,514,257
)
Exercise of stock options and issuance of other stock awards
 
 
4,639,433

 
4,639,433

Balances, December 31, 2011
2,109,316,331

 
(383,407,665
)
 
1,725,908,666

Repurchase of shares
 
 
(74,897,499
)
 
(74,897,499
)
Issuance of stock awards and exercise of stock options
 
 
2,601,817

 
2,601,817

Balances, December 31, 2012
2,109,316,331

 
(455,703,347
)
 
1,653,612,984

Repurchase of shares
 
 
(67,231,392
)
 
(67,231,392
)
Issuance of stock awards and exercise of stock options
 
 
2,620,820

 
2,620,820

Balances, December 31, 2013
2,109,316,331

 
(520,313,919
)
 
1,589,002,412

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