Segment Reporting (Tables)

12 Months Ended

Dec. 31, 2017

Segment data were as follows:



	For the Years Ended December 31,
(in millions)	2017		2016		2015
Net revenues:
European Union	$	27,580	$	27,129	$	26,563
Eastern Europe, Middle East & Africa	18,045		18,286		18,328
Asia	22,635		20,531		19,469
Latin America & Canada	9,838		9,007		9,548
Net revenues⁽¹⁾	$	78,098	$	74,953	$	73,908

⁽¹⁾ Total net revenues attributable to customers located in Indonesia, PMI’s largest market in terms of net revenues, were $8.0 billion, $7.7 billion and $7.1 billion for the years ended December 31, 2017, 2016 and 2015, respectively. Total net revenues attributable to customers located in Germany were $7.2 billion, $7.1 billion and $7.2 billion for the years ended December 31, 2017, 2016 and 2015, respectively.



	For the Years Ended December 31,
(in millions)	2017			2016			2015
Earnings before income taxes:
Operating companies income:
European Union	$	3,775		$	3,994		$	3,576
Eastern Europe, Middle East & Africa	2,888			3,016			3,425
Asia	4,149			3,196			2,886
Latin America & Canada	1,002			938			1,085
Amortization of intangibles	(88		)	(74		)	(82		)
General corporate expenses	(164		)	(161		)	(162		)
Less:
Equity (income)/loss in unconsolidated subsidiaries, net	(59		)	(94		)	(105		)
Operating income	11,503			10,815			10,623
Interest expense, net	(914		)	(891		)	(1,008		)
Earnings before income taxes	$	10,589		$	9,924		$	9,615

Depreciation Expense, Capital Expenditures, and Long-Lived Assets by Segment



	For the Years Ended December 31,
(in millions)	2017		2016		2015
Depreciation expense:
European Union	$	213	$	184	$	184
Eastern Europe, Middle East & Africa	164		150		163
Asia	313		247		230
Latin America & Canada	85		79		85
	775		660		662
Other	12		9		10
Total depreciation expense	$	787	$	669	$	672



	For the Years Ended December 31,
(in millions)	2017		2016		2015
Capital expenditures:
European Union	$	956	$	665	$	497
Eastern Europe, Middle East & Africa	182		223		147
Asia	227		180		185
Latin America & Canada	175		103		130
	1,540		1,171		959
Other	8		1		1
Total capital expenditures	$	1,548	$	1,172	$	960



	At December 31,
(in millions)	2017		2016		2015
Long-lived assets:
European Union	$	4,130	$	3,282	$	3,129
Eastern Europe, Middle East & Africa	976		866		743
Asia	2,078		1,916		1,743
Latin America & Canada	885		765		605
Total long-lived assets	8,069		6,829		6,220
Other	1,126		750		644
Total property, plant and equipment, net and Other assets	$	9,195	$	7,579	$	6,864