Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2019

Earnings Per Share [Abstract]

Calculation of Basic and Diluted EPS

Basic and diluted earnings per share (“EPS”) were calculated using the following:

(in millions)	For the Six Months Ended June 30,				For the Three Months Ended June 30,
	2019		2018		2019		2018
Net earnings attributable to PMI	$	3,673	$	3,754	$	2,319	$	2,198
Less distributed and undistributed earnings attributable to share-based payment awards	8		8		5		5
Net earnings for basic and diluted EPS	$	3,665	$	3,746	$	2,314	$	2,193
Weighted-average shares for basic EPS	1,556		1,554		1,556		1,555
Plus contingently issuable performance stock units (PSUs)	—		—		—		—
Weighted-average shares for diluted EPS	1,556		1,554		1,556		1,555