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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2020
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 Three Months Ended March 31,
 
2020
2019
Net earnings attributable to PMI
$
1,826

$
1,354

Less distributed and undistributed earnings attributable to share-based payment awards
5

4

Net earnings for basic and diluted EPS
$
1,821

$
1,350

Weighted-average shares for basic EPS
1,557

1,555

Plus contingently issuable performance stock units (PSUs)
1

1

Weighted-average shares for diluted EPS
1,558

1,556