Related Parties - Investments in Unconsolidated Subsidiaries, Equity Securities and Other (Tables)

3 Months Ended

Mar. 31, 2020

Equity Method Investments and Joint Ventures [Abstract]

Earnings and Balance Sheet Activities with Related Parties - Investments in Unconsolidated Subsidiaries, equity securities and Other

PMI’s net revenues and expenses with the above related parties were as follows:

	For the Three Months Ended March 31,
(in millions)	2020		2019
Net revenues:
Megapolis Group	$	496	$	359
Other	281		213
Net revenues (a)	$	777	$	572
Expenses:
Other	$	19	$	13
Expenses	$	19	$	13

^(a) Net revenues exclude excise taxes and VAT billed to customers.

PMI’s balance sheet activity with the above related parties was as follows:

(in millions)	At March 31, 2020		At December 31, 2019
Receivables:
Megapolis Group	$	271	$	375
Other	242		148
Receivables	$	513	$	523
Payables:
Other	$	10	$	20
Payables	$	10	$	20