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

6 Months Ended

Jun. 30, 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 Six Months Ended June 30,				For the Three Months Ended June 30,
(in millions)	2020		2019		2020		2019
Net revenues:
Megapolis Group	$	1,026	$	915	$	530	$	556
Other	523		491		242		278
Net revenues (a)	$	1,549	$	1,406	$	772	$	834
Expenses:
Other	$	27	$	27	$	8	$	14
Expenses	$	27	$	27	$	8	$	14

^(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 June 30, 2020		At December 31, 2019
Receivables:
Megapolis Group	$	534	$	375
Other	217		148
Receivables	$	751	$	523
Payables:
Other	$	9	$	20
Payables	$	9	$	20