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

9 Months Ended

Sep. 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 Nine Months Ended September 30,				For the Three Months Ended September 30,
(in millions)	2020		2019		2020		2019
Net revenues:
Megapolis Group	$	1,609	$	1,537	$	583	$	622
Other	813		770		290		279
Net revenues (a)	$	2,422	$	2,307	$	873	$	901
Expenses:
Other	$	38	$	41	$	11	$	14
Expenses	$	38	$	41	$	11	$	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 September 30, 2020		At December 31, 2019
Receivables:
Megapolis Group	$	534	$	375
Other	239		148
Receivables	$	773	$	523
Payables:
Other	$	19	$	20
Payables	$	19	$	20