XML 71 R42.htm IDEA: XBRL DOCUMENT v3.22.0.1
Segment Reporting (Tables)
12 Months Ended
Dec. 31, 2021
Segment Reporting [Abstract]  
Segment Data
Net revenues by geographic segment and Other category were as follows:
For the Years Ended December 31,
(in millions)202120202019
Net revenues:
European Union$12,275 $10,702 $9,817 
Eastern Europe3,544 3,378 3,282 
Middle East & Africa3,293 3,088 4,042 
South & Southeast Asia4,396 4,396 5,094 
East Asia & Australia5,953 5,429 5,364 
Americas1,843 1,701 2,206 
Other101 — — 
Net revenues$31,405 $28,694 $29,805 
PMI's net revenues by product category were as follows:
For the Years Ended December 31,
(in millions)202120202019
Combustible products:
European Union$8,211 $8,053 $8,093 
Eastern Europe2,240 2,250 2,438 
Middle East & Africa3,148 3,031 3,721 
South & Southeast Asia4,385 4,395 5,094 
East Asia & Australia2,414 2,468 2,693 
Americas1,790 1,670 2,179 
Total combustible products$22,190 $21,867 $24,218 
Reduced-risk products:
European Union$4,064 $2,649 $1,724 
Eastern Europe1,304 1,128 844 
Middle East & Africa145 57 321 
South & Southeast Asia11 — 
East Asia & Australia3,539 2,961 2,671 
Americas53 31 27 
Total reduced-risk products$9,115 $6,827 $5,587 
Other:
Other$101 $— $— 
Total PMI net revenues$31,405 $28,694 $29,805 
Note: Sum of product categories or Regions might not foot to total PMI due to roundings.
Operating income (loss) by geographic segment and Other category were as follows:
For the Years Ended December 31,
(in millions)
202120202019
Operating income (loss):
European Union$6,119 $5,098 $3,970 
Eastern Europe1,213 871 547 
Middle East & Africa1,146 1,026 1,684 
South & Southeast Asia1,506 1,709 2,163 
East Asia & Australia2,556 2,400 1,932 
Americas487 564 235 
Other(52)— — 
Operating income
$12,975 $11,668 $10,531 
Depreciation Expense, Capital Expenditures, and Long-Lived Assets by Segment
Other segment data were as follows:
For the Years Ended December 31,
(in millions)
202120202019
Depreciation expense:
European Union$307 $266 $254 
Eastern Europe131 173 147 
Middle East & Africa89 75 90 
South & Southeast Asia143 137 142 
East Asia & Australia154 188 185 
Americas62 69 80 
Other16   
Total depreciation expense
$902 $908 $898 
For the Years Ended December 31,
(in millions)
202120202019
Capital expenditures:
European Union$470 $384 $466 
Eastern Europe71 88 132 
Middle East & Africa37 22 35 
South & Southeast Asia52 57 100 
East Asia & Australia36 13 67 
Americas54 38 52 
Other28 — — 
Total capital expenditures
$748 $602 $852 

At December 31,
(in millions)
202120202019
Long-lived assets:
European Union$4,504 $4,500 $4,275 
Eastern Europe635 668 774 
Middle East & Africa289 375 369 
South & Southeast Asia1,386 1,348 1,361 
East Asia & Australia740 807 829 
Americas661 784 680 
Other292 — — 
Total long-lived assets8,507 8,482 8,288 
Financial instruments210 650 314 
Total property, plant and equipment, net and Other assets
$8,717 $9,132 $8,602