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Segment Reporting (Tables)
9 Months Ended
Sep. 30, 2024
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
Segment data were as follows:
For the Nine Months Ended September 30,For the Three Months Ended September 30,
(in millions)2024202320242023
Net revenues:
Smokeable products$15,941 $16,482 $5,540 $5,572 
Oral tobacco products2,084 1,993 722 685 
All other19 33 (3)24 
Net revenues$18,044 $18,508 $6,259 $6,281 
Earnings before income taxes:
OCI:
Smokeable products$8,183 $8,092 $2,937 $2,743 
Oral tobacco products996 1,314 464 455 
All other(291)(17)(119)(4)
Amortization of intangibles(102)(87)(38)(42)
General corporate expenses(427)(551)(92)(63)
Operating income8,359 8,751 3,152 3,089 
Interest and other debt expense, net782 758 267 272 
Net periodic benefit income, excluding service cost(74)(95)(25)(33)
(Income) losses from investments in equity securities(530)(105)(116)(58)
Gain on the sale of IQOS System commercialization rights
(2,700)—  — 
Earnings before income taxes$10,881 $8,193 $3,026 $2,908 
Schedule of Non-Participating Manufacturer Adjustment Items and Other Items We recorded net pre-tax income for NPM adjustment items as follows:
For the Nine Months Ended September 30,For the Three Months Ended September 30,
(in millions)2024202320242023
Smokeable products segment$(29)$(15)$(23)$(15)
Interest and other debt expense, net2 — 2 — 
Total$(27)$(15)$(21)$(15)
Schedule of Tobacco and Health and Certain Other Litigation Items We recorded pre-tax charges related to tobacco and health and certain other litigation items as follows:
For the Nine Months Ended September 30,For the Three Months Ended September 30,
(in millions)2024202320242023
Smokeable products segment$59 $65 $21 $13 
General corporate expenses30 348  10 
Interest and other debt expense, net1 11 1 — 
Total$90 $424 $22 $23