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Segment Reporting
 9 Months Ended
Sep. 30, 2013
Segment Reporting [Abstract]  
Segment Reporting
Segment Reporting:
PMI’s subsidiaries and affiliates are engaged in the manufacture and sale of cigarettes and other tobacco products in markets outside of the United States of America. Reportable segments for PMI are organized and managed by geographic region. PMI’s reportable segments are European Union; Eastern Europe, Middle East & Africa; Asia; and Latin America & Canada.
PMI’s management evaluates segment performance and allocates resources based on operating companies income, which PMI defines as operating income before general corporate expenses and amortization of intangibles. Interest expense, net, and provision for income taxes are centrally managed and, accordingly, such items are not presented by segment since they are excluded from the measure of segment profitability reviewed by management.
 
Segment data were as follows:
(in millions)
 
For the Nine Months Ended September 30,
 
For the Three Months Ended September 30,
 
 
2013
 
2012
 
2013
 
2012
Net revenues:
 
 
 
 
 
 
 
 
European Union
 
$
21,255

 
$
20,654

 
$
7,487

 
$
6,904

Eastern Europe, Middle East & Africa
 
15,346

 
14,256

 
5,546

 
5,125

Asia
 
15,776

 
15,668

 
5,144

 
5,174

Latin America & Canada
 
7,262

 
7,073

 
2,452

 
2,389

Net revenues
 
$
59,639

 
$
57,651

 
$
20,629

 
$
19,592

Earnings before income taxes:
 
 
 
 
 
 
 
 
Operating companies income:
 
 
 
 
 
 
 
 
European Union
 
$
3,227

 
$
3,232

 
$
1,207

 
$
1,085

Eastern Europe, Middle East & Africa
 
2,968

 
2,805

 
1,088

 
1,047

Asia
 
3,567

 
4,068

 
1,097

 
1,297

Latin America & Canada
 
776

 
753

 
267

 
267

Amortization of intangibles
 
(71
)
 
(73
)
 
(23
)
 
(24
)
General corporate expenses
 
(155
)
 
(155
)
 
(43
)
 
(49
)
Operating income
 
10,312

 
10,630

 
3,593

 
3,623

Interest expense, net
 
(721
)
 
(633
)
 
(239
)
 
(211
)
Earnings before income taxes
 
$
9,591

 
$
9,997

 
$
3,354

 
$
3,412


Items affecting the comparability of results from operations are asset impairment and exit costs. See Note 2. Asset Impairment and Exit Costs for a breakdown of these costs by segment.