Segment Reporting (Tables)

12 Months Ended

Dec. 31, 2013

Segment data were as follows:



	For the Years Ended December 31,
(in millions)	2013			2012			2011
Net revenues:
European Union	$	28,303		$	27,338		$	29,768
Eastern Europe, Middle East & Africa	20,695			19,272			17,452
Asia	20,987			21,071			19,590
Latin America & Canada	10,044			9,712			9,536
Net revenues⁽¹⁾	$	80,029		$	77,393		$	76,346
Earnings before income taxes:
Operating companies income:
European Union	$	4,238		$	4,187		$	4,560
Eastern Europe, Middle East & Africa	3,779			3,726			3,229
Asia	4,622			5,197			4,836
Latin America & Canada	1,134			1,043			988
Amortization of intangibles	(93		)	(97		)	(98		)
General corporate expenses	(187		)	(210		)	(183		)
Less:
Equity (income)/loss in unconsolidated subsidiaries, net	22			17			10
Operating income	13,515			13,863			13,342
Interest expense, net	(973		)	(859		)	(800		)
Earnings before income taxes	$	12,542		$	13,004		$	12,542

⁽¹⁾ Total net revenues attributable to customers located in Germany, PMI’s largest market in terms of net revenues, were $7.8 billion, $7.7 billion and $8.1 billion for the years ended December 31, 2013, 2012 and 2011, respectively.

Depreciation Expense and Capital Expenditures by Segment



	For the Years Ended December 31,
(in millions)	2013		2012		2011
Depreciation expense:
European Union	$	190	$	181	$	210
Eastern Europe, Middle East & Africa	227		211		227
Asia	277		315		358
Latin America & Canada	85		84		90
	779		791		885
Other	10		10		10
Total depreciation expense	$	789	$	801	$	895
Capital expenditures:
European Union	$	480	$	391	$	382
Eastern Europe, Middle East & Africa	247		197		133
Asia	317		277		208
Latin America & Canada	156		127		140
	1,200		992		863
Other	—		64		34
Total capital expenditures	$	1,200	$	1,056	$	897

Long-Lived Assets By Segment



	At December 31,
(in millions)	2013		2012		2011
Long-lived assets:
European Union	$	3,403	$	3,065	$	2,938
Eastern Europe, Middle East & Africa	1,265		1,215		1,094
Asia	1,758		1,824		1,681
Latin America & Canada	759		719		678
	7,185		6,823		6,391
Other	208		139		146
Total long-lived assets	$	7,393	$	6,962	$	6,537