Segment Reporting (Tables)

9 Months Ended

Sep. 30, 2021

Segment Reporting [Abstract]

Segment Data

Segment data were as follows:

(in millions)	For the Nine Months Ended September 30,				For the Three Months Ended September 30,
	2021		2020		2021		2020
Net revenues:
European Union	$	9,250	$	7,960	$	3,192	$	2,950
Eastern Europe	2,632		2,470		941		899
Middle East & Africa	2,306		2,348		945		768
South & Southeast Asia	3,284		3,211		1,065		1,071
East Asia & Australia	4,509		4,045		1,523		1,358
Americas	1,320		1,216		456		400
Net revenues	$	23,301	$	21,250	$	8,122	$	7,446
Operating income (loss):
European Union	$	4,811	$	3,924	$	1,680	$	1,588
Eastern Europe	913		610		338		245
Middle East & Africa	739		819		388		261
South & Southeast Asia	1,208		1,290		348		402
East Asia & Australia	2,041		1,792		631		637
Americas	367		328		121		110
	10,079		8,763		3,506		3,243
Other	(51)		—		(51)		—
Operating income	$	10,028	$	8,763	$	3,455	$	3,243

PMI's net revenues by product category were as follows:

(in millions)	For the Nine Months Ended September 30,				For the Three Months Ended September 30,
	2021		2020		2021		2020
Net revenues:
Combustible products:
European Union	$	6,283	$	6,099	$	2,170	$	2,244
Eastern Europe	1,681		1,681		635		636
Middle East & Africa	2,208		2,296		901		768
South & Southeast Asia	3,277		3,211		1,061		1,071
East Asia & Australia	1,850		1,876		591		605
Americas	1,278		1,196		438		393
Total combustible products	$	16,577	$	16,360	$	5,796	$	5,716
Reduced-risk products:
European Union	$	2,967	$	1,861	$	1,022	$	706
Eastern Europe	951		789		306		263
Middle East & Africa	98		52		44		—
South & Southeast Asia	7		—		4		—
East Asia & Australia	2,659		2,169		932		753
Americas	42		20		18		7
Total reduced-risk products	$	6,724	$	4,890	$	2,326	$	1,730
Total PMI net revenues	$	23,301	$	21,250	$	8,122	$	7,446

Note: Sum of product categories or Regions might not foot to total PMI due to roundings.