Related Parties - Equity Investments and Other (Tables)

6 Months Ended

Jun. 30, 2022

Equity Method Investments and Joint Ventures [Abstract]

Earnings and balance sheet activities with related parties - equity investments and other

PMI’s net revenues and expenses with the above related parties were as follows:

	For the Six Months Ended June 30,				For the Three Months Ended June 30,
(in millions)	2022		2021		2022		2021
Net revenues:
Megapolis Group	$	993	$	1,038	$	606	$	555
Other	554		560		263		280
Net revenues (a)	$	1,547	$	1,598	$	869	$	835
Expenses:
Other	$	29	$	33	$	17	$	16
Expenses	$	29	$	33	$	17	$	16

(a) Net revenues exclude excise taxes and VAT billed to customers.

PMI’s balance sheet activity with the above related parties was as follows:

(in millions)	At June 30, 2022		At December 31, 2021
Receivables:
Megapolis Group	$	725	$	319
Other	243		199
Receivables	$	968	$	518
Payables:
Other	$	32	$	25
Payables	$	32	$	25