Segment Reporting (Tables)

6 Months Ended

Jun. 30, 2023

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

Segment data were as follows:

	For the Six Months Ended June 30,				For the Three Months Ended June 30,
(in millions)	2023		2022		2023		2022
Net revenues:
Smokeable products	$	10,910	$	11,138	$	5,820	$	5,873
Oral tobacco products	1,308		1,278		680		665
All other	9		19		8		5
Net revenues	$	12,227	$	12,435	$	6,508	$	6,543
Earnings before income taxes:
OCI:
Smokeable products	$	5,349	$	5,321	$	2,846	$	2,762
Oral tobacco products	859		837		443		430
All other	(13)		(20)		(4)		(15)
Amortization of intangibles	(45)		(35)		(27)		(18)
General corporate expenses	(488)		(114)		(353)		(54)
Operating income	5,662		5,989		2,905		3,105
Interest and other debt expense, net	486		561		257		280
Net periodic benefit income, excluding service cost	(62)		(93)		(31)		(47)
(Income) losses from investments in equity securities	(47)		1,229		(127)		1,263
Loss on Cronos-related financial instruments	—		14		—		4
Earnings before income taxes	$	5,285	$	4,278	$	2,806	$	1,605

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 Six Months Ended June 30,				For the Three Months Ended June 30,
(in millions)	2023		2022		2023		2022
Smokeable products segment	$	52	$	50	$	40	$	38
General corporate expenses	338		7		240		7
Interest and other debt expense, net	11		1		10		1
Total	$	401	$	58	$	290	$	46