v3.26.1
Related Parties - Equity Investments and Other: (Tables)
 6 Months Ended
Jun. 30, 2026
Related Party Transactions [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)2026202520262025
Net revenues:
Megapolis Group$1,487 $1,264 $783 $715 
Other953 816 472 428 
Net revenues (a)
$2,440 $2,080 $1,255 $1,143 
Expenses:
Other$141 $103 $45 $66 
Expenses$141 $103 $45 $66 
(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, 2026
At December 31, 2025
Receivables:
Megapolis Group$699 $568 
Other344 271 
Receivables$1,043 $839 
Other assets:
Other$81 $— 
Other assets$81 $— 
Payables:
Other$46 $37 
Payables$46 $37