MM is often used to denote millions, but I don't think BB is used to denote Billions. Do you have a cite that indicates otherwise, because I don't see it on a quick search.
MM = 1000 * 1000
NMM = 1000 * 1000 * 1000
pp = pages
ll = lines
so it's a natural logical extrapolation to go for
bb = billions
That being said, MM is more necessary because "M" also denotes 1000, and can thus be ambiguous.
Anyway, thanks, next time I see it, I guess I will not be confused.