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Segment results
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The following table presents our revenues, operating income, stock-based compensation, capital expenditures, and depreciation, amortization, and impairment by segment (in millions, unaudited):
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Twelve Months Ended
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December 31,
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2013 2014 2015
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Revenues:
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Google 55,507 65,674 74,541
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Other Bets 12 327 448
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Total revenues $55,519 $66,001 $74,989
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Segment operating income / (loss), excluding stock-based compensation (1) :
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Google $19,171 $22,688 $28,012
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Other Bets (403) (1,595) (3,069)
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Reconciling items (2) (238) (422) (380)
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Total income from operation, excluding stock-based compensation $18,530 $20,671 $24,563
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Stock-based compensation (1) :
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Google $2,911 $3,677 $4,587
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Other Bets 124 347 498
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Reconciling items (2) 92 151 118
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Total stock-based compensation $3,127 $4,175 $5,203
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Segment operating income / (loss):
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Google $16,260 $19,011 $23,425
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Other Bets (527) (1,942) (3,567)
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Reconciling items (2) (330) (573) (498)
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Total income from operations $15,403 $16,496 $19,360
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Capital expenditures:
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Google $7,006 $11,173 $8,849
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Other Bets 187 501 869
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Reconciling items (3)(4) 165 (715) 197
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Total capital expenditures $7,358 $10,959 $9,915
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Depreciation, amortization and impairment:
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Google $3,668 $4,778 $4,839
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Other Bets 24 148 203
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Reconciling items (2)(4) 247 53 21
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Total depreciation, amortization and impairment $3,939 $4,979 $5,063
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(1) For purposes of determining SBC for segment reporting, we define SBC as awards accounted for under FASB ASC Topic 718 that we expect to settle in stock. SBC does not include expenses related to awards that we will ultimately settle in cash. Amount excludes SBC from discontinued operations.
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(2) Reconciling items are primarily related to corporate administrative costs and other miscellaneous items that are not allocated to individual segments.
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(3) Reconciling items are related to timing differences of payments as segment capital expenditures are on accrual basis while total capital expenditures shown on Consolidated Statements of Cash Flow are on cash basis and other miscellaneous differences.
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(4) Reconciling items include items related to Motorola Mobile and Motorola Home for fiscal years 2013 and 2014.