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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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Three Months Ended
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Dec 31, Mar 31, Jun 30,
Sep 30,
Sep 30, Dec 31,
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2014 2015 2015 2015 2015
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Revenues:
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Google 17,997 17,178 17,652 18,533 21,178
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Other Bets 106 80 75 142 151
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Total revenues $18,103 $17,258 $17,727 $18,675 $21,329
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Segment operating income / (loss), excluding stock-based compensation (1) :
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Google $6,301 $6,243 $6,622 $7,104 $8,043
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Other Bets (533) (516) (574) (875) (1,104)
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Reconciling items (2) (168) (77) (91) (89) (123)
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Total income from operation, excluding stock-based compensation $5,600 $5,650 $5,957 $6,140 $6,816
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Stock-based compensation (1) :
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Google $1,078 $1,055 $992 $1,269 $1,271
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Other Bets 101 117 109 134 138
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Reconciling items (2) 22 31 31 29 27
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Total stock-based compensation $1,201 $1,203 $1,132 $1,432 $1,436
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Segment operating income / (loss):
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Google $5,223 $5,188 $5,630 $5,835 $6,772
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Other Bets (634) (633) (683) (1,009) (1,242)
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Reconciling items (2) (190) (108) (122) (118) (150)
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Total income from operations $4,399 $4,447 $4,825 $4,708 $5,380
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Capital expenditures:
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Google $3,755 $2,678 $2,678 $2,058 $2,332 $1,781
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Other Bets 142 157 157 234 279 199
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Reconciling items (3)(4) (346) 92 92 223 (238) 120
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Total capital expenditures $3,551 $2,927 $2,515 $2,373 $2,100
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Depreciation, amortization and impairment:
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Google $1,214 $1,137 $1,189 $1,200 $1,313
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Other Bets 51 40 45 48 70
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Reconciling items (2)(4) 2 0 0 0 21
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Total depreciation, amortization and impairment $1,267 $1,177 $1,234 $1,248 $1,404
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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.