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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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Mar 31,
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2015 2016
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Revenues:
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Google 17,178 20,091
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Other Bets 80 166
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Total revenues $17,258 $20,257
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Operating income / (loss), excluding stock-based compensation (1) :
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Google $6,243 $7,588
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Other Bets (516) (657)
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Reconciling items (2) (77) (95)
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Total income from operation, excluding stock-based compensation $5,650 $6,836
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Stock-based compensation (1) :
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Google $1,055 $1,316
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Other Bets 117 145
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Reconciling items (2) 31 33
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Total stock-based compensation $1,203 $1,494
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Operating income / (loss):
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Google $5,188 $6,272
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Other Bets (633) (802)
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Reconciling items (2) (108) (128)
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Total income from operations $4,447 $5,342
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Capital expenditures:
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Google $2,678 $2,678 $2,036
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Other Bets 157 157 280
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Reconciling items (3) 92 92 112
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Total capital expenditures $2,927 $2,428
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Depreciation, amortization and impairment:
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Google $1,137 $1,317
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Other Bets 40 54
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Total depreciation, amortization and impairment $1,177 $1,371
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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.
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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.