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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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June 30,
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2015 (4) 2016
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Revenues:
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Google $17,653 $21,315
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Other Bets 74 185
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Total revenues $17,727 $21,500
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Operating income (loss):
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Google $5,608 $6,994
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Other Bets (660) (859)
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Reconciling items (1) (123) (167)
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Total income from operations $4,825 $5,968
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Stock-based compensation (2) :
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Google $996 $1,320
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Other Bets 105 150
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Reconciling items (1) 31 33
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Total stock-based compensation $1,132 $1,503
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Operating income (loss), excluding stock-based compensation (2) :
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Google $6,604 $8,314
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Other Bets (555) (709)
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Reconciling items (1) (92) (134)
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Total income from operation, excluding stock-based compensation $5,957 $7,471
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Capital expenditures:
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Google $2,060 $2,678 $2,056
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Other Bets 232 157 280
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Reconciling items (3) 223 92 (213)
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Total capital expenditures $2,515 $2,123
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Depreciation, amortization, and impairment:
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Google $1,189 $1,409
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Other Bets 45 81
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Total depreciation, amortization, and impairment $1,234 $1,490
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(1) Reconciling items are primarily related to corporate administrative costs and other miscellaneous items that are not allocated to individual segments.
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(2) For purposes of segment reporting, we define SBC as awards accounted for under FASB ASC Topic 718 that we expect to settle in stock. SBC for segment reporting does not include expenses related to awards that we expect to ultimately settle in cash.
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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) Segment information for Q2 2015 has been recast to conform to the current period segment presentation. Consolidated financial information is not impacted.