1
Segment results
2
3
The following table presents our revenues, operating income (loss), stock-based compensation, capital expenditures, and depreciation, amortization, and impairment by segment (in millions, unaudited):
4
Three Months Ended
5
March 31,
6
2016 2017
7
Revenues:
8
Google
$20,092 $24,506
9
Other Bets
165 244
10
Total revenues $20,257 $24,750
11
12
Operating income (loss):
13
Google
$6,245 $7,598
14
Other Bets
(774) (855)
15
Reconciling items (1)
(129) (175)
16
Total income from operations $5,342 $6,568
17
18
Stock-based compensation (2) :
19
Google
$1,323 $1,854
20
Other Bets
138 114
21
Reconciling items (1)
33 41
22
Total stock-based compensation $1,494 $2,009
23
24
Capital expenditures:
25
Google
$2,039 $2,406
26
Other Bets
277 170
27
Reconciling items (3)
128 (68)
28
Total capital expenditures $2,444 $2,508
29
30
Depreciation, amortization, and impairment:
31
Google $1,317 $1,396
32
Other Bets 54 107
33
Total depreciation, amortization, and impairment $1,371 $1,503
34
(1) Reconciling items are primarily related to corporate administrative costs and other miscellaneous items that are not allocated to individual segments.
35
(2) For purposes of segment reporting, SBC represents awards that we expect to settle in Alphabet stock.
36
(3) Reconciling items are related to timing differences of payments as segment capital expenditures are on accrual basis while total capital expenditures shown on the Consolidated Statements of Cash Flow are on cash basis and other miscellaneous differences.