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Segment Reporting
12 Months Ended
Dec. 31, 2017
Segment Reporting  
Segment Reporting

15.    Segment Reporting

 

Operating segments are components of an enterprise for which separate financial information is available and regularly evaluated by the chief operating decision maker(s) of an enterprise.  Operating income is the primary measure used by our chief operating decision maker to evaluate segment operating performance.  We currently operate two primary business segments:  (1) Pay-TV and (2) Wireless.  See Note 1 for further information.

 

All other and eliminations primarily include intersegment eliminations related to intercompany debt and the related interest income and interest expense, which are eliminated in consolidation.

 

The total assets, revenue and operating income by segment were as follows: 

 

 

 

 

 

 

 

 

 

 

 

As of December 31,

 

 

    

2017

    

2016

 

 

 

(In thousands) 

 

Total assets:

 

 

 

 

 

 

 

Pay-TV

 

$

28,353,581

 

$

26,980,276

 

Wireless

 

 

23,377,088

 

 

17,814,382

 

Eliminations

 

 

(21,956,903)

 

 

(16,880,366)

 

Total assets

 

$

29,773,766

 

$

27,914,292

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

All

 

 

 

 

 

 

 

 

 

 

 

 

Other &

 

Consolidated 

 

 

    

Pay-TV

    

Wireless 

    

Eliminations

    

Total

 

 

 

(In thousands)

 

Year Ended December 31, 2017

 

 

 

 

 

 

 

 

 

 

 

 

 

Total revenue

 

$

14,391,375

 

$

 —

 

$

 —

 

$

14,391,375

 

Depreciation and amortization

 

 

788,237

 

 

29,327

 

 

 —

 

 

817,564

 

Operating income (loss)

 

 

1,759,130

 

 

(191,365)

 

 

 —

 

 

1,567,765

 

Interest income

 

 

1,306,298

 

 

 —

 

 

(1,265,292)

 

 

41,006

 

Interest expense, net of amounts capitalized

 

 

(1,068,231)

 

 

(260,233)

 

 

1,265,292

 

 

(63,172)

 

Other, net

 

 

104,482

 

 

 6

 

 

 —

 

 

104,488

 

Income tax (provision) benefit, net

 

 

(473,370)

 

 

988,690

 

 

 —

 

 

515,320

 

Income (loss)

 

 

1,628,309

 

 

537,098

 

 

 —

 

 

2,165,407

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended December 31, 2016

 

 

 

 

 

 

 

 

 

 

 

 

 

Total revenue

 

$

15,212,302

 

$

 —

 

$

 —

 

$

15,212,302

 

Depreciation and amortization

 

 

877,342

 

 

43,860

 

 

 —

 

 

921,202

 

Operating income (loss)

 

 

2,383,388

 

 

(64,127)

 

 

 —

 

 

2,319,261

 

Interest income

 

 

1,006,243

 

 

3,745

 

 

(978,820)

 

 

31,168

 

Interest expense, net of amounts capitalized

 

 

(876,375)

 

 

(155,586)

 

 

978,820

 

 

(53,141)

 

Other, net

 

 

32,867

 

 

86,448

 

 

 —

 

 

119,315

 

Income tax (provision) benefit, net

 

 

(934,024)

 

 

68,206

 

 

 —

 

 

(865,818)

 

Income (loss)

 

 

1,612,099

 

 

(61,314)

 

 

 —

 

 

1,550,785

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended December 31, 2015

 

 

 

 

 

 

 

 

 

 

 

 

 

Total revenue

 

$

15,225,097

 

$

396

 

$

 —

 

$

15,225,493

 

Depreciation and amortization

 

 

919,058

 

 

44,299

 

 

 —

 

 

963,357

 

Operating income (loss)

 

 

2,133,947

 

 

(705,575)

 

 

 —

 

 

1,428,372

 

Interest income

 

 

859,608

 

 

9,434

 

 

(849,516)

 

 

19,526

 

Interest expense, net of amounts capitalized

 

 

(844,320)

 

 

(499,277)

 

 

849,516

 

 

(494,081)

 

Other, net

 

 

85,496

 

 

195,883

 

 

 —

 

 

281,379

 

Income tax (provision) benefit, net

 

 

(785,642)

 

 

392,472

 

 

 —

 

 

(393,170)

 

Income (loss)

 

 

1,449,089

 

 

(607,063)

 

 

 —

 

 

842,026

 

 

Geographic Information.  Revenue is attributed to geographic regions based upon the location where the goods and services are provided.  All subscriber-related revenue was derived from the United States. Substantially all of our long-lived assets reside in the United States.

 

The following table summarizes revenue by geographic region:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Years Ended December 31,

 

Revenue:

 

2017

    

2016

    

2015

 

 

 

(In thousands)

 

United States

 

$

14,351,558

 

$

15,111,832

 

$

15,090,923

 

Canada and Mexico

 

 

39,817

 

 

100,470

 

 

134,570

 

Total revenue

 

$

14,391,375

 

$

15,212,302

 

$

15,225,493