Segment Reporting

9 Months Ended

Sep. 30, 2019

Segment Reporting

Segment Reporting

11.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
	September 30,		December 31,
	2019		2018
	(In thousands)
Total assets:
Pay-TV	$	30,010,794	$	28,981,608
Wireless		25,371,101		24,433,458
Eliminations		(23,610,455)		(22,828,054)
Total assets	$	31,771,440	$	30,587,012

	For the Three Months Ended				For the Nine Months Ended
	September 30,				September 30,
	2019		2018		2019		2018
	(In thousands)
Revenue:
Pay-TV	$	3,169,967	$	3,395,141	$	9,569,972	$	10,314,473
Wireless		64		—		187		—
Eliminations		(1,668)		—		(3,340)		—
Total revenue	$	3,168,363	$	3,395,141	$	9,566,819	$	10,314,473
Operating income (loss):
Pay-TV	$	491,696	$	572,753	$	1,406,179	$	1,693,378
Wireless		(22,804)		(10,050)		(50,255)		(28,509)
Eliminations		—		—		—		—
Total operating income (loss)	$	468,892	$	562,703	$	1,355,924	$	1,664,869

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 Three Months Ended				For the Nine Months Ended
	September 30,				September 30,
Revenue:	2019		2018		2019		2018
	(In thousands)
United States	$	3,156,853	$	3,380,412	$	9,533,647	$	10,280,237
Canada and Mexico		11,510		14,729		33,172		34,236
Total revenue	$	3,168,363	$	3,395,141	$	9,566,819	$	10,314,473

The revenue from external customers disaggregated by major revenue source was as follows:

	For the Three Months Ended				For the Nine Months Ended
	September 30,				September 30,
Category:	2019		2018		2019		2018
	(In thousands)
Pay-TV video and related revenue	$	3,070,915	$	3,288,754	$	9,285,916	$	9,988,705
Broadband revenue		46,276		60,602		141,617		203,115
Equipment sales and other revenue		51,172		45,785		139,286		122,653
Total	$	3,168,363	$	3,395,141	$	9,566,819	$	10,314,473

All revenues during the three and nine months ended September 30, 2019 were derived from our Pay-TV segment.