Segment Reporting

12 Months Ended

Dec. 31, 2019

Segment Reporting

Segment Reporting

16.    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,
	2019		2018
	(In thousands)
Total assets:
Pay-TV	$	31,531,612	$	28,981,608
Wireless		25,686,381		24,433,458
Eliminations		(23,987,058)		(22,828,054)
Total assets	$	33,230,935	$	30,587,012

					All
					Other &		Consolidated
	Pay-TV		Wireless (1)		Eliminations		Total
	(In thousands)
Year Ended December 31, 2019
Total revenue	$	12,810,248	$	1,673	$	(4,237)	$	12,807,684
Depreciation and amortization		621,810		8,767		—		630,577
Operating income (loss)		1,961,700		(82,824)		—		1,878,876
Interest income		1,588,023		—		(1,510,809)		77,214
Interest expense, net of amounts capitalized		(988,295)		(546,201)		1,510,809		(23,687)
Other, net		10,940		584		—		11,524
Income tax (provision) benefit, net		(615,664)		164,306		—		(451,358)
Net income (loss)		1,956,705		(464,136)		—		1,492,569
Year Ended December 31, 2018
Total revenue	$	13,621,198	$	580	$	(476)	$	13,621,302
Depreciation and amortization		698,336		13,688		—		712,024
Operating income (loss)		2,187,675		(40,054)		—		2,147,621
Interest income		1,495,371		—		(1,450,612)		44,759
Interest expense, net of amounts capitalized		(1,013,062)		(452,556)		1,450,612		(15,006)
Other, net		8,957		2,844		—		11,801
Income tax (provision) benefit, net		(650,858)		117,174		—		(533,684)
Net income (loss)		2,028,083		(372,592)		—		1,655,491
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
Net income (loss)		1,628,309		537,098		—		2,165,407

(1) Operating income (loss) for the wireless segment was positively impacted for the year ended December 31, 2018 by a decrease in depreciation expense associated with the T1 satellite, which was impaired during 2017.

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:	2019		2018		2017
	(In thousands)
United States	$	12,759,909	$	13,578,254	$	14,351,558
Canada and Mexico		47,775		43,048		39,817
Total revenue	$	12,807,684	$	13,621,302	$	14,391,375

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

	For the Years Ended December 31,
Category:	2019		2018		2017
	(In thousands)
Pay-TV video and related revenue	$	12,436,637	$	13,197,994	$	13,877,196
Broadband revenue		179,805		258,094		383,216
Equipment sales and other revenue		191,242		165,214		130,963
Total	$	12,807,684	$	13,621,302	$	14,391,375

All revenues during the years ended December 31, 2019, 2018 and 2017 were primarily derived from our Pay-TV segment.