Segment Reporting

6 Months Ended

Jun. 30, 2021

Segment Reporting

Segment Reporting

12.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
	June 30,		December 31,
	2021		2020
	(In thousands)
Total assets:
Pay-TV	$	37,001,119	$	36,251,281
Wireless		30,688,782		29,921,237
Eliminations		(28,066,323)		(27,932,571)
Total assets	$	39,623,578	$	38,239,947

	For the Three Months Ended				For the Six Months Ended
	June 30,				June 30,
	2021		2020		2021		2020
	(In thousands)
Revenue:
Pay-TV	$	3,252,390	$	3,186,444	$	6,456,359	$	6,404,468
Wireless		1,237,113		1,279		2,531,762		2,381
Eliminations		(2,543)		(633)		(3,308)		(2,370)
Total revenue	$	4,486,960	$	3,187,090	$	8,984,813	$	6,404,479
Operating income (loss):
Pay-TV	$	826,914	$	695,511	$	1,599,657	$	1,237,153
Wireless (1)		79,824		(57,861)		171,657		(455,425)
Total operating income (loss)	$	906,738	$	637,650	$	1,771,314	$	781,728

(1) The six months ended June 30, 2020 was negatively impacted by an “Impairment of long-lived assets” of $356 million. See Note 2 for further information.

Geographic Information. Revenue is attributed to geographic regions based upon the location where the goods and services are provided. All service 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 Six Months Ended
	June 30,				June 30,
Revenue:	2021		2020		2021		2020
	(In thousands)
United States	$	4,471,634	$	3,181,999	$	8,957,497	$	6,383,447
Canada and Mexico		15,326		5,091		27,316		21,032
Total revenue	$	4,486,960	$	3,187,090	$	8,984,813	$	6,404,479

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

	For the Three Months Ended				For the Six Months Ended
	June 30,				June 30,
Category:	2021		2020		2021		2020
	(In thousands)
Pay-TV subscriber and related revenue	$	3,202,042	$	3,149,813	$	6,366,409	$	6,315,854
Wireless services and related revenue		1,052,807		—		2,097,974		—
Pay-TV equipment sales and other revenue		50,348		36,631		89,950		88,614
Wireless equipment sales and other revenue		184,306		1,279		433,788		2,381
Eliminations		(2,543)		(633)		(3,308)		(2,370)
Total	$	4,486,960	$	3,187,090	$	8,984,813	$	6,404,479