Segment Reporting

3 Months Ended

Mar. 31, 2022

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
	March 31,		December 31,
	2022		2021
	(In thousands)
Total assets:
Pay-TV	$	44,499,312	$	43,799,761
Wireless (1)		42,134,857		33,310,090
Eliminations (1)		(37,432,517)		(29,108,126)
Total assets	$	49,201,652	$	48,001,725

(1) The increase primarily resulted from intercompany advances to purchase the 3.45–3.55 GHz band licenses. See Note 10 for further information.

	For the Three Months Ended
	March 31,
	2022		2021
	(In thousands)
Revenue:
Pay-TV	$	3,167,563	$	3,203,969
Wireless		1,165,457		1,294,649
Eliminations		(2,400)		(765)
Total revenue	$	4,330,620	$	4,497,853
Operating income (loss):
Pay-TV	$	752,046	$	772,743
Wireless		(201,686)		91,833
Total operating income (loss)	$	550,360	$	864,576

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
	March 31,
Revenue:	2022		2021
	(In thousands)
United States	$	4,322,176	$	4,485,863
Canada and Mexico		8,444		11,990
Total revenue	$	4,330,620	$	4,497,853

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

	For the Three Months Ended
	March 31,
Category:	2022		2021
	(In thousands)
Pay-TV subscriber and related revenue	$	3,129,734	$	3,164,367
Wireless services and related revenue		945,388		1,045,167
Pay-TV equipment sales and other revenue		37,829		39,602
Wireless equipment sales and other revenue		220,069		249,482
Eliminations		(2,400)		(765)
Total	$	4,330,620	$	4,497,853