Note 5 - Segments (Tables)

6 Months Ended

Jun. 30, 2012

Schedule of financial performance of operating segments

The following tables summarize the financial performance of our reporting segments and reconciliation to our consolidated operating results for the periods reflected below (data for the three and six months ended June 30, 2011 include GSI since the date of acquisition):



	Three Months Ended June 30,						Six Months Ended June 30,
	2012			2011			2012			2011
	(In millions)
Net Revenue
Marketplaces
Net transaction revenues	$	1,491		$	1,350		$	2,916		$	2,634
Marketing services and other revenues	323			313			626			583
	1,814			1,663			3,542			3,217
Payments
Net transaction revenues	1,234			991			2,450			1,934
Marketing services and other revenues	123			82			216			131
	1,357			1,073			2,666			2,065
GSI
Net transaction revenues	164			16			346			16
Marketing services and other revenues	57			8			112			8
	221			24			458			24
Corporate and other
Marketing services and other revenues	10			—			16			—

Elimination of inter-segment net revenue⁽¹⁾	(4		)	—			(7		)	—
Total consolidated net revenue	$	3,398		$	2,760		$	6,675		$	5,306

Operating income (loss)
Marketplaces	$	719		$	645		$	1,388		$	1,274
Payments	350			235			695			456
GSI	10			—			33			—
Corporate and other	(384		)	(361		)	(768		)	(646		)
Total operating income (loss)	$	695		$	519		$	1,348		$	1,084

(1) Represents revenue generated between our reportable segments.

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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