Segments

We have three reporting segments: Marketplaces, Payments and Enterprise. We allocate resources to and assess the performance of each reporting segment using information about its revenue and operating income (loss). We do not evaluate operating segments using discrete asset information. We do not allocate gains and losses from equity investments, interest and other income, or taxes to reporting segments.

The Corporate and other category includes income, expenses and charges such as:


•	results of operations of Magento and other initiatives which support all of our reporting segments;


•	corporate management costs, such as human resources, finance and legal, not allocated to our segments;


•	amortization of intangible assets;


•	restructuring charges; and


•	stock-based compensation expense.

The following tables summarize the financial performance of our reporting segments and provide a reconciliation to our consolidated operating results for the periods reflected below (data for the year ended December 31, 2011 for our Enterprise segment is since June 17, 2011, the date we acquired GSI):



	Year Ended December 31,
	2013			2012			2011
	(In millions)
Net Revenue
Marketplaces
Net transaction revenues	$	6,795		$	6,078		$	5,431
Marketing services and other revenues	1,489			1,320			1,211
	8,284			7,398			6,642
Payments
Net transaction revenues	6,096			5,146			4,123
Marketing services and other revenues	532			428			289
	6,628			5,574			4,412
Enterprise
Net transaction revenues	898			850			460
Marketing services and other revenues	214			233			130
	1,112			1,083			590
Corporate and other
Marketing services and other revenues	55			39			8

Elimination of inter-segment net revenue⁽¹⁾	(32		)	(22		)	—
Total consolidated net revenue	$	16,047		$	14,072		$	11,652

Operating income (loss)
Marketplaces	$	3,351		$	2,943		$	2,631
Payments	1,588			1,359			978
Enterprise	91			128			83
Corporate and other	(1,659		)	(1,542		)	(1,319		)
Total operating income (loss)	$	3,371		$	2,888		$	2,373

(1) Represents revenue generated between our reportable segments.

The following tables summarize the allocation of net revenues and long-lived tangible assets based on geography:



	Year Ended December 31,
	2013		2012		2011
	(In millions)
Net revenues:
U.S.	$	7,712	$	6,778	$	5,484
Germany	1,930		1,679		1,539
United Kingdom	2,183		1,889		1,572
Rest of world	4,222		3,726		3,057
Total net revenues	$	16,047	$	14,072	$	11,652



	December 31,
	2013		2012
	(In millions)
Long-lived tangible assets:
U.S.	$	2,756	$	2,727
International	240		222
Total long-lived tangible assets	$	2,996	$	2,949

Net revenues are attributed to U.S. and international geographies primarily based upon the country in which the seller, payment recipient, customer, website that displays advertising, or other service provider, as the case may be, is located. Long-lived assets attributed to the U.S. and international geographies are based upon the country in which the asset is located or owned. Total assets by segment are not presented as that information is not used to allocate resources or assess performance at the segment level and is not reviewed by our Chief Operating Decision Maker.