Segments (Tables)

12 Months Ended

Dec. 31, 2014

Summary of financial performance of operating segments



	Year Ended December 31,
	2014			2013			2012
	(In millions)
Net Revenue
Marketplaces
Net transaction revenues	$	6,995		$	6,569		$	5,834
Marketing services and other revenues	1,822			1,715			1,564
	8,817			8,284			7,398
Payments
Net transaction revenues	7,218			6,096			5,146
Marketing services and other revenues	686			532			428
	7,904			6,628			5,574
Enterprise⁽¹⁾
Net transaction revenues	985			898			850
Marketing services and other revenues	253			268			271
	1,238			1,166			1,121

Elimination of inter-segment net revenue⁽²⁾	(57		)	(31		)	(21		)
Total consolidated net revenue	$	17,902		$	16,047		$	14,072

Operating income (loss)
Marketplaces	$	3,327		$	3,351		$	2,943
Payments	1,835			1,588			1,359
Enterprise	83			72			55
Corporate and other	(1,731		)	(1,640		)	(1,469		)
Total operating income (loss)	$	3,514		$	3,371		$	2,888

(1) During the first quarter of 2014, we changed our reportable segments based upon changes in our organizational structure which reflect the integration of our Magento platform into our Enterprise segment. The above table presents recast annual segment results to reflect the move of our Magento platform into our Enterprise segment. Prior to this change, Magento was reported in corporate and other. The table also presents recast annual segment results to reflect the reclassification of Marketplaces vehicles and real estate revenues from net transaction revenue to marketing services and other revenue.

(2) Represents revenue generated between our reportable segments.

Summary of allocation of net revenues and long-lived tangible assets based on geography

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



	Year Ended December 31,
	2014		2013		2012
	(In millions)
Net revenues:
U.S.	$	8,495	$	7,712	$	6,778
United Kingdom	2,633		2,183		1,889
Germany	2,107		1,930		1,679
Rest of world	4,667		4,222		3,726
Total net revenues	$	17,902	$	16,047	$	14,072



	December 31,
	2014		2013
	(In millions)
Long-lived tangible assets:
U.S.	$	2,924	$	2,756
International	229		240
Total long-lived tangible assets	$	3,153	$	2,996

- 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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