v2.4.0.6
Segment Information (Tables)
3 Months Ended
Mar. 31, 2013
Schedule of Segment Reporting Information by Segment

Information on reportable segments and reconciliation to consolidated net income is as follows (in millions):

 

     Three Months
Ended March 31,
 
     2013     2012  

North America

    

Net sales

   $ 9,391      $ 7,427   

Segment operating expenses (1)

     8,934        7,078   
  

 

 

   

 

 

 

Segment operating income

   $ 457      $ 349   
  

 

 

   

 

 

 

International

    

Net sales

   $ 6,679      $ 5,758   

Segment operating expenses (1)

     6,695        5,709   
  

 

 

   

 

 

 

Segment operating income (loss)

   $ (16   $ 49   
  

 

 

   

 

 

 

Consolidated

    

Net sales

   $ 16,070      $ 13,185   

Segment operating expenses (1)

     15,629        12,787   
  

 

 

   

 

 

 

Segment operating income

     441        398   

Stock-based compensation

     (229     (160

Other operating income (expense), net

     (31     (46
  

 

 

   

 

 

 

Income from operations

     181        192   

Total non-operating income (expense)

     (100     (108

Benefit (provision) for income taxes

     18        (43

Equity-method investment activity, net of tax

     (17     89   
  

 

 

   

 

 

 

Net income

   $ 82      $ 130   
  

 

 

   

 

 

 

 

(1) Represents operating expenses, excluding stock-based compensation and “Other operating expense (income), net,” which are not allocated to segments.
Revenue from External Customers by Products and Services

Net sales of similar products and services were as follows (in millions):

 

     Three Months Ended
March 31,
 
     2013      2012  

Net Sales:

     

Media

   $ 5,058       $ 4,710   

Electronics and other general merchandise

     10,214         7,975   

Other (1)

     798         500   
  

 

 

    

 

 

 
   $ 16,070       $ 13,185   
  

 

 

    

 

 

 

 

(1) Includes sales from non-retail activities, such as Amazon Web Services (“AWS”) in the North America segment, advertising services, and our co-branded credit card agreements in both segments.