Time Warner Cable 2014 Annual Report Download - page 116

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TIME WARNER CABLE INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)
reportable segment. As such, the reportable segment results reflect how management views such segments in assessing
financial performance and allocating resources and are not necessarily indicative of the results of operations that each
segment would have achieved had they operated as stand-alone entities during the periods presented.
In evaluating the profitability of the Company’s segments, the components of net income (loss) below OIBDA, as
defined below, are not separately evaluated by management at the segment level. Due to the nature of the Company’s
operations, a majority of its assets, including its distribution systems, are utilized across the Company’s operations and are
not segregated by segment. In addition, segment assets are not reported to, or used by, management to allocate resources
or assess the performance of the Company’s segments. Accordingly, the Company has not disclosed asset information by
segment.
Segment information for the years ended December 31, 2014, 2013 and 2012 is as follows (in millions):
Year Ended December 31, 2014
Residential
Services
Segment
Business
Services
Segment
Other
Operations
Segment
Shared
Functions
Intersegment
Eliminations
Total
Consolidated
Revenue(a) ..................... $ 18,446 $ 2,838 $ 1,772 $ — $ (244) $ 22,812
Operating costs and expenses ...... (9,823) (1,119) (985) (2,901) 244 (14,584)
Merger-related and restructuring
costs ........................ — — — (225) — (225)
OIBDA ....................... $ 8,623 $ 1,719 $ 787 $ (3,126) $ — 8,003
Depreciation ................... (3,236)
Amortization ................... (135)
Operating Income ............... $ 4,632
Year Ended December 31, 2013
Residential
Services
Segment
Business
Services
Segment
Other
Operations
Segment
Shared
Functions
Intersegment
Eliminations
Total
Consolidated
Revenue(a) ..................... $ 18,402 $ 2,312 $ 1,602 $ — $ (196) $ 22,120
Operating costs and expenses ...... (9,714) (961) (769) (2,892) 196 (14,140)
Merger-related and restructuring
costs ........................ — — — (119) — (119)
OIBDA ....................... $ 8,688 $ 1,351 $ 833 $ (3,011) $ — 7,861
Depreciation ................... (3,155)
Amortization ................... (126)
Operating Income ............... $ 4,580
108