Amazon.com 2015 Annual Report Download - page 78

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68
Information on reportable segments and reconciliation to consolidated net income (loss) is as follows (in millions):
Year Ended December 31,
2015 2014 2013
North America
Net sales $ 63,708 $ 50,834 $ 41,410
Segment operating expenses (1) 60,957 49,542 40,244
Segment operating income (loss) $ 2,751 $ 1,292 $ 1,166
International
Net sales $ 35,418 $ 33,510 $ 29,934
Segment operating expenses (1) 35,509 33,654 29,780
Segment operating income (loss) $ (91) $ (144) $ 154
AWS
Net sales $ 7,880 $ 4,644 $ 3,108
Segment operating expenses (1) 6,017 3,984 2,435
Segment operating income (loss) $ 1,863 $ 660 $ 673
Consolidated
Net sales $ 107,006 $ 88,988 $ 74,452
Segment operating expenses (1) 102,483 87,180 72,459
Segment operating income (loss) 4,523 1,808 1,993
Stock-based compensation (2,119) (1,497) (1,134)
Other operating income (expense), net (171) (133) (114)
Income from operations 2,233 178 745
Total non-operating income (expense) (665) (289) (239)
Provision for income taxes (950) (167) (161)
Equity-method investment activity, net of tax (22) 37 (71)
Net income (loss) $ 596 $ (241) $ 274
___________________
(1) Excludes stock-based compensation and “Other operating expense (income), net,” which are not allocated to segments.
We have aggregated our products and services into groups of similar products and services and provided the
supplemental disclosure of net sales (in millions) below. We evaluate whether additional disclosure is appropriate when a
product or service category begins to approach a significant level of net sales. For the periods presented, no individual product
or service represented more than 10% of net sales.
Year Ended December 31,
2015 2014 2013
Net Sales:
Media $ 22,509 $ 22,505 $ 21,716
Electronics and other general merchandise 75,597 60,886 48,802
AWS 7,880 4,644 3,108
Other (1) 1,020 953 826
$107,006
$ 88,988 $ 74,452
___________________
(1) Includes sales from non-retail activities, such as certain advertising services, and our co-branded credit card agreements.