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Segment Information (Tables)
6 Months Ended
Jun. 30, 2024
Segment Reporting [Abstract]  
Information on Reportable Segments and Reconciliation to Consolidated Net Income
Information on reportable segments and reconciliation to consolidated net income is as follows (in millions):
Three Months Ended
June 30,
Six Months Ended
June 30,
2023202420232024
North America
Net sales$82,546 $90,033 $159,427 $176,374 
Operating expenses79,335 84,968 155,318 166,326 
Operating income$3,211 $5,065 $4,109 $10,048 
International
Net sales$29,697 $31,663 $58,820 $63,598 
Operating expenses30,592 31,390 60,962 62,422 
Operating income (loss)$(895)$273 $(2,142)$1,176 
AWS
Net sales$22,140 $26,281 $43,494 $51,318 
Operating expenses16,775 16,947 33,006 32,563 
Operating income$5,365 $9,334 $10,488 $18,755 
Consolidated
Net sales$134,383 $147,977 $261,741 $291,290 
Operating expenses126,702 133,305 249,286 261,311 
Operating income7,681 14,672 12,455 29,979 
Total non-operating income (expense)(118)573 (773)(1,751)
Provision for income taxes(804)(1,767)(1,752)(4,234)
Equity-method investment activity, net of tax(9)(8)(78)
Net income$6,750 $13,485 $9,922 $23,916 
Disaggregation of Revenue
Net sales by groups of similar products and services, which also have similar economic characteristics, is as follows (in millions):    
Three Months Ended
June 30,
Six Months Ended
June 30,
2023202420232024
Net Sales:
Online stores (1)$52,966 $55,392 $104,062 $110,062 
Physical stores (2)5,024 5,206 9,919 10,408 
Third-party seller services (3)32,332 36,201 62,152 70,797 
Advertising services (4)10,683 12,771 20,192 24,595 
Subscription services (5)9,894 10,866 19,551 21,588 
AWS22,140 26,281 43,494 51,318 
Other (6)1,344 1,260 2,371 2,522 
Consolidated$134,383 $147,977 $261,741 $291,290 
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(1)Includes product sales and digital media content where we record revenue gross. We leverage our retail infrastructure to offer a wide selection of consumable and durable goods that includes media products available in both a physical and digital format, such as books, videos, games, music, and software. These product sales include digital products sold on a transactional basis. Digital media content subscriptions that provide unlimited viewing or usage rights are included in “Subscription services.”
(2)Includes product sales where our customers physically select items in a store. Sales to customers who order goods online for delivery or pickup at our physical stores are included in “Online stores.”
(3)Includes commissions and any related fulfillment and shipping fees, and other third-party seller services.
(4)Includes sales of advertising services to sellers, vendors, publishers, authors, and others, through programs such as sponsored ads, display, and video advertising.
(5)Includes annual and monthly fees associated with Amazon Prime memberships, as well as digital video, audiobook, digital music, e-book, and other non-AWS subscription services.
(6)Includes sales related to various other offerings, such as health care services, certain licensing and distribution of video content, and shipping services, and our co-branded credit card agreements.