We operate our business in multiple operating segments. Google is our only reportable segment. None of our other segments meet the quantitative thresholds to qualify as reportable segments; therefore, the other operating segments are combined and disclosed as Other Bets.

•Google – Google includes our main products such as ads, Android, Chrome, hardware, Google Cloud, Google Maps, Google Play, Search, and YouTube. Our technical infrastructure is also included in Google. Google generates revenues primarily from advertising; sales of apps, in-app purchases, digital content products, and hardware; and licensing and service fees, including fees received for Google Cloud offerings and subscription-based products.

•Other Bets – Other Bets is a combination of multiple operating segments that are not individually material. Other Bets includes Access, Calico, CapitalG, GV, Verily, Waymo, and X, among others. Revenues from the Other Bets are derived primarily through the sale of internet services through Access as well as licensing and R&D services through Verily.

Revenues, cost of revenues, and operating expenses are generally directly attributed to our segments. Inter-segment revenues are not presented separately, as these amounts are immaterial. Our Chief Operating Decision Maker does not evaluate operating segments using asset information.

Information about segments during the periods presented were as follows (in millions, unaudited):


	Three Months Ended
	March 31,
	2019		2020
Revenues:
Google	$	36,032	$	40,975
Other Bets	170		135
Hedging gains (losses)	137		49
Total revenues	$	36,339	$	41,159


	Three Months Ended
	March 31,
	2019		2020
Operating income (loss):
Google	$	9,188	$	9,270
Other Bets	(868)		(1,121)
Reconciling items⁽¹⁾	(1,712)		(172)
Total income from operations	$	6,608	$	7,977

⁽¹⁾Reconciling items are generally comprised of corporate administrative costs, hedging gains (losses) and other miscellaneous items that are not allocated to individual segments. Reconciling items include the EC fine for the three months ended March 31, 2019.


	Three Months Ended
	March 31,
	2019		2020
Capital expenditures:
Google	$	4,534	$	5,663
Other Bets	59		104
Reconciling items⁽²⁾	45		238
Total capital expenditures as presented on the Consolidated Statements of Cash Flows	$	4,638	$	6,005

⁽²⁾Reconciling items are related to timing differences of payments as segment capital expenditures are on accrual basis while total capital expenditures shown on the Consolidated Statements of Cash Flow are on cash basis and other miscellaneous differences.

Stock-based compensation and depreciation, amortization, and impairment are included in segment operating income (loss) as shown below (in millions, unaudited):


	Three Months Ended
	March 31,
	2019		2020
Stock-based compensation:
Google	$	2,612	$	2,988
Other Bets	123		135
Reconciling items⁽³⁾	34		67
Total stock-based compensation⁽⁴⁾	$	2,769	$	3,190

Depreciation, amortization, and impairment:
Google	$	2,529	$	3,013
Other Bets	84		92

Reconciling items⁽³⁾	0		3
Total depreciation, amortization, and impairment	$	2,613	$	3,108

⁽³⁾Reconciling items relate to corporate administrative and other costs that are not allocated to individual segments.

⁽⁴⁾For purposes of segment reporting, SBC represents awards that we expect to settle in Alphabet stock.


	As of December 31, 2019		As of March 31, 2020
			(unaudited)
Long-lived assets:
United States	$	94,907	$	96,216
International	28,424		30,169
Total long-lived assets	$	123,331	$	126,385