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The following table shows information by reportable operating segment for 2015, 2014 and 2013 (in millions):
2015 2014 2013
Americas:
Net sales $ 93,864 $ 80,095 $ 77,093
Operating income $ 31,186 $ 26,158 $ 24,829
Europe:
Net sales $ 50,337 $ 44,285 $ 40,980
Operating income $ 16,527 $ 14,434 $ 12,767
Greater China:
Net sales $ 58,715 $ 31,853 $ 27,016
Operating income $ 23,002 $ 11,039 $ 8,499
Japan:
Net sales $ 15,706 $ 15,314 $ 13,782
Operating income $ 7,617 $ 6,904 $ 6,668
Rest of Asia Pacific:
Net sales $ 15,093 $ 11,248 $ 12,039
Operating income $ 5,518 $ 3,674 $ 3,762
A reconciliation of the Company’s segment operating income to the Consolidated Statements of Operations for 2015, 2014 and 2013 is
as follows (in millions):
2015 2014 2013
Segment operating income $ 83,850 $ 62,209 $ 56,525
Research and development expense (8,067) (6,041) (4,475)
Other corporate expenses, net (4,553) (3,665) (3,051)
Total operating income $ 71,230 $ 52,503 $ 48,999
The U.S. and China were the only countries that accounted for more than 10% of the Company’s net sales in 2015, 2014 and 2013.
There was no single customer that accounted for more than 10% of net sales in 2015, 2014 or 2013. Net sales for 2015, 2014 and 2013
and long-lived assets as of September 26, 2015 and September 27, 2014 are as follows (in millions):
2015 2014 2013
Net sales:
U.S. $ 81,732 $ 68,909 $ 66,197
China (1) 56,547 30,638 25,946
Other countries 95,436 83,248 78,767
Total net sales $ 233,715 $ 182,795 $ 170,910
2015 2014
Long-lived assets:
U.S. $ 12,022 $ 9,108
China (1) 8,722 9,477
Other countries 3,040 2,917
Total long-lived assets $ 23,784 $ 21,502
(1) China includes Hong Kong. Long-lived assets located in China consist primarily of product tooling and manufacturing process
equipment and assets related to retail stores and related infrastructure.
Apple Inc. | 2015 Form 10-K | 67