Verizon Wireless 2010 Annual Report Download - page 73

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71
Notes to Consolidated Financial Statements continued
Reconciliation to Consolidated Financial Information
A reconciliation of the segment operating revenues to consolidated operating revenues is as follows:
(dollars in millions)
2010 2009 2008
Operating Revenues
Total reportable segments $ 104,634 $ 102,776 $ 93,621
Reconciling items:
Deferred revenue adjustment (see Note 1) (235) 78 34
Impact of divested operations 2,407 5,297 4,084
Corporate, eliminations and other (241) (343) (385)
Consolidated operating revenues $ 106,565 $ 107,808 $ 97,354
A reconciliation of the total of the reportable segments’ operating income to consolidated Income before provision for income taxes is as follows:
(dollars in millions)
2010 2009 2008
Operating Income
Total segment operating income $ 19,492 $ 18,211 $ 17,050
Merger integration and acquisition costs (see Note 2) (867) (954) (174)
Access line spin-off and other charges (see Note 3) (407) (453) (103)
Severance, pension and benefit charges (see Note 12) (3,054) (1,440) (15,602)
Deferred revenue adjustment (see Note 1) (235) 78 34
Impact of divested operations (see Note 3) 755 1,769 1,197
Corporate, eliminations and other (1,039) (1,233) 210
Consolidated operating income $ 14,645 $ 15,978 $ 2,612
Equity in earnings of unconsolidated businesses 508 553 567
Other income (expense), net 54 91 283
Interest expense (2,523) (3,102) (1,819)
Income Before (Provision) Benefit for Income Taxes $ 12,684 $ 13,520 $ 1,643
Assets
Total reportable segments $ 222,712 $ 226,940
Corporate, eliminations and other (2,707) (33)
Total consolidated $ 220,005 $ 226,907
We generally account for intersegment sales of products and services and asset transfers at current market prices. No single customer accounted for
more than 10% of our total operating revenues during the years ended December 31, 2010, 2009 and 2008. International operating revenues and
long-lived assets are not significant.