Quarterly report pursuant to Section 13 or 15(d)

Segment Reporting

v3.20.2
Segment Reporting
 9 Months Ended
Sep. 26, 2020
Segment Reporting [Abstract]  
Segment Reporting Segment Reporting
Management, including the Chief Operating Decision Maker, who is the Company’s Chief Executive Officer, reviews and assesses operating performance using segment net revenue and operating income (loss). These performance measures include the allocation of expenses to the operating segments based on management’s judgment. The Company has the following two reportable segments:
•the Computing and Graphics segment, which primarily includes desktop and notebook processors and chipsets, discrete and integrated graphics processing units (GPUs), data center and professional GPUs and development services. From time to time, the Company may also sell or license portions of its IP portfolio; and

•the Enterprise, Embedded and Semi-Custom segment, which primarily includes server and embedded processors, semi-custom System-on-Chip (SoC) products, development services and technology for game consoles. From time to time, the Company may also sell or license portions of its IP portfolio.
In addition to these reportable segments, the Company has an All Other category, which is not a reportable segment. This category primarily includes certain expenses and credits that are not allocated to any of the reportable segments because management does not consider these expenses and credits in evaluating the performance of the reportable segments. This category primarily includes stock-based compensation expense.
The following table provides a summary of net revenue and operating income by segment: 
Three Months Ended Nine Months Ended
September 26,
2020		 September 28,
2019		 September 26,
2020		 September 28,
2019
(In millions)
Net revenue:
Computing and Graphics $ 1,667  $ 1,276  $ 4,472  $ 3,047 
Enterprise, Embedded and Semi-Custom 1,134  525  2,047  1,557 
Total net revenue $ 2,801  $ 1,801  $ 6,519  $ 4,604 
Operating income (loss):  
Computing and Graphics $ 384  $ 179  $ 846  $ 217 
Enterprise, Embedded and Semi-Custom 141  61  148  218 
All Other (1)
(76) (54) (195) (152)
Total operating income $ 449  $ 186  $ 799  $ 283 
(1)
For both the three months ended September 26, 2020 and September 28, 2019, all Other operating losses were related to stock-based compensation expense.

For the nine months ended September 26, 2020, All Other operating loss was related to stock-based compensation expense. All Other operating loss of $152 million for the nine months ended September 28, 2019 consisted of $140 million stock-based compensation expense and a $12 million contingent loss accrual on a legal matter.