Quarterly report pursuant to Section 13 or 15(d)

Segment Reporting

v3.22.1
Segment Reporting
 3 Months Ended
Mar. 26, 2022
Segment Reporting [Abstract]  
Segment Reporting Segment Reporting
Management, including the Chief Operating Decision Maker (CODM), 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. During the three months ended March 26, 2022, the Company added Xilinx as a separate operating segment, consistent with the revised manner in which the Company’s CODM assesses the company’s financial performance and allocates resources.
The Company’s three operating segments are:
•the Computing and Graphics (CG) segment, which primarily includes desktop and notebook microprocessors, accelerated processing units that integrate microprocessors and graphics, chipsets, discrete GPUs, data center and professional GPUs and development services.
•the Enterprise, Embedded and Semi-Custom (EESC) segment, which primarily includes server and embedded processors, semi-custom SoC products, development services and technology for game consoles.
•the Xilinx segment, which primarily includes FPGAs, adaptive SoC products, and ACAP products.
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 amortization of acquisition-related intangibles, employee stock-based compensation expense and acquisition-related costs.
The following table provides a summary of net revenue and operating income by segment: 
Three Months Ended
March 26,
2022		 March 27,
2021
(In millions)
Net revenue:
Computing and Graphics $ 2,802  $ 2,100 
Enterprise, Embedded and Semi-Custom 2,526  1,345 
Xilinx 559  $ — 
Total net revenue $ 5,887  $ 3,445 
Operating income (loss):  
Computing and Graphics $ 723  $ 485 
Enterprise, Embedded and Semi-Custom 881  277 
Xilinx 233  — 
All Other (1)
(886) (100)
Total operating income $ 951  $ 662 
(1)
For the three months ended March 26, 2022, all other operating losses included $479 million of amortization of acquisition-related intangibles, $199 million of stock-based compensation expense and $208 million of acquisition-related costs.
For the three months ended March 27, 2021, all other operating losses included $85 million of stock-based compensation expense and $15 million of acquisition-related costs.