A reconciliation of the total of the reportable segments’ operating income to consolidated Income before (provision) benefit for income taxes is as follows:
| (dollars in millions) | ||||||||||||
| Years Ended December 31, | 2013 | 2012 | 2011 | |||||||||
|
Operating Income |
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|
Total segment operating income |
$ | 26,370 | $ | 21,828 | $ | 19,486 | ||||||
|
Severance, pension and benefit credits (charges) (Note 11) |
6,232 | (7,186 | ) | (5,954 | ) | |||||||
|
Gain on spectrum license transaction (Note 2) |
278 | – | – | |||||||||
|
Litigation settlements (Note 16) |
– | (384 | ) | – | ||||||||
|
Other costs (Note 8) |
– | (276 | ) | – | ||||||||
|
Corporate, eliminations and other |
(912 | ) | (822 | ) | (652 | ) | ||||||
|
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|
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|
Consolidated operating income |
31,968 | 13,160 | 12,880 | |||||||||
|
Equity in earnings of unconsolidated businesses |
142 | 324 | 444 | |||||||||
|
Other income and (expense), net |
(166 | ) | (1,016 | ) | (14 | ) | ||||||
|
Interest expense |
(2,667 | ) | (2,571 | ) | (2,827 | ) | ||||||
|
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|
Income Before (Provision) Benefit for Income Taxes |
$ | 29,277 | $ | 9,897 | $ | 10,483 | ||||||
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