Revenue and Segment Information (Tables)

9 Months Ended

Oct. 01, 2021

Segment Reporting [Abstract]

Revenues and Gross Profit From Reportable Segments

Revenue and gross profit for the Company’s operating and reportable segments are as follows (in millions):

	PSG		ASG		ISG		Total
For the quarter ended October 1, 2021:
Revenue from external customers	$	892.1	$	613.5	$	236.5	$	1,742.1
Gross profit	$	346.0	$	280.1	$	94.7	$	720.8
For the quarter ended October 2, 2020:
Revenue from external customers	$	647.4	$	494.6	$	175.3	$	1,317.3
Gross profit (1)	$	194.2	$	191.2	$	55.8	$	441.2
For the nine months ended October 1, 2021:
Revenue from external customers	$	2,485.7	$	1,752.6	$	655.4	$	4,893.7
Gross profit	$	906.8	$	739.2	$	236.1	$	1,882.1
For the nine months ended October 2, 2020:
Revenue from external customers	$	1,889.7	$	1,388.4	$	530.6	$	3,808.7
Gross profit (1)	$	549.2	$	500.4	$	168.6	$	1,218.2

(1)Beginning in the first quarter of 2021, the Company started including unallocated manufacturing costs as part of segment operating results to determine segment gross profit. As a result, the prior-period amounts have been reclassified to conform to current-period presentation.

Disaggregation of Revenue

Revenue for the Company's operating and reportable segments disaggregated into geographic locations based on sales billed from the respective country and sales channels are as follows (in millions):

	Quarter Ended October 1, 2021
	PSG		ASG		ISG		Total
Geographic Location
Singapore	$	285.4	$	219.3	$	39.3	$	544.0
Hong Kong	281.8		152.2		53.0		487.0
United Kingdom	145.0		86.8		41.4		273.2
United States	115.8		74.3		48.6		238.7
Other	64.1		80.9		54.2		199.2
Total	$	892.1	$	613.5	$	236.5	$	1,742.1
Sales Channel
Distributors	$	644.2	$	355.6	$	149.0	$	1,148.8
Direct Customers	247.9		257.9		87.5		593.3
Total	$	892.1	$	613.5	$	236.5	$	1,742.1
	Nine Months Ended October 1, 2021
	PSG		ASG		ISG		Total
Geographic Location
Singapore	$	833.0	$	647.8	$	105.2	$	1,586.0
Hong Kong	738.9		397.0		142.6		1,278.5
United Kingdom	435.1		254.3		129.2		818.6
United States	299.2		220.9		128.5		648.6
Other	179.5		232.6		149.9		562.0
Total	$	2,485.7	$	1,752.6	$	655.4	$	4,893.7
Sales Channel
Distributors	$	1,779.2	$	988.8	$	410.7	$	3,178.7
Direct Customers	706.5		763.8		244.7		1,715.0
Total	$	2,485.7	$	1,752.6	$	655.4	$	4,893.7

	Quarter Ended October 2, 2020
	PSG		ASG		ISG		Total
Geographic Location
Singapore	$	236.5	$	177.1	$	28.3	$	441.9
Hong Kong	187.8		103.4		43.3		334.5
United Kingdom	98.6		71.0		37.2		206.8
United States	73.0		68.4		46.2		187.6
Other	51.5		74.7		20.3		146.5
Total	$	647.4	$	494.6	$	175.3	$	1,317.3
Sales Channel
Distributors	$	436.3	$	255.8	$	87.3	$	779.4
Direct Customers	211.1		238.8		88.0		537.9
Total	$	647.4	$	494.6	$	175.3	$	1,317.3
	Nine Months Ended October 2, 2020
	PSG		ASG		ISG		Total
Geographic Location
Singapore	$	674.2	$	507.1	$	108.3	$	1,289.6
Hong Kong	570.2		291.0		112.8		974.0
United Kingdom	279.5		190.2		105.0		574.7
United States	201.9		209.2		112.8		523.9
Other	163.9		190.9		91.7		446.5
Total	$	1,889.7	$	1,388.4	$	530.6	$	3,808.7
Sales Channel
Distributors	$	1,259.5	$	700.7	$	294.5	$	2,254.7
Direct Customers	630.2		687.7		236.1		1,554.0
Total	$	1,889.7	$	1,388.4	$	530.6	$	3,808.7

Summary of Property, Plant and Equipment by Geographic Location

Property, plant and equipment, net, by geographic location, is summarized as follows (in millions):

	As of
	October 1, 2021		December 31, 2020
United States	$	709.3	$	686.6
South Korea	444.0		455.5
Philippines	352.9		386.6
China	213.6		229.6
Japan	205.0		209.3
Czech Republic	204.5		216.1
Malaysia	181.0		190.2
Other	117.5		138.4
Total	$	2,427.8	$	2,512.3