SALES (Tables)

9 Months Ended

Sep. 29, 2023

Our contract liabilities consisted of the following ($ in millions):


	September 29, 2023		December 31, 2022
Deferred revenue - current	$	513.5	$	509.6
Deferred revenue - noncurrent	41.1		38.0
Total contract liabilities	$	554.6	$	547.6

The aggregate remaining performance obligations attributable to each of our segments is as follows ($ in millions):


	September 29, 2023
Intelligent Operating Solutions	$	564.3
Precision Technologies	57.5
Advanced Healthcare Solutions	77.8
Total remaining performance obligations	$	699.6

Disaggregation of revenue for the three-month period ended September 29, 2023 is presented as follows ($ in millions):


	Total		Intelligent Operating Solutions		Precision Technologies		Advanced Healthcare Solutions
Sales:
Sales of products and software	$	1,258.9	$	538.4	$	471.6	$	248.9
Sales of services	235.6		105.9		59.0		70.7
Total	$	1,494.5	$	644.3	$	530.6	$	319.6

Geographic:
United States	$	833.7	$	366.1	$	289.0	$	178.6
China	162.1		52.5		82.2		27.4
All other (each country individually less than 5% of total sales)	498.7		225.7		159.4		113.6
Total	$	1,494.5	$	644.3	$	530.6	$	319.6

End markets:(a)
Direct sales:
Healthcare	$	353.3	$	10.9	$	35.1	$	307.3
Industrial & Manufacturing	340.1		226.3		109.8		4.0
Utilities & Power	105.3		46.5		58.8		—
Government	145.5		73.2		64.0		8.3
Communications, Electronics & Semiconductor	101.1		24.7		76.4		—
Aerospace & Defense	74.9		0.1		74.8		—
Oil & Gas	70.6		68.3		2.3		—
Retail & Consumer	82.4		64.8		17.6		—
Other	167.3		96.9		70.4		—
Total direct sales	1,440.5		611.7		509.2		319.6
Distributors	54.0		32.6		21.4		—
Total	$	1,494.5	$	644.3	$	530.6	$	319.6

(a) Direct sales by end market include sales made through third-party distributors where we have visibility into the end customer.

Disaggregation of revenue for the three-month period ended September 30, 2022 is presented as follows ($ in millions):


	Total		Intelligent Operating Solutions		Precision Technologies		Advanced Healthcare Solutions
Sales:
Sales of products and software	$	1,227.7	$	519.2	$	467.3	$	241.2
Sales of services	228.3		94.5		56.4		77.4
Total	$	1,456.0	$	613.7	$	523.7	$	318.6

Geographic:
United States	$	799.0	$	342.0	$	267.8	$	189.2
China	186.0		56.6		102.6		26.8
All other (each country individually less than 5% of total sales)	471.0		215.1		153.3		102.6
Total	$	1,456.0	$	613.7	$	523.7	$	318.6

End markets:(a)
Direct sales:
Healthcare	$	354.1	$	11.1	$	42.1	$	300.9
Industrial & Manufacturing	334.5		217.6		111.3		5.6
Utilities & Power	93.1		45.5		47.6		—
Government	122.7		65.5		48.7		8.5
Communications, Electronics & Semiconductor	111.3		24.5		86.4		0.4
Aerospace & Defense	66.9		0.1		66.8		—
Oil & Gas	66.4		65.3		1.1		—
Retail & Consumer	83.9		61.7		22.2		—
Other	166.3		91.2		75.1		—
Total direct sales	1,399.2		582.5		501.3		315.4
Distributors	56.8		31.2		22.4		3.2
Total	$	1,456.0	$	613.7	$	523.7	$	318.6

(a) Direct sales by end market include sales made through third-party distributors where we have visibility into the end customer.

Disaggregation of revenue for the nine-month period ended September 29, 2023 is presented as follows ($ in millions):


	Total		Intelligent Operating Solutions		Precision Technologies		Advanced Healthcare Solutions
Sales:
Sales of products and software	$	3,786.3	$	1,622.2	$	1,412.9	$	751.2
Sales of services	695.3		307.3		170.6		217.4
Total	$	4,481.6	$	1,929.5	$	1,583.5	$	968.6

Geographic:
United States	$	2,433.0	$	1,068.2	$	813.5	$	551.3
China	522.4		176.0		268.5		77.9
All other (each country individually less than 5% of total sales)	1,526.2		685.3		501.5		339.4
Total	$	4,481.6	$	1,929.5	$	1,583.5	$	968.6

End markets:(a)
Direct sales:
Healthcare	$	1,052.3	$	33.4	$	104.9	$	914.0
Industrial & Manufacturing	1,051.1		687.2		345.8		18.1
Utilities & Power	308.8		140.1		168.7		—
Government	389.5		212.2		151.9		25.4
Communications, Electronics & Semiconductor	304.4		73.6		229.4		1.4
Aerospace & Defense	218.8		0.4		218.4		—
Oil & Gas	212.5		201.8		10.7		—
Retail & Consumer	249.7		189.2		60.5		—
Other	519.0		292.0		227.0		—
Total direct sales	4,306.1		1,829.9		1,517.3		958.9
Distributors	175.5		99.6		66.2		9.7
Total	$	4,481.6	$	1,929.5	$	1,583.5	$	968.6

(a) Direct sales by end market include sales made through third-party distributors where we have visibility into the end customer.

Disaggregation of revenue for the nine-month period ended September 30, 2022 is presented as follows ($ in millions):


	Total		Intelligent Operating Solutions		Precision Technologies		Advanced Healthcare Solutions
Sales:
Sales of products and software	$	3,609.8	$	1,553.9	$	1,322.6	$	733.3
Sales of services	686		277.5		162.6		245.9
Total	$	4,295.8	$	1,831.4	$	1,485.2	$	979.2

Geographic:
United States	$	2,317.9	$	1,005.0	$	751.4	$	561.5
China	514.1		160.6		273.5		80.0
All other (each country individually less than 5% of total sales)	1,463.8		665.8		460.3		337.7
Total	$	4,295.8	$	1,831.4	$	1,485.2	$	979.2

End markets:(a)
Direct sales:
Healthcare	$	1,077.2	$	34.6	$	120.5	$	922.1
Industrial & Manufacturing	998.3		656.1		322.7		19.5
Utilities & Power	273.4		136.4		137.0		—
Government	338.5		177.6		134.8		26.1
Communications, Electronics & Semiconductor	301.2		74.6		225.2		1.4
Aerospace & Defense	187.0		0.4		186.6		—
Oil & Gas	199.8		193.4		6.4		—
Retail & Consumer	249.5		186.0		63.5		—
Other	478.7		268.8		209.8		0.1
Total direct sales	4,103.6		1,727.9		1,406.5		969.2
Distributors	192.2		103.5		78.7		10.0
Total	$	4,295.8	$	1,831.4	$	1,485.2	$	979.2

(a) Direct sales by end market include sales made through third-party distributors where we have visibility into the end customer.