The Company operates and tracks its results in one reportable segment based on the aggregation of eight operating segments. The Company designs, develops, manufactures and markets a broad range of integrated circuits (ICs). The Chief Executive Officer has been identified as the Company's Chief Operating Decision Maker. The Company has determined that all of the Company's operating segments share the following similar economic characteristics, and therefore meet the criteria established for operating segments to be aggregated into one reportable segment, namely:

•The ICs sold by each of the Company's operating segments are manufactured using similar semiconductor manufacturing processes and raw materials in either the Company’s own production facilities or by third-party wafer fabricators using proprietary processes.

•The Company sells its products to tens of thousands of customers worldwide. Many of these customers use products spanning all operating segments in a wide range of applications.

•The ICs marketed by each of the Company's operating segments are sold globally through a direct sales force, third-party distributors, independent sales representatives and via our website to the same types of customers.

All of the Company's operating segments share a similar long-term financial model as they have similar economic characteristics. The causes for variation in operating and financial performance are the same among the Company's operating segments and include factors such as (i) life cycle and price and cost fluctuations, (ii) number of competitors, (iii) product differentiation and (iv) size of market opportunity. Additionally, each operating segment is subject to the overall cyclical nature of the semiconductor industry. Lastly, the number and composition of employees and the amounts and types of tools and materials required for production of products are proportionally similar for each operating segment.

The following table summarizes revenue by end market. The categorization of revenue by end market is determined using a variety of data points including the technical characteristics of the product, the “sold to” customer information, the "ship to" customer information and the end customer product or application into which the Company’s product will be incorporated. As data systems for capturing and tracking this data and the Company's methodology evolves and improves, the categorization of products by end market can vary over time. When this occurs, the Company reclassifies revenue by end market for prior periods. Such reclassifications typically do not materially change the sizing of, or the underlying trends of results within each end market.


	2019						2018 (1)						2017 (1)
	Revenue		% of Total Revenue (2)		Revenue		% of Total Revenue (2)		Revenue		% of Total Revenue (2)
Industrial	$	3,003,927	50	%	$	3,129,569	50	%	$	2,324,686	44	%
Communications	1,284,087		21	%	1,151,359		18	%	908,594		17	%
Automotive	933,143		16	%	1,009,927		16	%	758,115		14	%
Consumer	769,908		13	%	933,834		15	%	1,254,959		24	%
Total Revenue	$	5,991,065	100	%	$	6,224,689	100	%	$	5,246,354	100	%

(1)Balances have been restated to reflect the adoption of ASU 2014-09. See Note 2a, Principles of Consolidation, in the Notes to Consolidated Financial Statements.

The following tables summarize revenue by channel. The Company sells its products globally through a direct sales force, third party distributors, independent sales representatives and via its website. Distributors are customers that buy products with the intention of reselling them. Direct customers are non-distributor customers and consist primarily of original equipment manufacturers (OEMs). Other customers include the U.S. government, government prime contractors and some commercial customers.


	2019						2018 (1)						2017 (1)
	Revenue		% of Total Revenue (2)		Revenue		% of Total Revenue (2)		Revenue		% of Total Revenue (2)
Distributors	$	3,409,161	57	%	$	3,424,145	55	%	$	2,749,335	52	%
Direct customers	2,506,065		42	%	2,721,885		44	%	2,424,514		46	%
Other	75,839		1	%	78,659		1	%	72,505		1	%
Total Revenue	$	5,991,065	100	%	$	6,224,689	100	%	$	5,246,354	100	%

(1)Balances have been restated to reflect the adoption of ASU 2014-09. See Note 2a, Principles of Consolidation, in the Notes to Consolidated Financial Statements.

Geographic revenue information for fiscal 2019, fiscal 2018 and fiscal 2017 reflects the geographic location of the distributors or OEMs who purchased the Company's products. This may differ from the geographic location of the end customers. In all periods presented, the predominant countries comprising “Rest of North and South America” are Canada and Mexico; the predominant countries comprising “Europe” are Germany, Sweden, and the Netherlands; and the predominant countries comprising “Rest of Asia” are Taiwan, Malaysia, South Korea and Singapore.


	2019		2018		2017
Revenue (1)
United States	$	2,020,886	$	2,277,084	$	2,110,545
Rest of North and South America	55,059		46,276		48,620
Europe	1,374,673		1,405,686		1,164,725
Japan	657,632		714,846		586,521
China	1,316,275		1,215,949		898,645
Rest of Asia	566,540		564,848		437,298
Subtotal all foreign countries	3,970,179		3,947,605		3,135,809
Total revenue	$	5,991,065	$	6,224,689	$	5,246,354
Property, plant and equipment
United States	$	592,591	$	505,646	$	504,968
Ireland	184,791		202,611		188,728
Philippines	247,823		260,355		228,629
Singapore	88,385		80,383		77,015
Malaysia	56,292		57,514		71,756
All other countries	50,107		47,819		36,208
Subtotal all foreign countries	627,398		648,682		602,336
Total property, plant and equipment	$	1,219,989	$	1,154,328	$	1,107,304

(1)Balances for fiscal 2018 and fiscal 2017 have been restated to reflect the adoption of ASU 2014-09. See Note 2a, Principles of Consolidation, in the Notes to Consolidated Financial Statements.