Industry Segment Operations (Tables)

12 Months Ended

Oct. 25, 2020

Information for each reportable segment for and as of the end of each fiscal year were as follows:


	Net Sales		Operating Income (Loss)		Depreciation/ Amortization		Capital Expenditures		Accounts Receivable		Inventories

	(In millions)
2020:
Semiconductor Systems	$	11,367	$	3,714	$	219	$	226	$	2,061	$	2,139
Applied Global Services	4,155		1,127		34		30		764		1,545
Display and Adjacent Markets	1,607		291		31		29		179		195
Corporate and Other	73		(767)		92		137		(41)		25
Total	$	17,202	$	4,365	$	376	$	422	$	2,963	$	3,904
2019:
Semiconductor Systems	$	9,027	$	2,464	$	202	$	168	$	1,543	$	1,703
Applied Global Services	3,854		1,101		25		47		790		1,535
Display and Adjacent Markets	1,651		294		22		43		246		214
Corporate and Other	76		(509)		114		183		(46)		22
Total	$	14,608	$	3,350	$	363	$	441	$	2,533	$	3,474
2018:
Semiconductor Systems	$	10,577	$	3,441	$	303	$	168	$	1,597	$	2,215
Applied Global Services	3,754		1,102		21		33		630		1,243
Display and Adjacent Markets	2,298		574		20		39		142		246
Corporate and Other	76		(626)		113		382		(46)		17
Total	$	16,705	$	4,491	$	457	$	622	$	2,323	$	3,721

Disaggregation of revenue

Net sales for Semiconductor Systems by end use application for the periods indicated were as follows:


	2020		2019		2018
Foundry, logic and other	59	%	52	%	36	%
Dynamic random-access memory (DRAM)	20	%	22	%	27	%
Flash memory	21	%	26	%	37	%

	100	%	100	%	100	%

Segment reconciling items in corporate and other

The reconciling items included in Corporate and Other were as follows:


	2020		2019		2018

	(In millions)
Unallocated net sales	$	73	$	76	$	76
Unallocated cost of products sold and expenses	(533)		(322)		(444)
Share-based compensation	(307)		(263)		(258)


Total	$	(767)	$	(509)	$	(626)

Net sales and long-lived assets by geographic region

Net sales and long-lived assets by geographic region for and as of each fiscal year were as follows:


	2020		2019		2018

	(In millions)
Net sales:
United States	$	1,619	$	1,871	$	1,413
China	5,456		4,277		5,047
Korea	3,031		1,929		3,539
Taiwan	3,953		2,965		2,504
Japan	1,996		2,198		2,396
Europe	736		820		1,009
Southeast Asia	411		548		797
Total outside United States	15,583		12,737		15,292
Consolidated total	$	17,202	$	14,608	$	16,705


	October 25, 2020		October 27, 2019

	(In millions)
Long-lived assets:
United States	$	1,628	$	1,539
China	14		20
Korea	21		24
Taiwan	59		56
Japan	16		16
Europe	21		28
Southeast Asia	18		23
Total outside United States	149		167
Consolidated total	$	1,777	$	1,706

Companies accounted for at least 10 percent of Applied's net sales

The following customers accounted for at least 10 percent of Applied’s net sales in each fiscal year, which were for products and services in multiple reportable segments:


	2020		2019		2018
Samsung Electronics Co., Ltd.	18	%	*		13	%
Taiwan Semiconductor Manufacturing Company Limited	18	%	14	%	*

Intel Corporation	*		12	%	11	%

______________________________

* Less than 10%