Industry Segment Operations (Tables)

3 Months Ended

Jan. 30, 2022

Segment Reporting [Abstract]

Net sales and operating income (loss) for each reportable segment

Net sales and operating income (loss) for each reportable segment were as follows:

	Three Months Ended
	Net Sales		Operating Income (Loss)
	(In millions)
January 30, 2022:
Semiconductor Systems	$	4,567	$	1,771
Applied Global Services	1,320		403
Display and Adjacent Markets	366		76
Corporate and Other	18		(274)
Total	$	6,271	$	1,976
January 31, 2021:
Semiconductor Systems	$	3,553	$	1,261
Applied Global Services	1,155		332
Display and Adjacent Markets	411		65
Corporate and Other	43		(375)
Total	$	5,162	$	1,283

Revenue from external customers by geographic areas

Net sales by geographic region, determined by the location of customers’ facilities to which products were shipped to, were as follows:

	Three Months Ended
	January 30, 2022				January 31, 2021				Change
	(In millions, except percentages)
China	$	1,987	32	%	$	1,383	27	%	44	%
Korea	1,121		18	%	1,289		25	%	(13)	%
Taiwan	1,249		20	%	1,200		23	%	4	%
Japan	561		9	%	458		9	%	22	%
Southeast Asia	225		3	%	190		4	%	18	%
Asia Pacific	5,143		82	%	4,520		88	%	14	%
United States	847		14	%	343		6	%	147	%
Europe	281		4	%	299		6	%	(6)	%
Total	$	6,271	100	%	$	5,162	100	%	21	%

Disaggregation of Revenue

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

	Three Months Ended
	January 30, 2022		January 31, 2021
Foundry, logic and other	60	%	58	%
Dynamic random-access memory (DRAM)	25	%	17	%
Flash memory	15	%	25	%
	100	%	100	%

Reconciliations of total segment operating income to consolidated operating income (loss)

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

	Three Months Ended
	January 30, 2022		January 31, 2021
	(In millions)
Unallocated net sales	$	18	$	43
Unallocated cost of products sold and expenses	(178)		(167)
Share-based compensation	(118)		(107)
Severance and related charges	4		(144)
Total	$	(274)	$	(375)

Companies accounted for at least 10 percent of net sales

The following customers accounted for at least 10 percent of Applied’s net sales for the three months ended January 30, 2022, and sales to these customers included products and services from multiple reportable segments.

 

	Percentage of Net Sales
Taiwan Semiconductor Manufacturing Company Limited	15	%
Samsung Electronics Co., Ltd.	13	%
Intel Corporation	11	%