XML 47 R23.htm IDEA: XBRL DOCUMENT v3.20.4
Segment and Geographic Information
 12 Months Ended
Dec. 31, 2020
Segment Reporting [Abstract]  
Segment and Geographic Information [Text Block] Segment and Geographic Information
The company is a global provider of products, services, and solutions to industrial and commercial users of electronic components and enterprise computing solutions. The company distributes electronic components to original equipment manufacturers and contract manufacturers through its global components business segment and provides enterprise computing solutions to value-added resellers and managed service providers through its global ECS business segment.  As a result of the company's philosophy of maximizing operating efficiencies through the centralization of certain functions, selected fixed assets and related depreciation, as well as borrowings, are not directly attributable to the individual operating segments and are included in the corporate business segment.

Sales, by segment by geographic area, are as follows:

 202020192018
Components:
Americas$6,183,119 $7,167,295 $7,816,533 
EMEA4,987,534 5,412,379 5,733,222 
Asia-Pacific9,332,034 7,671,061 7,307,096 
Global components$20,502,687 $20,250,735 $20,856,851 
ECS:
Americas$5,109,372 $5,632,025 $5,742,526 
EMEA3,061,304 3,034,087 3,077,391 
Global ECS$8,170,676 $8,666,112 $8,819,917 
Consolidated (a)$28,673,363 $28,916,847 $29,676,768 

(a)     Includes sales related to the United States of $10,162,989, $11,511,611, and $12,157,306 for 2020, 2019, and 2018, respectively.
Operating income (loss), by segment, are as follows:

202020192018
Operating income (loss): 
Global components (a)$780,333 $(10,199)$1,007,638 
Global ECS (b)353,763 426,192 427,605 
Corporate (c)(239,585)(308,297)(287,731)
Consolidated$894,511 $107,696 $1,147,512 

(a)    Global components operating income for 2019 includes restructuring, integration, and other charges of $10,778, a loss on disposition of businesses, net, of $19,384, impairments of $698,246, a non-recurring charge of $22,332 related to a subset of inventory held by its digital business, and a non-recurring charge of $18,037 related to the receivables and inventory of its financing solutions business. During 2019 the company decided to narrow its digital inventory offerings and will no longer provide notes to its components customers.

(b)    Global ECS operating income for 2020 includes reserves and other adjustments of approximately $29,858 primarily related to foreign tax and other loss contingencies. These reserves are principally associated with transactional taxes on activity from several prior years, not significant to any one year. Global ECS operating income for 2020 also includes $4,918 in impairment charges related to various long-lived assets.

(c)    Corporate operating income for the years 2020, 2019, and 2018 includes restructuring, integration, and other charges (credits) of $13,288, $79,007, and $60,361, respectively. Also included in 2019 and 2018 was a net loss on the disposition of businesses of $1,868 and $3,604, respectively. Corporate operating income for 2020 includes $2,305 of impairment charges related to various long-lived assets.


Total assets, by segment, at December 31 are as follows:

 20202019
Global components$10,509,970 $10,253,006 
Global ECS5,718,992 5,479,919 
Corporate824,949 667,871 
Consolidated$17,053,911 $16,400,796 

Long-lived asset information, by geographic area, is as follows:
 20202019
Americas (a)$652,006 $713,925 
EMEA339,652 274,656 
Asia-Pacific114,056 92,482 
Consolidated$1,105,714 $1,081,063 

(a)    Includes net long-lived assets related to the United States of $645,807 and $709,056 at December 31, 2020 and 2019, respectively.