Segment and Geographic Information

12 Months Ended

Dec. 31, 2021

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:

	2021		2020		2019
Components:
Americas	$	7,827,866	$	6,183,119	$	7,167,295
EMEA	6,248,846		4,987,534		5,412,379
Asia/Pacific	12,280,805		9,332,034		7,671,061
Global components	$	26,357,517	$	20,502,687	$	20,250,735
ECS:
Americas	$	4,878,954	$	5,109,372	$	5,632,025
EMEA	3,240,547		3,061,304		3,034,087
Global ECS	$	8,119,501	$	8,170,676	$	8,666,112
Consolidated	$	34,477,018	$	28,673,363	$	28,916,847

The company operates in more than 90 countries worldwide. Sales to unaffiliated customers are based on the company location that maintains the customer relationship and transacts the external sale. The following tables set forth sales information where individual countries represent a material portion of the total:

	2021		2020		2019
Sales:
China and Hong Kong	$	7,249,611	$	5,846,907	$	4,721,972
Germany	4,007,381		4,390,782		4,631,718
Other	11,603,832		8,272,685		8,051,546
Total foreign	$	22,860,824	$	18,510,374	$	17,405,236
United States	11,616,194		10,162,989		11,511,611
Total	$	34,477,018	$	28,673,363	$	28,916,847

Operating income (loss), by segment, are as follows:

	2021		2020		2019
Operating income (loss):
Global components (a)	$	1,432,187	$	780,333	$	(10,199)
Global ECS (b)	390,103		353,763		426,192
Corporate (c)	(265,468)		(239,585)		(308,297)
Consolidated	$	1,556,822	$	894,511	$	107,696

(a)    Global components operating income includes $12,477 and $2,369 related to proceeds from legal settlements for 2021 and 2020, respectively, (refer to Note 15) and $4,482 in impairment charges related to various long-lived assets for 2021. 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.

(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 2021, 2020, and 2019 includes restructuring, integration, and other charges (credits) of $10,911, $13,288, and $79,007, respectively. Also included in 2019 was a net loss on the disposition of businesses of $1,868. 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:

	2021		2020
Total assets:
Global components	$	12,953,154	$	10,509,970
Global ECS	5,953,525		5,718,992
Corporate	628,861		824,949
Consolidated	$	19,535,540	$	17,053,911

The following tables set forth long-lived asset information where individual countries represent a material portion of the total:

	2021		2020
Long-lived assets:
Netherlands	$	99,752	$	132,544
Other	294,287		327,363
Total foreign	$	394,039	$	459,907
United States	556,775		645,807
Total	$	950,814	$	1,105,714