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Reportable Business Segments (Tables)
9 Months Ended
Sep. 30, 2015
Reportable Business Segments  
Schedule of segment reporting information by segment

 

The segment results for the three months ended September 30, 2015 and 2014 are as follows:

 

 

 

Interconnect Products
and Assemblies

 

Cable Products
and Solutions

 

Total

 

 

 

Three months ended September 30,

 

 

 

2015

 

2014

 

2015

 

2014

 

2015

 

2014

 

Net sales:

 

 

 

 

 

 

 

 

 

 

 

 

 

External

 

$

1,378.2 

 

$

1,268.6 

 

$

81.4 

 

$

90.1 

 

$

1,459.6 

 

$

1,358.7 

 

Intersegment

 

1.5 

 

2.2 

 

5.6 

 

1.3 

 

7.1 

 

3.5 

 

Segment operating income

 

307.4 

 

279.8 

 

10.2 

 

11.3 

 

317.6 

 

291.1 

 

 

The segment results for the nine months ended September 30, 2015 and 2014 are as follows:

 

 

 

Interconnect Products
and Assemblies

 

Cable Products
and Solutions

 

Total

 

 

 

Nine months ended September 30,

 

 

 

2015

 

2014

 

2015

 

2014

 

2015

 

2014

 

Net sales:

 

 

 

 

 

 

 

 

 

 

 

 

 

External

 

$

3,889.5 

 

$

3,650.1 

 

$

248.7 

 

$

268.9 

 

$

4,138.2 

 

$

3,919.0 

 

Intersegment

 

5.6 

 

4.9 

 

15.7 

 

13.0 

 

21.3 

 

17.9 

 

Segment operating income

 

856.3 

 

786.8 

 

30.2 

 

33.6 

 

886.5 

 

820.4 

 

 

Schedule of the reconciliation of segment operating income to consolidated income before income taxes

 

 

 

Three months ended
September 30,

 

Nine months ended
September 30,

 

 

 

2015

 

2014

 

2015

 

2014

 

Segment operating income

 

$

317.6

 

$

291.1

 

$

886.5

 

$

820.4

 

Interest expense

 

(17.0

)

(21.1

)

(51.1

)

(60.2

)

Interest income

 

4.9

 

5.3

 

14.3

 

14.6

 

Stock-based compensation expense

 

(11.8

)

(10.1

)

(32.1

)

(29.4

)

Acquisition-related expenses

 

 

(2.5

)

(5.7

)

(4.6

)

Other costs, net

 

(11.7

)

(11.2

)

(34.8

)

(32.2

)

 

 

 

 

 

 

 

 

 

 

Income before income taxes

 

$

282.0

 

$

251.5

 

$

777.1

 

$

708.6