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Reportable Business Segments and International Operations (Tables)
12 Months Ended
Dec. 31, 2018
Reportable Business Segments and International Operations  
Schedule of segment reporting information by segment

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interconnect Products

 

Cable Products

 

Total Reportable

 

 

 

and Assemblies

 

and Solutions

 

Business Segments

 

 

    

2018

    

2017

    

2016

    

2018

    

2017

    

2016

    

2018

    

2017

    

2016

 

Net sales:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

External

 

$

7,781.9

 

$

6,606.9

 

$

5,922.3

 

$

420.1

 

$

404.4

 

$

364.1

 

$

8,202.0

 

$

7,011.3

 

$

6,286.4

 

Intersegment

 

 

12.8

 

 

9.7

 

 

6.9

 

 

34.0

 

 

40.7

 

 

30.0

 

 

46.8

 

 

50.4

 

 

36.9

 

Depreciation and amortization

 

 

287.2

 

 

214.7

 

 

206.8

 

 

6.6

 

 

6.3

 

 

4.9

 

 

293.8

 

 

221.0

 

 

211.7

 

Segment operating income

 

 

1,752.5

 

 

1,475.2

 

 

1,280.3

 

 

52.6

 

 

54.2

 

 

52.8

 

 

1,805.1

 

 

1,529.4

 

 

1,333.1

 

Segment assets (excluding goodwill)

 

 

5,678.6

 

 

5,732.6

 

 

4,587.5

 

 

208.1

 

 

200.3

 

 

197.1

 

 

5,886.7

 

 

5,932.9

 

 

4,784.6

 

Capital expenditures

 

 

305.0

 

 

220.4

 

 

186.2

 

 

5.2

 

 

5.6

 

 

4.0

 

 

310.2

 

 

226.0

 

 

190.2

 

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

2018

    

2017

    

2016

 

Segment operating income

 

$

1,805.1

 

$

1,529.4

 

$

1,333.1

 

Interest expense

 

 

(101.7)

 

 

(92.3)

 

 

(72.6)

 

Other income, net

 

 

3.2

 

 

17.1

 

 

8.5

 

Stock-based compensation expense

 

 

(55.6)

 

 

(49.7)

 

 

(47.6)

 

Acquisition-related expenses

 

 

(8.5)

 

 

(4.0)

 

 

(36.6)

 

Other operating expenses

 

 

(54.1)

 

 

(48.1)

 

 

(43.7)

 

Income before income taxes

 

$

1,588.4

 

$

1,352.4

 

$

1,141.1

 

 

Schedule of the reconciliation of segment assets to consolidated total assets

 

 

 

 

 

 

 

 

 

    

2018

    

2017

 

Segment assets, excluding goodwill

 

$

5,886.7

 

$

5,932.9

 

Goodwill

 

 

4,103.2

 

 

4,042.6

 

Other assets

 

 

55.0

 

 

28.4

 

Consolidated total assets

 

$

10,044.9

 

$

10,003.9

 

 

Schedule of revenues and long-lived assets by geographical area

 

 

 

 

 

 

 

 

 

 

 

    

2018

    

2017

    

2016

Net sales

 

 

 

 

 

 

 

 

 

United States

 

$

2,241.4

 

$

1,978.4

 

$

1,740.7

China

 

 

2,594.0

 

 

2,067.3

 

 

1,865.6

Other foreign locations

 

 

3,366.6

 

 

2,965.6

 

 

2,680.1

Total

 

$

8,202.0

 

$

7,011.3

 

$

6,286.4

 

 

 

 

 

 

 

 

 

 

Property, plant and equipment, net

 

 

 

 

 

 

 

 

 

United States

 

$

225.1

 

$

212.7

 

$

209.2

China

 

 

273.8

 

 

244.7

 

 

200.1

Other foreign locations

 

 

376.9

 

 

359.4

 

 

302.1

Total

 

$

875.8

 

$

816.8

 

$

711.4

 

Schedule of disaggregation of net sales

 

 

 

 

 

 

 

 

 

 

 

 

Year ended December 31, 2018

 

 

Interconnect

 

Cable

 

 

 

 

Products and

 

Products and

 

Total Reportable

 

 

Assemblies

 

Solutions

 

Business Segments

Net sales by:

 

 

 

 

 

 

 

 

 

Sales channel:

 

 

 

 

 

 

 

 

 

End customers and contract manufacturers

 

$

6,667.9

 

$

322.3

 

$

6,990.2

Distributors and resellers

 

 

1,114.0

 

 

97.8

 

 

1,211.8

 

 

$

7,781.9

 

$

420.1

 

$

8,202.0

 

 

 

 

 

 

 

 

 

 

Geography:

 

 

 

 

 

 

 

 

 

United States

 

$

2,038.0

 

$

203.4

 

$

2,241.4

China

 

 

2,589.9

 

 

4.1

 

 

2,594.0

Other foreign locations

 

 

3,154.0

 

 

212.6

 

 

3,366.6

 

 

$

7,781.9

 

$

420.1

 

$

8,202.0