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Reportable Business Segments (Tables)
6 Months Ended
Jun. 30, 2020
Reportable Business Segments  
Schedule of segment reporting information by segment

Interconnect Products

Cable Products

 

and Assemblies

and Solutions

Corporate / Other (1)

Total Consolidated

 

Three Months Ended June 30:

    

2020

   

2019

    

2020

   

2019

    

2020

   

2019

    

2020

   

2019

 

Net sales:

External

 

$

1,898.5

 

$

1,925.6

 

$

89.0

 

$

89.7

 

$

 

$

 

$

1,987.5

 

$

2,015.3

Intersegment

 

12.5

 

8.1

 

8.9

 

13.4

 

 

 

21.4

 

21.5

Segment operating income

 

379.5

 

428.4

 

8.4

 

8.7

 

 

 

387.9

 

437.1

Six Months Ended June 30:

Net sales:

External

 

$

3,677.5

 

$

3,788.3

 

$

172.0

 

$

185.5

 

$

 

$

 

$

3,849.5

 

$

3,973.8

Intersegment

 

21.0

 

11.0

 

17.7

 

29.1

 

 

 

38.7

 

40.1

Segment operating income

 

719.2

 

838.5

 

14.8

 

19.1

 

 

 

734.0

 

857.6

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

Three Months Ended June 30, 

Six Months Ended June 30, 

    

2020

    

2019

    

2020

    

2019

 

Segment operating income

$

387.9

$

437.1

$

734.0

$

857.6

Stock-based compensation expense

 

(16.6)

 

(15.4)

 

(32.0)

 

(29.8)

Acquisition-related expenses

 

 

(8.9)

 

(25.4)

Other operating expenses

 

(13.9)

 

(13.3)

 

(27.7)

 

(26.7)

Interest expense

 

(30.2)

 

(30.0)

 

(59.0)

 

(59.7)

Other income, net

 

1.3

 

0.1

 

2.4

 

3.1

Income before income taxes

$

328.5

$

369.6

$

617.7

$

719.1