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Reportable Business Segments (Tables)
9 Months Ended
Sep. 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 September 30:

    

2020

   

2019

    

2020

   

2019

    

2020

   

2019

    

2020

   

2019

 

Net sales:

External

 

$

2,221.9

 

$

2,000.8

 

$

101.5

 

$

99.8

 

$

 

$

 

$

2,323.4

 

$

2,100.6

Intersegment

 

18.4

 

11.9

 

9.6

 

11.7

 

 

 

28.0

 

23.6

Segment operating income

 

498.4

 

433.9

 

10.9

 

10.2

 

 

 

509.3

 

444.1

Nine Months Ended September 30:

Net sales:

External

 

$

5,899.4

 

$

5,789.0

 

$

273.5

 

$

285.4

 

$

 

$

 

$

6,172.9

 

$

6,074.4

Intersegment

 

39.4

 

22.9

 

27.3

 

40.8

 

 

 

66.7

 

63.7

Segment operating income

 

1,217.6

 

1,272.4

 

25.7

 

29.3

 

 

 

1,243.3

 

1,301.7

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

Three Months Ended September 30, 

Nine Months Ended September 30, 

    

2020

    

2019

    

2020

    

2019

 

Segment operating income

$

509.3

$

444.1

$

1,243.3

$

1,301.7

Stock-based compensation expense

 

(19.0)

 

(16.6)

 

(51.0)

 

(46.4)

Acquisition-related expenses

 

 

 

(25.4)

Other operating expenses

 

(14.5)

 

(13.9)

 

(42.2)

 

(40.5)

Interest expense

 

(28.0)

 

(29.7)

 

(87.1)

 

(89.5)

Loss on early extinguishment of debt

(14.3)

(14.3)

Other income, net

 

1.0

 

4.5

 

3.4

 

7.6

Income before income taxes

$

448.8

$

374.1

$

1,066.4

$

1,093.2