Stockholders' Equity and Noncontrolling Interests (Tables)

6 Months Ended

Jun. 30, 2023

Stockholders' Equity and Noncontrolling Interests

Rollforward of consolidated changes in equity

A rollforward of consolidated changes in equity and redeemable noncontrolling interest for the three months ended June 30, 2023 is as follows:

	Stockholders’ equity attributable to Amphenol Corporation
											Accumulated						Redeemable
	Common Stock			Treasury Stock			Additional				Other		Non-				Non-
	Shares			Shares			Paid-In		Retained		Comprehensive		controlling		Total		controlling
	(in millions)	Amount		(in millions)	Amount		Capital		Earnings		Loss		Interests (1)		Equity		Interest
Balance as of March 31, 2023	596.3	$	0.6	(1.0)	$	(69.7)	$	2,748.5	$	5,121.3	$	(492.6)	$	57.5	$	7,365.6	$	20.9
Net income										460.5				4.3		464.8		0.5
Other comprehensive income (loss)												(99.9)		(3.3)		(103.2)		—
Distributions to shareholders of noncontrolling interests														(1.3)		(1.3)
Purchase of treasury stock				(2.0)		(153.6)										(153.6)
Retirement of treasury stock	(2.0)		—	2.0		153.6				(153.6)						—
Stock options exercised	2.4		—	0.3		20.1		88.1		(8.3)						99.9
Dividends declared ($0.21 per common share)										(125.1)						(125.1)
Stock-based compensation expense								23.8								23.8
Balance as of June 30, 2023	596.7	$	0.6	(0.7)	$	(49.6)	$	2,860.4	$	5,294.8	$	(592.5)	$	57.2	$	7,570.9	$	21.4

(1) Excludes redeemable noncontrolling interest.

A rollforward of consolidated changes in equity and redeemable noncontrolling interest for the six months ended June 30, 2023 is as follows:

	Stockholders’ equity attributable to Amphenol Corporation
											Accumulated						Redeemable
	Common Stock			Treasury Stock			Additional				Other		Non-				Non-
	Shares			Shares			Paid-In		Retained		Comprehensive		controlling		Total		controlling
	(in millions)	Amount		(in millions)	Amount		Capital		Earnings		Loss		Interests (1)		Equity		Interest
Balance as of December 31, 2022	596.0	$	0.6	(1.2)	$	(79.8)	$	2,650.4	$	4,979.4	$	(535.0)	$	57.9	$	7,073.5	$	20.6
Net income										899.7				7.5		907.2		0.8
Other comprehensive income (loss)												(57.5)		(2.5)		(60.0)		—
Acquisitions resulting in noncontrolling interest														0.8		0.8
Distributions to shareholders of noncontrolling interests														(6.5)		(6.5)
Purchase of treasury stock				(4.1)		(320.5)										(320.5)
Retirement of treasury stock	(4.1)		—	4.1		320.5				(320.5)						—
Stock options exercised	4.8		—	0.5		30.2		164.5		(13.8)						180.9
Dividends declared ($0.42 per common share)										(250.0)						(250.0)
Stock-based compensation expense								45.5								45.5
Balance as of June 30, 2023	596.7	$	0.6	(0.7)	$	(49.6)	$	2,860.4	$	5,294.8	$	(592.5)	$	57.2	$	7,570.9	$	21.4

(1) Excludes redeemable noncontrolling interest.

A rollforward of consolidated changes in equity and redeemable noncontrolling interest for the three months ended June 30, 2022 is as follows:

	Stockholders’ equity attributable to Amphenol Corporation
											Accumulated						Redeemable
	Common Stock			Treasury Stock			Additional				Other		Non-				Non-
	Shares			Shares			Paid-In		Retained		Comprehensive		controlling		Total		controlling
	(in millions)	Amount		(in millions)	Amount		Capital		Earnings		Loss		Interests (1)		Equity		Interest
Balance as of March 31, 2022	598.7	$	0.6	(1.6)	$	(101.0)	$	2,438.5	$	4,391.5	$	(303.5)	$	57.9	$	6,484.0	$	19.5
Net income										472.5				3.2		475.7		0.4
Other comprehensive income (loss)												(172.4)		(3.0)		(175.4)		—
Distributions to shareholders of noncontrolling interests														(0.4)		(0.4)
Purchase of treasury stock				(2.7)		(186.0)										(186.0)
Retirement of treasury stock	(2.7)		—	2.7		186.0				(186.0)						—
Stock options exercised	0.7		—	0.2		9.0		18.4		(5.1)						22.3
Dividends declared ($0.20 per common share)										(119.1)						(119.1)
Stock-based compensation expense								20.9								20.9
Balance as of June 30, 2022	596.7	$	0.6	(1.4)	$	(92.0)	$	2,477.8	$	4,553.8	$	(475.9)	$	57.7	$	6,522.0	$	19.9

(1) Excludes redeemable noncontrolling interest.

A rollforward of consolidated changes in equity and redeemable noncontrolling interest for the six months ended June 30, 2022 is as follows:

	Stockholders’ equity attributable to Amphenol Corporation
											Accumulated						Redeemable
	Common Stock			Treasury Stock			Additional				Other		Non-				Non-
	Shares			Shares			Paid-In		Retained		Comprehensive		controlling		Total		controlling
	(in millions)	Amount		(in millions)	Amount		Capital		Earnings		Loss		Interests (1)		Equity		Interest
Balance as of December 31, 2021	600.7	$	0.6	(1.6)	$	(100.0)	$	2,409.0	$	4,278.9	$	(286.5)	$	58.1	$	6,360.1	$	19.0
Net income										898.2				6.2		904.4		0.9
Other comprehensive income (loss)												(189.4)		(3.0)		(192.4)		—
Purchase of noncontrolling interest								(0.4)						(0.1)		(0.5)
Distributions to shareholders of noncontrolling interests														(3.5)		(3.5)
Purchase of treasury stock				(5.3)		(389.9)										(389.9)
Retirement of treasury stock	(5.0)		—	5.0		368.9				(368.9)						—
Stock options exercised	1.0		—	0.5		29.0		28.6		(15.8)						41.8
Dividends declared ($0.40 per common share)										(238.6)						(238.6)
Stock-based compensation expense								40.6								40.6
Balance as of June 30, 2022	596.7	$	0.6	(1.4)	$	(92.0)	$	2,477.8	$	4,553.8	$	(475.9)	$	57.7	$	6,522.0	$	19.9

(1) Excludes redeemable noncontrolling interest.

Schedules of dividends

	Three Months Ended June 30,				Six Months Ended June 30,
	2023		2022		2023		2022
Dividends declared	$	125.1	$	119.1	$	250.0	$	238.6
Dividends paid (including those declared in the prior year)		125.0		119.5		249.9		239.3