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Reportable Business Segments (Tables)
6 Months Ended
Jun. 30, 2023
Reportable Business Segments  
Schedule of net sales, both external and intersegment, by segment

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External

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Intersegment

Three Months Ended June 30, 

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2023

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2022

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2023

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2022

Harsh Environment Solutions

 

$

888.9

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$

790.4

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$

24.0

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$

19.8

Communications Solutions

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1,161.6

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1,378.5

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12.1

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20.8

Interconnect and Sensor Systems

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1,003.4

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967.9

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4.3

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4.3

Consolidated Net sales

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$

3,053.9

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$

3,136.8

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$

40.4

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$

44.9

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Six Months Ended June 30, 

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Harsh Environment Solutions

 

$

1,743.1

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$

1,518.0

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$

47.8

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$

35.3

Communications Solutions

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2,288.4

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2,698.6

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26.0

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40.1

Interconnect and Sensor Systems

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1,996.5

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1,872.0

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9.4

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9.4

Consolidated Net sales

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$

6,028.0

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$

6,088.6

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$

83.2

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$

84.8

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

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Three Months Ended June 30, 

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Six Months Ended June 30, 

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2023

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2022

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2023

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2022

Segment operating income:

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Harsh Environment Solutions

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$

240.3

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$

206.5

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$

466.6

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$

389.7

Communications Solutions

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238.5

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303.0

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469.1

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585.6

Interconnect and Sensor Systems

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185.9

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177.5

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364.7

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337.5

Total segment operating income

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664.7

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687.0

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1,300.4

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1,312.8

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Corporate / Other:

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Stock-based compensation expense

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(23.8)

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(20.9)

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(45.5)

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(40.6)

Acquisition-related expenses

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(4.0)

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—

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(9.4)

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—

Other operating expenses

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(17.0)

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(17.3)

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(33.9)

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(33.6)

Interest expense

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(35.0)

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(30.5)

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(71.0)

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(58.6)

Gain on bargain purchase acquisition

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5.4

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—

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5.4

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—

Other income (expense), net

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5.6

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2.3

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9.8

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4.0

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Income before income taxes

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$

595.9

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$

620.6

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$

1,155.8

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$

1,184.0

Schedule of depreciation and amortization expense

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Three Months Ended June 30, 

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Six Months Ended June 30, 

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2023

​

2022

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2023

​

2022

Harsh Environment Solutions

 

$

19.8

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$

18.8

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$

44.3

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$

37.2

Communications Solutions

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40.6

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41.4

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79.8

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83.4

Interconnect and Sensor Systems

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31.8

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28.9

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62.8

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58.1

Corporate / Other

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1.9

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1.7

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3.5

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3.3

Total

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$

94.1

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$

90.8

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$

190.4

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$

182.0