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

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2023

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2022

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2023

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2022

Harsh Environment Solutions

 

$

887.3

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$

793.8

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$

21.5

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$

20.9

Communications Solutions

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1,279.2

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1,518.0

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12.6

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21.4

Interconnect and Sensor Systems

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1,032.7

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983.4

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4.0

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4.1

Consolidated Net sales

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$

3,199.2

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$

3,295.2

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$

38.1

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$

46.4

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Nine Months Ended September 30, 

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Harsh Environment Solutions

 

$

2,630.4

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$

2,311.9

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$

69.3

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$

56.2

Communications Solutions

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3,567.6

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4,216.5

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38.7

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61.4

Interconnect and Sensor Systems

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3,029.2

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2,855.4

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13.4

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13.5

Consolidated Net sales

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$

9,227.2

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$

9,383.8

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$

121.4

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$

131.1

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

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Three Months Ended September 30, 

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Nine Months Ended September 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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$

239.1

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$

207.1

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$

705.7

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$

596.8

Communications Solutions

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283.3

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341.6

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752.4

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927.2

Interconnect and Sensor Systems

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188.9

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185.3

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553.6

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522.8

Total segment operating income

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711.3

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734.0

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2,011.7

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2,046.8

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Corporate / Other:

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​

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Stock-based compensation expense

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(26.9)

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(23.6)

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(72.4)

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(64.2)

Acquisition-related expenses

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(9.0)

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(12.0)

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(18.4)

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(12.0)

Other operating expenses

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(17.5)

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(17.3)

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(51.3)

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(50.9)

Interest expense

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(33.6)

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(32.8)

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(104.5)

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(91.3)

Gain on bargain purchase acquisition

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—

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—

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5.4

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—

Other income (expense), net

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9.2

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2.6

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18.9

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6.6

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Income before income taxes

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$

633.5

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$

650.9

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$

1,789.4

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$

1,835.0

Schedule of depreciation and amortization expense

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Three Months Ended September 30, 

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Nine Months Ended September 30, 

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2023

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2022

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2023

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2022

Harsh Environment Solutions

 

$

20.7

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$

22.7

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$

65.0

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$

59.9

Communications Solutions

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​

46.3

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49.2

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126.1

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132.6

Interconnect and Sensor Systems

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32.1

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29.2

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94.9

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87.3

Corporate / Other

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1.9

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1.6

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5.4

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4.8

Total

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$

101.0

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$

102.7

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$

291.4

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$

284.6

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