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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

    

External

Intersegment

Three Months Ended September 30, 

2023

2022

2023

2022

Harsh Environment Solutions

 

$

887.3

$

793.8

$

21.5

$

20.9

Communications Solutions

1,279.2

1,518.0

12.6

21.4

Interconnect and Sensor Systems

1,032.7

983.4

4.0

4.1

Consolidated Net sales

$

3,199.2

$

3,295.2

$

38.1

$

46.4

Nine Months Ended September 30, 

Harsh Environment Solutions

 

$

2,630.4

$

2,311.9

$

69.3

$

56.2

Communications Solutions

3,567.6

4,216.5

38.7

61.4

Interconnect and Sensor Systems

3,029.2

2,855.4

13.4

13.5

Consolidated Net sales

$

9,227.2

$

9,383.8

$

121.4

$

131.1

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

Three Months Ended September 30, 

Nine Months Ended September 30, 

2023

2022

2023

2022

Segment operating income:

Harsh Environment Solutions

$

239.1

$

207.1

$

705.7

$

596.8

Communications Solutions

283.3

341.6

752.4

927.2

Interconnect and Sensor Systems

188.9

185.3

553.6

522.8

Total segment operating income

711.3

734.0

2,011.7

2,046.8

Corporate / Other:

Stock-based compensation expense

(26.9)

(23.6)

(72.4)

(64.2)

Acquisition-related expenses

(9.0)

(12.0)

(18.4)

(12.0)

Other operating expenses

(17.5)

(17.3)

(51.3)

(50.9)

Interest expense

(33.6)

(32.8)

(104.5)

(91.3)

Gain on bargain purchase acquisition

5.4

Other income (expense), net

9.2

2.6

18.9

6.6

Income before income taxes

$

633.5

$

650.9

$

1,789.4

$

1,835.0

Schedule of depreciation and amortization expense

    

Three Months Ended September 30, 

Nine Months Ended September 30, 

2023

2022

2023

2022

Harsh Environment Solutions

 

$

20.7

$

22.7

$

65.0

$

59.9

Communications Solutions

46.3

49.2

126.1

132.6

Interconnect and Sensor Systems

32.1

29.2

94.9

87.3

Corporate / Other

1.9

1.6

5.4

4.8

Total

$

101.0

$

102.7

$

291.4

$

284.6