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Reportable Business Segments (Tables)
6 Months Ended
Jun. 30, 2024
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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2024

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2023

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2024

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2023

Harsh Environment Solutions

 

$

1,046.0

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$

888.9

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$

21.9

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$

24.0

Communications Solutions

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​

1,444.6

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1,161.6

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13.4

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12.1

Interconnect and Sensor Systems

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1,119.1

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1,003.4

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6.4

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4.3

Consolidated Net sales

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$

3,609.7

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$

3,053.9

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$

41.7

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$

40.4

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Six Months Ended June 30, 

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Harsh Environment Solutions

 

$

1,962.0

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$

1,743.1

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$

41.5

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$

47.8

Communications Solutions

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2,710.3

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2,288.4

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24.6

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26.0

Interconnect and Sensor Systems

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2,193.7

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1,996.5

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11.4

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9.4

Consolidated Net sales

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$

6,866.0

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$

6,028.0

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$

77.5

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$

83.2

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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2024

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2023

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2024

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2023

Segment operating income:

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Harsh Environment Solutions

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$

259.6

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$

240.3

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$

504.1

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$

466.6

Communications Solutions

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350.6

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238.5

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636.8

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469.1

Interconnect and Sensor Systems

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203.3

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185.9

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398.7

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364.7

Total segment operating income

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813.5

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664.7

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1,539.6

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1,300.4

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Corporate / Other:

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​

​

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​

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​

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​

​

​

​

Stock-based compensation expense

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(26.6)

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(23.8)

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(50.4)

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(45.5)

Acquisition-related expenses

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(70.0)

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(4.0)

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(70.0)

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(9.4)

Other operating expenses

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(18.1)

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(17.0)

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(35.5)

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(33.9)

Interest expense

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(56.3)

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(35.0)

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(94.4)

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(71.0)

Gain on bargain purchase acquisition

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—

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5.4

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—

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5.4

Other income (expense), net

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21.3

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5.6

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37.3

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9.8

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Income before income taxes

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$

663.8

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$

595.9

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$

1,326.6

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$

1,155.8

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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2024

​

2023

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2024

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2023

Harsh Environment Solutions

 

$

46.0

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$

19.8

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$

68.7

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$

44.3

Communications Solutions

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​

41.2

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40.6

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86.3

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79.8

Interconnect and Sensor Systems

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​

34.0

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31.8

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67.9

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62.8

Corporate / Other

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2.4

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1.9

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4.5

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3.5

Total

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$

123.6

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$

94.1

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$

227.4

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$

190.4