Reportable Business Segments (Tables)

9 Months Ended

Sep. 30, 2024

Reportable Business Segments

Schedule of net sales, both external and intersegment, by segment

	External				Intersegment
Three Months Ended September 30,	2024		2023		2024		2023
Harsh Environment Solutions	$	1,193.5	$	887.3	$	23.7	$	21.5
Communications Solutions		1,685.5		1,279.2		12.6		12.6
Interconnect and Sensor Systems		1,159.8		1,032.7		7.9		4.0
Consolidated Net sales	$	4,038.8	$	3,199.2	$	44.2	$	38.1
Nine Months Ended September 30,
Harsh Environment Solutions	$	3,155.5	$	2,630.4	$	65.3	$	69.3
Communications Solutions		4,395.8		3,567.6		37.2		38.7
Interconnect and Sensor Systems		3,353.6		3,029.2		19.3		13.4
Consolidated Net sales	$	10,904.9	$	9,227.2	$	121.8	$	121.4

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

	Three Months Ended September 30,				Nine Months Ended September 30,
	2024		2023		2024		2023
Segment operating income:
Harsh Environment Solutions	$	283.7	$	239.1	$	787.8	$	705.7
Communications Solutions		431.0		283.3		1,067.7		752.4
Interconnect and Sensor Systems		217.6		188.9		616.3		553.6
Total segment operating income		932.3		711.3		2,471.8		2,011.7
Corporate / Other:
Stock-based compensation expense		(29.5)		(26.9)		(79.9)		(72.4)
Amortization of acquisition-related inventory step-up costs		(18.2)		—		(18.2)		—
Acquisition-related expenses		(45.4)		(9.0)		(115.4)		(18.4)
Other operating expenses		(19.7)		(17.5)		(55.1)		(51.3)
Interest expense		(55.7)		(33.6)		(150.1)		(104.5)
Gain on bargain purchase acquisition		—		—		—		5.4
Other income (expense), net		11.2		9.2		48.5		18.9
Income before income taxes	$	775.0	$	633.5	$	2,101.6	$	1,789.4

Schedule of depreciation and amortization expense

	Three Months Ended September 30,				Nine Months Ended September 30,
	2024		2023		2024		2023
Harsh Environment Solutions	$	36.5	$	20.7	$	88.6	$	65.0
Communications Solutions		71.9		46.3		158.2		126.1
Interconnect and Sensor Systems		33.8		32.1		101.7		94.9
Corporate / Other (1)		59.0		1.9		80.2		5.4
Total	$	201.2	$	101.0	$	428.7	$	291.4