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Segment Information & Geographic Data (Tables)
 12 Months Ended
Dec. 31, 2024
Segment Reporting [Abstract]  
Schedule of Financial Information by Segment
Financial information by segment is presented as follows (in millions):
 Year Ended December 31,
 202420232022
Net sales:
AIT$1,647 $1,651 $1,837 
EVM3,334 2,933 3,944 
Total Net sales$4,981 $4,584 $5,781 
Cost of sales:
AIT854 864 1,042 
EVM1,714 1,597 2,115 
Operating expenses:
AIT(1)
458 441 434 
EVM(1)
1,086 993 1,118 
Operating income:
AIT(2)
335 346 361 
EVM(2)
534 343 711 
Total segment operating income$869 $689 $1,072 
Corporate (3)
(127)(208)(543)
Total Operating income$742 $481 $529 

(1)AIT and EVM segment operating expenses include Selling and marketing, Research and development, and General and administrative expenses, excluding the amounts classified within Corporate.

(2)AIT and EVM segment operating income includes depreciation and share-based compensation expense. The depreciation and share-based compensation expense amounts are proportionate to each segment’s Net sales.

(3)To the extent applicable, amounts included in Corporate consist of Amortization of intangible assets, Acquisition and integration costs, Exit and restructuring costs, as well as certain other non-recurring costs (such as the Settlement costs in 2022, impairment of goodwill and other intangibles, and business acquisition purchase accounting adjustments).
Schedule of Significant Customers as Percentage of Total Net Sales The approximate percentage of Company total Net sales by segment to these customers were as follows:
 Year Ended December 31,
 202420232022
AITEVMTotalAITEVMTotalAITEVMTotal
Customer A5 %16 %21 %5 %13 %18 %7 %14 %21 %
Customer B9 %10 %19 %8 %6 %14 %6 %9 %15 %
Customer C4 %10 %14 %4 %8 %12 %4 %9 %13 %
Schedule of Information Regarding Operations by Geographic Area
Net sales by region were as follows (in millions):
 Year Ended December 31,
 202420232022
North America$2,547 $2,405 $2,919 
EMEA1,617 1,414 1,920 
Asia-Pacific490 481 609 
Latin America327 284 333 
Total Net sales$4,981 $4,584 $5,781 
Schedule of Net Sales by Country Net sales during these years were as follows (in millions):
 Year Ended December 31,
202420232022
U.S.$2,486 $2,330 $2,840 
Germany797 682 949 
Other1,698 1,572 1,992 
Total Net sales$4,981 $4,584 $5,781 
Schedule of Geographic Data for Long-lived Assets
Geographic data for long-lived assets is as follows (in millions):
 Year Ended December 31,
 202420232022
North America$341 $338 $336 
EMEA56 61 58 
Asia-Pacific69 73 35 
Latin America6 6 5 
Total long-lived assets$472 $478 $434