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Segment information
12 Months Ended
Jun. 29, 2013
Segment Reporting [Abstract]  
Segment information
Segment information
Electronics Marketing and Technology Solutions are the overall segments upon which management primarily evaluates the operations of the Company and upon which management bases its operating decisions. Therefore, the segment data that follows reflects these two segments.
EM markets and sells semiconductors and interconnect, passive and electromechanical devices and embedded products. EM markets and sells its products and services to a diverse customer base serving many end-markets including automotive, communications, computer hardware and peripheral, industrial and manufacturing, medical equipment, military and aerospace. EM also offers an array of value-added services that help customers evaluate, design-in and procure electronic components throughout the lifecycle of their technology products and systems, including supply-chain management, engineering design, inventory replenishment systems, connector and cable assembly and semiconductor programming.
TS markets and sells mid- to high-end servers, data storage, software, and the services required to implement these products and solutions to the value-added reseller channel. TS also focuses on the worldwide original equipment manufacturers (“OEM”) market for computing technology, system integrators and non-PC OEMs that require embedded systems and solutions including engineering, product prototyping, integration and other value-added services.
 
Years Ended
 
June 29,
2013
 
June 30,
2012
 
July 2,
2011
 
(Millions)
Sales:
 
 
 
 
 
Electronics Marketing
$
15,094.4

 
$
14,933.1

 
$
15,066.2

Technology Solutions
10,364.5

 
10,774.4

 
11,468.2

 
$
25,458.9

 
$
25,707.5

 
$
26,534.4

Operating income (loss):
 
 
 
 
 
Electronics Marketing
$
624.0

 
$
751.4

 
$
832.5

Technology Solutions
278.4

 
319.3

 
286.7

Corporate
(126.9
)
 
(112.9
)
 
(112.0
)
 
775.5

 
957.8

 
1,007.2

Restructuring, integration and other charges (Note 17)
(149.5
)
 
(73.6
)
 
(77.2
)
 
$
626.0

 
$
884.2

 
$
930.0

Assets:
 
 
 
 
 
Electronics Marketing
$
6,316.3

 
$
6,024.3

 
$
5,890.9

Technology Solutions
3,838.4

 
3,738.5

 
3,765.2

Corporate
320.0

 
405.1

 
249.5

 
$
10,474.7

 
$
10,167.9

 
$
9,905.6

Capital expenditures:
 
 
 
 
 
Electronics Marketing
$
24.1

 
$
58.5

 
$
69.8

Technology Solutions
26.6

 
41.3

 
57.4

Corporate
46.7

 
28.8

 
21.5

 
$
97.4

 
$
128.6

 
$
148.7

Depreciation & amortization expense:
 
 
 
 
 
Electronics Marketing
$
51.8

 
$
38.9

 
$
28.3

Technology Solutions
47.3

 
39.2

 
30.0

Corporate
21.6

 
23.2

 
23.1

 
$
120.7

 
$
101.3

 
$
81.4

Sales, by geographic area, are as follows:
 
 
 
 
 
Americas (1)
$
10,716.6

 
$
11,499.3

 
$
11,518.5

EMEA (2)
7,277.9

 
7,408.9

 
8,393.4

Asia/Pacific (3)
7,464.4

 
6,799.3

 
6,622.5

 
$
25,458.9

 
$
25,707.5

 
$
26,534.4

Property, plant and equipment, net, by geographic area:
 
 
 
 
 
Americas (4)
$
283.0

 
$
278.5

 
$
242.5

EMEA (5)
177.9

 
150.8

 
150.6

Asia/Pacific
31.7

 
31.9

 
26.1

 
$
492.6

 
$
461.2

 
$
419.2

______________________
(1)
Includes sales in the United States of $9.4 billion, $10.0 billion and $10.0 billion for fiscal 2013, 2012 and 2011, respectively.
(2)
Includes sales in Germany and the United Kingdom of $2.8 billion and $1.2 billion, respectively, for fiscal 2013. Includes sales in Germany and the United Kingdom of $2.6 billion and $1.4 billion, respectively, for fiscal 2012. Includes sales in Germany and the United Kingdom of $3.1 billion and $1.7 billion, respectively, for fiscal 2011.
(3)
Includes sales of $2.3 billion, $2.4 billion and $1.2 billion in Taiwan, China (including Hong Kong) and Singapore, respectively, for fiscal 2013. Includes sales of $1.9 billion, $2.3 billion and $1.2 billion in Taiwan, China (including Hong Kong) and Singapore, respectively, for fiscal 2012. Includes sales of $1.8 billion, $2.4 billion and $1.2 billion in Taiwan, China (including Hong Kong) and Singapore, respectively, for fiscal 2011.
(4)
Includes property, plant and equipment, net, of $273.4 million, $266.7 million and $231.3 million in the United States for fiscal 2013, 2012 and 2011, respectively.
(5)
Includes property, plant and equipment, net, of $92.7 million, $45.1 million, and $13.1 million in Germany, Belgium and the United Kingdom, respectively, for fiscal 2013. Fiscal 2012 includes property, plant and equipment, net, of $90.6 million in Germany, $26.4 million in Belgium and $17.3 million in the United Kingdom. Fiscal 2011 includes property, plant and equipment, net, of $92.8 million in Germany, $23.4 million in Belgium and $16.4 million in the United Kingdom.
The Company manages its business based upon the operating results of its two operating groups before restructuring, integration and other charges (see Note 17).
Listed in the table below are the major product categories and the Company’s approximate sales of each during the past three fiscal years:
 
Years Ended
 
June 29,
2013
 
June 30,
2012
 
July 2,
2011
 
(Millions)
Semiconductors
$
13,720.8

 
$
13,461.6

 
$
14,149.3

Computer products
9,346.0

 
9,984.4

 
10,284.6

Connectors
687.6

 
667.5

 
1,041.4

Passives, electromechanical and other
1,704.5

 
1,594.0

 
1,059.1

 
$
25,458.9

 
$
25,707.5

 
$
26,534.4