Segment information

12 Months Ended

Jun. 29, 2024

Segment information

Segment information

16. Segment information

Electronic Components (“EC”) and Farnell (“Farnell”) are the Company’s reportable segments (“operating groups”).

	Years Ended
	June 29,		July 1,		July 2,
	2024		2023		2022
	(Millions)
Sales:
Electronic Components	$	22,160.0	$	24,802.6	$	22,503.3
Farnell		1,597.1		1,734.3		1,807.4
	$	23,757.1	$	26,536.9	$	24,310.7
Operating income:
Electronic Components	$	947.6	$	1,179.6	$	872.0
Farnell		64.8		165.5		242.5
		1,012.4		1,345.1		1,114.5
Corporate		(112.3)		(124.2)		(128.9)
Restructuring, integration, and other expenses		(52.6)		(28.0)		(5.3)
Russian-Ukraine conflict related expenses		—		—		(26.3)
Amortization of acquired intangible assets and other		(3.1)		(6.1)		(15.0)
	$	844.4	$	1,186.8	$	939.0
Assets:
Electronic Components	$	10,162.8	$	10,375.4	$	8,863.4
Farnell		1,707.9		1,659.0		1,371.1
Corporate		338.4		442.8		154.0
	$	12,209.1	$	12,477.2	$	10,388.5
Capital expenditures:
Electronic Components	$	176.5	$	153.4	$	25.7
Farnell		49.9		41.2		23.1
Corporate		0.1		0.1		0.1
	$	226.5	$	194.7	$	48.9
Depreciation & amortization expense:
Electronic Components	$	60.6	$	63.6	$	67.7
Farnell		26.0		24.8		31.3
Corporate		0.1		0.2		3.3
	$	86.7	$	88.6	$	102.3
Sales, by geographic area:
Americas	$	5,919.2	$	6,807.7	$	5,896.0
EMEA		8,395.0		9,229.4		7,838.1
Asia		9,442.9		10,499.8		10,576.6
	$	23,757.1	$	26,536.9	$	24,310.7
Property, plant and equipment, net, by geographic area:
Americas	$	109.7	$	105.3	$	115.4
EMEA		435.3		310.9		170.1
Asia		23.2		25.4		29.7
	$	568.2	$	441.6	$	315.2

Sales by country are as follows:

		Years Ended
		June 29,		July 1,		July 2,
		2024		2023		2022
		(Millions)
Sales:
Germany	$	3,240.3	$	3,892.2	$	3,158.0
Belgium		1,422.6		1,549.6		1,367.1
Taiwan		4,032.4		4,233.3		4,635.0
China (including Hong Kong)		3,206.7		3,395.8		3,375.4
Singapore		1,298.4		1,497.0		1,317.1
Other		5,030.8		5,623.8		4,981.4
Total foreign	$	18,231.2	$	20,191.7	$	18,834.0
United States	$	5,525.9	$	6,345.2	$	5,476.7
Total	$	23,757.1	$	26,536.9	$	24,310.7

Property, plant and equipment, net, by country are as follows:

		Years Ended
		June 29,		July 1,		July 2,
		2024		2023		2022
		(Millions)
Property, plant and equipment, net:
Germany	$	307.7	$	196.0	$	67.6
United Kingdom		105.7		92.6		79.8
Belgium		14.0		15.5		16.7
Other		33.7		35.6		38.7
Total foreign	$	461.1	$	339.7	$	202.8
United States	$	107.1	$	101.9	$	112.4
Total	$	568.2	$	441.6	$	315.2