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Description of business, including segment and geographic area information
6 Months Ended
Jun. 30, 2024
Segment Reporting [Abstract]  
Description of business, including segment and geographic area information Description of business, including segment and geographic area information
We design and manufacture semiconductors that we sell to electronics designers and manufacturers all over the world. We have two reportable segments, Analog and Embedded Processing, each of which represents groups of similar products that are combined on the basis of similar design and development requirements, product characteristics, manufacturing processes and distribution channels. Our segments also reflect how management allocates resources and measures results.
Analog semiconductors change real-world signals, such as sound, temperature, pressure or images, by conditioning them, amplifying them and often converting them to a stream of digital data that can be processed by other semiconductors, such as embedded processors. Analog semiconductors are also used to manage power in all electronic equipment by converting, distributing, storing, discharging, isolating and measuring electrical energy, whether the equipment is plugged into a wall or using a battery. Our Analog segment consists of two major product lines: Power and Signal Chain.
Embedded Processing products are the digital “brains” of many types of electronic equipment. They are designed to handle specific tasks and can be optimized for various combinations of performance, power and cost, depending on the application.
We report the results of our remaining business activities in Other. Other includes operating segments that do not meet the quantitative thresholds for individually reportable segments and cannot be aggregated with other operating segments. Other includes DLP® products, calculators and custom ASIC products.
Our centralized manufacturing and support organizations, such as facilities, procurement and logistics, provide support to our operating segments, including those in Other. Costs incurred by these organizations, including depreciation, are charged to the segments on a per-unit basis. Consequently, depreciation expense is not an independently identifiable component within the segments’ results and, therefore, is not provided.
Segment information
For Three Months EndedFor Six Months Ended
June 30,June 30,
 2024202320242023
Revenue:    
Analog$2,928 $3,278 $5,764 $6,567 
Embedded Processing615 894 1,267 1,726 
Other279 359 452 617 
Total revenue$3,822 $4,531 $7,483 $8,910 
Operating profit:
Analog$1,047 $1,463 $2,055 $3,037 
Embedded Processing80 318 185 555 
Other (a)121 191 294 314 
Total operating profit$1,248 $1,972 $2,534 $3,906 
(a)Includes restructuring charges/other
Geographic area information
Our estimate for revenue based on the geographic location of our end customers’ headquarters, which represents where critical decisions are made, is as follows:
For Three Months EndedFor Six Months Ended
June 30,June 30,
2024202320242023
Revenue:
United States$1,408 37 %$1,493 33 %$2,696 36 %$2,850 32 %
China745 19 872 19 1,368 18 1,748 20 
Rest of Asia417 11 435 10 818 11 829 
Europe, Middle East and Africa (a)898 23 1,194 26 1,853 25 2,464 28 
Japan292 8 480 11 622 8 918 10 
Rest of world62 2 57 126 2 101 
Total revenue$3,822 100 %$4,531 100 %$7,483 100 %$8,910 100 %
(a)Revenue from end customers headquartered in Germany was 11% and 13% in the second quarters of 2024 and 2023, respectively, and 12% and 13% in the first six months of 2024 and 2023, respectively.