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Reportable Business Segments and International Operations | 12 Months Ended
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Dec. 31, 2014
Reportable Business Segments |
Reportable Business Segments | Note 11—Reportable Business Segments and International Operations The Company has two reportable business segments: (i) Interconnect Products and Assemblies and (ii) Cable Products and Solutions. The Company aggregates its operating segments into reportable segments based upon similar economic characteristics and business groupings of products, services, and customers. The Interconnect Product and Assemblies segment primarily designs, manufacturers and markets a broad range of connector and connector systems, value-add products and other products, including antennas and sensors, used in a broad range of applications in a diverse set of end markets. The Cable Products and Solutions segment primarily designs, manufacturers and markets cable, value-added products and components for use primarily in the broadband communications and information technology markets as well as certain applications in other markets. The accounting policies of the segments are the same as those for the Company as a whole and are described in Note 1 herein. The Company evaluates the performance of business units on, among other things, profit or loss from operations before interest, headquarters’ expense allocations, stock-based compensation expense, income taxes, amortization related to certain intangible assets and nonrecurring gains and losses.
|  | Interconnect Products and Assemblies |  | Cable Products and Solutions |  | Total |
|  | 2014 |  | 2013 |  | 2012 |  | 2014 |  | 2013 |  | 2012 |  | 2014 |  | 2013 |  | 2012 |
Net sales |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
—external |  | $ | 4,992.6 |  | $ | 4,269.0 |  | $ | 3,987.3 |  | $ | 352.9 |  | $ | 345.7 |  | $ | 304.8 |  | $ | 5,345.5 |  | $ | 4,614.7 |  | $ | 4,292.1 |
—intersegment |  | 6.6 |  | 5.5 |  | 4.9 |  | 18.0 |  | 19.4 |  | 19.6 |  | 24.6 |  | 24.9 |  | 24.5 |
Depreciation and amortization |  | 160.0 |  | 123.4 |  | 107.5 |  | 3.4 |  | 2.9 |  | 2.4 |  | 163.4 |  | 126.3 |  | 109.9 |
Segment operating income |  | 1,088.0 |  | 931.0 |  | 858.1 |  | 43.7 |  | 46.3 |  | 41.1 |  | 1,131.7 |  | 977.3 |  | 899.2 |
Segment assets (excluding goodwill) |  | 4,161.7 |  | 3,648.0 |  | 2,870.3 |  | 173.4 |  | 165.3 |  | 134.8 |  | 4,335.1 |  | 3,813.3 |  | 3,005.1 |
Additions to property, plant and equipment |  | 203.1 |  | 154.7 |  | 125.5 |  | 4.8 |  | 2.0 |  | 3.4 |  | 207.9 |  | 156.7 |  | 128.9 |
Reconciliation of segment operating income to consolidated income before income taxes:
|  | 2014 |  | 2013 |  | 2012 |
Segment operating income |  | $ | 1,131.7 |  | $ | 977.3 |  | $ | 899.2 |
Interest expense |  | (80.4 | ) | (63.6 | ) | (59.6 | )
Interest income |  | 20.2 |  | 15.0 |  | 11.5 |
Stock-based compensation expense |  | (41.4 | ) | (36.1 | ) | (31.4 | )
Acquisition-related expenses |  | (14.1 | ) | (6.0 | ) | (2.0 | )
Other costs, net |  | (43.5 | ) | (40.0 | ) | (38.9 | )
Consolidated income before income taxes |  | $ | 972.5 |  | $ | 846.6 |  | $ | 778.8 |
Reconciliation of segment assets to consolidated total assets:
|  | 2014 |  | 2013 |
Segment assets excluding goodwill |  | $ | 4,335.1 |  | $ | 3,813.3 |
Goodwill |  | 2,616.7 |  | 2,289.1 |
Other assets |  | 75.2 |  | 65.6 |
Consolidated total assets |  | $ | 7,027.0 |  | $ | 6,168.0 |
Geographic information:
|  | Net sales |  | Land and depreciable assets, net |
|  | 2014 |  | 2013 |  | 2012 |  | 2014 |  | 2013 |  | 2012 |
United States |  | $ | 1,673.5 |  | $ | 1,430.5 |  | $ | 1,379.7 |  | $ | 214.8 |  | $ | 175.4 |  | $ | 121.8 |
China |  | 1,440.8 |  | 1,243.7 |  | 1,065.1 |  | 149.2 |  | 151.2 |  | 138.0 |
Other international locations |  | 2,231.2 |  | 1,940.5 |  | 1,847.3 |  | 226.7 |  | 205.8 |  | 157.6 |
Total |  | $ | 5,345.5 |  | $ | 4,614.7 |  | $ | 4,292.1 |  | $ | 590.7 |  | $ | 532.4 |  | $ | 417.4 |
Revenues by geographic area are based on the customer location to which the product is shipped.

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8864-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8933-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8844-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8538-108599 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8380-108599 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8981-108599 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 35 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8984-108599 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8906-108599 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9054-108599 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8924-108599 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9031-108599 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 33 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8971-108599 Reference 14: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8595-108599 + Details
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