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Revenue and Segment Information (Tables) | 9 Months Ended
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Oct. 01, 2021
Segment Reporting [Abstract] |
Revenues and Gross Profit From Reportable Segments | Revenue and gross profit for the Company’s operating and reportable segments are as follows (in millions):
| PSG |  | ASG |  | ISG |  | Total
For the quarter ended October 1, 2021: |  |  |  |  |  |  |
Revenue from external customers | $ | 892.1 |  |  | $ | 613.5 |  |  | $ | 236.5 |  |  | $ | 1,742.1 |
Gross profit | $ | 346.0 |  |  | $ | 280.1 |  |  | $ | 94.7 |  |  | $ | 720.8 |
For the quarter ended October 2, 2020: |  |  |  |  |  |  |
Revenue from external customers | $ | 647.4 |  |  | $ | 494.6 |  |  | $ | 175.3 |  |  | $ | 1,317.3 |
Gross profit (1) | $ | 194.2 |  |  | $ | 191.2 |  |  | $ | 55.8 |  |  | $ | 441.2 |
For the nine months ended October 1, 2021: |  |  |  |  |  |  |
Revenue from external customers | $ | 2,485.7 |  |  | $ | 1,752.6 |  |  | $ | 655.4 |  |  | $ | 4,893.7 |
Gross profit | $ | 906.8 |  |  | $ | 739.2 |  |  | $ | 236.1 |  |  | $ | 1,882.1 |
For the nine months ended October 2, 2020: |  |  |  |  |  |  |
Revenue from external customers | $ | 1,889.7 |  |  | $ | 1,388.4 |  |  | $ | 530.6 |  |  | $ | 3,808.7 |
Gross profit (1) | $ | 549.2 |  |  | $ | 500.4 |  |  | $ | 168.6 |  |  | $ | 1,218.2 |
(1)Beginning in the first quarter of 2021, the Company started including unallocated manufacturing costs as part of segment operating results to determine segment gross profit. As a result, the prior-period amounts have been reclassified to conform to current-period presentation.
Disaggregation of Revenue | Revenue for the Company's operating and reportable segments disaggregated into geographic locations based on sales billed from the respective country and sales channels are as follows (in millions):
| Quarter Ended October 1, 2021
| PSG |  | ASG |  | ISG |  | Total
Geographic Location |  |  |  |  |  |  |
Singapore | $ | 285.4 |  |  | $ | 219.3 |  |  | $ | 39.3 |  |  | $ | 544.0 |
Hong Kong | 281.8 |  |  | 152.2 |  |  | 53.0 |  |  | 487.0 |
United Kingdom | 145.0 |  |  | 86.8 |  |  | 41.4 |  |  | 273.2 |
United States | 115.8 |  |  | 74.3 |  |  | 48.6 |  |  | 238.7 |
Other | 64.1 |  |  | 80.9 |  |  | 54.2 |  |  | 199.2 |
Total | $ | 892.1 |  |  | $ | 613.5 |  |  | $ | 236.5 |  |  | $ | 1,742.1 |
Sales Channel |  |  |  |  |  |  |
Distributors | $ | 644.2 |  |  | $ | 355.6 |  |  | $ | 149.0 |  |  | $ | 1,148.8 |
Direct Customers | 247.9 |  |  | 257.9 |  |  | 87.5 |  |  | 593.3 |
Total | $ | 892.1 |  |  | $ | 613.5 |  |  | $ | 236.5 |  |  | $ | 1,742.1 |
| Nine Months Ended October 1, 2021
| PSG |  | ASG |  | ISG |  | Total
Geographic Location |  |  |  |  |  |  |
Singapore | $ | 833.0 |  |  | $ | 647.8 |  |  | $ | 105.2 |  |  | $ | 1,586.0 |
Hong Kong | 738.9 |  |  | 397.0 |  |  | 142.6 |  |  | 1,278.5 |
United Kingdom | 435.1 |  |  | 254.3 |  |  | 129.2 |  |  | 818.6 |
United States | 299.2 |  |  | 220.9 |  |  | 128.5 |  |  | 648.6 |
Other | 179.5 |  |  | 232.6 |  |  | 149.9 |  |  | 562.0 |
Total | $ | 2,485.7 |  |  | $ | 1,752.6 |  |  | $ | 655.4 |  |  | $ | 4,893.7 |
Sales Channel |  |  |  |  |  |  |
Distributors | $ | 1,779.2 |  |  | $ | 988.8 |  |  | $ | 410.7 |  |  | $ | 3,178.7 |
Direct Customers | 706.5 |  |  | 763.8 |  |  | 244.7 |  |  | 1,715.0 |
Total | $ | 2,485.7 |  |  | $ | 1,752.6 |  |  | $ | 655.4 |  |  | $ | 4,893.7 |
| Quarter Ended October 2, 2020
| PSG |  | ASG |  | ISG |  | Total
Geographic Location |  |  |  |  |  |  |
Singapore | $ | 236.5 |  |  | $ | 177.1 |  |  | $ | 28.3 |  |  | $ | 441.9 |
Hong Kong | 187.8 |  |  | 103.4 |  |  | 43.3 |  |  | 334.5 |
United Kingdom | 98.6 |  |  | 71.0 |  |  | 37.2 |  |  | 206.8 |
United States | 73.0 |  |  | 68.4 |  |  | 46.2 |  |  | 187.6 |
Other | 51.5 |  |  | 74.7 |  |  | 20.3 |  |  | 146.5 |
Total | $ | 647.4 |  |  | $ | 494.6 |  |  | $ | 175.3 |  |  | $ | 1,317.3 |
Sales Channel |  |  |  |  |  |  |
Distributors | $ | 436.3 |  |  | $ | 255.8 |  |  | $ | 87.3 |  |  | $ | 779.4 |
Direct Customers | 211.1 |  |  | 238.8 |  |  | 88.0 |  |  | 537.9 |
Total | $ | 647.4 |  |  | $ | 494.6 |  |  | $ | 175.3 |  |  | $ | 1,317.3 |
| Nine Months Ended October 2, 2020
| PSG |  | ASG |  | ISG |  | Total
Geographic Location |  |  |  |  |  |  |
Singapore | $ | 674.2 |  |  | $ | 507.1 |  |  | $ | 108.3 |  |  | $ | 1,289.6 |
Hong Kong | 570.2 |  |  | 291.0 |  |  | 112.8 |  |  | 974.0 |
United Kingdom | 279.5 |  |  | 190.2 |  |  | 105.0 |  |  | 574.7 |
United States | 201.9 |  |  | 209.2 |  |  | 112.8 |  |  | 523.9 |
Other | 163.9 |  |  | 190.9 |  |  | 91.7 |  |  | 446.5 |
Total | $ | 1,889.7 |  |  | $ | 1,388.4 |  |  | $ | 530.6 |  |  | $ | 3,808.7 |
Sales Channel |  |  |  |  |  |  |
Distributors | $ | 1,259.5 |  |  | $ | 700.7 |  |  | $ | 294.5 |  |  | $ | 2,254.7 |
Direct Customers | 630.2 |  |  | 687.7 |  |  | 236.1 |  |  | 1,554.0 |
Total | $ | 1,889.7 |  |  | $ | 1,388.4 |  |  | $ | 530.6 |  |  | $ | 3,808.7 |
Summary of Property, Plant and Equipment by Geographic Location | Property, plant and equipment, net, by geographic location, is summarized as follows (in millions):
| As of
| October 1, 2021 |  | December 31, 2020
United States | $ | 709.3 |  |  | $ | 686.6 |
South Korea | 444.0 |  |  | 455.5 |
Philippines | 352.9 |  |  | 386.6 |
China | 213.6 |  |  | 229.6 |
Japan | 205.0 |  |  | 209.3 |
Czech Republic | 204.5 |  |  | 216.1 |
Malaysia | 181.0 |  |  | 190.2 |
Other | 117.5 |  |  | 138.4 |
Total | $ | 2,427.8 |  |  | $ | 2,512.3 |

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